Mars Signals - Ultimate Institutional Suite v3.0(Joker)Comprehensive Trading Manual
Mars Signals – Ultimate Institutional Suite v3.0 (Joker)
## Chapter 1 – Philosophy & System Architecture
This script is not a simple “buy/sell” indicator.
Mars Signals – UIS v3.0 (Joker) is designed as an institutional-style analytical assistant that layers several methodologies into a single, coherent framework.
The system is built on four core pillars:
1. Smart Money Concepts (SMC)
- Detection of Order Blocks (professional demand/supply zones).
- Detection of Fair Value Gaps (FVGs) (price imbalances).
2. Smart DCA Strategy
- Combination of RSI and Bollinger Bands
- Identifies statistically discounted zones for scaling into spot positions or exiting shorts.
3. Volume Profile (Visible Range Simulation)
- Distribution of volume by price, not by time.
- Identification of POC (Point of Control) and high-/low-volume areas.
4. Wyckoff Helper – Spring
- Detection of bear traps, liquidity grabs, and sharp bullish reversals.
All four pillars feed into a Confluence Engine (Scoring System).
The final output is presented in the Dashboard, with a clear, human-readable signal:
- STRONG LONG 🚀
- WEAK LONG ↗
- NEUTRAL / WAIT
- WEAK SHORT ↘
- STRONG SHORT 🩸
This allows the trader to see *how many* and *which* layers of the system support a bullish or bearish bias at any given time.
## Chapter 2 – Settings Overview
### 2.1 General & Dashboard Group
- Show Dashboard Panel (`show_dash`)
Turns the dashboard table in the corner of the chart ON/OFF.
- Show Signal Recommendation (`show_rec`)
- If enabled, the textual signal (STRONG LONG, WEAK SHORT, etc.) is displayed.
- If disabled, you only see feature status (ON/OFF) and the current price.
- Dashboard Position (`dash_pos`)
Determines where the dashboard appears on the chart:
- `Top Right`
- `Bottom Right`
- `Top Left`
### 2.2 Smart Money (SMC) Group
- Enable SMC Strategy (`show_smc`)
Globally enables or disables the Order Block and FVG logic.
- Order Block Pivot Lookback (`ob_period`)
Main parameter for detecting key pivot highs/lows (swing points).
- Default value: 5
- Concept:
A bar is considered a pivot low if its low is lower than the lows of the previous 5 and the next 5 bars.
Similarly, a pivot high has a high higher than the previous 5 and the next 5 bars.
These pivots are used as anchors for Order Blocks.
- Increasing `ob_period`:
- Fewer levels.
- But levels tend to be more significant and reliable.
- In highly volatile markets (major news, war events, FOMC, etc.),
using values 7–10 is recommended to filter out weak levels.
- Show Fair Value Gaps (`show_fvg`)
Enables/disables the drawing of FVG zones (imbalances).
- Bullish OB Color (`c_ob_bull`)
- Color of Bullish Order Blocks (Demand Zones).
- Default: semi-transparent green (transparency ≈ 80).
- Bearish OB Color (`c_ob_bear`)
- Color of Bearish Order Blocks (Supply Zones).
- Default: semi-transparent red.
- Bullish FVG Color (`c_fvg_bull`)
- Color of Bullish FVG (upward imbalance), typically yellow.
- Bearish FVG Color (`c_fvg_bear`)
- Color of Bearish FVG (downward imbalance), typically purple.
### 2.3 Smart DCA Strategy Group
- Enable DCA Zones (`show_dca`)
Enables the Smart DCA logic and visual labels.
- RSI Length (`rsi_len`)
Lookback period for RSI (default: 14).
- Shorter → more sensitive, more noise.
- Longer → fewer signals, higher reliability.
- Bollinger Bands Length (`bb_len`)
Moving average period for Bollinger Bands (default: 20).
- BB Multiplier (`bb_mult`)
Standard deviation multiplier for Bollinger Bands (default: 2.0).
- For extremely volatile markets, values like 2.5–3.0 can be used so that only extreme deviations trigger a DCA signal.
### 2.4 Volume Profile (Visible Range Sim) Group
- Show Volume Profile (`show_vp`)
Enables the simulated Volume Profile bars on the right side of the chart.
- Volume Lookback Bars (`vp_lookback`)
Number of bars used to compute the Volume Profile (default: 150).
- Higher values → broader historical context, heavier computation.
- Row Count (`vp_rows`)
Number of vertical price segments (rows) to divide the total price range into (default: 30).
- Width (%) (`vp_width`)
Relative width of each volume bar as a percentage.
In the code, bar widths are scaled relative to the row with the maximum volume.
> Technical note: Volume Profile calculations are executed only on the last bar (`barstate.islast`) to keep the script performant even on higher timeframes.
### 2.5 Wyckoff Helper Group
- Show Wyckoff Events (`show_wyc`)
Enables detection and plotting of Wyckoff Spring events.
- Volume MA Length (`vol_ma_len`)
Length of the moving average on volume.
A bar is considered to have Ultra Volume if its volume is more than 2× the volume MA.
## Chapter 3 – Smart Money Strategy (Order Blocks & FVG)
### 3.1 What Is an Order Block?
An Order Block (OB) represents the footprint of large institutional orders:
- Bullish Order Block (Demand Zone)
The last selling region (bearish candle/cluster) before a strong upward move.
- Bearish Order Block (Supply Zone)
The last buying region (bullish candle/cluster) before a strong downward move.
Institutions and large players place heavy orders in these regions. Typical price behavior:
- Price moves away from the zone.
- Later returns to the same zone to fill unfilled orders.
- Then continues the larger trend.
In the script:
- If `pl` (pivot low) forms → a Bullish OB is created.
- If `ph` (pivot high) forms → a Bearish OB is created.
The box is drawn:
- From `bar_index ` to `bar_index`.
- Between `low ` and `high `.
- `extend=extend.right` extends the OB into the future, so it acts as a dynamic support/resistance zone.
- Only the last 4 OB boxes are kept to avoid clutter.
### 3.2 Order Block Color Guide
- Semi-transparent Green (`c_ob_bull`)
- Represents a Bullish Order Block (Demand Zone).
- Interpretation: a price region with a high probability of bullish reaction.
- Semi-transparent Red (`c_ob_bear`)
- Represents a Bearish Order Block (Supply Zone).
- Interpretation: a price region with a high probability of bearish reaction.
Overlap (Multiple OBs in the Same Area)
When two or more Order Blocks overlap:
- The shared area appears visually denser/stronger.
- This suggests higher order density.
- Such zones can be treated as high-priority levels for entries, exits, and stop-loss placement.
### 3.3 Demand/Supply Logic in the Scoring Engine
is_in_demand = low <= ta.lowest(low, 20)
is_in_supply = high >= ta.highest(high, 20)
- If current price is near the lowest lows of the last 20 bars, it is considered in a Demand Zone → positive impact on score.
- If current price is near the highest highs of the last 20 bars, it is considered in a Supply Zone → negative impact on score.
This logic complements Order Blocks and helps the Dashboard distinguish whether:
- Market is currently in a statistically cheap (long-friendly) area, or
- In a statistically expensive (short-friendly) area.
### 3.4 Fair Value Gaps (FVG)
#### Concept
When the market moves aggressively:
- Some price levels are skipped and never traded.
- A gap between wicks/shadows of consecutive candles appears.
- These regions are called Fair Value Gaps (FVGs) or Imbalances.
The market generally “dislikes” imbalance and often:
- Returns to these zones in the future.
- Fills the gap (rebalance).
- Then resumes its dominant direction.
#### Implementation in the Code
Bullish FVG (Yellow)
fvg_bull_cond = show_smc and show_fvg and low > high and close > high
if fvg_bull_cond
box.new(bar_index , high , bar_index, low, ...)
Core condition:
`low > high ` → the current low is above the high of two bars ago; the space between them is an untraded gap.
Bearish FVG (Purple)
fvg_bear_cond = show_smc and show_fvg and high < low and close < low
if fvg_bear_cond
box.new(bar_index , low , bar_index, high, ...)
Core condition:
`high < low ` → the current high is below the low of two bars ago; again a price gap exists.
#### FVG Color Guide
- Transparent Yellow (`c_fvg_bull`) – Bullish FVG
Often acts like a magnet for price:
- Price tends to retrace into this zone,
- Fill the imbalance,
- And then continue higher.
- Transparent Purple (`c_fvg_bear`) – Bearish FVG
Price tends to:
- Retrace upward into the purple area,
- Fill the imbalance,
- And then resume downward movement.
#### Trading with FVGs
- FVGs are *not* standalone entry signals.
They are best used as:
- Targets (take-profit zones), or
- Reaction areas where you expect a pause or reversal.
Examples:
- If you are long, a bearish FVG above is often an excellent take-profit zone.
- If you are short, a bullish FVG below is often a good cover/exit zone.
### 3.5 Core SMC Trading Templates
#### Reversal Long
1. Price trades down into a green Order Block (Demand Zone).
2. A bullish confirmation candle (Close > Open) forms inside or just above the OB.
3. If this zone is close to or aligned with a bullish FVG (yellow), the signal is reinforced.
4. Entry:
- At the close of the confirmation candle, or
- Using a limit order near the upper boundary of the OB.
5. Stop-loss:
- Slightly below the OB.
- If the OB is broken decisively and price consolidates below it, the zone loses validity.
6. Targets:
- The next FVG,
- Or the next red Order Block (Supply Zone) above.
#### Reversal Short
The mirror scenario:
- Price rallies into a red Order Block (Supply).
- A bearish confirmation candle forms (Close < Open).
- FVG/premium structure above can act as a confluence.
- Stop-loss goes above the OB.
- Targets: lower FVGs or subsequent green OBs below.
## Chapter 4 – Smart DCA Strategy (RSI + Bollinger Bands)
### 4.1 Smart DCA Concept
- Classic DCA = buying at fixed time intervals regardless of price.
- Smart DCA = scaling in only when:
- Price is statistically cheaper than usual, and
- The market is in a clear oversold condition.
Code logic:
rsi_val = ta.rsi(close, rsi_len)
= ta.bb(close, bb_len, bb_mult)
dca_buy = show_dca and rsi_val < 30 and close < bb_lower
dca_sell = show_dca and rsi_val > 70 and close > bb_upper
Conditions:
- DCA Buy – Smart Scale-In Zone
- RSI < 30 → oversold.
- Close < lower Bollinger Band → price has broken below its typical volatility envelope.
- DCA Sell – Overbought/Distribution Zone
- RSI > 70 → overbought.
- Close > upper Bollinger Band → price is extended far above the mean.
### 4.2 Visual Representation on the Chart
- Green “DCA” Label Below Candle
- Shape: `labelup`.
- Color: lime background, white text.
- Meaning: statistically attractive level for laddered spot entries or short exits.
- Red “SELL” Label Above Candle
- Warning that the market is in an extended, overbought condition.
- Suitable for profit-taking on longs or considering short entries (with proper confluence and risk management).
- Light Green Background (`bgcolor`)
- When `dca_buy` is true, the candle background turns very light green (high transparency).
- This helps visually identify DCA Zones across the chart at a glance.
### 4.3 Practical Use in Trading
#### Spot Trading
Used to build a better average entry price:
- Every time a DCA label appears, allocate a fixed portion of capital (e.g., 2–5%).
- Combining DCA signals with:
- Green OBs (Demand Zones), and/or
- The Volume Profile POC
makes the zone structurally more important.
#### Futures Trading
- Longs
- Use DCA Buy signals as low-risk zones for opening or adding to longs when:
- Price is inside a green OB, or
- The Dashboard already leans LONG.
- Shorts
- Use DCA Sell signals as:
- Exit zones for longs, or
- Areas to initiate shorts with stops above structural highs.
## Chapter 5 – Volume Profile (Visible Range Simulation)
### 5.1 Concept
Traditional volume (histogram under the chart) shows volume over time.
Volume Profile shows volume by price level:
- At which prices has the highest trading activity occurred?
- Where did buyers and sellers agree the most (High Volume Nodes – HVNs)?
- Where did price move quickly due to low participation (Low Volume Nodes – LVNs)?
### 5.2 Implementation in the Script
Executed only when `show_vp` is enabled and on the last bar:
1. The last `vp_lookback` bars (default 150) are processed.
2. The minimum low and maximum high over this window define the price range.
3. This price range is divided into `vp_rows` segments (e.g., 30 rows).
4. For each row:
- All bars are scanned.
- If the mid-price `(high + low ) / 2` falls inside a row, that bar’s volume is added to the row total.
5. The row with the greatest volume is stored as `max_vol_idx` (the POC row).
6. For each row, a volume box is drawn on the right side of the chart.
### 5.3 Color Scheme
- Semi-transparent Orange
- The row with the maximum volume – the Point of Control (POC).
- Represents the strongest support/resistance level from a volume perspective.
- Semi-transparent Blue
- Other volume rows.
- The taller the bar → the higher the volume → the stronger the interest at that price band.
### 5.4 Trading Applications
- If price is above POC and retraces back into it:
→ POC often acts as support, suitable for long setups.
- If price is below POC and rallies into it:
→ POC often acts as resistance, suitable for short setups or profit-taking.
HVNs (Tall Blue Bars)
- Represent areas of equilibrium where the market has spent time and traded heavily.
- Price tends to consolidate here before choosing a direction.
LVNs (Short or Nearly Empty Bars)
- Represent low participation zones.
- Price often moves quickly through these areas – useful for targeting fast moves.
## Chapter 6 – Wyckoff Helper – Spring
### 6.1 Spring Concept
In the Wyckoff framework:
- A Spring is a false break of support.
- The market briefly trades below a well-defined support level, triggers stop losses,
then sharply reverses upward as institutional buyers absorb liquidity.
This movement:
- Clears out weak hands (retail sellers).
- Provides large players with liquidity to enter long positions.
- Often initiates a new uptrend.
### 6.2 Code Logic
Conditions for a Spring:
1. The current low is lower than the lowest low of the previous 50 bars
→ apparent break of a long-standing support.
2. The bar closes bullish (Close > Open)
→ the breakdown was rejected.
3. Volume is significantly elevated:
→ `volume > 2 × volume_MA` (Ultra Volume).
When all conditions are met and `show_wyc` is enabled:
- A pink diamond is plotted below the bar,
- With the label “Spring” – one of the strongest long signals in this system.
### 6.3 Trading Use
- After a valid Spring, markets frequently enter a meaningful bullish phase.
- The highest quality setups occur when:
- The Spring forms inside a green Order Block, and
- Near or on the Volume Profile POC.
Entries:
- At the close of the Spring bar, or
- On the first pullback into the mid-range of the Spring candle.
Stop-loss:
- Slightly below the Spring’s lowest point (wick low plus a small buffer).
## Chapter 7 – Confluence Engine & Dashboard
### 7.1 Scoring Logic
For each bar, the script:
1. Resets `score` to 0.
2. Adjusts the score based on different signals.
SMC Contribution
if show_smc
if is_in_demand
score += 1
if is_in_supply
score -= 1
- Being in Demand → `+1`
- Being in Supply → `-1`
DCA Contribution
if show_dca
if dca_buy
score += 2
if dca_sell
score -= 2
- DCA Buy → `+2` (strong, statistically driven long signal)
- DCA Sell → `-2`
Wyckoff Spring Contribution
if show_wyc
if wyc_spring
score += 2
- Spring → `+2` (entry of strong money)
### 7.2 Mapping Score to Dashboard Signal
- score ≥ 2 → STRONG LONG 🚀
Multiple bullish conditions aligned.
- score = 1 → WEAK LONG ↗
Some bullish bias, but only one layer clearly positive.
- score = 0 → NEUTRAL / WAIT
Rough balance between buying and selling forces; staying flat is usually preferable.
- score = -1 → WEAK SHORT ↘
Mild bearish bias, suited for cautious or short-term plays.
- score ≤ -2 → STRONG SHORT 🩸
Convergence of several bearish signals.
### 7.3 Dashboard Structure
The dashboard is a two-column table:
- Row 0
- Column 0: `"Mars Signals"` – black background, white text.
- Column 1: `"UIS v3.0"` – black background, yellow text.
- Row 1
- Column 0: `"Price:"` (light grey background).
- Column 1: current closing price (`close`) with a semi-transparent blue background.
- Row 2
- Column 0: `"SMC:"`
- Column 1:
- `"ON"` (green) if `show_smc = true`
- `"OFF"` (grey) otherwise.
- Row 3
- Column 0: `"DCA:"`
- Column 1:
- `"ON"` (green) if `show_dca = true`
- `"OFF"` (grey) otherwise.
- Row 4
- Column 0: `"Signal:"`
- Column 1: signal text (`status_txt`) with background color `status_col`
(green, red, teal, maroon, etc.)
- If `show_rec = false`, these cells are cleared.
## Chapter 8 – Visual Legend (Colors, Shapes & Actions)
For quick reading inside TradingView, the visual elements are described line by line instead of a table.
Chart Element: Green Box
Color / Shape: Transparent green rectangle
Core Meaning: Bullish Order Block (Demand Zone)
Suggested Trader Response: Look for longs, Smart DCA adds, closing or reducing shorts.
Chart Element: Red Box
Color / Shape: Transparent red rectangle
Core Meaning: Bearish Order Block (Supply Zone)
Suggested Trader Response: Look for shorts, or take profit on existing longs.
Chart Element: Yellow Area
Color / Shape: Transparent yellow zone
Core Meaning: Bullish FVG / upside imbalance
Suggested Trader Response: Short take-profit zone or expected rebalance area.
Chart Element: Purple Area
Color / Shape: Transparent purple zone
Core Meaning: Bearish FVG / downside imbalance
Suggested Trader Response: Long take-profit zone or temporary supply region.
Chart Element: Green "DCA" Label
Color / Shape: Green label with white text, plotted below the candle
Core Meaning: Smart ladder-in buy zone, DCA buy opportunity
Suggested Trader Response: Spot DCA entry, partial short exit.
Chart Element: Red "SELL" Label
Color / Shape: Red label with white text, plotted above the candle
Core Meaning: Overbought / distribution zone
Suggested Trader Response: Take profit on longs, consider initiating shorts.
Chart Element: Light Green Background (bgcolor)
Color / Shape: Very transparent light-green background behind bars
Core Meaning: Active DCA Buy zone
Suggested Trader Response: Treat as a discount zone on the chart.
Chart Element: Orange Bar on Right
Color / Shape: Transparent orange horizontal bar in the volume profile
Core Meaning: POC – price with highest traded volume
Suggested Trader Response: Strong support or resistance; key reference level.
Chart Element: Blue Bars on Right
Color / Shape: Transparent blue horizontal bars in the volume profile
Core Meaning: Other volume levels, showing high-volume and low-volume nodes
Suggested Trader Response: Use to identify balance zones (HVN) and fast-move corridors (LVN).
Chart Element: Pink "Spring" Diamond
Color / Shape: Pink diamond with white text below the candle
Core Meaning: Wyckoff Spring – liquidity grab and potential major bullish reversal
Suggested Trader Response: One of the strongest long signals in the suite; look for high-quality long setups with tight risk.
Chart Element: STRONG LONG in Dashboard
Color / Shape: Green background, white text in the Signal row
Core Meaning: Multiple bullish layers in confluence
Suggested Trader Response: Consider initiating or increasing longs with strict risk management.
Chart Element: STRONG SHORT in Dashboard
Color / Shape: Red background, white text in the Signal row
Core Meaning: Multiple bearish layers in confluence
Suggested Trader Response: Consider initiating or increasing shorts with a logical, well-placed stop.
## Chapter 9 – Timeframe-Based Trading Playbook
### 9.1 Timeframe Selection
- Scalping
- Timeframes: 1M, 5M, 15M
- Objective: fast intraday moves (minutes to a few hours).
- Recommendation: focus on SMC + Wyckoff.
Smart DCA on very low timeframes may introduce excessive noise.
- Day Trading
- Timeframes: 15M, 1H, 4H
- Provides a good balance between signal quality and frequency.
- Recommendation: use the full stack – SMC + DCA + Volume Profile + Wyckoff + Dashboard.
- Swing Trading & Position Investing
- Timeframes: Daily, Weekly
- Emphasis on Smart DCA + Volume Profile.
- SMC and Wyckoff are used mainly to fine-tune swing entries within larger trends.
### 9.2 Scenario A – Scalping Long
Example: 5-Minute Chart
1. Price is declining into a green OB (Bullish Demand).
2. A candle with a long lower wick and bullish close (Pin Bar / Rejection) forms inside the OB.
3. A Spring diamond appears below the same candle → very strong confluence.
4. The Dashboard shows at least WEAK LONG ↗, ideally STRONG LONG 🚀.
5. Entry:
- On the close of the confirmation candle, or
- On the first pullback into the mid-range of that candle.
6. Stop-loss:
- Slightly below the OB.
7. Targets:
- Nearby bearish FVG above, and/or
- The next red OB.
### 9.3 Scenario B – Day-Trading Short
Recommended Timeframes: 1H or 4H
1. The market completes a strong impulsive move upward.
2. Price enters a red Order Block (Supply).
3. In the same zone, a purple FVG appears or remains unfilled.
4. On a lower timeframe (e.g., 15M), RSI enters overbought territory and a DCA Sell signal appears.
5. The main timeframe Dashboard (1H) shows WEAK SHORT ↘ or STRONG SHORT 🩸.
Trade Plan
- Open a short near the upper boundary of the red OB.
- Place the stop above the OB or above the last swing high.
- Targets:
- A yellow FVG lower on the chart, and/or
- The next green OB (Demand) below.
### 9.4 Scenario C – Swing / Investment with Smart DCA
Timeframes: Daily / Weekly
1. On the daily or weekly chart, each time a green “DCA” label appears:
- Allocate a fixed fraction of your capital (e.g., 3–5%) to that asset.
2. Check whether this DCA zone aligns with the orange POC of the Volume Profile:
- If yes → the quality of the entry zone is significantly higher.
3. If the DCA signal sits inside a daily green OB, the probability of a medium-term bottom increases.
4. Always build the position laddered, never all-in at a single price.
Exits for investors:
- Near weekly red OBs or large purple FVG zones.
- Ideally via partial profit-taking rather than closing 100% at once.
### 9.5 Case Study 1 – BTCUSDT (15-Minute)
- Context: Price has sold off down towards 65,000 USD.
- A green OB had previously formed at that level.
- Near the lower boundary of this OB, a partially filled yellow FVG is present.
- As price returns to this region, a Spring appears.
- The Dashboard shifts from NEUTRAL / WAIT to WEAK LONG ↗.
Plan
- Enter a long near the OB low.
- Place stop below the Spring low.
- First target: a purple FVG around 66,200.
- Second (optional) target: the first red OB above that level.
### 9.6 Case Study 2 – Meme Coin (PEPE – 4H)
- After a strong pump, price enters a corrective phase.
- On the 4H chart, RSI drops below 30; price breaks below the lower Bollinger Band → a DCA label prints.
- The Volume Profile shows the POC at approximately the same level.
- The Dashboard displays STRONG LONG 🚀.
Plan
- Execute laddered buys in the combined DCA + POC zone.
- Place a protective stop below the last significant swing low.
- Target: an expected 20–30% upside move towards the next red OB or purple FVG.
## Chapter 10 – Risk Management, Psychology & Advanced Tuning
### 10.1 Risk Management
No signal, regardless of its strength, replaces risk control.
Recommendations:
- In futures, do not expose more than 1–3% of account equity to risk per trade.
- Adjust leverage to the volatility of the instrument (lower leverage for highly volatile altcoins).
- Place stop-losses in zones where the idea is clearly invalidated:
- Below/above the relevant Order Block or Spring, not randomly in the middle of the structure.
### 10.2 Market-Specific Parameter Tuning
- Calmer Markets (e.g., major FX pairs)
- `ob_period`: 3–5.
- `bb_mult`: 2.0 is usually sufficient.
- Highly Volatile Markets (Crypto, news-driven assets)
- `ob_period`: 7–10 to highlight only the most robust OBs.
- `bb_mult`: 2.5–3.0 so that only extreme deviations trigger DCA.
- `vol_ma_len`: increase (e.g., to ~30) so that Spring triggers only on truly exceptional
volume spikes.
### 10.3 Trading Psychology
- STRONG LONG 🚀 does not mean “risk-free”.
It means the probability of a successful long, given the model’s logic, is higher than average.
- Treat Mars Signals as a confirmation and context system, not a full replacement for your own decision-making.
- Example of disciplined thinking:
- The Dashboard prints STRONG LONG,
- But price is simultaneously testing a multi-month macro resistance or a major negative news event is imminent,
- In such cases, trade smaller, widen stops appropriately, or skip the trade.
## Chapter 11 – Technical Notes & FAQ
### 11.1 Does the Script Repaint?
- Order Blocks and Springs are based on completed pivot structures and confirmed candles.
- Until a pivot is confirmed, an OB does not exist; after confirmation, behavior is stable under classic SMC assumptions.
- The script is designed to be structurally consistent rather than repainting signals arbitrarily.
### 11.2 Computational Load of Volume Profile
- On the last bar, the script processes up to `vp_lookback` bars × `vp_rows` rows.
- On very low timeframes with heavy zooming, this can become demanding.
- If you experience performance issues:
- Reduce `vp_lookback` or `vp_rows`, or
- Temporarily disable Volume Profile (`show_vp = false`).
### 11.3 Multi-Timeframe Behavior
- This version of the script is not internally multi-timeframe.
All logic (OB, DCA, Spring, Volume Profile) is computed on the active timeframe only.
- Practical workflow:
- Analyze overall structure and key zones on higher timeframes (4H / Daily).
- Use lower timeframes (15M / 1H) with the same tool for timing entries and exits.
## Conclusion
Mars Signals – Ultimate Institutional Suite v3.0 (Joker) is a multi-layer trading framework that unifies:
- Price structure (Order Blocks & FVG),
- Statistical behavior (Smart DCA via RSI + Bollinger),
- Volume distribution by price (Volume Profile with POC, HVN, LVN),
- Liquidity events (Wyckoff Spring),
into a single, coherent system driven by a transparent Confluence Scoring Engine.
The final output is presented in clear, actionable language:
> STRONG LONG / WEAK LONG / NEUTRAL / WEAK SHORT / STRONG SHORT
The system is designed to support professional decision-making, not to replace it.
Used together with strict risk management and disciplined execution,
Mars Signals – UIS v3.0 (Joker) can serve as a central reference manual and operational guide
for your trading workflow, from scalping to swing and investment positioning.
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Vector CPR Bands## Overview
The Vector CPR Bands indicator enhances the classic Central Pivot Range (CPR) by incorporating "vector" detection—identifying periods with above-average or climactic volume. It projects CPR ranges from these high-volume periods forward as visual bands, which act as persistent support/resistance zones until invalidated by price action. Ideal for spotting key levels in trending or ranging markets, especially on higher timeframes like weekly or monthly.
## Key Features
- **CPR Calculation**: Plots previous, developing (non-repainting), and repainting CPR with mid-pivot, TC (top central), and BC (bottom central) lines, plus fills.
- **Vector Detection**: Scans for high-volume bars in the anchor timeframe (default weekly). Flags "above-average" (≥1.5x avg) or "large" (≥2x avg or max climax).
- **Band Projection**: Creates bands from vector-qualified CPR periods. Extends them rightward until touched/revisited (configurable: invalidate on wick/close, delete or freeze/gray out).
- **Customization**:
- Timeframe: Set CPR anchor (e.g., 'W' for weekly, 'M' for monthly).
- Display: Toggle CPR types, pivot guides.
- Volume Thresholds: Adjust lookback and ratios.
- De-clutter: Limit max bands, pin to period start, always extend.
- **Alerts & Signals**: Built-in alerts for developing pivot crossing previous pivot (bullish/bearish).
## How to Use
1. Add to chart and set anchor timeframe (e.g., 'M' for monthly vCPR on BTC, as shown in example charts).
2. Watch bands as S/R: Virgin (untested) bands often provide strong bounces; mitigated ones fade.
3. Combine with volume/price action: Bullish bands suggest upside bias, especially if price holds above.
4. Example: On BTC weekly, vector bands from high-volume weeks highlight multi-month zones—breaks signal shifts.
HTF Candles Pro by MurshidFx# HTF Candles Pro by MurshidFx
## Professional Trading Indicator for Multi-Timeframe Market Structure Analysis
**HTF Candles Pro** is an advanced, open-source trading indicator that synthesizes Higher Timeframe (HTF) candle visualization with CISD (Change in State of Delivery) detection, providing comprehensive market structure analysis across multiple timeframes. Designed for traders at all experience levels—from scalpers to swing traders—this tool enables precise alignment of trades with higher timeframe momentum while identifying critical market structure transitions.
---
## Core Functionality
This indicator integrates three essential analytical frameworks:
- **HTF Candle Visualization** – Inspired by the innovative work of Fadi x MMT's MTF Candles indicator
- **CISD Detection System** – Algorithmic identification of significant market structure reversals
- **Intelligent Session Level Management** – Automated consolidation of overlapping session markers for enhanced chart clarity
The result is a sophisticated yet streamlined analytical tool that delivers actionable market insights with minimal visual complexity.
---
## Feature Set
### Higher Timeframe Candle Analysis
Monitor higher timeframe price action seamlessly without chart switching. The indicator employs automatic HTF selection based on current timeframe, with manual override capability.
**Components:**
- **Primary HTF Display**: Automatically positioned adjacent to current price action
- **Secondary HTF Display**: Optional dual-timeframe analysis capability
- **Adaptive Time Labeling**: Context-aware formatting (intraday times, day names, week numbers)
- **Real-Time Countdown**: Optional timer displaying remaining time until HTF candle close
- **Customizable Color Schemes**: Full color customization for bullish and bearish candles
### CISD Detection (Change in State of Delivery)
The CISD system identifies critical inflection points where market structure undergoes directional change, signaling potential trend reversals or continuations.
**Mechanism:**
- **Market Structure Monitoring**: Continuous tracking of swing highs and lows
- **Liquidity Sweep Detection**: Identification of stop-hunt patterns preceding reversals
- **Reversal Confirmation**: Validation-based CISD level plotting upon structure break confirmation
- **Clear Visual Signals**: Bullish CISD (blue) and bearish CISD (red) demarcation
- **Optimized Display**: Default 5-bar line length (adjustable) minimizes chart clutter
**Technical Definition:**
CISD occurs when price breaches structure in one direction—typically sweeping liquidity and triggering stops—then reverses to break structure in the opposite direction, indicating a fundamental shift in market delivery bias.
### Intelligent Session Level Management
Eliminates visual clutter caused by overlapping session opens at identical price levels through automated consolidation.
**Functionality:**
- **Automatic Consolidation**: Merges multiple concurrent session opens into single reference lines
- **Combined Labeling**: Creates unified labels (e.g., "Week-Day Open," "4H-Day-Week Open")
- **Enhanced Clarity**: Maintains professional chart aesthetics while preserving all relevant information
**Supported Session Intervals:**
- 30-Minute Opens
- 4-Hour Opens
- Daily Opens
- Weekly Opens
- Monthly Opens
### Advanced Market Structure Tools
**Liquidity Sweep Identification:**
Highlights price wicks extending beyond previous HTF extremes that close within range—characteristic liquidity grab patterns.
**HTF Midpoint Reference:**
Displays the 50% retracement level of the most recent completed HTF candle, serving as a key reference for entries and profit targets.
**HTF Opening Price:**
Tracks current HTF candle open price, frequently functioning as dynamic support or resistance.
**Interval Demarcation:**
Visual separators defining HTF period boundaries for enhanced temporal clarity.
### Information Dashboard
Compact, customizable dashboard displaying:
- Current symbol and active timeframe
- HTF candle countdown timer
- Active trading session (Asia/London/New York)
- Current date and time
Flexible positioning: configurable for any chart corner.
---
## Default Configuration
Optimized settings for immediate professional-grade chart presentation:
- **Secondary HTF**: Disabled (enable for multi-timeframe comparative analysis)
- **CISD Bullish Color**: Blue (#0080ff) – optimal visibility with reduced eye strain
- **CISD Line Width**: 1 pixel – subtle yet discernible
- **CISD Line Length**: 5 bars – balanced visibility without excessive clutter
- **Session Opens**: Smart consolidation enabled – eliminates overlapping labels
---
## Application Strategies
### Trend Following
1. Monitor CISD confirmations aligned with HTF trend direction
2. Utilize HTF candle color for directional bias confirmation
3. Execute entries on pullbacks to HTF midpoint or open price levels
### Reversal Trading
1. Identify counter-trend CISD formations
2. Await HTF candle close confirming new directional bias
3. Use session opens as secondary confirmation levels
### Scalping
1. Trade exclusively in HTF candle direction
2. Employ lower timeframe CISD signals for precise entry timing
3. Target HTF midpoint or subsequent session open levels
### Structure-Based Trading
1. Mark liquidity sweep levels as potential reversal zones
2. Monitor CISD formations at key session opens
3. Confirm trend changes via HTF candle closes
---
## Customization Parameters
Comprehensive customization options:
- **Color Schemes**: Independent control of bull/bear candles, borders, CISD signals, session levels
- **Dimensional Settings**: Candle width, line thickness, label sizing
- **Display Quantities**: HTF candle count (1-10 range)
- **Positioning**: Candle offset, dashboard placement, label positioning
- **Line Styles**: Solid, dashed, or dotted rendering
- **Timeframe Selection**: Manual secondary HTF specification
---
## Attribution
**HTF Candle Visualization:**
The HTF candle rendering methodology draws inspiration from Fadi x MMT's "MTF Candles" indicator. Their elegant implementation of multi-timeframe candle visualization provided valuable reference for this development. Recognition and appreciation to their contribution to the TradingView community.
**CISD Detection:**
Proprietary CISD detection algorithm engineered to identify market structure transitions with high signal clarity and reduced false positive rate.
**Session Level Consolidation:**
Custom-developed intelligent grouping system addressing the common challenge of overlapping session labels at coincident price levels.
---
## Open Source License
This indicator is released as open source for the TradingView community. Permitted uses include:
- Implementation in live trading
- Educational study for Pine Script learning
- Personal modification and customization
- Distribution among trading communities
Community contributions, improvements, and derivative works are welcomed and encouraged.
---
## Implementation Guide
1. **Installation**: Click "Add to Chart"
2. **Configuration Access**: Open indicator settings panel
3. **Initial Use**: Default settings provide optimal starting configuration
4. **Optional Features**: Enable secondary HTF for multi-timeframe analysis
5. **Theme Integration**: Adjust color schemes to match chart aesthetics
---
## Best Practices
**Timeframe Optimization:**
- 1-5 minute charts: Optimal with 15m or 1H HTF
- 15-30 minute charts: Effective with 4H HTF
- 1-4 hour charts: Suitable for Daily HTF
- Daily charts: Best utilized with Weekly/Monthly HTF
**CISD Trading Guidelines:**
- Require CISD confirmation before position entry
- Prioritize CISD signals at significant levels (session opens, HTF midpoints)
- Confirm CISD direction aligns with HTF candle bias
- Apply contextual filtering—not all CISD signals warrant trades
**Session Open Strategy:**
- Weekly opens typically provide robust support/resistance
- Daily opens offer reliable intraday reference points
- 4-Hour opens effective for short-term scalping
- Consolidated labels (e.g., "Week-Day Open") indicate confluence zones with elevated significance
---
## Technical Specifications
**Performance Optimization:**
- Intelligent object management prevents TradingView rendering limits
- Efficient array processing for session consolidation
- Proper memory management through systematic object deletion
- Consistent performance across all timeframe ranges
**Compatibility:**
- Universal timeframe support
- Optimized for all market types (forex, stocks, crypto, futures)
- Minimal computational overhead
---
## Support & Development
**Feedback Channels:**
- Comment section for user feedback and suggestions
- Bug reports and feature requests welcomed
- Community-driven enhancement consideration
**Documentation:**
- Well-commented source code for learning purposes
- Clear section organization for easy navigation
- Comprehensive type definitions for structural clarity
- Educational value for market structure concept understanding
---
## Version Information
**Version:** 1.0 (Initial Release)
**License:** Open Source
**Category:** Multi-Timeframe Analysis | Market Structure
**Compatibility:** All Timeframes
**Language:** Pine Script v5
---
**For optimal results:**
- Provide feedback through comments
- Share with trading communities
- Submit enhancement suggestions
- Report technical issues for resolution
**Professional Support:**
Available through comment section for technical inquiries, implementation questions, and feature requests.
---
*Developed for the TradingView trading community | Professional-grade market structure analysis | Open source contribution*
Previous Day & Week Highs and Lows 1.3Overlay indicator that plots horizontal lines for the previous day’s and previous week’s highs and lows. Lines extend until the next period starts, so you can see these levels throughout the current day or week.
The indicator detects new daily and weekly sessions and draws lines at the previous period’s high and low. Daily levels use green (high) and red (low); weekly levels use blue (high) and magenta (low). You can toggle daily/weekly independently, customize colors, and adjust line width. It works on intraday timeframes and helps identify support/resistance and track breakouts relative to prior periods.
Previous Day & Week Highs and LowsOverlay indicator that plots horizontal lines for the previous day’s and previous week’s highs and lows. Lines extend until the next period starts, so you can see these levels throughout the current day or week.
The indicator detects new daily and weekly sessions and draws lines at the previous period’s high and low. Daily levels use green (high) and red (low); weekly levels use blue (high) and magenta (low). You can toggle daily/weekly independently, customize colors, and adjust line width. It works on intraday timeframes and helps identify support/resistance and track breakouts relative to prior periods.
Tactical Holding [SwissAlgo]Tactical Holding
A visual framework for managing long-term positions across market cycles
--------------------------------------------------------------
Purpose
Instead of holding a fixed position through all market conditions , you can use this framework to adjust your exposure tactically . By reducing positions during distribution phases and accumulating during favorable accumulation zones, you may end up holding more units of the asset over complete market cycles - even if you temporarily exit or reduce exposure during unfavorable periods. This approach aims to help you compound your holdings by taking advantage of market volatility rather than simply enduring it.
--------------------------------------------------------------
Recommended Settings
Timeframe : Weekly (1W) chart
Chart Type : Standard candlesticks (select 'Bar' type Candles)
This indicator is designed for higher timeframe analysis. While it can be applied to other timeframes, the logic and signal generation are optimized for weekly charts to filter out short-term noise and focus on major market cycles.
--------------------------------------------------------------
Key Features
♦ Market State Classification
The indicator aims to categorize potential market conditions into five color-coded states based on technical confluences:
* Bull (bright green): Multiple bullish indicators align
* Bull Retrace (teal): Bullish structure with temporary weakness
* Bull ⇆ Bear Reversal (yellow): Transitional phase between trends
* Bear (bright red): Multiple bearish indicators align
* Bear Retrace (Pale Red/Maroon): Bearish structure with temporary strength
♦ Visual Elements
* Candles change color based on the current market state
* A 50-period EMA tracks with the same color coding, providing visual trend context
* Small arrow markers appear when specific pattern conditions are met (zones for potential distribution or accumulation)
* A legend table (toggle on/off) explains the color system
* A label shows the current state name on the chart
♦ Pattern Recognition
The system monitors for two types of potential entry/exit zones:
1. State transition patterns after periods of market regime consistency
2. RSI divergence patterns (when price and momentum move in opposite directions)
♦ Customization
* Toggle the legend table visibility through settings
* All calculations are transparent and use standard technical analysis methods
--------------------------------------------------------------
How It Works
Think of this indicator as a traffic light system for your portfolio:
♦ Green zones suggest the asset might be in an environment where long-term holders historically have remained invested
Bright green (Bull) : Multiple technical indicators align in a potentially strong bullish phase
Pale green (Bull Retrace) : Bullish structure remains intact, but momentum shows temporary weakness - often a pullback within an uptrend
♦ Red zones suggest conditions where long-term holders might consider reducing exposure or waiting for better entry points
Dark red (Bear) : Multiple technical indicators align in a potentially strong bearish phase
Pale red (Bear Retrace) : Bearish structure remains intact but shows temporary strength - often a bounce within a downtrend
♦ Yellow zones indicate the market is in transition between bull and bear regimes - a time for increased attention as the trend direction becomes uncertain
The system doesn't predict future prices. Instead, it helps you understand the current technical environment by doing the heavy lifting of analyzing multiple indicators at once and presenting them in a simple visual format.
Example: During the 2022 crypto bear market, the indicator would have displayed extended red periods, signaling defensive conditions for holders. When accumulation arrows appeared in late 2022-early 2023, it highlighted potential re-entry zones as the technical regime transitioned back toward green, before the 2024 recovery.
--------------------------------------------------------------
Who This Is For
♦ Long-term investors who want to hold assets through cycles but prefer a systematic approach to position sizing and timing rather than buying and never selling .
♦ Portfolio managers looking for a visual tool to help determine when to increase or decrease exposure to specific assets based on technical regime changes.
♦ Swing traders on higher timeframes who want to align their positions with the broader market structure rather than fighting the trend.
This is not designed for:
* Day traders or scalpers
* Those seeking exact entry/exit prices
* Automated trading systems (this is a visual decision-support tool)
--------------------------------------------------------------
Understanding the Visuals
When you apply Tactical Holding to a chart, you'll see:
1. Colored candles - Instantly see what market regime the asset is in
2. Colored EMA line (thick line) - Provides a dynamic support/resistance reference that changes color with market conditions
3. Small arrows (↑ ↓) - Mark bars where specific technical patterns complete
4. State label - Shows current market classification
5. Legend table (top right) - Quick reference guide for the color system
6. Warning banner (top center) - Reminds you to use weekly charts
The visual design prioritizes clarity over complexity. You should be able to glance at a chart and immediately understand the current technical environment.
--------------------------------------------------------------
Important Limitations
This indicator cannot:
* Predict future price movements
* Guarantee profitable trades
* Work equally well on all assets or timeframes
* Replace your own research and risk management
Technical considerations:
* Divergence detection has a 3-bar confirmation lag (by design, to avoid false signals)
* State transitions require multiple technical confirmations, which may cause delayed reactions to rapid market changes
* The system is reactive, not predictive - it responds to price action after it occurs
* Performance varies significantly between trending assets (like Solana) and stable assets (like Apple)
--------------------------------------------------------------
Practical Application
Consider using this indicator as one component of a broader investment framework:
♦ Understanding Position Context:
The color-coded states can help frame your thinking about current holdings:
Bull: Technical conditions that have historically been associated with sustained uptrends
Bull Retrace: Pullbacks within an overall bullish structure- these periods may offer opportunities to evaluate entry points or reassess existing positions
Reversal (Yellow): Transitional phases where the trend direction is unclear - periods that may warrant closer monitoring
Bear Retrace: Temporary strength within an overall bearish structure - rallies that historically have often faded
Bear: Technical conditions that have historically been associated with sustained downtrends
♦ Interpreting Signal Arrows:
Arrow markers indicate when specific technical pattern conditions have been met. These are observation points, not instructions:
A signal appearing doesn't mean immediate action is required
Treat arrows as prompts for further analysis rather than automatic triggers
Consider the broader context: fundamentals, your investment timeline, risk tolerance, and overall market conditions
Signals show when historical technical patterns have formed - not whether those patterns will lead to the same outcomes as in the past
The framework is designed to organize information visually, not to tell you what to do. Your investment decisions should incorporate this technical perspective alongside other factors relevant to your situation.
--------------------------------------------------------------
Technical Methodology
For transparency, the indicator uses:
* RSI (14) with a 14-period SMA to assess momentum direction
* MACD (12,26,9) to confirm trend strength and histogram momentum
* Stochastic RSI with K and D line crossovers for additional confirmation
* 50-period EMA as the primary trend filter
* Linear regression-based slope analysis to detect flat/transitional periods
* Pivot-based divergence detection following standard technical analysis principles
All calculations use publicly available technical analysis formulas. Nothing is hidden or proprietary beyond the specific combination and weighting of these standard tools.
--------------------------------------------------------------
Disclaimer
This indicator is an educational and analytical tool only. It is not financial advice.
* Trading and investing involve substantial risk of loss
* Past performance of any technical system does not indicate future results
* No indicator can predict market movements with certainty
* Always conduct your own research and consult with qualified financial professionals
* Never invest more than you can afford to lose
* The creators of this indicator are not responsible for any trading losses
* This tool is not affiliated with, endorsed by, or connected to TradingView, 3Commas, or any other trading platform
* Use of this indicator is at your own risk
Risk Management: Regardless of what any indicator shows, always use proper position sizing, stop losses, and risk management appropriate to your personal financial situation.
This indicator provides a framework for analysis. Your decisions, research, and risk management determine your results.
Market Profile Dominance Analyzer# Market Profile Dominance Analyzer
## 📊 OVERVIEW
**Market Profile Dominance Analyzer** is an advanced multi-factor indicator that combines Market Profile methodology with composite dominance scoring to identify buyer and seller strength across higher timeframes. Unlike traditional volume profile indicators that only show volume distribution, or simple buyer/seller indicators that only compare candle colors, this script integrates six distinct analytical components into a unified dominance measurement system.
This indicator helps traders understand **WHO controls the market** by analyzing price position relative to Market Profile key levels (POC, Value Area) combined with volume distribution, momentum, and trend characteristics.
## 🎯 WHAT MAKES THIS ORIGINAL
### **Hybrid Analytical Approach**
This indicator uniquely combines two separate methodologies that are typically analyzed independently:
1. **Market Profile Analysis** - Calculates Point of Control (POC) and Value Area (VA) using volume distribution across price channels on higher timeframes
2. **Multi-Factor Dominance Scoring** - Weights six independent factors to produce a composite dominance index
### **Six-Factor Composite Analysis**
The dominance score integrates:
- Price position relative to POC (equilibrium assessment)
- Price position relative to Value Area boundaries (acceptance/rejection zones)
- Volume imbalance within Value Area (institutional bias detection)
- Price momentum (directional strength)
- Volume trend comparison (participation analysis)
- Normalized Value Area position (precise location within fair value zone)
### **Adaptive Higher Timeframe Integration**
The script features an intelligent auto-selection system that automatically chooses appropriate higher timeframes based on the current chart period, ensuring optimal Market Profile structure regardless of the trading timeframe being analyzed.
## 💡 HOW IT WORKS
### **Market Profile Construction**
The indicator builds a Market Profile structure on a higher timeframe by:
1. **Session Identification** - Detects new higher timeframe sessions using `request.security()` to ensure accurate period boundaries
2. **Data Accumulation** - Stores high, low, and volume data for all bars within the current higher timeframe session
3. **Channel Distribution** - Divides the session's price range into configurable channels (default: 20 rows)
4. **Volume Mapping** - Distributes each bar's volume proportionally across all price channels it touched
### **Key Level Calculation**
**Point of Control (POC)**
- Identifies the price channel with the highest accumulated volume
- Represents the price level where the most trading activity occurred
- Serves as a magnetic level where price often returns
**Value Area (VA)**
- Starts at POC and expands both upward and downward
- Includes channels until reaching the specified percentage of total volume (default: 70%)
- Expansion algorithm compares adjacent volumes and prioritizes the direction with higher activity
- Defines the "fair value" zone where most market participants agreed to trade
### **Dominance Score Formula**
```
Dominance Score = (price_vs_poc × 10) +
(price_vs_va × 5) +
(volume_imbalance × 0.5) +
(price_momentum × 100) +
(volume_trend × 5) +
(va_position × 15)
```
**Component Breakdown:**
- **price_vs_poc**: +1 if above POC, -1 if below (shows which side of equilibrium)
- **price_vs_va**: +2 if above VAH, -2 if below VAL, 0 if inside VA
- **volume_imbalance**: Percentage difference between upper and lower VA volumes
- **price_momentum**: 5-period SMA of price change (directional acceleration)
- **volume_trend**: Compares 5-period vs 20-period volume averages
- **va_position**: Normalized position within Value Area (-1 to +1)
The composite score is then smoothed using EMA with configurable sensitivity to reduce noise while maintaining responsiveness.
### **Market State Determination**
- **BUYERS Dominant**: Smooth dominance > +10 (bullish control)
- **SELLERS Dominant**: Smooth dominance < -10 (bearish control)
- **NEUTRAL**: Between -10 and +10 (balanced market)
## 📈 HOW TO USE THIS INDICATOR
### **Trend Identification**
- **Green background** indicates buyers are in control - look for long opportunities
- **Red background** indicates sellers are in control - look for short opportunities
- **Gray background** indicates neutral market - consider range-bound strategies
### **Signal Interpretation**
**Buy Signals** (green triangle) appear when:
- Dominance crosses above -10 from oversold conditions
- Previous state was not already bullish
- Suggests shift from seller to buyer control
**Sell Signals** (red triangle) appear when:
- Dominance crosses below +10 from overbought conditions
- Previous state was not already bearish
- Suggests shift from buyer to seller control
### **Value Area Context**
Monitor the information table (top-right) to understand market structure:
- **Price vs POC**: Shows if trading above/below equilibrium
- **Volume Imbalance**: Positive values favor buyers, negative favors sellers
- **Market State**: Current dominant force (BUYERS/SELLERS/NEUTRAL)
### **Multi-Timeframe Strategy**
The auto-timeframe feature analyzes higher timeframe structure:
- On 1-minute charts → analyzes 2-hour structure
- On 5-minute charts → analyzes Daily structure
- On 15-minute charts → analyzes Weekly structure
- On Daily charts → analyzes Yearly structure
This higher timeframe context helps avoid counter-trend trades against the dominant force.
### **Confluence Trading**
Strongest signals occur when multiple factors align:
1. Price above VAH + positive volume imbalance + buyers dominant = Strong bullish setup
2. Price below VAL + negative volume imbalance + sellers dominant = Strong bearish setup
3. Price at POC + neutral state = Potential breakout/breakdown pivot
## ⚙️ INPUT PARAMETERS
- **Higher Time Frame**: Select specific HTF or use 'Auto' for intelligent selection
- **Value Area %**: Percentage of volume contained in VA (default: 70%)
- **Show Buy/Sell Signals**: Toggle signal triangles visibility
- **Show Dominance Histogram**: Toggle histogram display
- **Signal Sensitivity**: EMA period for dominance smoothing (1-20, default: 5)
- **Number of Channels**: Market Profile resolution (10-50, default: 20)
- **Color Settings**: Customize buyer, seller, and neutral colors
## 🎨 VISUAL ELEMENTS
- **Histogram**: Shows smoothed dominance score (green = buyers, red = sellers)
- **Zero Line**: Neutral equilibrium reference
- **Overbought/Oversold Lines**: ±50 levels marking extreme dominance
- **Background Color**: Highlights current market state
- **Information Table**: Displays key metrics (state, dominance, POC relationship, volume imbalance, timeframe, bars in session, total volume)
- **Signal Shapes**: Triangle markers for buy/sell signals
## 🔔 ALERTS
The indicator includes three alert conditions:
1. **Buyers Dominate** - Fires on buy signal crossovers
2. **Sellers Dominate** - Fires on sell signal crossovers
3. **Dominance Shift** - Fires when dominance crosses zero line
## 📊 BEST PRACTICES
### **Timeframe Selection**
- **Scalping (1-5min)**: Focus on 2H-4H dominance shifts
- **Day Trading (15-60min)**: Monitor Daily and Weekly structure
- **Swing Trading (4H-Daily)**: Track Weekly and Monthly dominance
### **Confirmation Strategies**
1. **Trend Following**: Enter in direction of dominance above/below ±20
2. **Reversal Trading**: Fade extreme readings beyond ±50 when diverging with price
3. **Breakout Trading**: Look for dominance expansion beyond ±30 with increasing volume
### **Risk Management**
- Avoid trading during NEUTRAL states (dominance between -10 and +10)
- Use POC levels as logical stop-loss placement
- Consider VAH/VAL as profit targets for mean reversion
## ⚠️ LIMITATIONS & WARNINGS
**Data Requirements**
- Requires sufficient historical data on current chart (minimum 100 bars recommended)
- Lower timeframes may show fewer bars per HTF session initially
- More accurate results after several complete HTF sessions have formed
**Not a Standalone System**
- This indicator analyzes market structure and participant control
- Should be combined with price action, support/resistance, and risk management
- Does not guarantee profitable trades - past dominance does not predict future results
**Repainting Characteristics**
- Higher timeframe levels (POC, VAH, VAL) update as new bars form within the session
- Dominance score recalculates with each new bar
- Historical signals remain fixed, but current session data is developing
**Volume Limitations**
- Uses exchange-provided volume data which varies by instrument type
- Forex and some CFDs use tick volume (not actual transaction volume)
- Most accurate on instruments with reliable volume data (stocks, futures, crypto)
## 🔍 TECHNICAL NOTES
**Performance Optimization**
- Uses `max_bars_back=5000` for extended historical analysis
- Efficient array management prevents memory issues
- Automatic cleanup of session data on new period
**Calculation Method**
- Market Profile uses actual volume distribution, not TPO (Time Price Opportunity)
- Value Area expansion follows traditional Market Profile auction theory
- All calculations occur on the chart's current symbol and timeframe
## 📚 EDUCATIONAL VALUE
This indicator helps traders understand:
- How institutional traders use Market Profile to identify fair value
- The relationship between price, volume, and market acceptance
- Multi-factor analysis techniques for assessing market conditions
- The importance of higher timeframe structure in trade planning
## 🎓 RECOMMENDED READING
To better understand the concepts behind this indicator:
- "Mind Over Markets" by James Dalton (Market Profile foundations)
- "Markets in Profile" by James Dalton (Value Area analysis)
- Volume Profile analysis in institutional trading
## 💬 USAGE TERMS
This indicator is provided as an educational and analytical tool. It does not constitute financial advice, investment recommendations, or trading signals. Users are responsible for their own trading decisions and should conduct their own research and due diligence.
Trading involves substantial risk of loss. Past performance does not guarantee future results. Always use proper risk management and never risk more than you can afford to lose.
VWAP Trend
**Overview**
The VWAP Trend indicator is a volume-weighted price analysis tool that visualizes the relationship between price and the anchored Volume Weighted Average Price (VWAP) over different timeframes. This script is designed to reveal when the market is trending above or below its volume-weighted equilibrium point, providing a clear framework for identifying directional bias, trend strength, and potential reversals.
By combining an anchored VWAP with exponential smoothing and a secondary trend EMA, the indicator helps traders distinguish between short-term price fluctuations and genuine volume-supported directional moves.
**Core Concept**
VWAP (Volume Weighted Average Price) represents the average price of an asset weighted by traded volume. It reflects where the majority of trading activity has taken place within a chosen period, serving as a critical reference level for institutions and professional traders.
This indicator extends the traditional VWAP concept by:
1. Allowing users to **anchor VWAP to different timeframes** (Daily, Weekly, or Monthly).
2. Applying **smoothing** to create a stable reference curve less prone to noise.
3. Overlaying a **trend EMA** to identify whether current price momentum aligns with or diverges from VWAP equilibrium.
The combination of these elements produces a visual representation of price’s relationship to its fair value across time, helping to identify accumulation and distribution phases.
**Calculation Methodology**
1. **Anchored VWAP Calculation:**
The script resets cumulative volume and cumulative volume–price data at the start of each new VWAP session (based on the selected anchor timeframe). It continuously accumulates the product of price and volume, dividing this by total volume to compute the current VWAP value.
2. **Smoothing Process:**
The raw VWAP line is smoothed using an Exponential Moving Average (EMA) of user-defined length, producing a cleaner, more stable trend curve that minimizes intraperiod noise.
3. **Trend Determination:**
An additional EMA is calculated on the closing price. By comparing the position of this EMA to the smoothed VWAP, the indicator determines the prevailing market bias:
* When the trend EMA is above the smoothed VWAP, the market is considered to be in an **uptrend**.
* When the trend EMA is below the smoothed VWAP, the market is classified as a **downtrend**.
**Visual Structure**
The indicator uses color dynamics and chart overlays to make interpretation intuitive:
* **Smoothed VWAP Line:** The main trend reference, colored blue during bullish conditions and orange during bearish conditions.
* **Price Fill Region:** The area between the smoothed VWAP and price is filled with a translucent color matching the current trend, visually representing whether price is trading above or below equilibrium.
* **Trend EMA (implicit):** Although not separately plotted, it drives the color state of the VWAP, ensuring seamless visual transitions between bullish and bearish conditions.
**Inputs and Parameters**
* **VWAP Timeframe:** Choose between Daily, Weekly, or Monthly anchoring. This determines the reset frequency for cumulative volume and price data.
* **VWAP Smoothing Length:** Defines how many periods are used to smooth the VWAP line. Shorter values produce a more reactive line; longer values create smoother, steadier signals.
* **Trend EMA Length:** Sets the period for the trend detection EMA applied to price. Adjust this to calibrate how quickly the indicator reacts to directional changes.
**Interpretation and Use Cases**
* **Trend Confirmation:** When price and the trend EMA both remain above the smoothed VWAP, the market is showing strong bullish control. Conversely, consistent price action below the VWAP suggests sustained bearish sentiment.
* **Fair Value Assessment:** VWAP serves as a dynamic equilibrium level. Price repeatedly reverting to this line indicates consolidation or fair value zones, while strong directional moves away from VWAP highlight momentum phases.
* **Institutional Benchmarking:** Because large market participants often benchmark entries and exits relative to VWAP, this indicator helps align retail analysis with institutional logic.
* **Reversal Detection:** Sudden crossovers of the trend EMA relative to the VWAP can signal potential reversals or shifts in momentum strength.
**Trading Applications**
* **Trend Following:** Use VWAP’s direction and color state to determine trade bias. Long entries are favored when the VWAP turns blue, while short entries align with orange phases.
* **Mean Reversion:** In ranging conditions, traders may look for price deviations far above or below VWAP as potential reversion opportunities.
* **Multi-Timeframe Confluence:** Combine the Daily VWAP Trend with higher anchor periods (e.g., Weekly or Monthly) to confirm larger trend structure.
* **Support and Resistance Mapping:** VWAP often acts as a strong intraday or session-level support/resistance zone. The smoothed version refines this behavior into a cleaner, more reliable reference.
**Originality and Innovation**
The VWAP Trend indicator stands apart from conventional VWAP scripts through several original features:
1. **Anchor Flexibility:** Most VWAP indicators fix the anchor to a specific session (like daily). This version allows switching between Daily, Weekly, and Monthly anchors dynamically, adapting to various trading styles and time horizons.
2. **Volume-Weighted Smoothing:** The use of an EMA smoothing layer over the raw VWAP provides enhanced stability without compromising responsiveness, delivering a more analytically consistent signal.
3. **EMA-Based Trend Comparison:** By introducing a second trend EMA, the indicator creates a comparative framework that merges volume-weighted price analysis with classical momentum tracking — a rare and powerful combination.
4. **Adaptive Visual System:** The color-shifting and shaded fill between VWAP and price are integrated into a single, lightweight structure, giving traders immediate insight into market bias without the clutter of multiple overlapping indicators.
**Advantages**
* Adaptable to any market, timeframe, or trading style.
* Provides both equilibrium (VWAP) and momentum (EMA) perspectives.
* Smooths out noise while retaining the integrity of volume-based price dynamics.
* Enhances situational awareness through intuitive color-coded visualization.
* Ideal for professional, swing, and intraday traders seeking context-driven market direction.
**Summary**
The VWAP Trend indicator is a modern enhancement of the classical VWAP methodology. By merging anchored volume-weighted analysis with smoothed trend detection and visual state feedback, it provides a comprehensive perspective on market equilibrium and directional strength. It is built for traders who seek more than static price references — offering an adaptive, volume-aware framework for identifying market trends, reversals, and fair-value zones with precision and clarity.
Precision NasdaqPrecision NASDAQ Levels — Open-Source Support & Resistance Indicator
This open-source Support and Resistance Indicator helps traders plot key price levels where the market may reverse or consolidate. By plotting support and resistance zones based on historical price action, it provides clear visual cues for potential entry and exit points across various timeframes.
Features:
Customizable Settings: Adjust visual styles, label positions, and toggle level labels to suit your trading strategy.
Multi-Timeframe Support: Plot Monthly, Weekly, Daily, and Daily Range levels for broader market context.
Streamlined String Input: Input structure follows this order:
Code
Red, Red, Pink, Pink, Red, Red, Daily Range, Daily Range, Weekly, Weekly, Monthly, Monthly
Semi-Automatic NQ/QQQ Conversion: Manually input daily NQ spread or QQQ calculation to adjust NASDAQ levels. Note: Levels cannot be dragged when NQ/QQQ conversion is active. Uncheck conversion boxes to enable dragging.
How It Works
Apply the indicator to your chart.
Enter values for each support and resistance level.
Drag and adjust levels directly on the chart.
Use plotted zones to identify potential reversals, breakouts, or stop-loss placements.
Combine with other tools (e.g., trendlines or oscillators) for confirmation.
Session SFPThis script is a powerful, multi-timeframe tool designed to identify high-probability Swing Failure Patterns (SFPs) at key historical levels.
Instead of looking for traditional "pivots" (like a 3-bar swing), this indicator finds the actual high and low of a previous higher-timeframe (HTF) bar (e.g., the previous weekly high/low) and waits for a lower-timeframe (LTF) candle to sweep that level and fail.
This allows you to spot liquidity sweeps and potential reversals at significant, structural price points.
How It Works
The indicator's logic is based on a simple, two-timeframe process:
Level Detection: First, it finds the high and low of the previous bar on your chosen "Level Timeframe" (e.g., W for Weekly, D for Daily). It plots these as small 'x' markers on your chart.
SFP Identification: Second, it watches price action on a lower "SFP Timeframe" (e.g., 240 for 4H). A potential SFP is identified when a candle's wick sweeps above a key high or below a key low.
Confirmation: The SFP is only confirmed after the SFP candle closes back below the high (for a bearish SFP) or above the low (for a bullish SFP). It then waits for a set number of "Confirmation Bars" to pass. If price does not close back over the level during this window, the signal is locked in, and a label is printed.
How to Use (Key Settings)
Level Timeframe (Most Important): This is the timeframe for the levels you want to trade. Set this to W to find SFPs of the previous weekly high/low. Set it to D to find SFPs of the previous daily high/low.
SFP Timeframe: This is the timeframe you want to use to find the SFP candle itself. This should be lower than your Level Timeframe (e.g., 240 or 60).
Level Lookback: This controls how many old levels the script will track. A value of 10 on a W Level Timeframe will track the highs and lows of the last 10 weeks.
Confirmation Bars: This is your "patience" filter. It's the number of SFP Timeframe bars that must close without reclaiming the level after the SFP. A value of 0 will confirm the SFP immediately on the candle's close.
Enable Wick % Filter: A quality filter. If checked, this ensures the SFP candle's rejection wick is a significant percentage of the candle's total range.
Chart Visuals
'x' Markers: These are the historical highs and lows from your "Level Timeframe". You can turn these on or off in the settings.
SFP Label: When an SFP is fully confirmed, a label (Bearish SFP or Bullish SFP) will appear, detailing the level that was swept and the timeframes used.
SFP Line: A solid horizontal line is drawn from the 'x' marker to the SFP candle to highlight the sweep.
Colored Boxes (Optional): If you are viewing a chart timeframe lower than your "SFP Timeframe", you can enable background boxes to highlight the exact SFP candle and its confirmation bars.
MCL RSI Conflux v2.5 — Multi-Timeframe Momentum & Z-Score Full Description
Overview
The MCL RSI Conflux v2.5 is a multi-timeframe momentum model that integrates daily, weekly, and monthly RSI values into a unified composite. It extends the classical RSI framework with adaptive overbought/oversold thresholds and statistical normalization (Z-score confluence).
This combination allows traders to visualize cross-timeframe alignment, identify synchronized momentum shifts, and detect exhaustion zones with higher statistical confidence.
Methodology
The script extracts RSI data from three major time horizons:
Daily RSI (short-term momentum)
Weekly RSI (intermediate trend)
Monthly RSI (macro bias)
Each RSI is optionally smoothed, weighted, and aggregated into a Composite RSI.
A Z-score transformation then measures how far each RSI deviates from its historical mean, revealing when momentum strength is statistically extreme or aligned across timeframes.
Key Features
Multi-Timeframe RSI Engine – Computes RSI across D/W/M intervals with individual weighting controls.
Adaptive Overbought/Oversold Bands – Automatically adjusts OB/OS thresholds based on rolling volatility (standard deviation of daily RSI).
Composite RSI Score – Weighted consensus RSI that represents total market momentum.
Z-Score Confluence Analysis – Identifies when all three timeframes are statistically synchronized.
Z-Composite Histogram – Displays aggregated Z-score strength around the midline (50).
Divergence Detection – Flags confirmed pivot-based bull and bear divergences on the daily RSI.
Dynamic Gradient Background – Shifts from red to green based on composite momentum regime.
Customizable Control Panel – Displays RSI values, Z-scores, state, and adaptive bands for each timeframe.
Integrated Alerts – For crossovers, risk-on/off thresholds, alignment, and Z-confluence events.
Interpretation
All RSI values above 50: multi-timeframe bullish alignment.
All RSI values below 50: multi-timeframe bearish alignment.
Composite RSI > 60: risk-on environment; momentum expansion.
Composite RSI < 45: risk-off environment; momentum contraction.
Adaptive OB/OS hits: potential exhaustion or mean reversion setup.
Green Z-ribbon: all Z-scores positive and aligned (statistical confirmation).
Red Z-ribbon: all Z-scores negative and aligned (broad market weakness).
Divergences: short-term warning signals against the prevailing momentum bias.
Practical Application
Use the Composite RSI as a global momentum gauge for position bias.
Trade only in the direction of higher-timeframe alignment (avoid countertrend RSI).
Combine Z-ribbon confirmation with Composite RSI crosses to filter noise.
Use divergence labels and adaptive thresholds for risk reduction or exit timing.
Ideal for swing traders and macro momentum models seeking trend synchronization filters.
Recommended Settings
Market Mode k-Band Lookback Use Case
Stocks / ETFs Adaptive 0.85 200 Medium-term rotation filter
Crypto Adaptive 1.00 150 Volatility-responsive swing filter
Commodities Fixed 70/30 100 Mean reversion model
Alerts Included
Daily RSI crossed above/below Weekly RSI
Composite RSI > Risk-On threshold
Composite RSI < Risk-Off threshold
All RSI aligned above/below 50
Z-Score Conformity (All positive or all negative)
Overbought/Oversold triggers
Author’s Note
This indicator was designed for research and systematic confluence analysis within Mongoose Capital Labs.
It is not financial advice and should be used in combination with independent risk assessment, volume confirmation, and higher-timeframe context.
High and low statisticsHigh/Low Pattern Analyzer (All Timeframes)
Ever wonder if there's a hidden pattern in the market?
Does the high of the week usually happen on a Tuesday?
Does the low of the month always form in the first week?
Which 15-minute candle really sets the high for the entire day?
This indicator is a powerful statistical tool designed to answer these questions by analyzing historical price action to find patterns in when the high and low of a period are formed.
The Core Idea: Daily High & Low of the Week
The simplest and most popular feature of this indicator is the "Daily high and low of the week" analysis.
What it does:
It looks back over your chosen number of weeks (e.g., the last 100) and finds out which day of the week (Monday, Tuesday, Wednesday, etc.) made the final high and which day made the final low for each of those weeks.
How to use it:
Go to the script settings.
Enable the "Daily High/Low of the Week" module.
Set your chart to the 1D (Daily) timeframe.
A table will appear on your chart (bottom-right by default) showing the exact count and percentage for each day. This lets you see at a glance if there's a strong tendency for the market you're watching.
Advanced Analysis: Other Timeframes
This script goes far beyond just the daily chart. It includes four other independent analysis modules:
1. 4-Hour High/Low of the Week
What it does: For intraday and swing traders. This module finds which 4-hour candle session (e.g., the 08:00 candle, the 16:00 candle) tends to form the high or low of the entire week.
Key Feature (DST Aware): This table is "season-aware." It knows that the 08:00 "summertime" (DST) candle is the same trading session as the 07:00 "wintertime" (STD) candle. It groups them together so your data is never split or messy.
2. Weekly High/Low of the Month
What it does: For a monthly perspective. This module finds which week of the month (Week 1, 2, 3, 4, or 5) is most likely to form the monthly high or low.
How to use: Enable it and set your chart to the 1W (Weekly) timeframe.
3. Monthly High/Low of the Year
What it does: The ultimate "big picture" view. This module finds which month (Jan, Feb, Mar, etc.) most frequently forms the high or low for the entire year.
How to use: Enable it and set your chart to the 1M (Monthly) timeframe.
The Power User Module: Custom Timeframe Analysis
This is the most powerful feature. It lets you analyze any timeframe combination you want.
What it does: It finds out which "Lower Timeframe" (LTF) candle made the high or low of any "Higher Timeframe" (HTF) you choose.
Example: Do you want to know which 15-minute candle makes the Daily high?
Set your chart to the 15M timeframe.
Go to the "Custom Timeframe Analysis" settings.
Set the "Higher Timeframe" to "1D".
The script will draw a "season-aware" table (just like the 4H module) showing you the exact 15-minute candles (09:15, 09:30, etc.) that are statistically most likely to form the day's high or low.
Other Features
Show Labels: Each module has an option to "Show labels," which will draw a label (e.g., "Daily High of the Week") directly on the chart at the exact bar that made the high or low.
Custom Dividers: Each module has its own optional, color-customizable divider (e.g., weekly, monthly) that you can toggle on to see the periods more clearly.
Clean Settings: All modules are disabled by default (except for "Daily") to keep your chart clean. You only need to enable the specific analysis you want to see.
This tool was built to turn your curiosity about market patterns into actionable, statistical data. Enjoy!
COT Index v.2COT Index v.2 Indicator
( fix for extreme values)
📊 Overview
The COT (Commitment of Traders) Index Indicator transforms raw COT data into normalized indices ranging from 0-100, with extensions to 120 and -20 for extreme market conditions. This powerful tool helps traders analyze institutional positioning and market sentiment by tracking the net long positions of three key market participant groups.
🎯 What It Does
This indicator converts weekly CFTC Commitment of Traders data into easy-to-read oscillator format, showing:
Commercial Index (Blue Line) - Smart money/hedgers positioning
NonCommercial Index (Orange Line) - Large speculators/funds positioning
Nonreportable Index (Red Line) - Small traders positioning
📈 Key Features
Smart Scaling Algorithm
0-100 Range: Normal market conditions based on recent price action
120 Level: Extreme bullish positioning (above historical maximum)
-20 Level: Extreme bearish positioning (below historical minimum)
Dual Time Frame Analysis
Short Period (26 weeks default): For current market scaling
Historical Period (156 weeks default): For extreme condition detection
Flexible Data Sources
Futures Only reports
Futures and Options combined reports
Automatic symbol detection with manual overrides for HG and LBR
🔧 Customizable Settings
Data Configuration
Adjustable lookback periods for both current and historical analysis
Report type selection (Futures vs Futures & Options)
Display Options
Toggle individual trader categories on/off
Customizable reference lines (overbought/oversold levels)
Optional 0/100 boundary lines
Adjustable line widths and colors
Reference Levels
Upper Bound: 120 (extreme bullish)
Overbought: 80 (default)
Midline: 50 (neutral)
Oversold: 20 (default)
Lower Bound: -20 (extreme bearish)
💡 Trading Applications
Contrarian Signals
High Commercial Index + Low NonCommercial Index = Potential bullish reversal
Low Commercial Index + High NonCommercial Index = Potential bearish reversal
Market Sentiment Analysis
Track institutional vs retail positioning divergences
Identify extreme market conditions requiring attention
Monitor smart money accumulation/distribution patterns
Confirmation Tool
Use alongside technical analysis for trade confirmation
Validate breakouts with positioning data
Assess market structure changes
📊 Visual Elements
Status Table: Displays current settings and symbol information
Color-Coded Lines: Easy identification of each trader category
Reference Levels: Clear overbought/oversold boundaries
Extreme Indicators: Visual cues for unusual market conditions
⚠️ Important Notes
COT data is released weekly on Fridays (Tuesday data)
Best suited for weekly and daily timeframes
Requires symbols with available CFTC data
Works automatically for most futures contracts
🎯 Best Practices
Use in conjunction with price action analysis
Look for divergences between price and positioning
Pay special attention to extreme readings (120/-20 levels)
Consider all three indices together for complete market picture
Allow for data lag (3-day delay from CFTC)
This indicator is ideal for swing traders, position traders, and anyone interested in understanding the positioning dynamics of professional vs retail market participants.
AutoPivot Levels with Alerts [ChartWhizzperer] – Dynamic EditionAuto-Pivot Levels 4 methods with alerts – Dynamic Edition
Now with
- Live Mode
- 4 Pivot Methods
- 7 Session Types (5m, 15m, 30m, Hourly, Daily, Weekly, Monthly)
- PineConnector-Ready Alerts!
Free, Open Source, Pine Script v6-compliant.
NEW: Live Mode (Ultra-Dynamic, Repainting) – Switchable in UI!
Instantly switch between Classic (session-based, repaint-free) and Live (rolling window, real-time, repainting) using the simple checkbox in the settings!
Live Mode recalculates all pivots on every tick/bar, using the current high/low/close for the chosen session (5m, 15m, 30m, hourly, daily, weekly, monthly).
Perfect for:
- Scalping and high-frequency trading
- Real-time bot/automation setups (PineConnector-ready)
- Fast-moving or breakout markets
Classic Mode: For traditional, stable levels based on confirmed session data – ideal for backtesting and trading history.
Four Calculation Methods (Choose What Fits YOU)
1. Classic
Standard pivot calculation.
Based on previous session’s High, Low, Close.
Simple, proven, and suitable for any asset.
2. Fibonacci
Projects levels using Fibonacci ratios of the prior session’s range.
Great for traders who want to align pivots with fib retracements and extensions.
3. Camarilla
Uses unique multipliers for support/resistance, focusing on mean reversion and volatility.
Popular among futures and forex day traders.
4. Woodie
Puts extra weight on previous Close for more responsive pivots.
Often used in trending or choppy conditions.
Switch methods anytime in the UI – the script recalculates instantly and keeps your chart clean!
Level-Specific Alerts – PineConnector Ready!
Dedicated alert for EVERY level and direction (Up/Down):
Pivot (P), R1, R2, R3, S1, S2, S3
No configuration hassle:
All alerts are pre-defined in the TradingView Alert Panel and work across all session types (5m → monthly).
Machine-readable message format:
PIVOT=R1 DIR=UP SYMBOL={{ticker}} PRICE={{close}}
Direct plug-and-play with PineConnector, webhooks, Discord, Telegram, bots, and other automation tools.
Never miss a breakout, reversal, or key support/resistance touch!
Powerful Customization & Performance
- Session selection: 5m, 15m, 30m, Hourly, Daily, Weekly, Monthly (choose what suits your trading style).
- Show/hide any level (Pivot, R1–R3, S1–S3) for minimal chart clutter.
- Color selection for each level to match your theme or highlight key pivots.
- Auto-cleanup: Old lines and labels are cleared on every recalculation or session change for maximum performance and visual clarity.
- Zero runtime errors: Strict Pine Script v6 practices for stability.
How To Use – Quick Start
1) Add the indicator to your TradingView chart.
2) Pick your calculation method (Classic, Fibonacci, Camarilla, Woodie).
3) Set session type (5m, 15m, 30m, Hourly, Daily, Weekly, Monthly).
4) Switch between Classic and Live Mode with a single click in settings.
5) Customize your levels (on/off, colors).
6) Open the Alert Panel, select any pre-configured alert (e.g. "R2 Cross Down"), and go live!
7) Connect with PineConnector or any webhook system instantly using the pre-formatted alert messages.
Who Is It For?
- Active scalpers & bot traders: Live Mode + PineConnector-ready alerts = instant, automated reactions.
- Swing and position traders: Use Classic Mode for stable, repaint-free levels.
- Strategy developers: Seamless integration into automated and manual trading workflows.
License & Community
Open Source, Non-Commercial:
Free for personal & educational use under CC BY-NC-SA 4.0.
Feedback, bug reports & ideas:
Drop a comment, or contact me for feature requests.
Trade smart. Trade dynamic. Unlock the true power of pivots – with ChartWhizzperer!
Fixed High Timeframe Moving AveragesFixed High Timeframe Moving Averages (W/D/4H)
Summary
This indicator plots essential, high-timeframe (HTF) Moving Averages onto your chart, **no matter which timeframe you are currently viewing**.
It is designed for traders who need multi-timeframe context at a glance. Stop switching charts to see where the 200-Week or 50-Day MA is—now you can see all critical HTF levels directly on your 5-minute (or any other) chart.
---
Who it’s for
Traders who rely on moving averages but like to work on lower chart timeframes while keeping higher timeframe context in sight. If you scalp on 1–15m yet want Weekly/Daily/4H MAs always visible, this is for you.
---
What it shows
Pinned (“fixed”) moving averages from higher timeframes—Weekly (20/100/200) , Daily (50/100/200/365) and 4H (200) —rendered on any chart timeframe. Your favorite HTF MAs stay on screen no matter what TF you’re currently analyzing.
---
Features
* **MA types:** SMA, EMA, VWMA, Hull.
* **Fully configurable:** toggle each line, set periods, colors, and thickness.
* **Two alert modes (see below):** intrabar vs confirmed HTF close.
* **Works on any symbol & chart TF** using `request.security` to fetch HTF data.
---
Alerts & Modes
This indicator solves the biggest problem with MTF alerts: false signals. You can choose one of two modes:
1. **Intrabar mode** — compares current chart price to the HTF MA. Triggers as soon as price crosses the HTF line; great for early signals but may update until the HTF bar closes.
2. **Confirmed mode** — checks HTF close vs HTF MA. Signals only on the higher-TF bar close; fewer false starts, no intrabar repainting on that TF.
Per-line *Cross Above / Cross Below* conditions are provided for all enabled MAs (e.g., “20W — Cross Above”, “365D — Cross Below”, etc.).
**How to use alerts:** add the script → “Create Alert” → pick any condition from the script’s list.
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Why this helps
* Keeps Weekly/Daily structure visible while you execute on LTF.
* Classic anchors (e.g., 200D, 20W/100W/200W) are popular for trend bias, dynamic support/resistance, and pullback context.
* Lets you standardize MA references across all your lower-TF playbooks.
---
Notes on confirmation & repainting
* Intrabar signals can change until the higher-TF bar closes (that’s expected with multi-TF data).
* Confirmed mode waits for the HTF close—cleaner, but later. Choose what fits your workflow.
---
Quick setup
1. Pick `MA Type` (SMA/EMA/VWMA/Hull).
2. Enable the HTF lines you want (Weekly 20/100/200; Daily 50/100/200/365; 4H 200).
3. Choose `Alert Mode` (Intrabar vs Confirmed).
4. Style colors/widths to taste and set alerts on the lines you care about.
---
Good practice
* Combine HTF MAs with price action (swings, structure, liquidity grabs) rather than using them in isolation.
* Always validate signals in your execution TF and use a risk plan tailored to volatility.
* Protect your capital: position sizing, stops, and disciplined risk management matter more than any single line on the chart.
---
Disclaimer
For educational/informational purposes only; not financial advice. Trading involves risk—manage it responsibly.
VWAP Composites📊 VWAP Composite - Advanced Multi-Period Volume Weighted Average Price Indicator
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🎯 OVERVIEW
VWAP Composite is an advanced volume-weighted average price (VWAP) indicator that goes beyond traditional single-period VWAP calculations by offering composite multi-period analysis and unprecedented customization. This indicator solves a common problem traders face: traditional VWAP resets at arbitrary intervals (session start, day, week), but significant price action and volume accumulation often spans multiple periods. VWAP Composite allows you to anchor VWAP calculations to any timeframe—or combine multiple periods into a single composite VWAP—giving you a true representation of average price weighted by volume across the exact periods that matter to your analysis.
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⚙️ HOW IT WORKS - CALCULATION METHODOLOGY
📌 CORE VWAP CALCULATION
The indicator calculates VWAP using the standard volume-weighted formula:
• Typical Price = (High + Low + Close) / 3
• VWAP = Σ(Typical Price × Volume) / Σ(Volume)
This calculation is performed across user-defined time periods, ensuring each bar's contribution to the average is proportional to its trading volume.
📌 STANDARD DEVIATION BANDS
The indicator calculates volume-weighted standard deviation to measure price dispersion around the VWAP:
• Variance = Σ / Σ(Volume)
• Standard Deviation = √Variance
• Upper Band = VWAP + (StdDev × Multiplier)
• Lower Band = VWAP - (StdDev × Multiplier)
These bands help identify overbought/oversold conditions relative to the volume-weighted mean, with high-volume price excursions having greater impact on band width than low-volume moves.
📌 COMPOSITE PERIOD METHODOLOGY (Auto Mode)
Unlike traditional VWAP that resets at fixed intervals, Auto Mode creates composite VWAPs by combining the current period with N previous periods:
• Period Span = 1: Current period only (standard VWAP behavior)
• Period Span = 2: Current period + 1 previous period combined
• Period Span = 3: Current period + 2 previous periods combined
• And so on...
Example: A 3-period Weekly composite VWAP calculates from the start of 2 weeks ago through the current week's end, creating a single VWAP that represents 21 days of continuous price and volume data. This provides context about where price stands relative to the volume-weighted average over multiple weeks, not just the current week.
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🔧 KEY FEATURES & ORIGINALITY
✅ DUAL OPERATING MODES
1️⃣ MANUAL MODE (5 Independent VWAPs)
Define up to 5 separate VWAP calculations with custom start/end times:
• Perfect for anchoring VWAP to specific events (earnings, Fed announcements, major reversals)
• Each VWAP has independent color settings for lines and deviation band backgrounds
• Individual control over calculation extension and visual extension (explained below)
• Useful for tracking multiple institutional accumulation/distribution zones simultaneously
2️⃣ AUTO MODE (Composite Period VWAP)
Automatically calculates VWAP across combined time periods:
• Supported periods: Daily, Weekly, Monthly, Quarterly, Yearly
• Configurable period span (1-20 periods)
• Always up-to-date, recalculates on each new bar
• Ideal for systematic analysis across consistent timeframes
✅ DUAL EXTENSION SYSTEM (Manual Mode Innovation)
Most VWAP indicators only offer "on/off" for extending calculations. This indicator provides two distinct extension options:
🔹 EXTEND CALCULATION TO CURRENT BAR
When enabled, continues including new bars in the VWAP calculation after the defined end time. The VWAP value updates dynamically as new volume enters the market.
Use case: You anchored VWAP to a major low 3 weeks ago. You want the VWAP to continue evolving with new volume data to track ongoing institutional positioning.
🔹 EXTEND VISUAL LINE ONLY
When enabled (and calculation extension is disabled), projects the "frozen" VWAP value forward as a reference line. The VWAP value remains fixed at what it was at the end time, but the line and deviation bands visually extend to current price.
Use case: You want to see how price is behaving relative to the VWAP that existed at a specific point in time (e.g., "Where is price now vs. the 5-day VWAP that existed at last Friday's close?").
This dual system gives you unprecedented control over whether you're tracking a "living" VWAP that incorporates new data or using historical VWAP levels as static reference points.
✅ CUSTOMIZABLE STANDARD DEVIATION BANDS
• Adjustable multiplier (0.1 to 5.0)
• Independent background colors with opacity control for each VWAP
• Dashed band lines for easy visual distinction from main VWAP
• Bands extend when visual extension is enabled, maintaining zone visibility
✅ COMPREHENSIVE LABELING SYSTEM
Each VWAP displays:
• Current VWAP value
• Upper deviation band value (High)
• Lower deviation band value (Low)
• Extension status indicator (Calc Extended / Visual Extended)
• Color-coded for quick identification
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📖 HOW TO USE THIS INDICATOR
🎯 SCENARIO 1: EVENT-ANCHORED VWAP (Manual Mode)
Use case: A stock gaps down 15% on earnings and you want to track where institutions are positioning during the recovery.
Setup:
1. Switch to Manual Mode
2. Enable VWAP 1
3. Set Start Time to the earnings gap bar
4. Set End Time to current time (or leave far in future)
5. Enable "Extend Calculation to Current Bar"
6. Watch how price respects the VWAP as a dynamic support/resistance
Interpretation:
• Price above VWAP = buyers in control since the event
• Price testing VWAP from above = potential support
• Volume-weighted standard deviation bands show normal price range
• Price outside bands = potential exhaustion/mean reversion setup
🎯 SCENARIO 2: MULTI-WEEK INSTITUTIONAL ACCUMULATION ZONE (Auto Mode)
Use case: You trade swing setups and want to identify where institutions have been accumulating over the past 3 weeks.
Setup:
1. Switch to Auto Mode
2. Select "Weekly" period type
3. Set Period Span to 3
4. Enable standard deviation bands
Interpretation:
• 3-week composite VWAP shows the true average institutional entry
• Price bouncing off VWAP repeatedly = strong support (institutions defending their average)
• Price breaking below VWAP on high volume = potential distribution
• Deviation bands contracting = consolidation; expanding = volatility increase
🎯 SCENARIO 3: COMPARING MULTIPLE TIME HORIZONS (Manual Mode)
Use case: You want to see short-term vs medium-term vs long-term VWAP alignments.
Setup:
1. Switch to Manual Mode
2. VWAP 1: Last 5 trading days (blue)
3. VWAP 2: Last 10 trading days (orange)
4. VWAP 3: Last 20 trading days (purple)
5. Enable "Extend Calculation" for all
6. Set different background colors for visual separation
Interpretation:
• All VWAPs aligned upward = strong trend across all timeframes
• Price between VWAPs = finding equilibrium between different trader timeframes
• Short-term VWAP crossing long-term VWAP = momentum shift
• Price rejecting at higher-timeframe VWAP = that timeframe's traders defending their average
🎯 SCENARIO 4: HISTORICAL VWAP REFERENCE LEVELS (Manual Mode)
Use case: You want to see where the 1-month VWAP was at each month-end as static reference levels.
Setup:
1. Switch to Manual Mode
2. VWAP 1: Set to last month's start/end dates
3. VWAP 2: Set to 2 months ago start/end dates
4. VWAP 3: Set to 3 months ago start/end dates
5. Disable "Extend Calculation"
6. Enable "Extend Visual Line Only"
Interpretation:
• Each VWAP represents the volume-weighted average for that complete month
• These become static support/resistance levels
• Price returning to old monthly VWAPs = institutional memory/gap fill behavior
• Useful for identifying longer-term value areas
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🎨 CUSTOMIZATION OPTIONS
GENERAL SETTINGS
• Show/hide labels
• Line style: Solid, Dashed, or Dotted
• Standard deviation multiplier (impacts band width)
• Toggle standard deviation bands on/off
MANUAL MODE (Per VWAP)
• Custom start and end times
• Line color picker
• Background color picker (with transparency control)
• Extend calculation option
• Extend visual option
• Show/hide individual VWAPs
AUTO MODE
• Period type selection (Daily/Weekly/Monthly/Quarterly/Yearly)
• Period span (1-20 periods)
• Line color
• Background color (with transparency control)
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💡 TRADING APPLICATIONS
✓ Mean Reversion: Use deviation bands to identify stretched prices likely to return to VWAP
✓ Trend Confirmation: Price sustained above VWAP = bullish bias; below = bearish bias
✓ Support/Resistance: VWAP often acts as dynamic S/R, especially on higher volume periods
✓ Institutional Positioning: Multi-day/week VWAPs show where large players have established positions
✓ Entry Timing: Wait for pullbacks to VWAP in trending markets
✓ Stop Placement: Use VWAP ± standard deviation as volatility-adjusted stop levels
✓ Breakout Confirmation: Breakouts from consolidation with price reclaiming VWAP = stronger signal
✓ Multi-Timeframe Analysis: Compare short vs long-period VWAPs to gauge momentum alignment
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⚠️ IMPORTANT NOTES
• The indicator redraws on each bar to maintain accurate visual representation (uses `barstate.islast`)
• Maximum lookback is limited to 5000 bars for performance optimization
• Time range calculations work across all timeframes but are most effective on intraday to daily charts
• Standard deviation bands assume volume-weighted distribution; extreme events may violate assumptions
• Auto mode always calculates to current bar; use Manual mode for fixed historical periods
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This indicator is open-source. Feel free to examine the code, learn from it, and adapt it to your needs.
Choppiness Index | CipherDecodedThe Choppiness Index is a multi-timeframe regime indicator that measures whether price action is trending or consolidating.
This recreation was inspired by the Choppiness Index chart from Checkonchain, with full credit to their team for the idea.
🔹 How It Works
CI = 100 * log10( SUM(ATR(1), n) / (highest(high, n) – lowest(low, n)) ) / log10(n)
Where:
n – lookback length (e.g. 14 days / 10 weeks / 10 months)
ATR(1) – true-range of each bar
SUM(ATR(1), n) – total true-range over n bars
highest(high, n) and lowest(low, n) – price range over n bars
Low values → strong trend
High values → sideways consolidation
Below is a simplified function used in the script for computing CI on any timeframe:
f_ci(_n) =>
_tr = ta.tr(true)
_sum = math.sum(_tr, _n)
_hh = ta.highest(high, _n)
_ll = ta.lowest(low, _n)
_rng = _hh - _ll
_rng > 0 ? 100 * math.log10(_sum / _rng) / math.log10(_n) : na
Consolidation Threshold — 50.0
Trend Threshold — 38.2
When Weekly CI < Trend Threshold, a trending zone (yellow) appears.
When Weekly CI > Consolidation Threshold, a consolidation zone (purple) appears.
Users can toggle either background independently.
🔹 Example Background Logic
bgcolor(isTrend and Trend ? color.new(#f3e459, 50) : na, title = "Trending", force_overlay = true)
bgcolor(isConsol and Cons ? color.new(#974aa5, 50) : na, title = "Consolidation", force_overlay = true)
🔹 Usage Tips
Observe the Weekly CI for regime context.
Combine with price structure or trend filters for signal confirmation.
Low CI values (< 38) indicate strong trend activity — the market may soon consolidate to reset.
High CI values (> 60) reflect sideways or range-bound conditions — the market is recharging before a potential new trend.
🔹 Disclaimer
This indicator is provided for educational purposes.
No trading outcomes are guaranteed.
This tool does not guarantee market turns or performance; it should be used as part of a broader system.
Use responsibly and perform your own testing.
🔹 Credits
Concept origin — Checkonchain Choppiness Index
Previous Day & Week High/Low LevelsPrevious Day & Week High/Low Levels is a precision tool designed to help traders easily identify the most relevant price levels that often act as strong support or resistance areas in the market. It automatically plots the previous day’s and week’s highs and lows, as well as the current day’s developing internal high and low. These levels are crucial reference points for intraday, swing, and even position traders who rely on price action and liquidity behavior.
Key Features
Previous Day High/Low:
The indicator automatically draws horizontal lines marking the highest and lowest prices from the previous trading day.
These levels are widely recognized as potential zones where the market may react again — either rejecting or breaking through them.
Previous Week High/Low:
The script also tracks and displays the high and low from the last completed trading week.
Weekly levels tend to represent stronger liquidity pools and broader institutional zones, which makes them especially important when aligning higher timeframe context with lower timeframe entries.
Internal Daily High/Low (Real-Time Tracking):
While the day progresses, the indicator dynamically updates the current day’s internal high and low.
This allows traders to visualize developing market structure, identify intraday ranges, and anticipate potential breakouts or liquidity sweeps.
Multi-Timeframe Consistency:
All levels — daily and weekly — remain visible across any chart timeframe, from 1 minute to 1 day or higher.
This ensures traders can maintain perspective and avoid losing track of key zones when switching views.
Customizable Visuals:
The colors, line thickness, and label visibility can be easily adjusted to match personal charting preferences.
This makes the indicator adaptable to any trading style or layout, whether minimalistic or detailed.
How to Use
Identify Key Reaction Zones:
Observe how price interacts with the previous day and week levels. Rejections, consolidations, or clean breakouts around these lines often signal strong liquidity areas or potential directional moves.
Combine with Market Structure or Liquidity Concepts:
The indicator works perfectly with supply and demand analysis, liquidity sweeps, order block strategies, or simply classic support/resistance techniques.
Scalping and Intraday Trading:
On lower timeframes (1m–15m), the daily levels help identify intraday turning points.
On higher timeframes (1h–4h or daily), the weekly levels provide broader context and directional bias.
Risk Management and Planning:
Using these levels as reference points allows for more precise stop placement, target setting, and overall trade management.
Why This Indicator Helps
Markets often react strongly around previous highs and lows because these zones contain trapped liquidity, pending orders, or institutional decision points.
By having these areas automatically mapped out, traders gain a clear and objective view of where price is likely to respond — without needing to manually draw lines every day or week.
Whether you’re a beginner still learning about price structure, or an advanced trader refining entries within liquidity zones, this tool simplifies the process and keeps your charts clean, consistent, and data-driven.
BMSB Watchlist Alert - Daily w/ 1% Proximity# Bull Market Support Band - Daily Updates with Proximity Alerts
## Overview
This indicator tracks the Bull Market Support Band (20-week SMA and 21-week EMA) with daily resolution updates and proximity warnings. The weekly moving averages update every day on your chart, giving you more frequent signals than traditional weekly-only scripts.
## What It Does
The script monitors price action relative to the BMSB and generates alerts for:
- Price crossing above or below either the 20W SMA or 21W EMA
- Price coming within 1% of either moving average (early warning system)
This proximity feature is useful for catching potential support/resistance tests before they actually happen, giving you advance notice to prepare for entries or exits.
## Key Features
- Weekly MAs that update daily for more responsive monitoring
- Configurable proximity threshold (default 1%, adjustable from 0.1% to 5%)
- Visual proximity zones shown as dotted lines around each MA
- Color-coded background highlighting (green when above both MAs, red when below both, orange when in proximity zone)
- On-chart labels for crosses and proximity warnings
- Status table showing current position relative to the band
## Setup for Watchlist Alerts
1. Add the indicator to any chart
2. Create alerts using these conditions:
- "BMSB Cross Alert" - fires on actual crosses
- "BMSB Proximity Alert" - fires when entering the 1% zone
3. Set interval to 1 day (recommended) or 4 hour for more frequent checks
4. Use "Once Per Bar Close" for the trigger option
5. Apply the same alert to your entire watchlist
## Settings
You can toggle on/off:
- Cross above alerts
- Cross below alerts
- Proximity alerts
- Proximity percentage adjustment
- Visual elements (labels, MA lines, proximity zones)
## Notes
The BMSB is commonly used in crypto markets to identify bull market pullback support levels. This implementation adds the proximity warning system to help you anticipate potential tests of these key levels rather than waiting for confirmed crosses.
Works on any timeframe but designed for daily monitoring of weekly moving averages.
GRG/RGR Signal, MA, Ranges and PivotsThis indicator is a combination of several indicators.
It is a combination of two of my indicators which I solely use for trading
1. EMA 10-20-50-200, Pivots and Previous Day/Week/Month range
2. 3/4-Bar GRG / RGR Pattern (Conditional 4th Candle)
You can use them individually if you already have some of them or just use this one. Belive me when I say, this is all you need, along with market structure knowlege and even if you don’t have that, this indicator has been doing wonders for me. This is all I use. I do not use anything else.
**Note - Do checkout the indicators individually as I have added valuable information in the comment section.
It contains the following,
1. 10 EMA/SMA - configurable
2. 20 EMA/SMA - configurable
3. 50 EMA/SMA - configurable
4. 200 EMA/SMA - configurable
5. Previous Day's Range - configurable
6. Previous Week's Range - configurable
7. Previous Month's Range - configurable
8. Pivots - configurable
9. Buy Sell Signal - configurable
The Moving Averages
It is a very important combination and using it correctly with price action will strengthen your entries and exits.
The ema's or sma's added are the most powerful ones and they do definitely act as support and resistance.
The Daily/Weekly/Monthly Ranges
The Daily/Weekly/Monthly ranges are extremely important for any trader and should be used for targets and reversals.
Pivots
Pivots can provide support and resistance level. R5 and S5 can be used to check for over stretched conditions. You can customise them however you like. It is a full pivot indicator.
It is defaulted to show R5 and S5 only to reduce noise in the chart but it can be customised.
The 3/4 RGR or GRG Signal Generator
Combined with a 3/4 RGR or GRG setup can be all a trader needs.
You don't need complex strategies and SMC concepts to trade. Simple EMAs, ranges and RGR/GRG setup is the most winning combination.
This indicator can be used to identify the Green-Red-Green or Red-Green-Red pattern.
It is a price action indicator where a price action which identifies the defeat of buyers and sellers.
If the buyers comprehensively defeat the sellers then the price moves up and if the sellers defeat the buyers then the price moves down.
In my trading experience this is what defines the price movement.
It is a 3 or 4 candle pattern, beyond that i.e, 5 or more candles could mean a very sideways market and unnecessary signal generation.
How does it work?
Upside/Green signal
1. Say candle 1 is Green, which means buyers stepped in, then candle 2 is Red or a Doji, that means sellers brought the price down. Then if candle 3 is forming to be Green and breaks the closing of the 1st candle and opening of the 2nd candle, then a green arrow will appear and that is the place where you want to take your trade.
2. Here the buyers defeated the sellers.
3. Sometimes candle 3 falls short but candle 4 breaks candle 1's closing and candle 2's opening price. We can enter on candle 4.
4. Important - We need to enter the trade as soon as the price moves above the candle 1 and 2's body and should not wait for the 3rd or 4th candle to close. Ignore wicks.
5. But for a more optimised entry I have added an option to use candle’s highs and lows instead of open and close. This reduces lot of noise and provides us with more precise entry. This setting is turned on by default.
6. I have restricted it to 4 candles and that is all that is needed. More than that is a longer sideways market.
7. I call it the +-+ or GRG pattern or Green-Red-Green or Buyer-Seller-Buyer or Seller defeated or just Buyer pattern.
8. Stop loss can be candle 2's mid for safe traders (that includes me) or candle 2's body low for risky traders.
9. Back testing suggests that body low will be useless and result in more points in loss because for the bigger move this point will not be touched, so why not get out faster.
Downside/Red signal
1. Say candle 1 is Red, which means sellers stepped in, then candle 2 is Green or a Doji, that means buyers took the price up. Then if candle 3 is forming to be Red and breaks the closing of the 1st candle and opening of the 2nd candle then a Red arrow will appear and that is the place where you want to take your trade.
2. Sometimes candle 3 falls short but candle 4 breaks candle 1's closing and candle 2's opening price. We can enter on candle 4.
3. We need to enter the trade as soon as the price moves below the candle 1 and 2's body and should not wait for the 3rd or 4th candle to close.
4. But for a more optimised entry I have added an option to use candle’s highs and lows instead of open and close. This reduces lot of noise and provides us with more precise entry. This setting is turned on by default.
5. I have restricted it to 4 candles and that is all that is needed. More than that is a longer sideways market.
6. I call it the -+- or RGR pattern or Red-Green-Red or Seller-Buyer-Seller or Buyer defeated or just Seller pattern.
7. Stop loss can be candle 2's mid for safe traders ( that includes me) or candle 2's body high for risky traders.
8. Back testing suggests that body high will be useless and result in more points in loss because for the bigger move this point will not be touched, so why not get out faster.
Combining Indicators and Signal
Combining these indicators with GRG/RGR signal can be very powerful and can provide big moves.
1. MA crossover and Signal - This is very powerful and provides a very big move. Trades can be held for longer. If after taking the trade we notice that the MA crossover has happened then trades can be held for higher targets.
2. Pivots and Signal - Pivots and add a support or resistance point. Take profits on these points. R5/S5 are over streched conditions so we can start looking for reversal signals and ignore other signals
3. Intraday Range - first 1, 5, 15 min of the day - Sideways days is when price will stay in these ranges. You can take profits at these ranges or if the range is broken and we get a signal, then it can mean that the direction will be sustained.
4. Previous Day/Week/Month Ranges - These can be used as Take Profit points if the price is moving towards them after getting the signal. If the range is broken and we get a signal then it can be a strong signal. They can also be used as reversal points if a strong signal is generated.
Important Settings
1. Include 4th Candle Confirmation - You can enable or disable the 4th candle signal to avoid the noise, but at times I have noticed that the 4th candle gives a very strong signal or I can say that the strong signal falls on the 4th candle. This is mostly a coincidence.
2. Bars to check (default 10) - You can also configure how many previous bars should the signal be generated for. 10 to 30 is good enough. To backtest increase it to 2000 or 5000 for example.
3. Use Candle High/Low for confirmation instead of Candle Open/Close - More optimized entry and noise reduction. This option is now defaulted to false.
4. Show Green-Red-Green (bull) signals - Show only bull entries. Useful when I have a predefined view i.e, I know market is going to go up today.
5. Show Red-Green-Red (bear) signals - Show only bear entries. Useful when I have a predefined view i.e, I know market is going to go down today.
6. 3rd candle should be a Strong candle before considering 4th candle - This will enforce additional logic in 4 candle setup that the 3rd candle is the candle in our direction of breakout. This means something like GRGG is mandatory, which is still the default behaviour. If disabled, the 3rd candle can be any candle and 4th candle will act as our breakout candle. This behaviour has led to breakouts and breakdowns as times, hence I added this as a separate feature. Vice-versa for a RGGR.
For a 4 candle setup till now we were expecting GRGG or RGRR but we can let the system ignore the 3rd candle completely if needed.
This will result in additional signals.
7. Three intraday ranges added for index and stock traders - 1 min, 5 min and 15 min ranges will be displayed. These are disabled by default except 15 min. These are very important ranges and in sideways days the price will usually move within the 15 min. A breakout of this range and a positive signal can be a very powerful setup.
Safe traders can avoid taking a trade in this range as it can lead to fakeouts.
The line style, width, color and opacity are configurable.
Pointers/Golden Rules
1. If after taking the trade, the next candle moves in your direction and closes strong bullish or bearish, then move SL to break even and after that you can trail it.
2. If a upside trade hits SL and immediately a down side trade signal is generated on the next candle then take it. Vice versa is true.
3. Trades need to be taken on previous 2 candle's body high or low combined and not the wicks.
4. The most losses a trader takes is on a sideways day and because in our strategy the stop loss is so small that even on a sideways day we'll get out with a little profit or worst break even.
5. Hold trades for longer targets and don't panic.
6. If last 3-4 days have been sideways then there is a good probability that today will be trending so we can hold our trade for longer targets. Inverse is true when the market has been trending for 2-3 days then volatility followed by sideways is coming (DOW theory). Target to hold the trade for whole day and not exit till the day closes.
7. In general avoid trading in the middle of the day for index and stocks. Divide the day into 3 parts and avoid the middle.
8. Use Support/Resistance, 10, 20, 50, 200 EMA/SMA, Gaps, Whole/Round numbers(very imp) for identifying targets.
9. Trail your SL.
10. For indexes I would use 5 min and 15 min timeframe and at times 10 mins.
11. For commodities and crypto we can use higher timeframe as well. Look for signals during volatile time durations and avoid trading the whole day. Signal usually gives good targets on those times.
12. If a GRG or RGR pattern appears on a daily timeframe then this is our time to go big.
13. Minimum Risk to Reward should be 1:2 and for longer targets can be 1:4 to 1:10.
14. Trade with small lot size. Money management will happen automatically.
15. With small lot size and correct Risk-Reward we can be very profitable. Don't trade with big lot size.
16. Stay in the market for longer and collect points not money.
17. Very imp - Watch market and learn to generate a market view.
18. Very imp - Only 3 type of candles are needed in trading -
Strong Bullish (Big Green candle), Strong Bearish (Big Red candle),
Hammer (it is Strong Bullish), Inverse Hammer (it is Strong Bearish)
and Doji (indecision or confusion).
If on daily timeframe I see Strong Bullish candle previous day then I am biased to the upside the next day, if I see Strong Bearish candle the previous day then I am biased to the downside the next day, if I see Doji on the previous day then I am cautious the next day, if there are back to back Dojis forming in daily or weekly then I am preparing for big move so time to go big once I get the signal.
19. Most Important Candlestick pattern - Bullish and Bearish Engulfing
20. The only Chart patterns I need -
a) Falling Wedge/Channel Bullish Pattern Uptrend or Bull Flag - Buying - Forming over a couple days for intraday and forming over a couple of weeks for swing
b) Falling Wedge/Channel Bullish Pattern Downtrend or Falling Channel - Buying
c) Rising Wedge Bearish Pattern Uptrend or Rising Channel - Selling
d) Rising Wedge Bearish Pattern Downtrend or Bear flag - Selling
e) Head and Shoulder - Over a longer period not for intraday. In 15 min takes few days and for swing 1hr or 4h or daily can take few days
f) M and W pattern - Reversal Patterns - They form within the above 4 patterns, usually resulting in the break of trend line
21. How Gaps work -
a) Small Gap up in Uptrend - Market can fill the gap and reverse. The perception is that people are buying. If previous day candle was Strong Bullish then market view is up.
b) Big Gap up in Uptrend - Not news driven - Profit booking will come but may not fill the entire gap
c) Big Gap up in Uptrend - News driven, war related, tax, interest rate - Market can keep going up without stopping.
c) Flat opening in Uptrend - Big chance of market going up. If previous day candle was Strong Bullish then view is upwards, if it was Doji then still upwards.
d) Gap down in Uptrend - Market is surprised. After going down initially it can go up
e) Small Gap down in Downtrend - Market can fill the gap and keep moving down. If previous day candle was Strong Bearish then view is still down.
f) Flat opening in Downtrend - View is down, short today.
g) Big Gap down in Downtrend - Profit booking and foolish buying will come but market view is still down.
h) Gap down with News - Volatility, sideways then down.
i) Gap Up in Downtrend - Can move up - Price can move up during 2/3rd of the day and End of the day revert and close in red.
22. Go big on bearish days for option traders. Puts are better bought and Calls are better sold.
23. Cluster of green signals can lead to bigger move on the upside and vice versa for red signals.
24. Most of this is what I learned from successful traders (from the top 2%) only the indicator is mine.
VWAP Deviation Oscillator [BackQuant]VWAP Deviation Oscillator
Introduction
The VWAP Deviation Oscillator turns VWAP context into a clean, tradeable oscillator that works across assets and sessions. It adapts to your workflow with four VWAP regimes plus two rolling modes, and three deviation metrics: Percent, Absolute, and Z-Score. Colored zones, optional standard deviation rails, and flexible plot styles make it fast to read for both trend following and mean reversion.
What it does
This tool measures how far price is from a chosen VWAP and expresses that gap as an oscillator. You can view the deviation as raw price units, percent, or standardized Z-Score. The plot can be a histogram or a line with optional fills and sigma bands, so you can quickly spot polarity shifts, overbought and oversold conditions, and strength of extension.
VWAP modes track a session VWAP that resets (4H, Daily, Weekly) or a rolling VWAP that updates continuously over a fixed number of bars or days.
Deviation modes let you choose the lens: Percent, Absolute, or Z-Score. Each highlights different aspects of stretch and mean pressure.
Visual encoding uses a 10-zone color palette to grade the magnitude of deviation on both sides of zero.
Volatility guards compute mode-specific sigma so thresholds are stable even when volatility compresses.
Why this works
VWAP is a high signal anchor used by institutions to gauge fair participation. Deviations around VWAP cluster in regimes: mild oscillations within a band, decisive pushes that signal imbalance, and standardized extremes that often precede either continuation or snapback. Expressing that distance as a single time series adds clarity: bias is the oscillator’s sign, risk context is its magnitude, and regime is the way it behaves around sigma lines.
How to use it
Trend following
Favor the side of the zero line. Bullish when the oscillator is above zero and making higher swing highs. Bearish when below zero and making lower swing lows. Use +1 sigma and +2 sigma in your mode as strength tiers. Pullbacks that hold above zero in uptrends, or below zero in downtrends, are often continuation entries.
Mean reversion
Fade stretched readings when structure supports it. Look for tests of +2 sigma to +3 sigma that fail to progress and roll back toward zero, or the mirror on the downside. Z-Score mode is best when you want standardized gates across assets. Percent mode is intuitive for intraday scalps where a given percent stretch tends to mean revert.
Session playbook
Use Daily or Weekly VWAP for intraday or swing context. Rolling modes help when the asset lacks clean session boundaries or when you want a continuous anchor that adapts to liquidity shifts.
Key settings
VWAP computation
VWAP Mode = 4 Hours, Daily, Weekly, Rolling (Bars), Rolling (Days). Session modes reset the VWAP when a new session begins. Rolling modes compute VWAP over a fixed trailing window.
Rolling (Lookback: Bars) controls the trailing bar count when using Rolling (Bars).
Rolling (Lookback: Days) converts days to bars at runtime and uses that trailing span.
Use Close instead of HLC3 switches the price reference. HLC3 is smoother. Close makes the anchor track settlement more tightly.
Deviation measurement
Deviation Mode
Percent : 100 * (Price / VWAP - 1). Good for uniform scaling across instruments.
Absolute : Price - VWAP. Good when price units themselves matter.
Z-Score : Standardizes the absolute residual by its own mean and standard deviation over Z/Std Window . Ideal for cross-asset comparability and regime studies.
Z/Std Window sets the mean and standard deviation window for Z-Score mode.
Volatility controls
Percent Mode Volatility Lookback estimates sigma for percent deviations.
Absolute Mode Volatility Lookback estimates sigma for absolute deviations.
Minimum Sigma Guard (pct pts) prevents the percent sigma from collapsing to near zero in extremely quiet markets.
Visualization
Plot Type = Histogram or Line. Histogram emphasizes impulse and polarity changes. Line emphasizes trend waves and divergences.
Positive Color / Negative Color define the palette for line mode. Histogram uses a 10-bucket gradient automatically.
Show Standard Deviations plots symmetric rails at ±1, ±2, ±3 sigma in the current mode’s units.
Fill Line Oscillator and Fill Opacity add a soft bias band around zero for line mode.
Line Width affects both the oscillator and the sigma rails.
Reading the zones
The oscillator’s color and height map deviation to nine graded buckets on each side of zero, with deeper greens above and deeper reds below. In Percent and Absolute modes, those buckets are scaled by their mode-specific sigma. In Z-Score mode the bucket edges are fixed at 0.5, 1.0, 2.0, and 2.8.
0 to +1 sigma weak positive bias, usually rotational.
+1 to +2 sigma constructive impulse. Pullbacks that hold above zero often continue.
+2 to +3 sigma strong expansion. Watch for either trend continuation or exhaustion tells.
Beyond +3 sigma statistical extreme. Requires structure to avoid fading too soon.
Mirror logic applies on the negative side.
Suggested workflows
Trend continuation checklist
Pick a session VWAP that matches your timeframe, for example Daily for intraday or Weekly for position trades.
Wait for the oscillator to hold the correct side of zero and for a sequence of higher swing lows in the oscillator (uptrend) or lower swing highs (downtrend).
Buy pullbacks that stabilize between zero and +1 sigma in an uptrend. Sell rallies that stabilize between zero and -1 sigma in a downtrend.
Use the next sigma band or a prior price swing as your target reference.
Mean reversion checklist
Switch to Z-Score mode for standardized thresholds.
Identify tests of ±2 sigma to ±3 sigma that fail to extend while price meets support or resistance.
Enter on a polarity change through the prior histogram bar or a small hook in line mode.
Fade back to zero or to the opposite inner band, then reassess.
Notes on the three modes
Percent is easy to reason about when you care about proportional stretch. It is well suited to intraday and multi-asset dashboards.
Absolute tracks cash distance from VWAP. This is useful when instruments have tight ticks and you plan risk in price units.
Z-Score standardizes the residual and is best for quant studies, cross-asset comparisons, and threshold research that must be scale invariant.
What the alerts can tell you
Polarity changes at zero can mark the start or end of a leg.
Crosses of ±1 sigma identify overbought or oversold in the current mode’s units.
Zone changes signal an upgrade or downgrade in deviation strength.
Troubleshooting and edge cases
If your instrument has long flat periods, keep Minimum Sigma Guard above zero in Percent mode so the rails do not vanish.
In Rolling modes, very short windows will respond quickly but can whip around. Session modes smooth this by resetting at well known boundaries.
If Z-Score looks erratic, increase Z/Std Window to stabilize the estimate of mean and sigma for the residual.
Final thoughts
VWAP is the anchor. The deviation oscillator is the narrative. By separating bias, magnitude, and regime into a simple stream you can execute faster and review cleaner. Pick the VWAP mode that matches your horizon, choose the deviation lens that matches your risk framework, and let the color graded zones guide your decisions.
Macro Momentum – 4-Theme, Vol Target, RebalanceMacro Momentum — 4-Theme, Vol Target, Rebalance
Purpose. A macro-aware strategy that blends four economic “themes”—Business Cycle, Trade/USD, Monetary Policy, and Risk Sentiment—into a single, smoothed Composite signal. It then:
gates entries/exits with hysteresis bands,
enforces optional regime filters (200-day bias), and
sizes the position via volatility targeting with caps for long/short exposure.
It’s designed to run on any chart (index, ETF, futures, single stocks) while reading external macro proxies on a chosen Signal Timeframe.
How it works (high level)
Build four theme signals from robust macro proxies:
Business Cycle: XLI/XLU and Copper/Gold momentum, confirmed by the chart’s price vs a long SMA (default 200D).
Trade / USD: DXY momentum (sign-flipped so a rising USD is bearish for risk assets).
Monetary Policy: 10Y–2Y curve slope momentum and 10Y yield trend (steepening & falling 10Y = risk-on; rising 10Y = risk-off).
Risk Sentiment: VIX momentum (bearish if higher) and HYG/IEF momentum (bullish if credit outperforms duration).
Normalize & de-noise.
Optional Winsorization (MAD or stdev) clamps outliers over a lookback window.
Optional Z-score → tanh mapping compresses to ~ for stable weighting.
Theme lines are SMA-smoothed; the final Composite is LSMA-smoothed (linreg).
Decide direction with hysteresis.
Enter/hold long when Composite ≥ Entry Band; enter/hold short when Composite ≤ −Entry Band.
Exit bands are tighter than entry bands to avoid whipsaws.
Apply regime & direction constraints.
Optional Long-only above 200MA (chart symbol) and/or Short-only below 200MA.
Global Direction control (Long / Short / Both) and Invert switch.
Size via volatility targeting.
Realized close-to-close vol is annualized (choose 9-5 or 24/7 market profile).
Target exposure = TargetVol / RealizedVol, capped by Max Long/Max Short multipliers.
Quantity is computed from equity; futures are rounded to whole contracts.
Rebalance cadence & execution.
Trades are placed on Weekly / Monthly / Quarterly rebalance bars or when the sign of exposure flips.
Optional ATR stop/TP for single-stock style risk management.
Inputs you’ll actually tweak
General
Signal Timeframe: Where macro is sampled (e.g., D/W).
Rebalance Frequency: Weekly / Monthly / Quarterly.
ROC & SMA lengths: Defaults for theme momentum and the 200D regime filter.
Normalization: Z-score (tanh) on/off.
Winsorization
Toggle, lookback, multiplier, MAD vs Stdev.
Risk / Sizing
Target Annualized Vol & Realized Vol Lookback.
Direction (Long/Short/Both) and Invert.
Max long/short exposure caps.
Advanced Thresholds
Theme/Composite smoothing lengths.
Entry/Exit bands (hysteresis).
Regime / Execution
Long-only above 200MA, Short-only below 200MA.
Stops/TP (optional)
ATR length and SL/TP multiples.
Theme Weights
Per-theme scalars so you can push/pull emphasis (e.g., overweight Policy during rate cycles).
Macro Proxies
Symbols for each theme (XLI, XLU, HG1!, GC1!, DXY, US10Y, US02Y, VIX, HYG, IEF). Swap to alternatives as needed (e.g., UUP for DXY).
Signals & logic (under the hood)
Business Cycle = ½ ROC(XLI/XLU) + ½ ROC(Copper/Gold), then confirmed by (price > 200SMA ? +1 : −1).
Trade / USD = −ROC(DXY).
Monetary Policy = 0.6·ROC(10Y–2Y) − 0.4·ROC(10Y).
Risk Sentiment = −0.6·ROC(VIX) + 0.4·ROC(HYG/IEF).
Each theme → (optional Winsor) → (robust z or scaled ROC) → tanh → SMA smoothing.
Composite = weighted average → LSMA smoothing → compare to bands → dir ∈ {−1,0,+1}.
Rebalance & flips. Orders fire on your chosen cadence or when the sign of exposure changes.
Position size. exposure = clamp(TargetVol / realizedVol, maxLong/Short) × dir.
Note: The script also exposes Gross Exposure (% equity) and Signed Exposure (× equity) as diagnostics. These can help you audit how vol-targeting and caps translate into sizing over time.
Visuals & alerts
Composite line + columns (color/intensity reflect direction & strength).
Entry/Exit bands with green/red fills for quick polarity reads.
Hidden plots for each Theme if you want to show them.
Optional rebalance labels (direction, gross & signed exposure, σ).
Background heatmap keyed to Composite.
Alerts
Enter/Inc LONG when Composite crosses up (and on rebalance bars).
Enter/Inc SHORT when Composite crosses down (and on rebalance bars).
Exit to FLAT when Composite returns toward neutral (and on rebalance bars).
Practical tips
Start higher timeframes. Daily signals with Monthly rebalance are a good baseline; weekly signals with quarterly rebalances are even cleaner.
Tune Entry/Exit bands before anything else. Wider bands = fewer trades and less noise.
Weights reflect regime. If policy dominates markets, raise Monetary Policy weight; if credit stress drives moves, raise Risk Sentiment.
Proxies are swappable. Use UUP for USD, or futures-continuous symbols that match your data plan.
Futures vs ETFs. Quantity auto-rounds for futures; ETFs accept fractional shares. Check contract multipliers when interpreting exposure.
Caveats
Macro proxies can repaint at the selected signal timeframe as higher-TF bars form; that’s intentional for macro sampling, but test live.
Vol targeting assumes reasonably stationary realized vol over the lookback; if markets regime-shift, revisit volLook and targetVol.
If you disable normalization/winsorization, themes can become spikier; expect more hysteresis band crossings.
What to change first (quick start)
Set Signal Timeframe = D, Rebalance = Monthly, Z-score on, Winsor on (MAD).
Entry/Exit bands: 0.25 / 0.12 (defaults), then nudge until trade count and turnover feel right.
TargetVol: try 10% for diversified indices; lower for single stocks, higher for vol-sell strategies.
Leave weights = 1.0 until you’ve inspected the four theme lines; then tilt deliberately.
Candle Opens by HAZED🎯 Candle Opens by HAZED - Multi-Timeframe Open Levels Indicator
📊 Overview
This powerful indicator displays multiple timeframe opening prices on your chart, providing crucial reference levels that institutional traders and algorithms frequently monitor. Track up to 7 different timeframe opens simultaneously, from 1-hour to yearly, with advanced visualization features including dynamic coloring, heatmap analysis, and real-time status tracking.
✨ Key Features
📈 Multi-Timeframe Support:
- 1H, 4H, Daily, Weekly, Monthly, Quarterly, and Yearly opens
- Each timeframe can be individually enabled/disabled
- Automatic visibility adjustment based on chart timeframe
🎨 Dynamic Visual System:
- Smart Color Coding: Lines automatically change color based on price position (green above, red below)
- Customizable Styling: Adjust line thickness, transparency, and colors
- Intelligent Line Positioning: Choose between equal-length or staggered lines for better visibility
- Enhanced Labels: Display timeframe only or include price with colored background
🌈 Advanced Heatmap:
- Background coloring shows overall market sentiment across all timeframes
- Gradient or solid color modes
- Instantly see when multiple timeframes align bullish or bearish
📊 Status Table Dashboard:
- Real-time overview of all active opens
- Shows current price position relative to each open
- Simplified view when all timeframes align
- Customizable position and font style
⚙️ Professional Tools:
- Alert system for new open levels
- Extended hours session support
- Price discovery mode for EOD/intraday discrepancies
- Left/right line extensions for enhanced visibility
💡 Trading Applications
Support & Resistance:
Opening prices act as natural support/resistance levels. Price often reacts at these levels, providing entry/exit opportunities.
Trend Confirmation:
When price is above multiple opens (especially higher timeframes), it confirms bullish momentum. The opposite indicates bearish pressure.
Mean Reversion:
Price tends to revert to significant opens, particularly daily and weekly levels. Use these as targets for counter-trend trades.
Breakout Trading:
Monitor when price breaks above/below clustered opens for potential continuation moves.
Risk Management:
Use opens as logical stop-loss levels or position sizing references based on distance from key opens.
🔧 Indicator Settings
Timeframes Section:
- Toggle each timeframe on/off
- Customize individual colors
Visual Style Section:
- Dynamic Colors: Auto-color based on price position
- Line Thickness: 1-4 pixels
- Transparency: 0-80%
- Extension Length: How far lines extend right
- Label Style: Plain or enhanced with price
Heatmap Section:
- Enable/disable background coloring
- Adjust transparency
- Choose gradient or solid zones
Status Table Section:
- Position on chart
- Font selection
Advanced Section:
- Enable alerts for new opens
- Price discovery mode
- Extended hours inclusion
]📈 Best Practices
1. Timeframe Selection:
- For intraday: Focus on 1H, 4H, and Daily
- For swing trading: Daily, Weekly, Monthly
- For position trading: Monthly, Quarterly, Yearly
2. Color Coding:
- Enable dynamic colors for instant sentiment reading
- Use heatmap for overall market bias
3. Confluence Zones:
- Pay special attention when multiple opens cluster
- These zones often produce stronger reactions
4. Alignment Signals:
- When all timeframes show same color = strong trend
- Mixed colors = potential consolidation or reversal zone
🎯 Pro Tips
- Volume Confirmation: Combine with volume indicators to confirm reactions at open levels
- Multiple Instruments: Compare opens across correlated assets for divergences
- News Events: Opens often act as magnets after major news releases
- Options Trading: Weekly and monthly opens align with options expiry levels
- Algorithmic Levels: Many algorithms use these opens for entries/exits
🔄 Updates in Version 8.3
- Added 1H and 4H timeframe support
- Enhanced dynamic color system
- Implemented heatmap visualization
- Added real-time status table
- Optimized performance for smoother operation
- Improved label styling options
- Better yearly timeframe detection
⚡ Performance Optimizations
This indicator uses advanced Pine Script v6 features for optimal performance:
- Efficient object reuse instead of recreation
- Smart calculation loops
- Minimal repainting
- Optimized for real-time updates
📝 Notes
- Works on all markets (stocks, forex, crypto, futures)
- Best on timeframes lower than the opens you're tracking
- Lines automatically hide when their timeframe is lower than chart timeframe
- Past opens are not displayed (indicator shows current opens only)
🙏 Credits & Support
Created by HAZED | Version 8.3
Optimized for TradingView Pine Script v6
For questions, suggestions, or bug reports, please comment below.
If you find this indicator useful, please consider leaving a like and a follow!
Remember: No indicator is perfect. Always use proper risk management and combine multiple confirmation signals in your trading decisions.
