Fixed Dollar Risk LinesFixed Dollar Risk Lines is a utility indicator that converts a user-defined dollar risk into price distance and plots risk lines above and below the current price for popular futures contracts. It helps you place stops or entries at a consistent dollar risk per trade, regardless of the market’s tick value or tick size.
What it does:
-You choose a dollar amount to risk (e.g., $100) and a futures contract (ES, NQ, GC, YM, RTY, PL, SI, CL, BTC).
The script automatically:
-Looks up the contract’s tick value and tick size
-Converts your dollar risk into number of ticks
-Converts ticks into price distance
Plots:
-Long Risk line below current price
-Short Risk line above current price
-Optional labels show exact price levels and an information table summarizes your settings.
Key features
-Consistent dollar risk across instruments
-Supports major futures contracts with built‑in tick values and sizes
-Toggle Long and Short risk lines independently
-Customizable line width and colors (lines and labels)
-Right‑axis price level display for quick reading
-Compact info table with contract, risk, and computed prices
Typical use
-Long setups: use the green line as a stop level below entry to match your chosen dollar risk.
-Short setups: use the red line as a stop level above entry to match your chosen dollar risk.
-Quickly compare how the same dollar risk translates to distance on different contracts.
Inputs
-Risk Amount (USD)
-Futures Contract (ES, NQ, GC, YM, RTY, PL, SI, CL, BTC)
-Show Long/Short lines (toggles)
-Line Width
-Colors for lines and labels
Notes
-Designed for futures symbols that match the listed contracts’ tick specs. If your symbol has different tick value/size than the defaults, results will differ.
-Intended for educational/informational use; not financial advice.
-This tool streamlines risk placement so you can focus on execution while keeping dollar risk consistent across markets.
ポートフォリオ管理
Trading Toolkit - Comprehensive AnalysisTrading Toolkit – Comprehensive Analysis
A unified trading analysis toolkit with four sections:
📊 Company Info
Fundamentals, market cap, sector, and earnings countdown.
📅 Performance
Date‑range analysis with key metrics.
🎯 Market Sentiment
CNN‑style Fear & Greed Index (7 components) + 150‑SMA positioning.
🛡️ Risk Levels
ATR/MAD‑based stop‑loss and take‑profit calculations.
Key Features
CNN‑style Fear & Greed approximation using:
Momentum: S&P 500 vs 125‑DMA
Price Strength: NYSE 52‑week highs vs lows
Market Breadth: McClellan Volume Summation (Up/Down volume)
Put/Call Ratio: 5‑day average (inverted)
Volatility: VIX vs 50‑DMA (inverted)
Safe‑Haven Demand: 20‑day SPY–IEF return spread
Junk‑Bond Demand: HY vs IG credit spread (inverted)
Normalization: z‑score → percentile (0–100) with ±3 clipping.
CNN‑aligned thresholds:
Extreme Fear: 0–24 | Fear: 25–44 | Neutral: 45–54 | Greed: 55–74 | Extreme Greed: 75+.
Risk tools: ATR & MAD volatility measures with configurable multipliers.
Flexible layout: vertical or side‑by‑side columns.
Data Sources
S&P 500: CBOE:SPX or AMEX:SPY
NYSE: INDEX:HIGN, INDEX:LOWN, USI:UVOL, USI:DVOL
Options: USI:PCC (Total PCR), fallback INDEX:CPCS (Equity PCR)
Volatility: CBOE:VIX
Treasuries: NASDAQ:IEF
Credit Spreads: FRED:BAMLH0A0HYM2, FRED:BAMLC0A0CM
Risk Management
ATR risk bands: 🟢 ≤3%, 🟡 3–6%, ⚪ 6–10%, 🟠 10–15%, 🔴 >15%
MAD‑based stop‑loss and take‑profit calculations.
Author: Daniel Dahan
(AI Generated, Merged & enhanced version with CNN‑style Fear & Greed)
Trading Lot & Margin Calculator
# 💹 Trading Lot & Margin Calculator - Professional Risk Management Tool
## 🎯 Overview
A comprehensive, all-in-one calculator dashboard that helps traders determine optimal position sizes, calculate margin requirements, and manage risk effectively across multiple asset classes. This indicator displays directly on your chart as a customizable table, providing real-time calculations based on current market prices.
## ✨ Key Features
### 📊 Three Powerful Calculation Modes:
**1. Calculate Lot Size (Risk-Based Position Sizing)**
- Input your risk percentage and stop loss in pips
- Automatically calculates the optimal lot size for your risk tolerance
- Respects margin limitations (configurable margin % cap)
- Ensures positions don't exceed minimum lot size (0.01)
- Perfect for risk management and proper position sizing
**2. Calculate Margin Cost**
- Input desired lot size
- See exactly how much margin is required
- Shows percentage of deposit used
- Displays free margin remaining
- Warns when insufficient funds
**3. Margin to Lots**
- Specify a fixed margin amount you want to use
- Calculator shows how many lots/contracts you can buy
- Ideal for traders with fixed margin budgets
## 🤖 Auto-Detection of Instruments
The calculator **automatically detects** what you're trading and adjusts calculations accordingly:
### ✅ Fully Supported:
- **💱 Forex Pairs** - All majors, minors, exotics (EURUSD, GBPJPY, etc.)
- Standard lot: 100,000 units
- JPY pairs: 0.01 pip size, others: 0.0001
- **🛢️ Commodities** - Gold, Silver, Oil
- XAUUSD (Gold): 100 oz per lot
- XAGUSD (Silver): 5,000 oz per lot
- Oil (WTI/Brent): 1,000 barrels per lot
- **📈 Indices** - US500, NAS100, US30, DAX, etc.
- Correct contract sizes per point
- **📊 Stocks** - All individual stocks
- 1 lot = 1 share
- Direct share calculations
### ⚠️ Known Limitation:
- **₿ Crypto calculations may not work properly** on all crypto pairs. Use manual contract size if needed.
## 📋 Dashboard Information Displayed:
- 🎯 Optimal/Requested Lot Size
- 💰 Margin Required
- 📊 Margin % of Deposit
- 💵 Free Margin Remaining
- 💎 Position Value
- 📈 Pip/Point Value
- ⚠️ Safety Warnings (insufficient funds, high risk, etc.)
- 🔍 Detected Instrument Type
- 📦 Contract Size
## ⚙️ Customizable Settings:
**Account Settings:**
- Account Deposit
- Leverage (1:1 to 1:1000)
- Max Margin % of Deposit (default 5% for safety)
**Risk Management:**
- Risk Percentage (for lot size calculation)
- Stop Loss in Pips
- Lot Amount (for margin cost calculation)
- Margin to Use (for margin-to-lots calculation)
**Display Options:**
- Show/Hide Dashboard
- Position: Top/Middle/Bottom, Left/Right
- Auto-detect instrument ON/OFF
- Manual contract size override
## 🎨 Professional Design
- Clean, modern table interface
- Color-coded warnings (red = danger, yellow = caution, green = safe)
- Large, readable text
- Minimal screen space usage
- Non-intrusive overlay
## 💡 Use Cases:
1. **Day Traders** - Quick position sizing based on account risk
2. **Swing Traders** - Calculate optimal positions for longer-term setups
3. **Risk Managers** - Ensure positions stay within margin limits
4. **Beginners** - Learn proper position sizing and risk management
5. **Multi-Asset Traders** - Seamlessly switch between forex, commodities, indices, and stocks
## ⚠️ Important Notes:
- ✅ Works on all timeframes
- ✅ Updates in real-time with price changes
- ✅ Minimum lot size enforced (0.01)
- ✅ Margin calculations use current chart price
- ⚠️ **Crypto calculations may be inaccurate** - verify with your broker
- 📌 Always verify calculations with your broker's specifications
- 📌 Contract sizes may vary by broker
## 🚀 How to Use:
1. Add indicator to any chart
2. Click settings ⚙️ icon
3. Enter your account details (deposit, leverage)
4. Choose calculation mode
5. Input your parameters
6. View optimal lot size and margin requirements on dashboard
## 📈 Perfect For:
- Forex traders managing multiple currency pairs
- Commodity traders (Gold, Silver, Oil)
- Index traders (S&P 500, NASDAQ, etc.)
- Stock traders
- Anyone who wants professional risk management
## 🛡️ Risk Management Features:
- Configurable margin % cap prevents over-leveraging
- Risk-based position sizing protects your account
- Warnings for high risk, insufficient funds, margin limitations
- Prevents positions below minimum lot size
---
**Trade smarter, not harder. Calculate before you trade!** 📊💪
---
## Version Notes:
- Pine Script v6
- Overlay mode for chart display
- No external dependencies
- Lightweight and fast
**Disclaimer:** This calculator is for educational and informational purposes only. Always verify calculations with your broker and trade at your own risk. Past performance does not guarantee future results.
---
Crypto Index Price# Crypto Index Price - Indicator Description
## 📊 What is this indicator?
**Crypto Index Price** is an indicator for creating your own cryptocurrency index based on an equal-weighted portfolio. It allows you to track the overall dynamics of the cryptocurrency market through a composite index of selected assets.
## 🎯 Key Features
- **Up to 20 assets in the index** — create an index from any trading pairs
- **Equal-weighted methodology** — each asset has the same weight in the index
- **Moving average** — optional trend filter for the index
- **Flexible visualization settings** — customizable colors and line thickness
## 📈 How to Use
The indicator is displayed in a separate pane below the chart and shows:
1. **Blue line** — crypto index value
2. **Orange line** (optional) — moving average of the index
### Trading Applications:
- **Identify overall market trend** — if the index is rising, most coins are in an uptrend
- **Divergences** — divergence between your asset and the index may signal local opportunities
- **Signal confirmation** — use the index to confirm trading decisions on individual coins
- **Market condition filter** — trade longs when index is above MA, shorts when below
## ⚙️ Settings
### Assets (Symbols)
- **Asset 1-10** — main cryptocurrencies (default: BTC, ETH, BNB, SOL, XRP, ADA, AVAX, LINK, DOGE, TRX)
- **Asset 11-20** — additional slots for index expansion
### Visual Parameters
- **Index line color** — main line color (default: blue)
- **Line width** — from 1 to 5 pixels
- **Show moving average** — enable/disable MA
- **MA period** — moving average calculation period (default: 20)
- **MA color** — moving average line color (default: orange)
## 💡 Recommendations
- For a top coins index, use 5-10 largest cryptocurrencies by market cap
- For an altcoin index, add medium and small coins from your sector
- Use MA to filter false signals and identify the global trend
- Compare individual asset behavior with the index to find anomalies
## ⚠️ Important
The indicator uses equal-weighted methodology — each coin contributes equally regardless of price or market cap. This differs from cap-weighted indices and may provide a different market perspective.
---
*This indicator is intended for analysis and is not trading advice. Always conduct your own analysis before making trading decisions.*
---
Stock Fundamental Overlay [DarwinDarma]Stock Fundamental Overlay
Stock Fundamental Overlay is a comprehensive valuation indicator that displays multiple fundamental analysis metrics directly on your price chart.
Key Features:
• Graham Number - Benjamin Graham's intrinsic value formula
• Book Value Per Share (BVPS) - Net asset value baseline
• DCF Valuation - Discounted Cash Flow analysis (non-financial stocks)
• DDM Valuation - Dividend Discount Model (dividend-paying stocks)
• Visual Value Zones - Color-coded undervalued/overvalued regions
• Real-time Fundamental Table - Live metrics and valuations
• Price vs Graham Comparison - Quick valuation assessment
• Built-in Alerts - Notification when price crosses key levels
Valuation Models:
• Graham Number: √(22.5 × EPS × BVPS)
• DCF: Customizable discount rate, growth rate, and forecast period
• DDM: Gordon Growth Model for dividend analysis
Visual Elements:
• Plot lines for BVPS, Graham Number, and DCF values
• Shaded value zone between BVPS and Graham Number
• Background coloring: Deep value (below BVPS), Undervalued (below Graham), Overvalued (>1.5x Graham)
• Dynamic table showing all metrics with theme-aware text colors
Special Handling:
• Financial sector detection - DCF disabled for banks/financials where FCF metrics are distorted
• Automatic light/dark theme adaptation
• TTM (Trailing Twelve Months) data for current metrics
How to Use - Value Investing Approach:
1. Identifying Undervalued Stocks:
• Look for price trading BELOW the Graham Number (green zone) - potential value opportunity
• Deep value: Price below BVPS indicates trading below net asset value
• Check "Price vs Graham" % in table - negative values suggest undervaluation
• Compare multiple models: When price is below Graham, DCF, and BVPS simultaneously, stronger buy signal
2. Margin of Safety:
• Benjamin Graham recommended buying at 2/3 of intrinsic value (33% margin of safety)
• Monitor the gap between current price and valuation lines
• Larger gaps = greater margin of safety = lower downside risk
• Use the shaded "Value Zone" as your target buying range
3. Setting Alerts:
• "Price Below Graham Number" - Notifies when stock enters value territory
• "Price Below Book Value" - Extreme value alert for deep value hunters
• "Price Below DCF Value" - Cash flow-based value signal
• Set alerts on watchlist stocks to catch value opportunities
4. Customizing for Your Strategy:
• Conservative investors: Use lower growth rates (3-4%) and higher discount rates (12-15%)
• Growth-value investors: Adjust growth rate (6-8%) for quality compounders
• Dividend investors: Focus on DDM value and Div/Share metrics
• Adjust forecast years based on business predictability (stable = 10 years, cyclical = 5 years)
5. Red Flags to Avoid:
• Negative EPS or FCF (red values in table) - proceed with caution
• Financial sector stocks - Use DDM and Graham, ignore DCF
• Price far above Graham (>1.5x) with red background = overvalued territory
• No fundamental data = "N/A" in table - stock may lack reporting or be too small
• Stock persistently below BVPS for extended periods - potential value trap or business in distress
• Price significantly above ALL models (BVPS, Graham, DCF) - sentiment-driven, lacks intrinsic value foundation (fragile)
⚠️ Important Value Investing Warnings:
• Value Trap Alert: A stock staying below BVPS for months/years may signal fundamental deterioration, asset impairments, or dying industry - not just "cheap." Investigate WHY it's cheap before buying
• Sentiment Bubble Risk: When price trades far above BVPS, Graham Number, AND DCF simultaneously, the stock has no intrinsic value basis. Examples: commodity stocks during boom cycles (gold miners in gold rallies), meme stocks, hype-driven sectors. These are highly fragile and vulnerable to mean reversion
• Cyclical Trap: Commodity/cyclical stocks can appear "cheap" at peak earnings (low P/E, high FCF) but are actually expensive. Normalize earnings across the cycle before valuing
• Quality Matters: Some excellent businesses (asset-light, high ROIC) naturally trade above book value. Don't avoid quality - adjust expectations for business model
6. Monitoring Positions:
• Watch for price approaching or exceeding Graham Number - consider taking profits
• Track EPS and FCF trends quarter-to-quarter in the table
• If fundamentals deteriorate (falling BVPS, negative FCF), reassess thesis
• Use background colors for quick visual check: green = hold/buy, red = overvalued
Perfect for:
Value investors seeking multi-model fundamental analysis, long-term investors comparing intrinsic value to market price, dividend investors evaluating yield stocks, and fundamental traders looking for entry/exit signals.
Note: Only works with stocks that have financial data available. Not applicable to crypto, forex, or futures. This indicator provides analysis tools; always conduct thorough research and due diligence before investing.
Risk-On / Risk-Off Composite (Elliot) – Macro+Vol Upgrade v2drop-in upgrade of indicator that adds three optional macro components with adjustable weights:
Inverted VIX (risk-on when down → we use 100/VIX)
Inverted MOVE (bond vol; risk-on when down → we use 1/MOVE)
Inverted DXY (USD; risk-on when down → we use 1/DXY)
Risk-On / Risk-Off CompositeReal-time Risk-On / Risk-Off Composite from your four ratios:
SPY / TLT (equities vs long bonds)
HYG / LQD (high-yield vs IG credit)
HG / GOLD (copper vs gold)
BTC / GOLD (speculative vs defensive)
It:
normalizes each ratio with a z-score (so they’re comparable),
lets you weight them,
plots a composite line + histogram (up = risk-on, down = risk-off),
shows a small heat-table for each sub-signal,
and includes alert conditions for Risk-On / Risk-Off flips.
Portfolio Strategy TesterThe Portfolio Strategy Tester is an institutional-grade backtesting framework that evaluates the performance of trend-following strategies on multi-asset portfolios. It enables users to construct custom portfolios of up to 30 assets and apply moving average crossover strategies across individual holdings. The model features a clear, color-coded table that provides a side-by-side comparison between the buy-and-hold portfolio and the portfolio using the risk management strategy, offering a comprehensive assessment of both approaches relative to the benchmark.
Portfolios are constructed by entering each ticker symbol in the menu, assigning its respective weight, and reviewing the total sum of individual weights displayed at the top left of the table. For strategy selection, users can choose between Exponential Moving Average (EMA), Simple Moving Average (SMA), Wilder’s Moving Average (RMA), Weighted Moving Average (WMA), Moving Average Convergence Divergence (MACD), and Volume-Weighted Moving Average (VWMA). Moving average lengths are defined in the menu and apply only to strategy-enabled assets.
To accurately replicate real-world portfolio conditions, users can choose between daily, weekly, monthly, or quarterly rebalancing frequencies and decide whether cash is held or redistributed. Daily rebalancing maintains constant portfolio weights, while longer intervals allow natural drift. When cash positions are not allowed, capital from bearish assets is automatically redistributed proportionally among bullish assets, ensuring the portfolio remains fully invested at all times. The table displays a comprehensive set of widely used institutional-grade performance metrics:
CAGR = Compounded annual growth rate of returns.
Volatility = Annualized standard deviation of returns.
Sharpe = CAGR per unit of annualized standard deviation.
Sortino = CAGR per unit of annualized downside deviation.
Calmar = CAGR relative to maximum drawdown.
Max DD = Largest peak-to-trough decline in value.
Beta (β) = Sensitivity of returns relative to benchmark returns.
Alpha (α) = Excess annualized risk-adjusted returns relative to benchmark.
Upside = Ratio of average return to benchmark return on up days.
Downside = Ratio of average return to benchmark return on down days.
Tracking = Annualized standard deviation of returns versus benchmark.
Turnover = Average sum of absolute changes in weights per year.
Cumulative returns are displayed on each label as the total percentage gain from the selected start date, with green indicating positive returns and red indicating negative returns. In the table, baseline metrics serve as the benchmark reference and are always gray. For portfolio metrics, green indicates outperformance relative to the baseline, while red indicates underperformance relative to the baseline. For strategy metrics, green indicates outperformance relative to both the baseline and the portfolio, red indicates underperformance relative to both, and gray indicates underperformance relative to either the baseline or portfolio. Metrics such as Volatility, Tracking Error, and Turnover ratio are always displayed in gray as they serve as descriptive measures.
In summary, the Portfolio Strategy Tester is a comprehensive backtesting tool designed to help investors evaluate different trend-following strategies on custom portfolios. It enables real-world simulation of both active and passive investment approaches and provides a full set of standard institutional-grade performance metrics to support data-driven comparisons. While results are based on historical performance, the model serves as a powerful portfolio management and research framework for developing, validating, and refining systematic investment strategies.
Moving Average Trend Strategy V4.1 — Revised Version (Selectable✅ **Version Notes (V4.0)**
| Feature | Description |
| --------------------------------------- | -------------------------------------------------------- |
| 🧠 **Moving Average Type Options** | Choose from EMA / SMA / HMA / WMA |
| 🧱 **Take-Profit / Stop-Loss Switches** | Can be enabled or disabled independently |
| ⚙️ **Add Position Function** | Can be enabled or disabled independently |
| 🔁 **Add Position Signal Source** | Selectable between MA Crossover / MACD / RCI / RSI |
| 💹 **Adjustable Parameters** | All periods and percentages are customizable in settings |
---
✅ **Update Summary:**
| Function | Description |
| -------------------------------------- | --------------------------------------------------------------------- |
| **MA Type Selection** | Choose EMA / SMA / HMA / WMA in chart settings |
| **Take-Profit / Stop-Loss Percentage** | Configurable in the “Take-Profit & Stop-Loss” group |
| **Add / Reduce Position Percentage** | Adjustable separately in the “Add/Reduce Position” group |
| **MA Periods** | Customizable in the “Moving Average Parameters” section |
| **Code Structure** | Logic unchanged — only parameterization and selection functions added |
---
### **Strategy Recommendations:**
* **Trending Market:** Prefer EMA trend tracking or SAR indicators
* **Range-Bound Market:** Use ATR-based volatility stop-loss
* **Before Major Events:** Consider option hedging
* **Algorithmic Trading:** Recommend ATR + partial take-profit combination strategy
---
### **Key Parameter Optimization Logic:**
* Backtest different **ATR multipliers** (2–3× ATR)
* Test **EMA periods** (10–50 periods)
* Optimize **partial take-profit ratios**
* Adjust **maximum drawdown tolerance** (typically 30–50% of profit)
---
### **Risk Control Tips:**
* Avoid overly tight stop-losses that trigger too frequently
* During strong trends, consider widening take-profit targets
* Confirm trend continuation with **volume analysis**
* Adjust parameters based on **timeframe** (e.g., Daily vs Hourly)
---
### **Practical Example (Forex: EUR/USD):**
* **Entry:** Go long on breakout above 1.1200
* **Initial Stop-Loss:** 1.1150 (50 pips)
* **When profit reaches 1.1300:**
* Close 50% of position
* Move stop-loss to 1.1250 (lock in 50 pips profit)
* **When price rises to 1.1350:**
* Move stop-loss to 1.1300 (lock in 100 pips profit)
* **Final Outcome:**
* Price retraces to 1.1300, triggering take-profit
This method secured over **80% of trend profits** during the 2023 EUR rebound, capturing **23% more profit** compared to fixed take-profit strategies (based on backtest results).
Position Size ToolPosition Size Tool
What it does:
Shows a small on-chart table that converts per-ticker dollar amounts into share counts (shares = amount ÷ current price) for up to 4 configurable tickers.
Inputs (indicator settings)
Ticker 1–4 — select the symbol (TradingView will show the exchange-qualified form like BATS:TQQQ in the settings).
Ticker N $ Amount — dollar amount to convert into shares for that ticker.
Show Ticker N — toggle each row on/off.
Table Text Color — color of the table text.
Table Position — screen location (Top/ Middle/ Bottom × Left/Center/Right).
Font Size — Small / Medium / Large.
Show Empty Top Row — optional spacer row.
What the table displays
Left column: the ticker symbol only (the script strips the exchange prefix for display, so BATS:TQQQ appears as TQQQ in the table).
Right column: the calculated share count, formatted to two decimal places (or "—" if price is not available or zero).
Table updates on the chart’s timeframe using live/last bar prices.
How to use
Add the indicator to a chart.
Open the indicator’s settings panel.
In Ticker 1–4, type/select the symbols you want (you may see the exchange prefix there; that’s TradingView’s UI).
Enter the dollar amounts for each ticker.
Use Show Ticker N to hide/show rows.
Adjust text color, font size, and table position as desired.
Notes
The settings field will always show the exchange-qualified symbol (TradingView behavior); the script strips the exchange only for the on-chart display.
If the selected symbol has no price data on the chart/timeframe, the table shows "—".
Shares are computed as amt ÷ current close from the requested symbol and timeframe.
Example of how to use this tool:
Monitor an index and execute trades on leveraged derivative products. This tool will determine the quantity of shares that can be purchased with a pre-determined dollar amount. Ex: Monitor SPX for entry/exit signals and execute trades on UPRO/SPXU/SPXL/SPXS.
Input a ticker and a dollar amount for position size, shares that can be purchased will be calculated based on the current asset price.
This tool can be helpful for those that use multiple platforms simultaneously to monitor and execute trades.
Jensen Alpha RS🧠 Jensen Alpha RS (J-Alpha RS)
Jensen Alpha RS is a quantitative performance evaluation tool designed to compare multiple assets against a benchmark using Jensen’s Alpha — a classic risk-adjusted return metric from modern portfolio theory.
It helps identify which assets have outperformed their benchmark on a risk-adjusted basis and ranks them in real time, with optional gating and visual tools. 📊
✨ Key Features
• 🧩 Multi-Asset Comparison: Evaluate up to four assets simultaneously.
• 🔀 Adaptive Benchmarking: TOTALES mode uses CRYPTOCAP:TOTALES (total crypto market cap ex-stablecoins). Dynamic mode automatically selects the strongest benchmark among BTC, ETH, and TOTALES based on rolling momentum.
• 📐 Jensen’s Alpha Calculation: Uses rolling covariance, variance, and beta to estimate α, showing how much each asset outperformed its benchmark.
• 📈 Z-Score & Consistency Metrics: Z-Score highlights statistical deviations in alpha; Consistency % shows how often α has been positive over a chosen window.
• 🚦 Trend & Zero Gates: Optional filters that require assets to be above EMA (trend) and/or have α > 0 for confirmation.
• 🏆 Leaders Board Table: Displays α, Z, Rank, Consistency %, and Gate ✓/✗ for all assets in a clear visual layout.
• 🔔 Dynamic Alerts: Get notified whenever the top alpha leader changes on confirmed (non-repainting) data.
• 🎨 Visual Enhancements: Smooth α with an SMA or color bars by the current top-performing asset.
🧭 Typical Use Cases
• 🔄 Portfolio Rotation & Relative Strength: Identify which assets consistently outperform their benchmark to optimize capital allocation.
• 🧮 Alpha Persistence Analysis: Gauge whether a trend’s performance advantage is statistically sustainable.
• 🌐 Market Regime Insight: Observe how asset leadership rotates as benchmarks shift across market cycles.
⚙️ Inputs Overview
• 📝 Assets (1–4): Select up to four tickers for evaluation.
• 🧭 Benchmark Mode: Choose between static TOTALES or Dynamic auto-selection.
• 📏 Alpha Settings: Adjustable lookback, smoothing, and consistency windows.
• 🚦 Gates: Optional trend and alpha filters to refine results.
• 🖥️ Display: Enable/disable table and customize colors.
• 🔔 Alerts: Toggle notifications on leadership changes.
🔎 Formula Basis
Jensen’s Alpha (α) is estimated as:
α = E − β × E
where β = Cov(Ra, Rb) / Var(Rb), and Ra/Rb represent asset and benchmark returns, respectively.
A positive α indicates outperformance relative to the risk-adjusted benchmark expectation. ✅
⚠️ Disclaimer
This script is for educational and analytical purposes only.
It is NOT a signal. 🚫📉
It does not constitute financial advice, trading signals, or investment recommendations. 💬
The author is not responsible for any financial losses or trading decisions made based on this indicator. 🙏
Always perform your own analysis and use proper risk management. 🛡️
Risk ModuleThis indicator provides a visual reference for position sizing and approximate stop and target placement. It supports trade planning by calculating equalized risk per trade and maintaining consistent exposure across different markets.
For more information about the concept, see the post Position Sizing and Risk Management .
Fixed Fractional Risk
The indicator calculates the number of shares that can be traded to maintain consistent monetary risk. The formula is based on the distance between the current price and stop reference, adjusting position size proportionally. A closer stop results in a larger position size, while a wider stop results in a smaller one.
Position Size = (Account Size × Risk %) ÷ (Entry Price – Stop Price)
Stop and Target
Stop placement is derived from volatility using the Average True Range (ATR). The target is plotted as a multiple of the stop distance, defining the risk-to-reward relationship in R units.
Stop = Price ± ATR × Multiplier
Target = Price ± (R × Risk Distance)
Chart Elements
The stop and target levels are plotted above and below the current price, with the stop marked by a red dot and the target by a green dot. The information table displayed on the chart shows the number of shares to trade, stop level, and target level.
Setup and Configuration
This configuration only needs to be set once, but can be adjusted later if preferred.
1. Start by setting the account size and risk percentage per trade to define the monetary amount risked on each trade. These values form the basis for position size calculation.
2. Set the ATR multiplier to determine stop distance, common values range between 1 and 3 ATR. Lower values place stops closer to price, increasing sensitivity but risking short-term noise. Higher values widen the stop, which reduces noise impact but extends time in risk.
3. Set the R-multiple to determine target distance relative to the stop. A value of 1 represents a 1:1 risk-to-reward relationship. Lower values reduce potential reward but tend to increase win rate, whereas higher values increase potential reward but tend to reduce win rate. The selection depends on system characteristics and trade expectancy.
When the parameters are defined, the indicator displays the stop, target, and calculated position size on the chart. All that remains is to enter the trade with the number of shares shown in the table and place bracket orders at the plotted stop and target levels.
Settings Overview
Account Size / Risk %: Defines account capital and per-trade exposure.
ATR Multiplier: Adjusts stop distance relative to volatility.
R Multiple: Sets target distance relative to stop (risk-reward ratio).
Position: Choose Long or Short direction.
Table Position: Controls information table placement and scale.
SPY200SMA (+4%/-3%) TQQQ/QQQ STRATEGYSummary of the Improved Strategy: When the price of AMEX:SPY is +4% above the 200SMA BUY NASDAQ:TQQQ and when the price of SPY drops to -3% under the SPY 200SMA SELL everything and slowly DCA into NASDAQ:QQQ over the next 6-12 months or until price returns to +4% above the SPY 200SMA at which point you will go back into 100% TQQQ.
Note: (if the price of QQQ goes 30% above the 200SMA of QQQ deleverage to QQQ or Sell to protect yourself from dot com level event)
More info and stats -https://www.reddit.com/r/LETFs/comments/1nhye66/spy_200sma_43_tqqqqqq_long_term_investment/
MNQ TopStep 50K | Ultra Quality v3.0MNQ TopStep 50K | Ultra Quality v3.0 - Publish Summary
📊 Overview
A professional-grade trading indicator designed specifically for MNQ futures traders using TopStep funded accounts. Combines 7 technical confirmations with 5 advanced safety filters to deliver high-quality trade signals while managing drawdown risk.
🎯 Key Features
Core Signal System
7-Point Confirmation: VWAP, EMA crossovers, 15-min HTF trend, MACD, RSI, ADX, and Volume
Signal Grading: Each signal is rated A+ through D based on 7 quality factors
Quality Threshold: Adjustable minimum grade requirement (A+, A, B, C, D)
Advanced Safety Filters (Customizable)
Mean Reversion Filter - Prevents chasing extended moves beyond VWAP bands
ATR Spike Filter - Avoids trading during extreme volatility events
EMA Spacing Filter - Ensures proper trend separation (optional)
Momentum Filter - Requires consecutive directional bars (optional)
Multi-Timeframe Confirmation - Aligns with 15-min trend (optional)
TopStep Risk Management
Real-time drawdown tracking
Position sizing calculator based on remaining cushion
Daily loss limit monitoring
Consecutive loss protection
Max trades per day limiter
Visual Components
VWAP with 1σ, 2σ, 3σ bands
EMA 9/21 with cloud fill
15-min EMA 50 for HTF trend
Comprehensive metrics dashboard
Risk management panel
Filter status panel
Detailed trade labels with entry, stops, and targets
⚙️ Default Settings (Balanced for Regular Signals)
Technical Indicators
Fast EMA: 9 | Slow EMA: 21 | HTF EMA: 50 (15-min)
MACD: 10/22/9
RSI: 14 period | Thresholds: 52 (buy) / 48 (sell)
ADX: 14 period | Minimum: 20
ATR: 14 period | Stop: 2x | TP1: 2x | TP2: 3x
Volume: 1.2x average required
Session Settings
Default: 9:30 AM - 11:30 AM ET (adjustable)
Avoids first 15 minutes after market open
Customizable trading hours
Safety Filters (Default Configuration)
✅ Mean Reversion: Enabled (2.5σ max from VWAP)
✅ ATR Spike: Enabled (2.0x threshold)
❌ EMA Spacing: Disabled (can enable for quality)
❌ Momentum: Disabled (can enable for quality)
❌ MTF Confirmation: Disabled (can enable for quality)
Risk Controls
Minimum Signal Quality: C (adjustable to A+ for fewer/better signals)
Min Bars Between Signals: 10
Max Trades Per Day: 5
Stop After Consecutive Losses: 2
📈 Expected Performance
With Default Settings:
Signals per week: 10-15 trades
Estimated win rate: 55-60%
Risk-Reward: 1:2 (TP1) and 1:3 (TP2)
With Aggressive Settings (Min Quality = D, All Filters Off):
Signals per week: 20-25 trades
Estimated win rate: 50-55%
With Conservative Settings (Min Quality = A, All Filters On):
Signals per week: 3-5 trades
Estimated win rate: 65-70%
🚀 How to Use
Basic Setup:
Add indicator to MNQ 5-minute chart
Adjust TopStep account settings in inputs
Set your risk per trade percentage (default: 0.5%)
Configure trading session hours
Set minimum signal quality (Start with C for balanced results)
Signal Interpretation:
Green Triangle (BUY): Long signal - all confirmations aligned
Red Triangle (SELL): Short signal - all confirmations aligned
Label Details: Shows entry, stop loss, take profit levels, position size, and signal grade
Signal Grade: A+ = Elite (6-7 points) | A = Strong (5) | B = Good (4) | C = Fair (3)
Dashboard Monitoring:
Top Right: Technical metrics and market conditions
Top Left: Filter status (which filters are passing/blocking)
Bottom Right: TopStep risk metrics and position sizing
⚡ Customization Tips
For More Signals:
Lower "Minimum Signal Quality" to D
Decrease ADX threshold to 18-20
Lower RSI thresholds to 50/50
Reduce Volume multiplier to 1.1x
Disable additional filters
For Higher Quality (Fewer Signals):
Raise "Minimum Signal Quality" to A or A+
Increase ADX threshold to 25-30
Enable all 5 advanced filters
Tighten VWAP distance to 2.0σ
Increase momentum requirement to 3-4 bars
For TopStep Compliance:
Adjust "Max Total Drawdown" and "Daily Loss Limit" to match your account
Update "Already Used Drawdown" daily
Monitor the Risk Panel for cushion remaining
Use recommended contract sizing
🛡️ Risk Disclaimer
IMPORTANT: This indicator is for educational and informational purposes only.
Past performance does not guarantee future results
All trading involves substantial risk of loss
Use proper risk management and position sizing
Test thoroughly in paper trading before live use
The indicator does not guarantee profitable trades
Adjust settings based on your risk tolerance and trading style
Always comply with your broker's and TopStep's rules
Risk-Reward Position SizerRisk-Reward Position Sizer – Features Checklist
Purpose:
A visual calculator and position sizing tool for day traders, providing realistic risk, stop-loss, take-profit, and reward-to-risk information based on account size and position constraints.
Features:
Flexible Risk Settings
Set risk as a percentage of your account or a fixed dollar amount per trade.
Automatically calculates position size based on desired risk and stop distance.
Stop Loss Options
Stop distance can be defined as a percent of entry price or a fixed price.
Automatically adjusts stop distance when position is cash-limited to achieve your target risk.
Take Profit Options
TP can be defined as a fixed R multiple (e.g., 2R) or fixed absolute price.
Cash-Limited Position Handling
Optional “Cap Position to Account Size” prevents buying more shares than your cash allows.
Shows actual achievable risk if your cash limits position size.
Realistic Risk / Reward Calculations
Calculates Actual Risk $ based on position size and stop distance.
Calculates Projected Win $ based on take profit and position size.
Calculates Actual Reward-to-Risk (R:R) ratio using actual stop and TP.
Position Metrics
Estimated quantity of shares/contracts to buy.
Estimated position value.
Estimated leverage used relative to account size.
Top-Right Table Display
Clear, compact table showing:
Account size
Target risk $
Actual risk $
Stop distance
Quantity
Position value
Take profit and stop-loss prices
Projected win $ and %
Projected loss %
Actual R:R
Leverage
Trading Decision Aid
Gives traders a realistic snapshot of achievable risk and reward before entering a trade.
Helps avoid the common trap of setting tight stops that don’t actually match desired account risk.
Why It’s Useful:
This indicator turns abstract risk/reward concepts into concrete, actionable numbers, helping day traders size positions safely, plan stops and targets realistically, and maintain consistent risk management across trades.
21day Structure + 1xATR Extension LineThis is a 21-day structure script that is used by Alex Desjardins (Prime Trading) along with a 1xATR line to make sure entries aren't bought extended from this structure.
Market Regime IndexThe Market Regime Index is a top-down macro regime nowcasting tool that offers a consolidated view of the market’s risk appetite. It tracks 32 of the world’s most influential markets across asset classes to determine investor sentiment by applying trend-following signals to each independent asset. It features adjustable parameters and a built-in alert system that notifies investors when conditions transition between Risk-On and Risk-Off regimes. The selected markets are grouped into equities (7), fixed income (9), currencies (7), commodities (5), and derivatives (4):
Equities = S&P 500 E-mini Index Futures, Nasdaq-100 E-mini Index Futures, Russell 2000 E-mini Index Futures, STOXX Europe 600 Index Futures, Nikkei 225 Index Futures, MSCI Emerging Markets Index Futures, and S&P 500 High Beta (SPHB)/Low Beta (SPLV) Ratio.
Fixed Income = US 10Y Treasury Yield, US 2Y Treasury Yield, US 10Y-02Y Yield Spread, German 10Y Bund Yield, UK 10Y Gilt Yield, US 10Y Breakeven Inflation Rate, US 10Y TIPS Yield, US High Yield Option-Adjusted Spread, and US Corporate Option-Adjusted Spread.
Currencies = US Dollar Index (DXY), Australian Dollar/US Dollar, Euro/US Dollar, Chinese Yuan/US Dollar, Pound Sterling/US Dollar, Japanese Yen/US Dollar, and Bitcoin/US Dollar.
Commodities = ICE Brent Crude Oil Futures, COMEX Gold Futures, COMEX Silver Futures, COMEX Copper Futures, and S&P Goldman Sachs Commodity Index (GSCI) Futures.
Derivatives = CBOE S&P 500 Volatility Index (VIX), ICE US Bond Market Volatility Index (MOVE), CBOE 3M Implied Correlation Index, and CBOE VIX Volatility Index (VVIX)/VIX.
All assets are directionally aligned with their historical correlation to the S&P 500. Each asset contributes equally based on its individual bullish or bearish signal. The overall market regime is calculated as the difference between the number of Risk-On and Risk-Off signals divided by the total number of assets, displayed as the percentage of markets confirming each regime. Green indicates Risk-On and occurs when the number of Risk-On signals exceeds Risk-Off signals, while red indicates Risk-Off and occurs when the number of Risk-Off signals exceeds Risk-On signals.
Bullish Signal = (Fast MA – Slow MA) > (ATR × ATR Margin)
Bearish Signal = (Fast MA – Slow MA) < –(ATR × ATR Margin)
Market Regime = (Risk-On signals – Risk-Off signals) ÷ Total assets
This indicator is designed with flexibility in mind, allowing users to include or exclude individual assets that contribute to the market regime and adjust the input parameters used for trend signal detection. These parameters apply to each independent asset, and the overall regime signal is smoothed by the signal length to reduce noise and enhance reliability. Investors can position according to the prevailing market regime by selecting factors that have historically outperformed under each regime environment to minimise downside risk and maximise upside potential:
Risk-On Equity Factors = High Beta > Cyclicals > Low Volatility > Defensives.
Risk-Off Equity Factors = Defensives > Low Volatility > Cyclicals > High Beta.
Risk-On Fixed Income Factors = High Yield > Investment Grade > Treasuries.
Risk-Off Fixed Income Factors = Treasuries > Investment Grade > High Yield.
Risk-On Commodity Factors = Industrial Metals > Energy > Agriculture > Gold.
Risk-Off Commodity Factors = Gold > Agriculture > Energy > Industrial Metals.
Risk-On Currency Factors = Cryptocurrencies > Foreign Currencies > US Dollar.
Risk-Off Currency Factors = US Dollar > Foreign Currencies > Cryptocurrencies.
In summary, the Market Regime Index is a comprehensive macro risk-management tool that identifies the current market regime and helps investors align portfolio risk with the market’s underlying risk appetite. Its intuitive, color-coded design makes it an indispensable resource for investors seeking to navigate shifting market conditions and enhance risk-adjusted performance by selecting factors that have historically outperformed. While it has proven historically valuable, asset-specific characteristics and correlations evolve over time as market dynamics change.
Risk Recommender — (Heatmap)📊 Risk Recommender — Per-Trade & Annualized (Heatmap Columns)
Estimate the optimal risk percentage for any market regime.
This tool dynamically recommends how much of your account equity to risk — either per trade or at a portfolio (annualized) level — using volatility as the guide.
⚙️ How it works
Two distinct modes give you flexibility:
1️⃣ Per-Trade (ATR-based)
• Calculates the current Average True Range (ATR) compared to its long-term baseline.
• When volatility is high (ATR ↑), risk per trade decreases to maintain constant dollar risk.
• When volatility is low (ATR ↓), risk per trade increases within your defined floor and ceiling.
• The display is normalized by stop distance (× ATR) and smoothed to avoid noise.
2️⃣ Annualized (Volatility Targeting)
• Computes realized volatility (standard deviation of log returns) and an EWMA forecast of future volatility.
• Blends current and forecast volatilities to estimate “effective” volatility.
• Scales your base risk so that portfolio volatility converges toward your chosen annual target (e.g., 20%).
• Useful for portfolio-level or systematic strategies that maintain constant volatility exposure.
🎨 Heatmap Visualization
The vertical column graph acts like a thermometer:
• 🟥 Red → “Reduce risk” (volatility high).
• 🟩 Green → “Increase risk” (volatility low).
• Smoothed and bounded between your Floor and Ceiling risk levels.
• Optional dotted guides mark those bounds.
• Label shows the current mode, recommended risk %, and key metrics (ATR ratio or effective volatility).
🔧 Key Inputs
• Base max risk per trade (%) — your normal per-trade risk budget.
• ATR length / Baseline ATR length — control sensitivity to short- vs. long-term volatility.
• Target annualized volatility (%) — portfolio volatility target for quant mode.
• λ (lambda) — smoothing factor for the EWMA volatility forecast (0.90–0.99 typical).
• Floor & Ceiling — clamps the output to avoid extreme sizing.
• Smoothing & Hysteresis — prevent rapid changes in risk recommendations.
🧮 Interpreting the Output
• “Recommended Risk (%)” = suggested portion of equity to risk on the next trade (or current exposure).
• In Per-Trade mode: reflects current ATR ÷ baseline ATR .
• In Annualized mode: reflects target volatility ÷ effective volatility .
• Use the color and height of the column as a quick visual cue for aggressiveness.
💡 Typical Use Cases
• Position-sizing overlay for discretionary traders.
• Volatility-targeting component for algorithmic or multi-asset systems.
• Educational tool to understand how volatility governs prudent risk management.
📘 Notes
• This indicator provides risk suggestions only ; it does not place trades.
• Works on any symbol or timeframe.
• Combine with your own strategy or alerts for full automation.
• All calculations use built-in Pine functions; no proprietary logic.
Tags:
#RiskManagement #ATR #Volatility #Quant #PositionSizing #SystematicTrading #AlgorithmicTrading #Portfolio #TradingStrategy #Heatmap #EWMA #Risk
15-Min RSI Scalper [SwissAlgo]15-Min RSI Scalper
Tracks RSI Momentum Loss and Gain to Generate Signals
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WHAT THIS INDICATOR CALCULATES
This indicator attempts to identify RSI directional changes (RSI momentum) using a step-by-step "ladder" method. It reads RSI(14) from the next higher timeframe relative to your chart. On a 15-minute chart, it uses 1-hour RSI. On a 5-minute chart, it uses 15-minute RSI, and so on.
How the ladder logic works:
The indicator doesn't track RSI all the time. It only starts tracking when RSI crosses into potentially extreme territory (these are called "events" in the code):
For sell signals : when RSI crosses above a dynamic upper threshold (typically between 60-80, calculated as the 90th percentile of recent RSI)
For buy signals : when RSI crosses below a dynamic lower threshold (typically between 20-40, calculated as the 10th percentile of recent RSI)
Once tracking begins, RSI movement is divided into 2-point steps (boxes). The indicator counts how many boxes RSI climbs or falls.
A signal generates only when:
RSI reverses direction by at least 2 boxes (4 RSI points) from its extreme
RSI holds that reversal for 3 consecutive confirmed bars
Example: Dynamic threshold is at 68. RSI crosses above 68 → tracking starts. RSI climbs to 76 (4 boxes up). Then it drops back to 72 and stays below that level for 3 bars → sell signal prints. The buy signal works the same way in reverse.
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SIGNAL GENERATION METHODOLOGY
Sell Signal (Red Triangle)
RSI crosses above a dynamic start level (calculated as the 90th percentile of the last 1000 bars, constrained between 60-80)
Indicator tracks upward progression in 2-point boxes
RSI reverses and drops below a boundary 2 boxes below the highest box reached
RSI remains below that boundary for 3 confirmed bars
Red triangle plots above price
Reset condition: RSI returns below 50
Buy Signal (Green Triangle)
RSI crosses below a dynamic start level (10th percentile of last 1000 bars, constrained between 20-40)
Indicator tracks downward progression in 2-point boxes
RSI reverses and rises above a boundary 2 boxes above the lowest box reached
RSI remains above that boundary for 3 confirmed bars
Green triangle plots below price
Reset condition: RSI returns above 50
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TECHNICAL PARAMETERS
All parameters are hardcoded:
RSI Period: 14
Box Size: 2 RSI points
Reversal Threshold: 2 boxes (4 RSI points)
Confirmation Period: 3 bars
Reset Level: RSI 50
Sell Start Range: 60-80 (dynamic)
Buy Start Range: 20-40 (dynamic)
Lookback for Percentile: 1000 bars
Note: Since the code is open source, users can modify these hardcoded values directly in the script to adjust sensitivity. For example, increasing the confirmation period from 3 to 5 bars will produce fewer but more conservative signals. Decreasing the box size from 2 to 1 will make the indicator more responsive to smaller RSI movements.
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KEY FEATURES
Automatic Higher Timeframe RSI
When applied to a 15-minute chart, the indicator automatically reads 1-hour RSI data. This is the next standard timeframe above 15 minutes in the indicator's logic.
Dynamic Adaptive Start Levels
Sell signals use the 90th percentile of RSI over the last 1000 bars, constrained between 60-80. Buy signals use the 10th percentile, constrained between 20-40. These thresholds recalculate on each bar based on recent data.
Ladder Box System
RSI movements are tracked in 2-point boxes. The indicator requires a 2-box reversal followed by 3 consecutive bars maintaining that reversal before generating a signal.
Dual Signal Output
Red down-triangles plot above price when the sell signal conditions are met. Green up-triangles plot below the price when buy signal conditions are met.
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REPAINTING
This indicator does not repaint. All calculations use "barstate.isconfirmed" to ensure signals appear only on closed bars. The request.security() call uses lookahead=barmerge.lookahead_off to prevent forward-looking bias.
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INTENDED CHART TIMEFRAME
This indicator is designed for use on 15-minute charts. The visual reminder table at the top of the chart indicates this requirement.
On a 15-minute chart:
RSI data comes from the 1-hour timeframe
Signals reflect 1-hour momentum shifts
3-bar confirmation equals 45 minutes of price action
Using it on other timeframes will change the higher timeframe RSI source and may produce different behavior.
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WHAT THIS INDICATOR DOES NOT DO
Does not predict future price movements
Does not provide entry or exit advice
Does not guarantee profitable trades
Does not replace comprehensive technical analysis
Does not account for fundamental factors, news events, or market structure
Does not adapt to all market conditions equally
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EDUCATIONAL USE
This indicator demonstrates one approach to momentum reversal detection using:
Multi-timeframe analysis
Adaptive thresholds via percentile calculation
Step-wise momentum tracking
Multi-bar confirmation logic
It is designed as a technical study, not a trading system. Signals represent calculated conditions based on RSI behavior, not trade recommendations. Always do your own analysis before taking market positions.
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RISK DISCLOSURE
Trading involves substantial risk of loss. This indicator:
Is for educational and informational purposes only
Does not constitute financial, investment, or trading advice
Should not be used as the sole basis for trading decisions
Has not been tested across all market conditions
May produce false signals, late signals, or no signals in certain conditions
Past performance of any indicator does not predict future results. Users must conduct their own analysis and risk assessment before making trading decisions. Always use proper risk management, including stop losses and position sizing appropriate to your account and risk tolerance.
MIT LICENSE
This code is open source and provided as-is without warranties of any kind. You may use, modify, and distribute it freely under the MIT License.
Ajay R5.41🔻 Ajay Gold 3H Power Indicator 🔻
Precision-Based Smart Sell System for Gold (XAU/USD)
💡 Overview
This indicator is specifically designed for Gold (XAU/USD) and delivers best results on the 3-Hour Timeframe (3H TF).
It is a Smart Money Logic-based Sell Confirmation System, combining institutional structure and candle behavior to generate highly accurate bearish signals.
⚙️ Technical Foundation
The indicator uses multiple advanced confirmations:
📉 EMA Trend Filter → Confirms downtrend
💪 RSI Overbought Rejection → Momentum reversal signal
📊 MACD Bearish Cross → Confirms trend strength
🕯️ Bearish Candle Structure → Price action validation
When all conditions align, a clear 🔻 Sell Signal is plotted on the chart.
💎 Hidden Feature
This indicator includes a hidden feature that activates only when the correct market structure forms.
It helps reduce false signals and increases accuracy without being visible on the chart — fully automated internal logic.
📆 Recommended Settings
Symbol: XAU/USD (Gold)
Timeframe: 3-Hour (3H)
Market: Forex / Commodity
Mode: Sell-Only Confirmation Indicator
Performance: Best precision and consistency on 3H TF
📈 How to Use
Select XAU/USD on chart and set 3H timeframe.
Add the indicator to the chart.
Wait for the 🔻 Sell Signal and confirm the market structure after candle close.
Take entry according to your risk management.
⚠️ Disclaimer
This indicator is for educational and analytical purposes only.
No system is 100% accurate — always backtest and demo trade before using in real trading.
💬 Credits
Developed by Ajay Sahu (India)
Based on Institutional & Smart Money Logic
Best results on 3H TF
Hidden Algorithm for XAU/USD traders
PnL PortfolioThis indicator provides a comprehensive, real-time overview of your open trading portfolio directly on the chart. It allows you to track up to 20 different trading pairs simultaneously.
For each asset, simply input the Pair Symbol, Average Entry Price, and Position Quantity. The script securely fetches the current market price and dynamically calculates and displays a customizable table showing:
Real-Time Profit/Loss ($)
Percentage PnL (%)
Entry Price and Position Quantity
The table uses color coding to clearly highlight profitable (green) or losing (red) positions, and its location on the chart (top/bottom, left/right) is fully adjustable.
PnL TrackerThis script allows you to manually input the details for up to 64 unique positions in the settings, each requiring a Symbol, Average Cost, and Quantity (Qty).
Key Features:
Average Cost Line: Plots a horizontal line on the chart corresponding to your recorded Average Cost for the security currently being viewed.
Real-Time PnL Label: A dynamic label attached to the Average Cost line provides an instant summary of your PnL in both percentage and currency for the last visible bar.
Detailed PnL Box: Displays a consolidated, easy-to-read table in the bottom-right corner of the chart, clearly showing:
The Symbol and Quantity of your position.
Your Average Cost.
The current PnL in percentage (%) and base currency (e.g., USD, EUR).
Visibility Controls: Toggles in the settings allow you to show or hide the Average Cost line and the PnL summary box independently.
This tool is perfect for actively managing and visualizing your multi-asset portfolio positions without leaving your main trading chart. Simply enter your positions in the indicator's settings, and the script will automatically track the PnL for the symbol matching the current chart.
