Weis Wave ChartThis indicator is based on the Weis Wave described by David H. Weis in his book Trades About to Happen: A Modern Adaptation of the Wyckoff Method, more info how to use this indicator can be found in this video . The Weis Wave is an adaptation of Richard D. Wyckoff’s method Wave Charts. It works in all time periods and can be applied to all asset types.
Unlike other implementations I found here on TradingView, this implementation make use of a Renko-like zig zag pattern, very similar to how it is described in David H. Weis' book. The settings for the zig zag pattern are very similar to the standard Renko settings here on TradingView, in the "Renko Assignment Method" you either chose "ATR" or "Traditional" (read more about it here ). The ATR length or the brick size is then entered in the textbox "Value". You can also chose another setting in the "Renko Assignment Method" drop down named "Part of Price" which calculate the brick size from the current close and divide it by the value in the text box "Value". It is also possible to chose if the zig zag pattern shall use the high/low, the open/close or just the close as the most extreme values in its calculation, you select this in the drop down "Price Source".
TradingView's pine script does currently not support to print non-static text on the chart, so it is not possible at this point to write out the volume on the zig zag chart. It is also not possible to have both an overlay and separate chart pane in the same indicator, therefor this indicator is split up in two.
You can find the volume indicator here:
"text"に関するスクリプトを検索
Weis Wave VolumeThis indicator is based on the Weis Wave described by David H. Weis in his book Trades About to Happen: A Modern Adaptation of the Wyckoff Method, more info how to use this indicator can also be found in this video . The Weis Wave is an adaptation of Richard D. Wyckoff’s method Wave Charts. It works in all time periods and can be applied to all asset types. For assets that do not support volume Weis propose in his book to use the true range instead, so if you want to use this indicator for assets that do not support volume, make sure to enable the checkbox "Use True Range instead of Volume".
Unlike other implementations I found here on Trading, this implementation make use of a Renko-like zig zag pattern, very similar to how it is described in David H. Weis' book. The settings for the zig zag pattern are very similar to the standard Renko settings here on TradingView, in the "Renko Assignment Method" you either chose "ATR" or "Traditional" (read more about it here ). The ATR length or the brick size is then entered in the textbox "Value". You can also chose another setting in the "Renko Assignment Method" drop down named "Part of Price" which calculate the brick size from the current close and divide it by the value in the text box "Value". It is also possible to chose if the zig zag pattern shall use the high/low, the open/close or just the close as the most extreme values in its calculation, you select this in the drop down "Price Source". If you want the price to oscillate around a zero value, enable the "Oscillating" checkbox.
TradingView's pine script does currently not support to print non-static text on the chart, so it is not possible at this point to write out the volume on the zig zag chart. It is also not possible to have both an overlay and separate chart pane in the same indicator, therefor this indicator is split up in two.
You can find the zig zag indicator here:
Bollinger Bands NEW
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Vdub Binary Options SniperVX v1 by vdubus on TradingView.com
Bitcoin vs M2 Global Liquidity (Lead 3M) - Table Ticker═══════════════════════════════════════════════════════════════
Bitcoin vs M2 Global Liquidity - Regression Indicator
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TECHNICAL SPECS
• Pine Script v6
• Overlay: false (separate pane)
• Data sources: 5 M2 series + 4 FX pairs (request.security)
• Calculation: Rolling OLS linear regression with configurable lead
• Output: Regression line + ±1σ/±2σ confidence bands + R² ticker
CORE FUNCTIONALITY
Aggregates M2 money supply from 5 central banks (CN, US, EU, JP, GB),
converts to USD, applies time-lead, runs rolling linear regression
vs Bitcoin price, plots predicted value with confidence intervals.
CONFIGURABLE PARAMETERS
Input Controls:
• Lead Period: 0-365 days (default: 90)
• Lookback Window: 50-2000 bars (default: 750)
• Bands: Toggle ±1σ and ±2σ visibility
• Colors: BTC, M2, regression line, confidence zones
• Ticker: Position, size, colors, transparency
Advanced Settings:
• Table display: R², lead, M2 total, country breakdown (%)
• Ticker customization: 9 position options, 6 text sizes
• Border: Width 0-10px, color, outline-only mode
DATA AGGREGATION
Sources (via request.security):
• ECONOMICS:CNM2, USM2, EUM2, JPM2, GBM2
• FX_IDC:CNYUSD, JPYUSD (others: FX:EURUSD, GBPUSD)
• Conversion: All M2 → USD → Sum / 1e12 (trillions)
REGRESSION ENGINE
• Arrays: m2Array, btcArray (dynamic sizing, auto-trim)
• Window: Rolling (lookbackPeriod bars)
• Lead: Time-shift via array indexing (i + leadPeriodDays)
• Calc: Manual OLS (covariance/variance), no built-in ta functions
• Outputs: slope, intercept, r2, stdResiduals
CONFIDENCE BANDS
±1σ and ±2σ calculated from standard deviation of residuals.
Fill zones between upper/lower bounds with configurable transparency.
ALERTS
5 pre-configured alertcondition():
• Divergence > 15%
• Price crosses ±1σ bands (up/down)
• Price crosses ±2σ bands (up/down)
TICKER TABLE
Dynamic table.new() with 9 rows:
• R² value (4 decimals)
• Lead period (days + months)
• M2 Global total (trillions USD)
• Country breakdown: CN, US, EU, JP, GB (absolute + %)
• Optional: Hide/show M2 details
VISUAL CUSTOMIZATION
All plot() elements support:
• Color picker inputs (group="Couleurs")
• Line width: 1-3px
• Transparency: 0-100% for zones
• Offset: M2 plot has +leadPeriodDays offset option
PERFORMANCE
• Max arrays size: lookbackPeriod + leadPeriodDays + 200
• Calculations: Only when array.size >= lookbackPeriod + leadPeriodDays
• Table update: barstate.islast (once per bar)
• Request.security: gaps_off mode
CODE STRUCTURE
1. Inputs (lines 7-54)
2. Data fetch (lines 56-76)
3. M2 aggregation (line 78)
4. Array management (lines 84-95)
5. Regression calc (lines 97-172)
6. Prediction + bands (lines 174-183)
7. Plots (lines 185-199)
8. Ticker table (lines 201-236)
9. Alerts (lines 238-246)
DEPENDENCIES
None. Pure Pine Script v6. No external libraries.
LIMITATIONS
• Daily timeframe recommended (1D)
• Requires 750+ bars history for optimal calculation
• M2 data availability: TradingView ECONOMICS feed
• Max lines: 500 (declared in indicator())
CUSTOMIZATION EXAMPLES
• Shorter lookback (200d): More reactive, lower R²
• Longer lookback (1500d): More stable, regime mixing
• No bands: Set showBands=false for clean view
• Different lead: Test 60d, 120d for sensitivity analysis
TECHNICAL NOTES
• Manual OLS implementation (no ta.linreg)
• Array-based lead application (not plot offset)
• M2 values stored in trillions (/ 1e12) for readability
• Residuals array cleared/rebuilt each calculation
OPEN SOURCE
Code fully visible. Modify, fork, analyze freely.
No hidden calculations. No proprietary data.
VERSION
1.0 | November 2025 | Pine Script v6
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Volumen-EMA SignalgeberEin kleines Skript, welches auf Wunsch einen Alarm auslöst und zwar für die erste und zweite Volumenkerze nach über beziehungsweise unterscheiden des EMA 20
📈 Pine Script Indicator Description: Volume-EMA Signal Counter
This Pine Script V6 indicator, named "Volumen-EMA Signal Zähler (Keine Zeit)" (Volume-EMA Signal Counter - No Time), is designed to identify high-probability short-term trade signals based on volume confirmation immediately following a crossover of the Exponential Moving Average (EMA).
The script filters signals to show only the first or second valid candlestick after an EMA cross, aiming to capture the initial move supported by strong volume.
1. Key Components and Inputs
The indicator uses three main inputs which can be adjusted by the user:
EMA Length (Standard: 20): Defines the length of the EMA used as the primary trend filter and price anchor.
Volume Factor (Standard: 1.25): The volume threshold. A candle is considered a "Volume Candle" if its volume is 125% (1.25 times) the average volume of the last 20 candles.
Volume Average Length (Standard: 20): Defines the period used to calculate the average volume (volAvg).
2. Core Signal Logic
The logic is built around two main conditions: the EMA Cross and the Signal Counter.
A. EMA Cross and Signal Definition
EMA Cross Detection: The script uses ta.crossover and ta.crossunder to detect when the closing price crosses above (emaCrossUp) or below (emaCrossDown) the EMA 20.
Candle Qualification: A signal is only valid if the candle is a "Freestanding Volume Candle":
Short Signal: A green candle (close > open) whose high is below the EMA 20, AND its volume meets the threshold.
Long Signal: A red candle (close < open) whose low is above the EMA 20, AND its volume meets the threshold.
B. The Signal Counter (signalCountSinceCross)
This is the core filtering mechanism:
Reset: If an EMA cross (up or down) occurs, the counter (signalCountSinceCross) is reset to 0.
Increment: If a valid fresh Short or Long signal (as defined above) occurs, the counter is incremented by 1.
Filter: The final signals (finalShortSignal and finalLongSignal) are only generated if the counter is 1 or 2.
This logic ensures that the trader only sees the first two momentum-driven candles after the price has separated from the EMA.
3. Visualisation and Alerting
Visuals (label.new): Since the displayed text is dynamic (it includes the counter number), the script uses label.new instead of plotshape to place labels (e.g., "SHORT #1", "LONG #2") on the chart at the candle's low/high.
Alerts (alertcondition & alert):
alertcondition: This makes the signal visible in the TradingView Alerts creation menu, allowing the user to select the criterion "Volumen-EMA Frische Signale".
alert: Two separate alert functions are used to generate the dynamic, specific notification messages (e.g., "SHORT Signal #2 on EURUSD.") when the signal condition is met. The user must select "All alert() function calls" in the TV alert settings to receive these messages.
Forever ModelForever Model is a comprehensive trading framework that visualizes market structure through Fair Value Gaps (FVGs), Smart Money Technique (SMT) divergences, and order block confirmations. The indicator identifies potential price rotations by tracking internal liquidity zones, correlation breaks between assets, and confirmation signals across multiple timeframes.
Designed for clarity and repeatability, the model presents a structured visual logic that supports manual analysis while maintaining flexibility across different assets and timeframes. All components are non-repainting, ensuring historical accuracy and reliable backtesting.
Description
The model operates through a three-part sequence that forms the visual foundation for identifying potential market rotations:
Fair Value Gaps (FVGs)
FVGs are price imbalances detected on higher timeframes—areas where price moved rapidly between candles, leaving an inefficiency that may be revisited. The indicator identifies both bullish and bearish FVGs, displaying them with color-coded levels that extend until mitigated.
: Chart showing FVG detection with colored lines indicating bullish (green) and bearish (red) gaps
Smart Money Technique (SMT)
SMT detects divergence between the current chart asset and a correlated pair. When one asset makes a higher high while the other forms a lower high (or vice versa), it indicates a potential shift in delivery. The indicator draws visual lines connecting these divergence points and can filter SMTs to only display those occurring within FVG ranges.
: Chart showing SMT divergence lines between two correlated assets with labels indicating the pair name]
Order Block Confirmations (OB)
When price confirms a signal by crossing a pivot level, an Order Block is created. The confirmation line extends from the pivot point, labeled as "OB+" for bullish signals or "OB-" for bearish signals. The latest OB extends to the current bar, while previous OBs remain fixed at their confirmation points.
: Chart showing OB confirmation lines with OB+ and OB- labels at confirmation points]
Key Features
Higher Timeframe (HTF) Detection
FVGs are detected on a higher timeframe than the current chart, with automatic HTF selection based on the current timeframe or manual override options. This ensures that internal liquidity zones are identified from the appropriate structural context.
External Range Liquidity (ERL)
Tracks the latest higher timeframe pivot highs and lows, marking external liquidity levels that may be revisited. ERL levels are displayed as horizontal lines with optional labels, providing context for potential continuation targets.
: Chart showing ERL lines at recent HTF pivot points
Signal Creation and Confirmation System
The model creates pending signals when FVG levels are mitigated. Signals confirm when price closes beyond a pivot level, creating the OB confirmation line. Stop levels are automatically calculated from the maximum (bearish) or minimum (bullish) price between signal creation and confirmation.
SMT Filtering Options
Display all SMTs or only those within FVG ranges
Require SMT for signal confirmation (optional filter)
Automatic or manual SMT pair selection
Support for both correlated and inverse correlated pairs
Directional Bias Filter
Filter FVG detection to show only bullish bias, bearish bias, or both. This allows analysts to align with higher timeframe structure or focus on unidirectional setups.
Confirmation Line Management
Toggle to extend only the latest confirmation line or all confirmation lines
Transparent label backgrounds with colored text (red for bearish, green for bullish)
Automatic cleanup of old confirmation lines (keeps last 50)
Labels positioned at line end (latest) or middle (older lines)
Position Sizing Calculator
Optional position sizing based on account balance, risk percentage or fixed amount, and instrument-specific contract sizes. Supports prop firm calculations and can display position size, entry, and stop levels in the dashboard.
Information Dashboard
A customizable floating table displays:
Current timeframe and HTF
Remaining time in current bar
Current bias direction
Latest confirmed signal details (type, size, entry, stop)
Pending signal status
The dashboard can be repositioned, resized, and styled to match your preferences.
Special Range Creation
When signals confirm, the model can automatically create special range levels from stop prices. These levels persist on the chart as important reference points, even after mitigation, serving as potential reversal zones for future signals.
Label and Visualization Controls
Toggle FVG labels on/off
Toggle confirmation lines on/off
Customizable colors for bullish and bearish FVGs
ERL color customization
SMT line width adjustment
Order Flow Integration (Optional)
The indicator includes optional Open Interest (OI) based special range detection, allowing integration with order flow analysis for enhanced context.
Technical Notes
All components are non-repainting—once formed, they remain on the chart
FVGs cannot be mitigated on their creation bar
Signal-based special ranges persist even after mitigation (important stop levels)
SMT detection supports both HTF and chart timeframe modes
Maximum 50 confirmation lines are maintained for performance
The model is designed to work across all asset classes and timeframes, providing a consistent framework for identifying potential market rotations through the interaction of internal liquidity, correlation breaks, and confirmation signals, this does not constitute as trading advice, past performance is no indication of future performance , this is entirely done for entertainment and educational purposes
OSOM TrendHow to Use the OSOM Breakers Indicator
The OSOM Breakers indicator is a customizable overlay tool for TradingView (Pine Script v5) that identifies market structure patterns, breakouts, breakers (order blocks), and price targets based on pivots, higher highs/lows (HH/LL), and breaks of structure (BoS/MSB). It helps visualize bullish/bearish trends, potential reversals, and target levels, with a focus on institutional "order blocks" (OB) for support/resistance. The indicator supports alerts indirectly through plotted events and is optimized for volatile markets like forex, crypto, or indices.
1. Adding the Indicator to Your Chart
Open TradingView (tradingview.com) and load a chart for your desired asset.
Click the "Indicators" button at the top.
Search for "OSOM Breakers" (if community-shared) or add via Pine Editor:
Open the Pine Editor tab at the bottom.
Paste the provided code (from //@version=5 to the end).
Click "Save" and name it (e.g., "OSOM Breakers").
Click "Add to Chart".
The indicator overlays on your chart with defaults like dashed zigzag lines, HH/LL labels, and green/red colors for bull/bear elements.
2. Configuring Inputs
Click the gear icon next to the indicator name in the legend to access settings.
Inputs are grouped:
Nephew_Sam Market Structure Settings: Pivot strength (default 5; higher for smoother, lower for sensitivity). Toggles for zigzag lines, BoS lines, HH/LL labels, and pattern matches.
Nephew_Sam Bull/Bear Patterns: Pre-defined sequences (e.g., "LL,LH,LL,HH,HL" for bull patterns) with text labels (e.g., "BOS HL 1") and toggles. Customize up to 7 per direction for specific setups like BOS (break of structure) or MSS (market structure shift).
Nephew_Sam Styles: Colors for HH/LL (green up, red down), labels, zigzag style (dashed/dotted), and width (1-4).
Market Structure Break Targets Settings: Max duration (250 bars), calculation method (Percent or ATR), ATR multiplier (2.0). Enable/disable bull/bear MSB/BoS, set colors (green/red), and % targets (100% default).
Breakers Settings: Max breaks (1; increase for stricter breaker confirmation), max duration (1000 bars). Colors for bullish MS (green), bull breaker (red), bearish MS (red), bear breaker (green).
Defaults suit 15m-1h charts; reduce pivot strength for scalping (1m-5m) or increase for daily+. Test patterns on historical data to match your strategy.
3. Interpreting the Visuals and Signals
Zigzag and HH/LL Labels:
Dashed/dotted lines connect pivots; green for upswings, red for downswings (if enabled).
Labels like "HH" (higher high), "LH" (lower high), "LL" (lower low), "HL" (higher low) appear at pivots. Green for bullish, red for bearish.
Pattern Matches:
Labels (e.g., "BOS HL 1") at pivots when sequences match user-defined bull/bear conditions. Up arrows for bull, down for bear.
Use for spotting reversals or continuations (e.g., bull pattern after downtrend signals potential long).
Market Structure Breaks (MSB/BoS):
Solid lines: Green for bullish MSB/BoS (break above prior high), red for bearish (break below prior low).
Labels: "MSB" or "MSS" (shift) at breaks, "BoS" for breaks of structure.
Boxes: Translucent green/red "OB" (order block) boxes highlight ranges before breaks – potential support (post-bull break) or resistance (post-bear).
Targets:
Dotted horizontal/vertical lines extend from breaks to projected targets (percent of range or ATR-based).
Active until hit or expired (after max duration). Green for bull targets (above), red for bear (below).
Breakers:
Dotted lines: Recent MSB/BoS levels that act as breakers (e.g., red dotted for bull breaker).
Plotted shapes: "▲" (green below bar) for bull MSB breakout, "▼" (red above) for bear.
Candle borders: Green for support events (price tests breaker from above), red for resistance (from below).
Overall Direction: Tracks bullish (1) or bearish (-1) based on recent breaks; use for trend bias.
4. Trading Strategies
Breakout Trading: Enter long on green "▲" (bull breakout) above MSB/BoS lines; short on red "▼" below. Target dotted lines (e.g., 100% of prior range).
Order Block (OB) Plays: Buy at green OB boxes (support after bull break), sell at red (resistance after bear). Confirm with support/resistance events.
Pattern-Based Reversals: Long on bull patterns (e.g., "BOS HL") after bearish structure; short on bear patterns. Filter with HH/LL (e.g., HH after LL signals uptrend).
Trend Continuation: In bullish direction, stack longs on BoS breaks; use breakers as trailing stops.
Risk Management: Stops below recent LL (longs) or above HH (shorts). Position size based on ATR (from targets). Avoid choppy markets by disabling patterns.
Timeframes: Scalping (1m-15m with low pivot strength), swing (1h-4h), position (daily with higher strength). Combine with volume indicators for confirmation.
5. Alerts and Automation
No built-in alertcondition(); set manual alerts in TradingView:
Right-click chart > Add Alert > Condition (e.g., "OSOM Breakers - Bull MSB Breakout" crosses 1 for "▲").
Or alert on close crossing MSB/BoS lines (use indicator plots as conditions).
For strategies: Convert to a strategy script by adding strategy() entries/exits based on breaks/patterns.
6. Tips and Best Practices
Asset Suitability: Ideal for trending markets (e.g., BTC/USD, EUR/USD). Less effective in ranging; toggle off zigzag/boxes to reduce clutter.
Performance: Limits (500 lines/boxes/labels) prevent overload; delete oldest automatically. Backtest on replay mode.
Customization: Add custom patterns (e.g., for ICT/SMC concepts like fair value gaps). Match colors to your theme.
Limitations: Relies on pivots – false signals in low-volatility; no volume integration (pair with another indicator). Targets are projections, not guarantees.
Enhancements: Combine with OSOM Trend for volume confirmation. Practice on demo charts.
This indicator provides a structured view of price action, emphasizing breaks and targets for systematic trading. Always validate with multiple timeframes and risk controls.
Sector Performance (2x12 Grid, labeled)Sector Performance Dashboard that tracks short-term and multi-interval returns for 24 major U.S. market ETFs. It renders a clean, color-coded performance grid directly on the chart, making sector rotation and broad-market strength/weakness easy to read at a glance.
The dashboard covers t wo full rows of liquid U.S. sector and thematic ETFs, including:
Row 1 (Core Market + GICS sectors)
SPY, QQQ, IWM, XLF, XLE, XLRE, XLY, XLU, XLP, XLI, XLV, XLB
Row 2 (Extended industries / themes)
XLF, XBI, XHB, CLOU, XOP, IGV, XME, SOXX, DIA, KRE, XLK, VIX (VX1!)
Key features include:
Time-interval selector (1–60 min, 1D, 1W, 1M, 3M, 12M)
Automatic rate-of-return calculation with inside/outside-bar detection
Two-row, twelve-column grid with dynamic layout anchoring (top/middle/bottom + left/center/right)
Uniform white text for clarity, while inside/outside candles retain custom colors
Adaptive transparency rules (heavy/avg/light) based on magnitude of % change
Ticker label normalization (cleans up prefixes like “CBOE_DLY:”)
Forex Session TrackerForex Session Tracker - Professional Trading Session Indicator
The Forex Session Tracker is a comprehensive and visually intuitive indicator designed specifically for forex traders who need precise tracking of major global trading sessions. This powerful tool helps traders identify active market sessions, monitor session-specific price ranges, and capitalize on volatility patterns unique to each trading period.
Understanding when major financial centers are active is crucial for forex trading success. This indicator provides real-time visualization of the Tokyo, London, New York, and Sydney trading sessions, allowing traders to align their strategies with peak liquidity periods and avoid low-volatility trading windows.
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Key Features
📊 Four Major Global Trading Sessions
The indicator tracks all four primary forex trading sessions with precision:
- Tokyo Session (Asian Market) - Captures the Asian trading hours, ideal for JPY, AUD, and NZD pairs
- London Session (European Market) - Monitors the most liquid trading period, perfect for EUR, GBP pairs
- New York Session (American Market) - Tracks US market hours, essential for USD-based currency pairs
- Sydney Session (Pacific Market) - Identifies the opening of the trading week and AUD/NZD activity
Each session is fully customizable with individual color schemes, making it easy to distinguish between different market periods at a glance.
🎯 Session Range Visualization
For each active trading session, the indicator automatically:
- Draws rectangular boxes that highlight the session's time period
- Tracks and displays session HIGH and LOW price levels in real-time
- Creates horizontal lines at session extremes for easy reference
- Positions session labels at the center of each trading period
- Updates dynamically as new highs or lows are formed within the session
This visual approach helps traders quickly identify:
- Session breakout opportunities
- Support and resistance zones formed during specific sessions
- Range-bound vs. trending session behavior
- Key price levels that institutional traders are watching
📱 Live Information Dashboard
A sleek, professional information panel displays:
- Real-time session status - Instantly see which sessions are currently active
- Color-coded indicators - Green dots for active sessions, gray for closed sessions
- Timezone information - Confirms your current timezone settings
- Customizable positioning - Place the dashboard anywhere on your chart (Top Left, Top Right, Bottom Left, Bottom Right)
- Adjustable size - Choose from Tiny, Small, Normal, or Large text sizes for optimal visibility
The dashboard provides at-a-glance awareness of market conditions without cluttering your chart analysis.
⚙️ Extensive Customization Options
Every aspect of the indicator can be tailored to your trading preferences:
Session-Specific Controls:
- Enable/disable individual sessions
- Customize colors for each trading period
- Adjust session times to match your broker's server time
- Toggle background highlighting on/off
- Show/hide session high/low lines independently
General Settings:
- UTC Offset Control - Adjust timezone from UTC-12 to UTC+14
- Exchange Timezone Option - Automatically use your chart's exchange timezone
- Background Transparency - Fine-tune the opacity of session highlighting (0-100%)
- Session Labels - Show or hide session name labels
- Information Panel - Toggle the live status dashboard on/off
Style Settings:
- Turn session backgrounds ON/OFF directly from the Style tab
- Maintain clean charts while keeping all analytical features active
🔔 Built-in Alert System
Stay informed about session openings with customizable alerts:
- Tokyo Session Started
- London Session Started
- New York Session Started
- Sydney Session Started
Set up notifications to never miss important market opening periods, even when you're away from your charts.
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How to Use This Indicator
For Day Traders:
1. Identify High-Volatility Periods - Focus your trading during London and New York session overlaps for maximum liquidity
2. Monitor Session Breakouts - Watch for price breaks above/below session highs and lows
3. Avoid Low-Volume Periods - Recognize when major sessions are closed to avoid false signals
For Swing Traders:
1. Mark Key Levels - Use session highs and lows as support/resistance zones
2. Track Multi-Session Patterns - Observe how price behaves across different trading sessions
3. Plan Entry/Exit Points - Time your trades around session openings for better execution
For Currency-Specific Traders:
1. JPY Pairs - Focus on Tokyo session movements
2. EUR/GBP Pairs - Monitor London session activity
3. USD Pairs - Track New York session volatility
4. AUD/NZD Pairs - Watch Sydney and Tokyo sessions
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Technical Specifications
- Pine Script Version: 5
- Overlay Indicator: Yes (displays directly on price chart)
- Maximum Bars Back: 500
- Drawing Objects: Up to 500 lines, boxes, and labels
- Performance: Optimized for real-time data processing
- Compatibility: Works on all timeframes (recommended: 5m to 1H for session tracking)
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Installation & Setup
1. Add to Chart - Click "Add to Chart" after copying the script to Pine Editor
2. Configure Timezone - Set your UTC offset or enable "Use Exchange Timezone"
3. Customize Colors - Choose your preferred color scheme for each session
4. Adjust Display - Enable/disable features based on your trading style
5. Set Alerts - Create alert notifications for session starts
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Best Practices
✅ Combine with Price Action - Use session ranges alongside candlestick patterns for confirmation
✅ Watch Session Overlaps - The London-New York overlap (1300-1600 UTC) typically shows highest volatility
✅ Respect Session Highs/Lows - These levels often act as intraday support and resistance
✅ Adjust for Your Broker - Verify session times match your broker's server clock
✅ Use Multiple Timeframes - View sessions on both lower (15m) and higher (1H) timeframes for context
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Why Choose Forex Session Tracker Pro?
✨ Professional Grade Tool - Built with clean, efficient code following TradingView best practices
✨ Beginner Friendly - Intuitive design with clear visual cues
✨ Highly Customizable - Adapt every feature to match your trading style
✨ Performance Optimized - Lightweight code that won't slow down your charts
✨ Actively Maintained - Regular updates and improvements
✨ No Repainting - All visual elements are fixed once the session completes
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Support & Updates
This indicator is designed to provide reliable, accurate session tracking for forex traders of all experience levels. Whether you're a scalper looking for high-volatility windows or a position trader marking key institutional levels, the Forex Session Tracker Pro delivers the insights you need to make informed trading decisions.
Happy Trading! 📈
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Disclaimer
This indicator is a tool for technical analysis and should be used as part of a comprehensive trading strategy. Past performance does not guarantee future results. Always practice proper risk management and never risk more than you can afford to lose. Trading forex carries a high level of risk and may not be suitable for all investors.
H1 Z-score + DevVWAP (swing filters)H1 Z-Score + DevVWAP (Swing Filters) — TradingView Indicator
Purpose
A lightweight filter to confirm or fade swing setups (1–5 days) using intermarket context. It measures how unusual the last 1-hour move is (Z-score) and how far price is from session VWAP (DevVWAP). Designed for risk-off proxies (DXY, ZN, VIX/VX) but works on any symbol.
What it shows
H1 Z-Score line
𝑍
=
1h return
𝜎
1h, rolling
Z=
σ
1h, rolling
1h return
using H1 data pulled via request.security.
Guide levels: ±1 (strong), ±1.5 (very strong), ±2 (extreme).
DevVWAP line (optional)
DevVWAP
=
Close
−
VWAP
VWAP
DevVWAP=
VWAP
Close−VWAP
from the current session.
Text panel / status (optional)
Human-readable hint: “PRO long equity”, “CONTRO long equity”, or “Mixed”, depending on Z and the asset’s role.
Inputs
Sessions lookback (default 20): how many sessions to estimate the 1h volatility baseline.
Hours per session (default 23): adjust for Globex vs cash hours.
Show DevVWAP (on/off).
Asset role = Risk-OFF? (true for DXY/ZN/VIX; false for equity indices/ETFs or risk-on FX/crypto).
How to read it (equity swing context)
For Risk-OFF assets (DXY, ZN, VIX/VX):
Z ≤ −1 (down move stronger than usual) and/or DevVWAP < 0 → PRO long equity (risk-on confirmation).
Z ≥ +1 and/or DevVWAP > 0 → CONTRO long equity (risk-off pressure).
For Risk-ON assets (set “Risk-OFF?” = false), invert the logic.
Typical use with a swing setup (Break & Retest):
If your setup is valid, add +10–15% confidence when ≥2 filters align (e.g., DXY Z ≤ −1 and below VWAP).
If signals are mixed, halve size (Reduce).
If ≥2 filters oppose, skip new entries (OFF).
Why it helps
Standardizes “strong vs normal”: Z-score compares the current 1h impulse to its own 20-session history.
Anchors to fair value: DevVWAP tells you if the filter asset is trading above/below its session value.
Portable: same logic across ES/FDAX/NQ/FESX (just apply the indicator to the filter symbols).
Practical tips
Symbols: prefer futures or liquid proxies (DX or 6E for DXY, ZN for UST 10y, VX for VIX future) so VWAP is meaningful.
Timeframe setting: the script fetches H1 internally; you can run it on any chart TF.
Labels vs timeframe: If you enable on-chart labels, do not pass a timeframe argument in indicator() (Pine forbids side effects with fixed TF).
Smoothing: keep 20 sessions; shorten only if regime shifts make the baseline stale.
Don’t trade it alone: it’s a filter for your swing setup (bias from D1/H4, trigger on H1/M15).
Typical workflow (1 minute)
Open a chart of the filter asset (e.g., DXY future).
Check Z relative to ±1/±1.5 and DevVWAP sign.
Repeat for ZN and VIX/VX.
If ≥2 agree with your trade direction → ON / size full; if mixed → Reduce; if opposed → OFF.
Limitations
Z-score assumes the recent 1h return distribution is a useful baseline; during extreme news this can break.
DevVWAP is session-dependent; ensure your session settings match the instrument’s trading hours.
No entry/exit rules by itself; it’s a context tool to modulate probability and size.
ATRP & Volatility Table - AIMAN93The ATRP & Volatility Table is a simple yet powerful tool designed to quantify market volatility and help traders adapt their position sizing accordingly.
It calculates the Average True Range Percentage (ATRP) — the ATR value relative to current price — and classifies market conditions into three volatility levels: LOW, MEDIUM, or HIGH. Based on the volatility level, it suggests an indicative risk percentage to guide your trade management.
This visual tool displays real-time ATRP, volatility classification, and corresponding risk percentage in a compact on-chart table. Ideal for systematic traders who rely on volatility-based decision-making, position sizing, or risk management models.
Features:
- Dynamic ATRP calculation for any symbol or timeframe
- Customizable colors for text and background
- Automatic volatility classification (low / medium / high)
- Suggested risk percentage for each volatility level
LUDO1This indicator displays important Mid-Line levels (D, D-1, W, W-1, M, M-1) on the chart and provides alerts when the price touches these levels.
Features:
- Show Mid-Line for day, previous day, week, previous week, month, previous month.
- Individual alerts and a combined alert option.
- Option to show or hide text labels (D, W, M).
How to use:
1. Add the indicator to your chart.
2. Configure settings to enable/disable levels and alerts.
3. Create an alert by selecting the condition “🔔 Combined Alert” or individual alerts.
Trinity Dynamic ATR Levels (Saty)This is an updated version of the SATY ATR levels ()
Trinity Dynamic ATR Levels
The core logic is 100 % identical: same higher-timeframe ATR calculation, same trigger at ~23.6 %, same Fibonacci and extension levels, same 8-21-34 EMA ribbon for the trend color in the table, and the table itself looks exactly like the original again (4 rows, clean layout, no extra target row). The visual and usability upgrades you now have that the original does not:
Lower Trigger line is now red instead of yellow, Upper Trigger line is now green instead of aqua/cyan to indicate to go long or short.
Every single level group has its own color input so you can customize everything (previous close, fib levels, 61.8 %, 100 % ATR, extensions, 200 %, 300 %, etc.) without touching the code. Every plotted level now has a clear text label on the right side of the chart (“Prev Close”, “Lower Trig”, “Upper Trig”, “-61.8 %”, “+100 %”, “-200 %”, etc.) so you instantly know what you’re looking at.
A new input called “Target Distance (×ATR)” lets you decide how far your profit target is (default 1.0 = +100 % ATR, but you can set 1.618, 2.0, 2.618, etc. instantly).
As soon as price closes above the Upper Trigger or below the Lower Trigger, a big, obvious target box automatically appears on the right side of the screen showing the exact dollar target price for the active long or short (green box for longs, red box for shorts). When there is no active trigger, the box disappears and the table stays perfectly clean.
In short, you now have the exact same beloved Saty ATR indicator everyone uses, but with red/green triggers, full color control, level labels, and a beautiful dynamic target box that only shows up when you actually have a trade on — all while keeping the original clean 4-row table untouched. It’s the cleanest and most professional version you’ll find anywhere. Enjoy! 🚀
Swing Wicks + Bodies; Stolen from LeviathanSwing Wicks + Bodies — Stolen from Leviathan
This indicator automatically detects swing highs and lows by separating wick swings from body swings, providing a precise view of liquidity zones on the chart.
It draws:
• wick-based swing levels
• body-based swing levels
• dynamic liquidity boxes showing unfilled price zones
• touch counters (T1, T2, T3…)
• optional HTF levels (H1/H4…) for multi-timeframe context
Included features:
• hide filled levels
• keep only the most recent unfilled levels
• full customization (colors, line styles, text size, minimum box height)
• optional “extend until filled” mode
• volume threshold filter
• lookback limitation (history in days)
Luxy Sector & Industry RS AnalyzerEver wonder why some stocks soar while others in the same sector barely move? Or why your perfectly timed entry still loses money? Possibly the answer can be found in Relative Strength.
The Luxy Sector & Industry RS Analyzer solves a critical problem that most traders overlook: picking strong stocks in strong sectors AND strong industries . It's not enough for a stock to go up - you want stocks that are crushing their competition at both the sector AND industry level. This indicator does the heavy lifting by automatically comparing your stock against its sector ETF, industry ETF, the broader market, sector leader, and industry leader, giving you a complete multi-level picture of relative performance.
What makes this different?
- Automatic sector AND industry detection - no manual setup required
- Multi-level hierarchy analysis: Market → Sector → Industry → Stock
- Multi-timeframe analysis (1 month to 1 year) in one glance
- Industry ETF mapping (30+ industries covered)
- Clear 0-100 scoring system with letter grades (A+ to F)
- Works on stocks, crypto, forex, and commodities
- Real-time updates with anti-repaint protection
Think of it as your performance dashboard - instantly showing you if you're trading a champion or a laggard at every level of the market hierarchy.
METHODOLOGY & ATTRIBUTION
This indicator is based on classical Relative Strength (RS) analysis principles from technical analysis. RS methodology compares an asset's price performance against a benchmark to identify relative outperformance or underperformance. This concept has been used by professional traders and institutions for decades.
Key Concepts Used:
Relative Strength (RS) - Classical technical analysis concept measuring comparative performance
Multi-Level Hierarchy Analysis - Market → Sector → Industry → Stock comparison
Sector Rotation Analysis - Identifying which sectors are leading or lagging the market
Industry Rotation Analysis - Identifying which industries are leading within their sectors
Multi-period Performance Analysis - Evaluating strength across multiple timeframes
Beta Calculation - Standard statistical measure of volatility relative to a benchmark
DISCLAIMER: This indicator is for educational and informational purposes only. It should not be considered financial advice or a recommendation to buy or sell. Past performance does not guarantee future results. Trading involves risk and may not be suitable for all investors. Always do your own research and consult with a financial advisor before making investment decisions.
with all rows visible - capture when stock has strong RS score (70+) so users can see what a "good" setup looks like]
WHAT THE INDICATOR SHOWS
1. AUTOMATIC ASSET TYPE DETECTION
The indicator automatically identifies what you're analyzing and adjusts accordingly:
Stocks - Compares to sector ETF (XLK, XLF, XLV, etc.) and SPY
Crypto - Compares to Total Crypto Market Cap and Bitcoin
Forex - Compares to relevant currency index (DXY, EXY, etc.)
Commodities - Compares to Gold (GLD) as benchmark
Indices - Compares to broader market indices
How it works: The indicator reads your chart's asset type and ticker, then automatically maps it to the correct sector or benchmark. For stocks, it uses intelligent sector detection (looking at the sector field) to match you with the right sector ETF. For example:
- Technology stocks get compared to XLK (Technology Select Sector SPDR)
- Financial stocks get compared to XLF (Financial Select Sector SPDR)
- Healthcare stocks get compared to XLV (Health Care Select Sector SPDR)
This happens instantly when you add the indicator to any chart - no configuration needed.
2. SECTOR & MARKET BENCHMARKS
What is a Sector ETF?
A sector ETF is an exchange-traded fund that tracks a specific industry group. For example, XLK contains all major technology companies. By comparing your stock to its sector ETF, you can see if your stock is outperforming or underperforming its peers.
The indicator shows three key comparison points:
Stock vs Sector (Benchmark)
This tells you how your stock performs compared to companies in the same industry. Positive numbers mean your stock is beating the sector average. Negative numbers mean it's lagging behind.
Stock vs Market (SPY)
This shows performance against the broader S&P 500 index. This is important because even if a stock beats its sector, the entire sector might be weak. You want stocks that beat both their sector AND the market.
Sector vs Market
This reveals "sector rotation" - whether money is flowing into or out of this sector. When this number is positive, the whole sector is hot and leading the market. This is powerful because strong sectors tend to lift all boats, making it easier to find winners.
3. MULTI-PERIOD PERFORMANCE ANALYSIS
The indicator calculates performance across four timeframes simultaneously:
1 Month (1M) - Recent short-term momentum
3 Months (3M) - Medium-term trend strength
6 Months (6M) - Longer-term positioning
1 Year (1Y) - Full-cycle performance view
Why multiple periods matter:
A stock might look great over 1 month but terrible over 6 months - that's a red flag. The best stocks show consistent strength across all timeframes . When you see positive RS (Relative Strength) values across all four periods, you've found a stock with sustained outperformance.
Each row in the table shows:
- Raw performance percentage for that period
- RS value (the difference compared to benchmark)
- Color coding: Green for positive, red for negative, white for neutral
4. SECTOR LEADER COMPARISON
The indicator automatically identifies and compares your stock to the sector leader - the dominant stock in that industry.
Sector leaders by industry:
Technology: Apple (AAPL)
Healthcare: UnitedHealth (UNH)
Financial: JPMorgan Chase (JPM)
Energy: ExxonMobil (XOM)
Consumer Discretionary: Amazon (AMZN)
Consumer Staples: Walmart (WMT)
And more...
Why this matters:
Comparing to the leader shows you if you're trading a champion or a follower. If your stock consistently beats the sector leader, you've found something special. If it's lagging the leader, you might want to trade the leader instead.
Optional Custom Leader:
You can override the automatic leader and compare to any stock you choose. This is useful if you want to benchmark against a specific competitor or reference stock.
NEW! INDUSTRY ANALYSIS (STOCKS ONLY)
The indicator now provides multi-level analysis by automatically detecting and comparing your stock to its specific industry , not just the broad sector.
Why Industry matters:
Technology sector (XLK) contains many different industries: Software, Semiconductors, Hardware, etc. A software stock might beat the broad tech sector but lag behind other software companies. Industry analysis provides this granular view.
Industry ETF Mapping (30+ industries):
Software/Applications: IGV (iShares Software ETF)
Semiconductors: SMH (VanEck Semiconductor ETF)
Biotech: IBB (iShares Biotechnology ETF)
Pharmaceuticals: XPH (SPDR Pharmaceuticals ETF)
Banks: KBE (SPDR S&P Bank ETF)
Regional Banks: KRE (SPDR Regional Banking ETF)
Oil & Gas Exploration: XOP (SPDR Oil & Gas Exploration ETF)
Homebuilders: XHB (SPDR Homebuilders ETF)
Retail: XRT (SPDR S&P Retail ETF)
Aerospace & Defense: ITA (iShares U.S. Aerospace & Defense ETF)
And many more...
Industry Leader Mapping:
The indicator also identifies the leader within each industry:
Software: Microsoft (MSFT)
Semiconductors: NVIDIA (NVDA)
Biotech: Amgen (AMGN)
Pharmaceuticals: Eli Lilly (LLY)
Banks: JPMorgan (JPM)
Oil Exploration: ConocoPhillips (COP)
And more...
New Table Rows for Stocks:
Industry ETF Performance - How the specific industry performed (green background)
Industry Leader Performance - How the top stock in the industry performed
vs Industry RS - Your stock's outperformance vs its industry ETF
Industry vs Sector RS - Is this industry hot or cold within its sector?
vs Industry Leader RS - Your stock's performance vs the industry's best
Why this is powerful:
A stock that beats both its sector AND its industry is showing strength at every level. This indicates true relative strength, not just riding sector-wide momentum.
Optional Custom Industry:
You can override automatic detection for both Industry ETF and Industry Leader in settings.
5. RS SCORE & GRADING SYSTEM (0-100)
The heart of the indicator is the RS Score - a weighted calculation that distills all the performance data into one clear number from 0 to 100.
How the score is calculated:
FOR STOCKS (with Industry data):
The indicator splits the weight between Sector (60%) and Industry (40%):
SECTOR RS (60% of total weight):
1 Month RS: 24% weight (40% × 0.6)
3 Month RS: 18% weight (30% × 0.6)
6 Month RS: 12% weight (20% × 0.6)
1 Year RS: 6% weight (10% × 0.6)
INDUSTRY RS (40% of total weight):
1 Month RS: 16% weight (40% × 0.4)
3 Month RS: 12% weight (30% × 0.4)
6 Month RS: 8% weight (20% × 0.4)
1 Year RS: 4% weight (10% × 0.4)
FOR OTHER ASSETS (Crypto, Forex, Commodities):
Uses full 100% weight on benchmark:
1 Month RS: 40% weight
3 Month RS: 30% weight
6 Month RS: 20% weight
1 Year RS: 10% weight
It starts at 50 (neutral) and adds or subtracts points based on your asset's relative strength in each period.
Bonus points:
+5 points if the sector is outperforming the market (sector rotation is bullish)
+5 points if the industry is outperforming its sector (hot industry) - STOCKS ONLY
+5 points if RS momentum is improving (getting stronger over time)
-5 points if RS momentum is declining (getting weaker)
The final score is capped between 0-100.
Letter Grade System:
90-100: A+ - Elite performer, crushing the sector
85-89: A - Excellent, strong outperformer
80-84: A- - Very good, above average
75-79: B+ - Good, solid performer
70-74: B - Above average, decent strength
65-69: B- - Slightly above average
60-64: C+ - Average, neutral strength
55-59: C - Below average
50-54: C- - Weak, slight underperformance
45-49: D+ - Concerning weakness
40-44: D - Poor, significant underperformance
0-39: F - Failing, avoid this stock
What scores mean for trading:
- RS Score above 70: Strong stocks worth considering for long positions
- RS Score 50-70: Average stocks, better opportunities elsewhere
- RS Score below 50: Weak stocks, avoid or consider for shorts
6. CONSISTENCY SCORE
This metric shows what percentage of time periods show positive RS .
For STOCKS (with Industry data):
Counts both Sector RS periods AND Industry RS periods (up to 8 total periods):
- If a stock beats both sector and industry in all 4 periods each: Consistency = 100% (8/8)
- If it beats in 6 out of 8 total periods: Consistency = 75%
- If it beats in 4 out of 8 total periods: Consistency = 50%
For OTHER ASSETS:
Counts benchmark periods only (4 total):
- If it beats benchmark in all 4 periods (1M, 3M, 6M, 1Y): Consistency = 100%
- If it beats in 3 out of 4 periods: Consistency = 75%
- If it beats in 2 out of 4 periods: Consistency = 50%
Why consistency matters:
A high RS Score with low consistency might indicate a recent spike that could fade. The best stocks show both high RS Score AND high consistency - they're strong now AND have been strong historically at both the sector AND industry level.
Look for stocks with:
Consistency above 75%: Very reliable strength across all levels
Consistency 50-75%: Decent but check other metrics
Consistency below 50%: Weak or erratic, proceed with caution
7. BETA CALCULATION (Volatility Measure)
Beta measures how much more volatile your stock is compared to its sector.
Beta > 1.2 : High volatility - stock moves more aggressively than sector (marked as "High")
Beta 0.8-1.2 : Normal volatility - moves roughly in line with sector
Beta < 0.8 : Low volatility - stock is more stable than sector (marked as "Low")
Formula used:
Beta = Correlation(Stock, Sector) × (Standard Deviation of Stock / Standard Deviation of Sector)
This uses a 20-period calculation for reliability.
How to use Beta:
- High Beta stocks offer bigger gains but also bigger risks - good for aggressive traders
- Low Beta stocks are more defensive - good for conservative positions
- Match Beta to your risk tolerance and strategy
8. DAYS ABOVE/BELOW SECTOR
This tracks consecutive periods (bars) where your stock outperforms or underperforms its sector.
Days Above Sector:
Counts how many bars in a row your stock has beaten the sector.
10+ days: Strong sustained strength (shown in bright green)
5-9 days: Building momentum (shown in yellow)
1-4 days: Early strength (shown in white)
0 days: Not currently outperforming
Days Below Sector:
Counts how many bars in a row your stock has lagged the sector.
10+ days: Sustained weakness (shown in bright red)
5-9 days: Losing momentum (shown in orange)
1-4 days: Minor weakness (shown in white)
0 days: Not underperforming (this is good!)
Why this matters:
Long streaks show trend persistence. A stock with 15+ days above sector is riding strong momentum. A stock with 15+ days below sector is in a sustained downtrend relative to peers.
9. PRICE VS 52-WEEK HIGH
Shows where current price sits relative to its 52-week high (or equivalent for your timeframe).
95%+ (green) : Stock is near all-time highs - strong positioning
80-94% (yellow) : Stock is in a pullback but still relatively strong
Below 80% : Stock has pulled back significantly from highs
Why this matters:
The strongest stocks stay near their highs. When you see a stock with high RS Score AND price near 52W high, you've found a stock with institutional support and strong buying pressure.
10. RELATIVE VOLUME
Compares current volume to the 20-period average volume.
1.5x+ (green) : High volume - significant interest and participation
Around 1.0x : Average volume - normal trading activity
Below 1.0x : Low volume - less interest or inactive period
Why volume matters:
High relative volume confirms price moves. When a stock makes a strong move on 2x or 3x normal volume, it's more likely to sustain. Low volume moves are often just noise.
11. AVERAGE RS STRENGTH
This calculates the average absolute value of all RS readings across the four timeframes.
It shows the magnitude of divergence from the sector, regardless of direction. A high number means the stock moves very differently from its sector (could be much stronger or much weaker). A low number means it tracks closely with the sector.
High Average RS: Stock has strong character, moves independently
Low Average RS: Stock follows sector closely, lacks individual strength
12. SECTOR ROTATION SIGNAL
This indicator automatically detects when a sector is experiencing bullish rotation - meaning money is flowing into the sector and it's outperforming the broader market.
Condition for bullish rotation:
Sector must be beating SPY (market) in both 1-month AND 3-month periods.
Why this matters:
Stocks in hot sectors tend to perform better because they have tailwinds from sector-wide buying. When sector rotation is bullish and your stock has a high RS Score, you've found an ideal setup.
The indicator adds +5 bonus points to the RS Score when sector rotation is bullish.
13. MOMENTUM DETECTION
The indicator compares 1-month RS to 3-month RS to detect if momentum is improving or declining.
RS Momentum Improving: 1M RS is better than 3M RS - stock is getting stronger (adds +5 to score)
RS Momentum Declining: 1M RS is worse than 3M RS - stock is getting weaker (subtracts -5 from score)
Why momentum matters:
You want to catch stocks as momentum is building, not after it's already peaked. Improving momentum suggests the strength is accelerating, not fading.
14. OVERALL ASSESSMENT & RECOMMENDATION
The indicator provides two quick summary rows:
Overall Rating:
Based on grade and RS Score, you get an instant quality rating:
Strong Leader (A/A+) - Top tier stock, crushing it
Above Average (A-/B+) - Solid performer, better than most
Average (B/B-) - Middle of the pack
Below Average (C/C+) - Struggling, watch carefully
Underperformer (D/F) - Weak stock, underperforming badly
Trading Signal:
Combines multiple factors to give setup quality:
STRONG BUY SETUP - RS Score 70+, Consistency 75+, AND sector rotation bullish. This is the perfect storm - strong stock, consistent strength, hot sector.
BULLISH - RS Score 60+, Consistency 50+. Good quality stock worth considering.
NEUTRAL - RS Score 50+. Okay but not exciting, better opportunities exist.
WEAK - RS Score 40-49. Below average, risky.
AVOID - RS Score below 40. Stay away, too weak.
IMPORTANT: These are educational signals only, not financial advice. Always do your own analysis and risk management.
KEY FEATURES
1. AUTOMATIC EVERYTHING
- Auto-detects asset type (stock, crypto, forex, commodity, index)
- Auto-maps stocks to correct sector ETF (11 sectors covered)
- Auto-maps stocks to correct industry ETF (30+ industries covered)
- Auto-identifies sector leader AND industry leader
- Auto-selects appropriate market benchmark
- Zero configuration required - just add to chart
2. MULTI-ASSET SUPPORT
Works on all asset classes:
US Stocks - Compares to sector ETFs (XLK, XLF, XLV, etc.)
Crypto - Compares to Total Crypto Market Cap
Forex - Compares to currency indices (DXY, EXY, etc.)
Commodities - Compares to Gold (GLD)
Indices - Compares to broader market benchmarks
3. FLEXIBLE DISPLAY
9 table positions (top/middle/bottom, left/center/right)
4 size options (tiny, small, normal, large)
Show/hide table completely
Real-time indicator toggle
4. TIMEFRAME FLEXIBILITY
Choose your analysis timeframe:
Chart Timeframe (default) - Uses whatever timeframe your chart is on
Fixed: 1 Hour, 4 Hours, Daily, Weekly - Forces calculations to specific timeframe
This means you can be on a 5-minute chart but analyze RS on Daily timeframe if you prefer.
5. RS SCORE FILTERING
Set a minimum RS Score threshold to only see strong stocks:
Set to 0 - Shows all stocks
Set to 70 - Only displays stocks with RS Score 70+ (strong stocks only)
Warning message displays if stock doesn't meet threshold
Perfect for screening - quickly scan multiple charts and the indicator only shows tables for stocks that pass your quality filter.
6. CUSTOM LEADER COMPARISON
Override automatic leader detection:
Compare to any ticker you choose
Benchmark against specific competitors
Use your own reference stocks
7. COMPREHENSIVE TOOLTIPS
Every input parameter and every table row has detailed tooltips explaining:
What the metric measures
How to interpret the values
What thresholds indicate strength/weakness
Why it matters for trading
Hover over any element to learn - it's like having a trading coach built in.
8. SMART ALERTS
Built-in alert system for key events:
Divergence Alerts:
Get notified when your stock diverges significantly from its sector.
Bullish Divergence: Stock beating sector by threshold percentage
Bearish Divergence: Stock losing to sector by threshold percentage
Set your threshold (default 5%) - this determines how big a divergence triggers the alert.
RS Score Alerts:
Get notified when RS Score crosses your threshold:
Crossed Above: RS Score went from below to above your threshold (bullish)
Crossed Below: RS Score dropped from above to below threshold (bearish)
Set your threshold (default 70) to focus on strong stocks.
Sector Rotation Alert:
Fires when sector shows bullish rotation (outperforming market).
HOW TO USE THE INDICATOR
FOR SWING TRADERS:
1. Add indicator to your watchlist stocks
2. Look for RS Score 70+ with Consistency 75%+
3. Check if sector rotation is bullish (bonus!)
4. Verify price is near 52W high (95%+)
5. Wait for entry setup on your chart
6. Use stop loss below key support
Example Setup:
Stock shows:
- RS Score: 82 (Grade: A-)
- Consistency: 100% (strong across all periods)
- Sector Rotation: Bullish
- Price vs 52W High: 96%
- Days Above Sector: 12 days
- Relative Volume: 1.8x
This is a textbook strong stock in a hot sector near highs - ideal for swing long.
FOR POSITION TRADERS:
1. Focus on 6-month and 1-year RS values
2. Look for sustained outperformance (Consistency 75%+)
3. Prefer lower Beta stocks (less volatility)
4. Check Days Above Sector for trend persistence
5. Monitor RS Score monthly, exit if drops below 60
FOR ACTIVE TRADERS:
1. Use on intraday timeframes (1H or 4H)
2. Set RS Score filter to 60+ for quick screening
3. Enable Divergence Alerts
4. Watch for momentum improving signal
5. Higher Beta stocks offer more movement
FOR SHORT SELLERS:
1. Look for RS Score below 40 (Grade: D or F)
2. Check for declining momentum
3. Verify Days Below Sector is increasing (10+)
4. Sector rotation should be bearish
5. Price should be well off 52W high
WHAT MAKES A PERFECT SETUP:
The holy grail combination:
RS Score: 75+ (A- or better)
Consistency: 80%+ (strong across time - beats sector AND industry)
Sector Rotation: Bullish (hot sector)
Industry vs Sector: Positive (hot industry within sector)
Days Above Sector: 10+ (sustained strength)
Momentum: Improving (getting stronger)
Price vs 52W High: 90%+ (near highs)
Relative Volume: 1.5x+ (volume confirmation)
When you find this combination, you've located a stock with every advantage in its favor - strong at the stock level, industry level, AND sector level. That's multi-level confirmation of relative strength.
IMPORTANT NOTES
Data Reliability:
All calculations use lookahead=off for anti-repaint protection
Historical values will never change
Real-time indicator toggle only affects the visual clock icon, not data reliability
All security requests are properly configured to prevent future data leakage
Sector Mapping Notes:
Sector detection uses TradingView's sector field
Some stocks may not have sector data - indicator will adapt
Sector ETFs used: XLK, XLF, XLV, XLE, XLY, XLP, XLI, XLB, XLRE, XLU, XLC
Major market ETFs (SPY, QQQ, DIA) are treated as market benchmarks, not stocks
Multi-Asset Notes:
Crypto compares to CRYPTOCAP:TOTAL (total crypto market cap)
Forex compares to relevant currency index based on base currency
Commodities compare to Gold (GLD) as primary commodity benchmark
Custom leaders can be set for any asset type
FREQUENTLY ASKED QUESTIONS
Q: What does RS Score of 75 actually mean?
A: It means your stock is strongly outperforming its sector across multiple timeframes. The score is weighted toward recent performance (1-month gets 40% weight), so 75 indicates sustained relative strength with emphasis on current momentum.
Q: My stock has high RS Score but is going down. Why?
A: RS Score measures relative performance (vs sector/market), not absolute price direction. A stock can fall 5% while its sector falls 10% - that's still positive relative strength. In bear markets or sector corrections, high RS stocks often fall less than peers.
Q: Should I only trade stocks with RS Score above 70?
A: For long positions, yes - focus on 70+ scores. These stocks have proven they can beat their sector. However, for pairs trading or relative value plays, you might also short stocks with scores below 40 while longing stocks above 70.
Q: What if my stock doesn't have a sector?
A: The indicator handles this gracefully. If no sector is detected, it will compare directly to the market (SPY for stocks). Some rows may show N/A, but the indicator will still provide useful market-relative data.
Q: Why does the sector sometimes show N/A?
A: This happens when: 1) Your asset has no sector classification, 2) The stock IS the sector ETF itself, 3) You're analyzing a non-stock asset (crypto, forex, commodity). The indicator adapts by focusing on market-relative metrics instead.
Q: Can I use this on cryptocurrencies?
A: Yes! The indicator automatically detects crypto and compares to the Total Crypto Market Cap (CRYPTOCAP:TOTAL). You can also set a custom leader like Bitcoin (BTCUSD) to compare against the dominant crypto.
Q: What's the difference between RS Score and Consistency?
A: RS Score is the weighted average of how much you're beating the sector (magnitude). Consistency is what percentage of time periods show outperformance (reliability). You want both high - that means strong AND consistent.
Q: Do the alerts repaint?
A: No. All alerts fire only on bar close (barstate.isconfirmed) and use properly configured data with lookahead=off. Once an alert fires, it's final and won't change.
Q: What timeframe should I use?
A: For swing trading: Daily or Weekly. For day trading: 1H or 4H. For position trading: Weekly. Use "Chart Timeframe" mode and switch your chart timeframe to change the analysis period easily.
Q: Why is Days Above Sector showing 0?
A: This means your stock is not currently outperforming its sector. If Days Below Sector is also 0, it means the RS is exactly neutral (very rare). Check the actual RS values to see current standing.
Q: Can I compare to a different market benchmark than SPY?
A: Currently the indicator uses SPY (S&P 500) as the default US stock market benchmark. For crypto it uses CRYPTOCAP:TOTAL, for forex it uses currency indices, etc. The benchmark auto-adjusts based on asset type.
Q: What's a good Beta value?
A: It depends on your strategy. Aggressive traders prefer Beta above 1.2 (more volatility = bigger moves). Conservative traders prefer Beta 0.8-1.0 (more stable). Beta is neutral - it's about matching your risk tolerance.
Q: How often does the table update?
A: With Real-time Indicator enabled: Every tick (constant updates). With it disabled: Only on bar close. Either way, the underlying data is identical and non-repainting - the toggle only affects update frequency and the clock icon display.
Q: My stock is showing "AVOID" but it's up 50% this year. Is the indicator wrong?
A: Not necessarily. The indicator measures RELATIVE performance. If your stock is up 50% but the sector is up 100%, your stock is actually underperforming by 50%. The indicator helps you identify when you should switch to stronger stocks in the same sector.
Q: What does "Strong Buy Setup" really mean?
A: It means three things aligned: 1) RS Score above 70 (strong stock), 2) Consistency above 75% (reliable strength), 3) Sector rotation is bullish (hot sector). This combination historically correlates with stocks that continue outperforming. However, this is NOT financial advice - always do your own analysis.
Q: Can I use this for options trading?
A: Yes! High RS Score stocks make good candidates for call options (bullish bets) while low RS Score stocks may work for puts (bearish bets). Higher Beta stocks will have more volatile options (higher premiums but more movement).
Q: Why is my crypto showing N/A for sector?
A: Cryptocurrencies don't have "sectors" like stocks do. Instead, the indicator compares crypto to the total crypto market cap. This is normal and expected behavior.
Q: What happens if I'm analyzing an ETF?
A: If you're analyzing a sector ETF (like XLK), it will compare to SPY (market). If you're analyzing SPY itself, some comparisons won't be available (can't compare SPY to itself). The indicator intelligently adapts to avoid circular comparisons.
Q: What if my stock doesn't have industry data?
A: Not all stocks are mapped to specific industries (only 30+ major industries are covered). If no industry is detected, the indicator will still work using only sector analysis. The RS Score calculation will use 100% sector weight instead of the 60%/40% split.
Q: Why does Industry vs Sector matter?
A: Industry vs Sector shows if your specific industry is hot or cold within its broader sector. For example, Semiconductors (SMH) might be outperforming Technology sector (XLK) even though both are up. This helps you find not just strong sectors, but the strongest industries within those sectors.
Q: Can I disable Industry analysis?
A: Yes! In the "Industry Analysis" settings group, you can toggle off "Show Industry Analysis in Table" to hide all industry rows. However, even when hidden, industry data still contributes to the RS Score calculation for stocks.
Q: Why is my Consistency Score lower for stocks than other assets?
A: For stocks with industry data, Consistency counts 8 periods (4 Sector + 4 Industry periods) instead of just 4. This means the bar is higher - your stock needs to beat both sector AND industry consistently. A stock that beats sector in all 4 periods but lags industry in 2 periods will show 75% consistency (6/8), not 100%.
BEST PRACTICES
Use as a screening tool - Set RS Score filter to 70+ and quickly scan your watchlist. Only strong stocks will show the table.
Combine with technical analysis - RS Score tells you WHAT to trade, your chart tells you WHEN to enter.
Check multiple timeframes - Switch between Daily and Weekly to see if strength holds across different time horizons.
Monitor sector rotation - When sector goes from bearish to bullish rotation, it's often a great time to enter stocks in that sector.
Watch Industry vs Sector - Stocks in hot industries within hot sectors have double tailwinds. Prioritize Industry vs Sector positive values.
Pay attention to consistency - High RS Score with low consistency might be a spike that fades. Look for 70%+ consistency across BOTH sector and industry.
Use the leader comparison - If your stock consistently beats both sector leader AND industry leader, you may have found the next champion.
Watch days above/below sector - Long streaks (15+ days) indicate strong trends. Look for these in conjunction with high RS Score.
Set alerts on key stocks - Enable RS Score alerts at 70 threshold to get notified when watchlist stocks become strong.
Consider Beta for position sizing - Size smaller positions in high Beta stocks, larger in low Beta stocks for balanced risk.
Exit when RS Score drops - If a stock's RS Score falls below 60, consider reducing or exiting - the strength may be fading.
Leverage industry-level insight - If Industry ETF is weak but stock is strong, that's standout strength. If Industry is hot but stock is lagging, consider switching to the industry leader instead.
SETTINGS EXPLAINED
Display Settings:
Show Performance Table - Master on/off switch for the table
Table Position - 9 positions available (corners, edges, center)
Table Size - 4 sizes (tiny, small, normal, large) for different screen sizes
Timeframe Settings:
Chart Timeframe (recommended) - Dynamic, uses whatever chart TF you're on
Fixed Timeframes - Locks analysis to 1H, 4H, Daily, or Weekly regardless of chart
Filtering Settings:
Minimum RS Score - Set threshold (0-100) for displaying table
Show Warning - When enabled, displays message if stock doesn't meet filter
Alert Settings:
Divergence Alerts - Enable alerts when stock diverges from sector
Threshold (%) - How big a divergence triggers alert (default 5%)
RS Score Alerts - Enable alerts when RS Score crosses threshold
Threshold - What RS Score level triggers alert (default 70)
Sector Analysis Settings:
Use Custom Sector ETF - Override automatic sector ETF detection
Sector ETF Symbol - Enter any sector ETF to compare against
Use Custom Sector Leader - Override automatic sector leader detection
Sector Leader Symbol - Enter any ticker as sector leader
Industry Analysis Settings:
Use Custom Industry ETF - Override automatic industry ETF detection
Industry ETF Symbol - Enter specific industry ETF (e.g., IGV, SMH)
Use Custom Industry Leader - Override automatic industry leader detection
Industry Leader Symbol - Enter specific industry leader
Show Industry Analysis - Toggle all industry rows on/off
Display Settings:
Show Real-time Indicator - Toggle clock icon in header (doesn't affect data)
WHAT THIS INDICATOR DOESN'T DO
To set proper expectations:
Does NOT provide entry/exit signals - this is a strength analyzer, not a trading system
Does NOT predict future price movement - shows current and historical relative strength
Does NOT guarantee profits - strong RS stocks can still decline
Does NOT replace your own analysis - use as one tool among many
Does NOT work on stocks with no sector data - will adapt but some rows show N/A
This indicator is a decision support tool . It helps you identify which stocks are showing relative strength so you can make more informed trading decisions. You still need your own entry strategy, risk management, and position sizing rules.
SUPPORT & CONTACT
Questions or feedback? Use the comments section below or send me a message.
If you find this indicator useful, please give it a boost and share with other traders who might benefit from relative strength analysis.
FINAL REMINDER
This indicator is a tool for analyzing relative strength - it shows you which stocks are outperforming their sector and market. It does NOT provide financial advice or trade signals. Always conduct your own research, manage your risk appropriately, and consult with a financial advisor before making investment decisions.
Past performance of relative strength does not guarantee future results. Strong stocks can become weak, and sectors rotate in and out of favor. Use this indicator as part of a comprehensive trading strategy, not as a standalone decision-making system.
Trade smart, manage risk, and may your RS Scores stay high!
If you got till here and you like my work a BOOST and a COMMENT would make me happy
MTF Checklist DashboardMTF Checklist Dashboard
Overview
The MTF Checklist Dashboard is an advanced multi-timeframe analysis tool that provides traders with a comprehensive visual dashboard to analyze market conditions across six customizable timeframes simultaneously. This indicator combines multiple technical analysis methods, including Opening Range Breakouts (ORB), VWAP, EMAs, and daily price levels, to generate high-probability confluence-based trading signals.
Unlike traditional single-timeframe indicators, this dashboard displays all critical information in one organized table, allowing traders to instantly identify when multiple timeframes align for optimal entry and exit opportunities.
Key Features
Multi-Timeframe Analysis
Analyzes up to 6 timeframes simultaneously (default: 1m, 5m, 15m, 30m, 1h, 4h)
Fully customizable timeframe selection via comma-separated input
Color-coded cells for instant visual recognition (green=bullish, red=bearish, yellow=neutral)
Technical Indicators Tracked
Current and previous candle direction
Opening Range Breakout (ORB) positioning with custom period
VWAP relationship (above/below)
200 EMA positioning
Daily and previous day high/low proximity
EMA crossovers (9 vs 21, both vs 200)
Advanced Signal Filtering System
Confluence scoring: Requires multiple timeframes to align (3-6 timeframes)
Higher timeframe confirmation: Ensures 30m/1h/4h agreement
Volume filter: Confirms signals with above-average volume (1.5x default)
ATR volatility filter: Validates sufficient market movement
Session timing: Restricts signals to optimal trading hours (EST)
Momentum confirmation: Requires recent directional strength
Range positioning: Blocks signals near daily extremes
Candle strength: Validates strong directional candles (60%+ body ratio)
Visual Signals
Optional entry arrows (above/below bars)
Background color highlighting
Organized dashboard with real-time price levels
ORB range, current day, and previous day summary rows
Alert Conditions
JSON-formatted alerts for automated trading integration
Separate alerts for long entry, short entry, long exit, and short exit
Compatible with webhook automation systems
How To Use
Dashboard Interpretation
The dashboard displays a color-coded table with the following columns:
TF: Timeframe being analyzed
C: Current candle (Green=bullish, Red=bearish)
P: Previous candle (Green=bullish, Red=bearish)
ORB: Opening Range Breakout position (A=Above, B=Below, W=Within)
VWAP: Price vs VWAP (A=Above, B=Below)
E200: Price vs 200 EMA (A=Above, B=Below)
D Hi/Lo: Proximity to current day high/low (Hi/Lo/Mid)
PD Hi/Lo: Proximity to previous day high/low (Hi/Lo/Mid)
9 vs 21: EMA 9 vs EMA 21 relationship (A=9 above 21, B=9 below 21)
9&21 v200: Both EMAs vs 200 EMA (>>=both above, <<=both below, <>=mixed)
Signal Generation
Long Entry Signal triggers when:
Minimum number of timeframes show bullish alignment (default: 5 of 6)
Higher timeframes (30m/1h/4h) confirm direction (default: 2 of 3)
Price breaks above ORB high with sufficient distance
Volume exceeds average by specified multiplier
ATR shows adequate volatility
Trade occurs during optimal session hours
Recent momentum is upward
Price not too close to daily high
Strong bullish candle forms
Short Entry Signal uses opposite conditions
Exit Signals trigger when opposing timeframe confluence reaches threshold (default: 3 timeframes)
Recommended Workflow
Select your asset and primary trading timeframe
Observe the dashboard - Look for rows showing mostly green (bullish) or red (bearish)
Wait for alignment - The indicator will show arrows when confluence requirements are met
Check the bottom rows - Review ORB levels and daily ranges for context
Set alerts - Enable TradingView alerts using the built-in alert conditions
Manage risk - Use appropriate position sizing and stop losses based on ORB range or daily ATR
Settings Guide
Basic Settings
Timeframes: Enter comma-separated values (e.g., "1,5,15,30,60,240")
Show Header: Toggle column headers on/off
ORB Minutes: Set opening range period (default: 15 minutes)
Near % for daily highs/lows: Define proximity threshold (default: 0.20%)
Use close for comparisons: Compare using close vs current price
Dashboard Position: Choose from 9 screen positions
Confluence Filters
Minimum Timeframes Aligned: Set required confluence (3-6, default: 5)
Require Higher Timeframe Confirmation: Toggle HTF requirement on/off
Min Higher Timeframes: Specify HTF agreement needed (1-3, default: 2)
Volume Filter
Volume Confirmation: Enable/disable volume filtering
Volume vs Average: Set multiplier threshold (default: 1.5x)
Volume Average Length: Period for volume average (default: 20 bars)
Volatility Filter (ATR)
Volatility Filter: Enable/disable ATR confirmation
ATR Length: Calculation period (default: 14)
Min ATR vs Average: Required ATR level (default: 0.5x = 50%)
ORB Filters
ORB Breakout Distance Required: Toggle distance requirement
Min Breakout % Beyond ORB: Additional breakout threshold (default: 0.10%)
Session Filter
Trade Only During Best Hours: Enable time-based filtering
Session 1: First trading window (default: 0930-1130 EST)
Session 2: Second trading window (default: 1400-1530 EST)
Momentum Filter
Recent Momentum Required: Enable directional momentum check
Lookback Bars: Period for momentum comparison (default: 3 bars)
Daily Range Filter
Block Signals Near Daily Extremes: Prevent entries at extremes
Distance from High/Low %: Minimum distance required (default: 2.0%)
Candle Filter
Strong Directional Candle: Require candle strength
Min Candle Body %: Body-to-range ratio threshold (default: 60%)
Visual Signals
Show Entry Signals: Master toggle for visual signals
Show Arrows: Display entry arrows on chart
Background Color: Enable background highlighting
Best Practices
Start with default settings and adjust based on your trading style and asset volatility
Higher confluence requirements (5-6 timeframes) produce fewer but higher-quality signals
Enable all filters for conservative trading; disable some for more frequent signals
Use the dashboard as confirmation alongside your existing trading strategy
Backtest on your specific instruments before live trading
Consider market conditions—trending vs ranging markets may require different settings
Alerts
This indicator includes four alert conditions with JSON formatting for webhook integration:
Long Entry Signal: Triggers when all long conditions are met
Short Entry Signal: Triggers when all short conditions are met
Long Exit Signal: Triggers when opposing confluence reaches exit threshold
Short Exit Signal: Triggers when opposing confluence reaches exit threshold
Alert messages include ticker symbol, action (buy/sell), price, and quantity for automated trading systems.
Important Notes
This indicator works best on liquid instruments with clear price action
Highly volatile markets may require adjusted ATR and ORB distance settings
Session times are in EST timezone—adjust if trading non-US markets
The ORB calculation requires sufficient price history for the day
Signals are generated in real-time but should be confirmed at candle close
Limitations
Maximum of 6 timeframes can be analyzed due to TradingView's security call limits
ORB calculations may not work correctly on instruments with gaps or irregular sessions
The indicator is most effective during regular market hours when volume and volatility are adequate
Lower timeframes (1m, 5m) may produce more false signals in choppy conditions
License
Mozilla Public License 2.0 (MPL-2.0)
This indicator is licensed under the Mozilla Public License 2.0. You are free to use, modify, and distribute this code under the terms of the MPL-2.0. The full license text is available at mozilla.org
Key license provisions:
You may use this code commercially
You may modify and distribute modified versions
Modified versions must be released under the same license
You must include the original license notice in any distributions
No trademark rights are granted
Disclaimer
This indicator is provided for educational and informational purposes only. It is not financial advice, and past performance does not guarantee future results. Trading involves substantial risk of loss. Always:
Practice proper risk management
Test thoroughly on paper/demo accounts before live trading
Use appropriate position sizing
Never risk more than you can afford to lose
Consult with a financial advisor for personalized advice
The creator assumes no liability for trading losses incurred using this indicator.
Version: 2.0
Pine Script Version: v6
Author: © EliasVictor
Michael's FVG Detector═══════════════════════════════════════
Michael's FVG Detector
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A clean and efficient Fair Value Gap (FVG) indicator for TradingView that helps traders identify market imbalances with precision.
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Overview
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Fair Value Gaps (FVGs) are price inefficiencies that occur when there's a gap between the wicks of candlesticks, indicating rapid price movement with minimal trading activity. These gaps often act as support/resistance zones where price may return to "fill the gap."
This indicator automatically detects and visualizes both bullish and bearish FVGs on any timeframe, making it easy to spot potential trading opportunities.
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Features
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Core Functionality
Automatic FVG Detection : Identifies Fair Value Gaps in real-time as they form
Bullish & Bearish FVGs : Detects both upward and downward price gaps
3-Candle Pattern : Uses classic FVG logic (current candle low > high from 2 bars ago for bullish, vice versa for bearish)
Gap Size Display : Shows the exact size of each FVG in ticks directly on the box
Confirmed Bars Only : Only draws FVGs on confirmed bars to prevent repainting
Customization
Color Settings : Fully customizable colors for bullish and bearish FVGs with transparency control
Text Color : Configurable color for the tick size labels
Default Styling : Comes with sensible defaults (20% transparency, dark gray labels)
Performance Optimization
Smart Cleanup : Automatically removes boxes outside the visible chart area
Efficient Rendering : Maintains optimal performance even on lower timeframes
No Repainting : Uses confirmed bars only for reliable signals
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How It Works
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Detection Logic
Bullish FVG:
Current bar's low is higher than the high from 2 bars ago
Creates an upward gap that price left behind during bullish momentum
Bearish FVG:
Current bar's high is lower than the low from 2 bars ago
Creates a downward gap that price left behind during bearish momentum
Visual Display
Each detected FVG is displayed as:
A semi-transparent colored box spanning the gap area
The box extends from bar -2 to the current bar
Gap size in ticks shown at the bottom-left of each box
Singular/plural formatting ("1 tick" vs "X ticks")
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Performance Notes
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Cleanup runs every 50 bars to maintain optimal performance
Only creates boxes on confirmed bars (no real-time repainting)
Efficiently manages memory by removing off-screen boxes
Suitable for both manual and automated trading strategies
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Disclaimer
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This indicator is for educational and informational purposes only. It is not financial advice. Always do your own research and risk management before making trading decisions.
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Author : Michael
Version : 1.0
License : Free for personal use
Last Updated : November 2025
EMA MTF Trend Dashboard (Cross & Bias Modes)EMA MTF Trend Dashboard (Cross & Bias Modes)
A clean, multi-timeframe trend-alignment tool designed to support disciplined entries and higher-probability trades.
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🔍 What This Dashboard Does
The EMA MTF Trend Dashboard provides a clear, structured view of trend direction across seven key timeframes:
1m • 5m • 15m • 30m • 1H • 4H • Daily
It highlights your execution timeframe, displays EMA-based trend direction per timeframe, and produces a plain-English directional bias using either Single EMA mode or Dual EMA Cross mode.
This makes it useful for scalpers, intraday traders, swing traders, and anyone who wants clarity before executing a trade.
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🧠 How to Read the Dashboard
1. Execution Timeframe (Blue Row)
The blue row is your execution timeframe — the timeframe used to calculate the final bias.
• In Chart mode, it automatically matches your current chart timeframe.
• In Locked mode, it remains fixed, even if you switch to other chart timeframes.
This ensures consistency and removes any ambiguity before entering a trade.
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2. EMA Mode (Use Any Length You Like)
You’re free to choose any EMA lengths — the dashboard adapts to your strategy.
• Smaller EMAs (5–20):
React quickly and highlight short-term momentum changes or early trend shifts.
• Larger EMAs (50–200+):
Move more slowly and provide a smoother read of overall trend structure, filtering out low-timeframe noise.
This flexibility lets you tune the dashboard to your preferred approach — whether you want fast tactical signals or slower, more stable directional structure.
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3. Cross & Bias Modes
The dashboard supports two core engines:
✔ Single EMA Mode (Price vs EMA + ATR Neutral Buffer)
A trend-following model that avoids false signals when price is close to the EMA.
✔ Dual EMA Cross Mode (Fast vs Slow EMA)
A crossover-based trend engine ideal for traders who prefer structure shifts based on EMA alignment.
You can switch modes instantly from the settings.
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4. Bias (Plain-English Trend Assessment)
The bias row at the bottom shows the overall directional bias for the blue timeframe, calculated using weighted multi-timeframe logic:
• Strong Bull
• Bullish
• Neutral
• Bearish
• Strong Bear
This provides instant clarity on whether market conditions support (or conflict with) your trade idea.
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5. Trend Table (Heatmap View)
Each timeframe shows:
• ▲ Bullish
• ▼ Bearish
• – Neutral
Colour coded for clarity:
• Green = bullish
• Red = bearish
• Grey = neutral
• Blue = execution timeframe highlight
This creates a clean, at-a-glance trend heatmap.
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⚙️ Customisation Options
• Fully adjustable EMA lengths
• Single EMA mode (with ATR neutral zone)
• Dual EMA Cross mode (fast/slow)
• Selectable text colour (dark/light theme friendly)
• Execution timeframe mode: Chart or Locked
• Compact and visually clear table layout
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✔ Why This Tool Helps
This dashboard gives traders a structured, rule-aligned view of trend direction by:
• Keeping you aligned with broader multi-timeframe structure
• Reducing counter-trend mistakes
• Clarifying trend shifts and momentum changes
• Making decision-making faster and more consistent
• Supporting any systematic or rule-based trading plan
It is a decision-support tool, not a buy/sell signal — making it useful for all trading styles.
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📌 Notes for Users
• Non-repainting (uses confirmed closes)
• Works universally: Forex, crypto, indices, commodities
• Suitable for scalpers, day-traders, swing traders
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💬 Feedback & Future Enhancements
If you’d like to see additional timeframes, alternative trend engines, an ultra-compact mode, or alert integrations, feel free to request upgrades.
Fibonacci Pullback to 50MA Buy Signal// === CONDITIONS FOR BUY SIGNAL ===
// 1. Price must be inside the fib pullback zone
inFibZone = low <= fib50 and low >= fib618
// 2. Price must touch or approach the 50MA
touchMA = low <= ma50 * 1.002 and low >= ma50 * 0.998 // within 0.2%
// 3. Optional confirmation – bullish candle
reversalCandle = close > open
// FINAL BUY SIGNAL CONDITION
buySignal = inFibZone and touchMA and reversalCandle
// === MARK BUY SIGNAL ===
plotshape(buySignal, style=shape.labelup, color=color.lime, size=size.large,
location=location.belowbar, text="BUY\nFib + 50MA")
X Trade Plan [asset]A precision-structured execution framework designed to identify, map, and visualize targeted areas of interest derived from prior end-of-day AVWAP levels. These areas represent historically important zones where order flow has previously rotated, absorbed, or redistributed—making them highly relevant for future intraday decision-making.
This tool is intended to work in direct combination with the X Tail that Wags indicator, which calculates and projects the previous session’s ending AVWAP forward into the next trading day. The projected end-of-day AVWAP levels serve as a backbone for this Trade Plan: each level is wrapped, extended, and visually organized into a standardized zone structure that the trader can interpret quickly and consistently.
Purpose and Core Concept
Markets consistently respond to prior session value. The end-of-day AVWAP reflects the final consensus price where volume and time-weighted participation reached equilibrium before the session closed. When carried forward, these levels often act as real-world:
Reversion points
Liquidity pockets
Control centers
Continuation or rejection pivots
Absorption shelves and distribution tops
By framing these AVWAP-derived levels into controlled ranges—each with a slight configurable margin—the indicator transforms abstract numbers into objective, visually actionable trading zones.
How This Indicator Works
The user inputs up to fifteen prior AVWAP levels that came from X Tail that Wags’ “Previous End-of-Day AVWAP” readouts. For each active level, X Trade Plan automatically:
Builds a structured zone around the AVWAP using a user-defined ± margin
Draws a filled box from the anchor bar forward a customizable distance
Adds optional top/bottom price labels for precision
Optionally draws a mid-line representing the core of the zone
Displays custom text labels for classification, notes, or tiering
Refreshes anchor points at user-selected higher-timeframe boundaries (e.g., Daily) so zones “reset cleanly” at each new session
Everything is designed to ensure consistent, non-overlapping, visually efficient zones that maintain chart clarity even when multiple levels are active.
Intended Use in a Trade Plan
This indicator is not a signal generator.
It is a structural mapping tool designed for traders who build a daily plan around:
1. Prior Value → Future Reaction
Price commonly retests, respects, or rejects previous session AVWAP levels. These zones act as tactical reference points to evaluate:
Whether price is accepting value
Rejecting value
Targeting inefficiencies
Passing through low-resistance channels
2. Defining Areas of Interest (AOIs)
Each zone identifies where:
Positioning from previous sessions may still exist
Liquidity may sit
Algorithmic systems often pivot
High-volume traders previously accumulated or distributed
3. Enhancing Bias and Scenario Planning
When used with X Tail that Wags, traders can combine:
Current session AVWAP direction
Prior session ending AVWAP levels
The constructed Trade Plan zones
to produce:
Meaningful upside/downside targets
Control-center ranges
Lean / location for entries
Expected reaction points
This synergy turns raw historical AVWAP data into actionable structure.
Why These Levels Matter
End-of-day AVWAP levels are powerful because they encapsulate:
The final “fair value” of the prior session
Where the most volume-weighted agreement occurred
Where institutional inventory was likely set or hedged
The price many algos and funds benchmark against
When the next session opens, these prior value levels serve as magnets and decision boundaries, helping traders anticipate:
High-probability pullback zones
Reversals off previous value
Break-and-go continuation levels
Failure points where trapped participants are forced to exit
Summary
X Trade Plan
𝑎
𝑠
𝑠
𝑒
𝑡
asset transforms prior AVWAP levels—sourced from X Tail that Wags—into a structured visual map of the market’s most relevant historical value areas. These zones are used to shape a deliberate, rules-based Trade Plan that identifies where the market is likely to react, pause, rotate, or accelerate during the current session.
When paired with X Tail that Wags, this indicator provides a powerful, integrated workflow for traders who rely on value-based context, precise levels, and scenario-driven preparation.
Session Breakout, Retest, Reversal + Large Move Alert## **Session Breakout, Retest, Reversal + Large Move Alert**
### Overview
A powerful multi-functional indicator designed for day traders and futures traders to identify session-based breakout opportunities, retest confirmations, and significant price movements across all futures contracts (Gold, E-mini S&P 500, Nasdaq, Crude Oil, and more).
### Key Features
**📊 Pre-Market Session Tracking**
- Automatically calculates pre-market/overnight session highs and lows
- Displays session ranges with customizable colors and styling
- Extends lines through the entire trading session for easy reference
- Supports overnight sessions (e.g., 4 PM – 7:30 AM for Gold futures)
**🚀 Breakout Detection**
- Identifies breakouts above/below pre-market highs and lows
- Uses close-price confirmation to filter false signals from wicks
- Displays "BO ↑" and "BO ↓" labels at breakout points
- Generates instant alerts when breakouts occur
**♻️ Retest Failed Tracking**
- Monitors price retests after breakouts
- Detects when retests fail to reach previous support/resistance
- Labels "RF" (Retest Failed) for high-probability trade setups
- Helps identify reversal opportunities
**📈 First 5-Minute Analysis**
- Captures first 5 minutes of market open (customizable timeframe)
- Tracks first 5-minute highs and lows separately
- Essential for mean-reversion and breakout confirmation strategies
- Blue lines extend through the trading session for easy tracking
**⚡ Large Move Alerts**
- Detects significant price movements based on point thresholds
- Individual thresholds for 5+ different symbols:
- GC (Gold): 15 points
- ES (E-mini S&P 500): 15 points
- NQ (E-mini Nasdaq): 50 points
- CL (Crude Oil): 1.5 points
- Custom: Fully adjustable
- Auto-detects symbol from chart ticker
- Labels show exact point movement and candle direction
### Customization Options
**Symbol Configuration**
- **Auto-Mode**: Automatically detects trading symbol from chart ticker
- **Manual-Mode**: Select specific symbol (GC, ES, NQ, CL, or Custom)
**Session Settings**
- Fully customizable pre-market session time (24-hour format)
- Adjustable market open time for first 5-minute window
- Market close hour and minute configuration
- Support for any timezone
**Point Move Thresholds by Symbol**
- Set independent thresholds for each of your trading symbols
- Quickly adjust settings when switching between different futures
- Includes helpful tooltips for recommended values
**Display & Styling**
- Toggle all visual elements on/off individually
- Customizable colors for all lines and labels:
- Pre-market high/low colors
- Breakout labels (up/down)
- Retest failed labels
- First 5-minute session lines
- Large move indicators
- Text size options: tiny, small, normal, large, huge
### How It Works
1. **Session Tracking**: The indicator identifies your pre-market session and marks the high and low with labeled lines (PH/PL)
2. **Breakout Signal**: Once the market opens, it monitors for close prices above/below the pre-market levels and alerts you with "BO ↑" or "BO ↓"
3. **Retest Confirmation**: After a breakout, it tracks retests and labels "RF" when the retest fails to reach the opposite extreme, confirming trade direction
4. **Large Move Detection**: Simultaneously monitors for significant point moves that exceed your symbol-specific thresholds
5. **Alert Triggers**: Get real-time alerts for:
- Breakout Up/Down
- Any Breakout
- Large Move events
### Alert Conditions
The indicator includes four alert conditions:
- **Breakout Up Alert**: Price closes above pre-market high
- **Breakout Down Alert**: Price closes below pre-market low
- **Any Breakout Alert**: Either breakout condition triggers
- **Large Move Alert**: Point movement exceeds threshold for current symbol
### Ideal For
- ✅ Day traders (breakout/retest strategies)
- ✅ Futures traders (Gold, Oil, Stock Index Contracts)
- ✅ Intraday scalpers (first 5-minute analysis)
- ✅ Swing traders (session-based levels)
- ✅ Multi-symbol traders (independent thresholds per symbol)
### Disclaimer
This indicator is designed for educational and informational purposes. Past performance does not guarantee future results. Always use proper risk management and position sizing. Test thoroughly on historical data before trading live.
Avg % Move Dashboard — Body and WicksTitle
Avg % Move Dashboard — Body and Wicks (w/ True Range)
Summary
Compact right-side dashboard showing the average percent move of recent candles:
Body size (absolute % from Open to Close)
Body bias (signed %, with up/down arrow and color)
Full range (High–Low %)
True range (ATR-style % relative to previous close)
Perfect for quickly gauging current market velocity and directional skew on any symbol or timeframe.
How It Works
Body % (per bar): (Close − Open) / Open × 100
Full range % (per bar): (High − Low) / Open × 100
True range % (per bar): max(High−Low, |High−PrevClose|, |Low−PrevClose|) / PrevClose × 100
Averages: Simple moving averages over the last N candles
Rounding: Values rounded to your chosen decimals
Bias row: shows signed average body percent with an ↑/↓ arrow and green/red color; near-zero values can display a neutral ⟷ based on a threshold
Settings
Candles to average (default 20): Window length for SMA calculations.
Decimals: Rounding precision for display.
Dashboard position: Top/Middle/Bottom Right.
Dashboard size: Tiny, Small, Normal, Large, Huge.
Background Color: Panel background.
Text Color (size rows): For non-bias rows.
Near-zero threshold (%): If the average body bias absolute value is below this, show neutral (⟷) instead of bullish/bearish.
What to show (toggles):
Show Body (Open→Close)
Show Full Range (High→Low)
Show True Range (ATR-style)
What You’ll See
Body size: average absolute body percent (magnitude only).
Body bias: average signed body percent with:
↑ and green if bullish
↓ and red if bearish
⟷ and gray if within the near-zero threshold
Full Range: average percent from High to Low.
True Range: average percent true range relative to previous close.
Footer: n = number of candles used.
How to Use
Add to any chart and timeframe; it overlays a table on the right-side.
Use “Body size” to assess typical candle strength.
Use “Body bias” to see directional skew:
Strong positive = persistent buying pressure.
Strong negative = persistent selling pressure.
Near-zero = balanced/sideways conditions.
Compare “Full range” vs “Body size”:
Large range but small body may indicate indecision or wicky conditions.
“True range” offers a classic ATR-style read (relative to prior close), useful for volatility-aware sizing.
Adjust “Candles to average” to your timeframe:
Short-term (scalps): 20–50
Intraday: 50–100
Swing: 100–200+
Best Practices
Pair with structure (S/R, sessions) to avoid false impressions in thin markets.
Increase length on noisy pairs/timeframes to smooth out noise.
Use the near-zero threshold to suppress micro-bias and focus on meaningful shifts.
Alerts
This dashboard is informational and doesn’t define alertconditions in the code. If you’d like, I can add optional alerts (e.g., bias flips from bearish to bullish beyond threshold, or volatility spikes on TR) — just say the word.
Limitations
This panel summarizes recent averages; it’s not a signal generator.
Values can differ across assets/timeframes; tune “Candles to average.”
True Range uses prev close normalization; that’s by design for ATR-style context.
Changelog
v1.0: Initial release — Body size, Body bias (with arrows/colors/neutral), Full Range, True Range, configurable UI.
Volume HeatMap Divergence [BigBeluga]🔵 OVERVIEW
The Volume HeatMap Divergence is a smart volume visualization tool that overlays normalized volume data directly on the chart. Using a color heatmap from aqua to red, it transforms raw volume into an intuitive scale — highlighting areas of weak to intense market participation. Additionally, it detects volume-based divergences from price to signal potential reversals or exhaustion zones. Combined with clear visual labeling, this tool empowers traders with actionable volume insights.
🔵 CONCEPTS
Normalized Volume Heatmap : Volume is normalized to a 0–100% scale and visually represented as candles below the chart.
float vol = volume / ta.percentile_nearest_rank(volume, 1000, 100) * 100
Bar Coloring : Price candles are dynamically colored based on volume intensity.
Volume Divergence Logic :
Bullish Divergence : Price forms a lower low, but volume forms a higher low.
Bearish Divergence : Price forms a higher high, but volume forms a lower high.
Dynamic Detection Range : Customizable range ensures divergence signals are meaningful and not random.
Volume Labels : Additional info on divergence bars shows both the actual volume and its normalized % score.
🔵 FEATURES
Volume Heatmap Plot : Normalized volume values colored using a smooth gradient from aqua (low) to red (high).
Price Bar Coloring : Candlesticks on the main chart adopt the same heatmap color based on volume.
Divergence Detection :
Bullish divergence with label and low marker
Bearish divergence with label and high marker
Dual Divergence Labels :
On the volume plot : Direction (Bull/Bear), raw volume, and normalized %
On the price chart : Shape labels showing "Bull" or "Bear" at local highs/lows
Custom Inputs :
Divergence range (min & max), pivot detection distance (left/right)
Toggle to show/hide divergence labels, volume, and % text
Clear Bull/Bear Coloring : Fully customizable label and line colors for both bullish and bearish signals.
🔵 HOW TO USE
Use the indicator as an overlay to monitor real-time volume strength using the heatmap color.
Watch for divergence markers:
Bullish divergence: Candle shows higher volume while price makes a new low
Bearish divergence: Candle shows lower volume while price makes a new high
Use the volume info labels to verify the context of divergence:
Actual volume at divergence candle
Normalized % of that volume compared to past 1000 bars
Adjust pivot sensitivity using "Pivot Left" and "Pivot Right" to tune signal frequency and lag with a right pivot length.
Use divergence zones as early warnings for potential reversals or trend shifts.
Disable or customize labels in settings depending on your charting preferences.
🔵 CONCLUSION
Volume HeatMap Divergence merges heatmap-style volume visualization with intelligent divergence detection — giving traders a clean yet powerful edge. By revealing hidden disconnections between price and participation, it helps users spot exhaustion moves or hidden accumulation zones before the market reacts. Whether you’re a scalper, swing trader, or intraday strategist, this tool offers real-time clarity on who’s in control behind the candles.
