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Adaptive Ichimoku Nexus [WillyAlgoTrader]☁️ Adaptive Ichimoku Nexus — a modern approach to the legendary all-time indicator Ichimoku Kinko Hyo. This overlay indicator replaces the fixed periods of the classic Ichimoku system with a volatility-adaptive engine that dynamically scales Tenkan-Sen, Kijun-Sen, and Senkou Span B lookback periods based on current market conditions. Every TK cross signal is scored by an 8-factor confluence engine (0–100) that combines all five Ichimoku dimensions with volume, momentum pulse, and momentum acceleration. The indicator also includes a dedicated Kumo breakout engine with retest detection, three Ichimoku-anchored SL modes with R:R-based TP levels, and a multi-timeframe Ichimoku alignment panel — creating a complete trading system built entirely on Ichimoku principles enhanced with adaptive intelligence. Ichimoku Kinko Hyo was designed in the 1930s with fixed periods (9/26/52) calibrated for the Japanese trading week. These periods remain the default worldwide, but modern markets are faster, more volatile, and trade 24/7. A fixed 26-period Kijun-Sen responds identically whether the market is in a tight range or a momentum breakout — producing late signals in trends and whipsaws in consolidation. This indicator preserves the complete Ichimoku structure — all five lines, the cloud, and the displacement — while making the periods responsive to current volatility. In high-volatility environments, all three Donchian-based periods shorten → the Tenkan reacts faster, the Kijun adapts sooner, the cloud thins and pivots quicker. In low-volatility consolidation, the periods lengthen → noise is filtered, fewer false TK crosses, thicker cloud provides stronger S/R. The entire Ichimoku system breathes with the market. 🧩 WHY THESE COMPONENTS WORK TOGETHER Classic Ichimoku already integrates five components into one system: Tenkan-Sen (momentum), Kijun-Sen (trend), Senkou Span A/B (future S/R), and Chikou Span (lagging confirmation). The genius of Ichimoku is that these five dimensions are designed to confirm each other — a "5/5 alignment" is one of the strongest signals in technical analysis. This indicator enhances the system at three levels: Level 1 — Adaptive periods: The volatility engine scales all three Donchian-based components (Tenkan, Kijun, Span B) proportionally, preserving the Ichimoku ratios while adapting the speed. This means the relationship between Tenkan and Kijun (the core signal mechanism) stays consistent — they just both become faster or slower together. Level 2 — Confluence scoring: Instead of manually checking "Is Tenkan above Kijun? Is price above cloud? Is Chikou confirming?" — the 8-factor engine quantifies every Ichimoku dimension plus volume and momentum into a single 0–100 score. A score of 85 means virtually every Ichimoku component plus momentum and volume agrees. A score of 35 means the signal is conflicted — skip it. Level 3 — Structural TP/SL: The Kumo edge and Kijun-Sen are natural Ichimoku support/resistance levels. Using them as stop-loss anchors (instead of arbitrary ATR multiples) produces structurally meaningful stops that respect the same framework generating the signals. Level 4 — Momentum Pulse: Classic Ichimoku has no built-in momentum acceleration measure. The Momentum Pulse engine quantifies how fast the TK spread is changing and which direction the future cloud is rotating — capturing the urgency behind each signal. Without adaptive periods, the system is rigid. Without scoring, you must manually assess 5+ factors. Without structural SL, your risk management ignores Ichimoku's own S/R levels. Without the Momentum Pulse, you can't distinguish between a strong and a fading TK cross. Each layer adds a dimension that classic Ichimoku lacks. 🔍 WHAT MAKES IT ORIGINAL 1️⃣ Volatility-adaptive Ichimoku periods. When Adaptive mode is on, each Donchian midline (Tenkan, Kijun, Span B) uses a volatility-scaled period: adaptedPeriod = basePeriod × (1 + strength × (1 − 2 × volRatio)) Where volRatio = (currentATR − lowestATR) / (highestATR − lowestATR) over the volatility lookback (default 50 bars), normalized to 0–1. When volRatio → 1 (high volatility): adaptedPeriod = basePeriod × (1 − strength) — periods shorten When volRatio → 0 (low volatility): adaptedPeriod = basePeriod × (1 + strength) — periods lengthen The Adapt Strength parameter (default 0.4 = ±40%) controls the range of scaling. With basePeriod=26 and strength=0.4: periods range from 16 (high vol) to 36 (low vol). Each adapted period is clamped to a valid range and fed into the standard Donchian midline formula: (highest(high, period) + lowest(low, period)) / 2. This means all five Ichimoku lines (Tenkan, Kijun, Senkou A, Senkou B, Chikou) adapt proportionally — the system remains internally consistent. In Classic mode, the standard fixed periods are used unchanged. 2️⃣ 8-factor confluence scoring engine (0–100). Every bar computes both a bullish and bearish score from 8 factors: — 📐 Price vs Cloud (20 pts) : above cloud = 20, inside = 8, below = 0 (bull). Symmetric for bear. The cloud is the strongest S/R in Ichimoku. — ⚡ TK alignment (15 pts) : Tenkan > Kijun = 15 (bull). The core Ichimoku momentum signal. — 👁️ Chikou confirmation (15 pts) : Chikou Span above price at displaced position = 15 (bull). The lagging confirmation. — ☁️ Cloud direction (10 pts) : Span A slope > Span B slope = 10 (bull). Future cloud turning bullish indicates trend momentum. — 📏 Kumo thickness (8 pts) : thick cloud = 8, thin cloud = 2. Thick cloud provides stronger S/R backing. — 📈 Volume (10 pts) : volume > SMA(20) × 1.2 = 10. Confirms institutional participation. — 💪 Momentum alignment (12 pts) : Momentum Pulse > 20 = 12, > 0 = 6. Strong momentum behind the signal. — 🚀 Momentum acceleration (10 pts) : Momentum Pulse rising = 10. Trend is accelerating, not fading. Max score = 100. Signals require score ≥ Min Confluence Score (default 50). Grades: Strong (≥ 80), Standard (≥ 50), Weak (< 50). 3️⃣ Momentum Pulse engine (−100 to +100). A composite momentum measure built from three Ichimoku-derived components: — TK spread normalized by ATR (weight 40): tkSpreadNorm = (Tenkan − Kijun) / ATR. Measures how far apart the momentum and trend lines are relative to volatility. — TK spread acceleration (weight 100): tkSpreadNorm − tkSpreadNorm . Measures how fast the spread is changing — captures momentum buildup. — Cloud slope differential (weight 30): (ΔSpanA − ΔSpanB) / ATR over 5 bars. Measures whether the future cloud is rotating bullish or bearish. Combined: momentumPulse = tkSpread×40 + tkAcceleration×100 + cloudSlope×30, clamped to , smoothed with EMA(5). States: Accelerating (rising + positive), Bull Fading (falling + positive), Bear Accelerating (falling + negative), Bear Fading (rising + negative). 4️⃣ Three Ichimoku-anchored SL modes. Stop-loss placement uses Ichimoku structure: — Kumo Edge (default): SL at the nearest cloud boundary (kumoBot for longs, kumoTop for shorts) + ATR buffer. The cloud is Ichimoku's primary S/R — placing the stop here means your stop is at the strongest structural level in the framework. — Kijun : SL at the Kijun-Sen ± ATR buffer. The Kijun is Ichimoku's equilibrium line — price tends to return to it. — ATR : SL at entry ± 2× ATR. Pure volatility-based fallback. TP1/TP2/TP3 are R:R multiples of the risk distance (default 1.5/2.5/4.0). A minimum risk distance of 0.5× ATR is enforced. 5️⃣ Kumo breakout engine with retest detection. Detects when price closes above the cloud (was below or inside on the previous bar) with volume confirmation: — kumoBreakUp: close > kumoTop AND previous close ≤ kumoTop AND volume > SMA(20) × breakoutMultiplier — kumoBreakDown: close < kumoBot AND previous close ≥ kumoBot AND same volume condition After a breakout, a retest signal fires if within 10 bars, price touches the cloud edge and closes back on the breakout side — confirming the cloud has flipped from resistance to support (or vice versa). Retest signals appear as small circles distinct from the larger diamond breakout markers. 6️⃣ Kijun-Sen S/R zone detection. When the Kijun-Sen has been flat for 4+ consecutive bars and then starts moving, the flat level is marked as a support/resistance zone (shaded box ± 0.15× ATR). Flat Kijun is a well-known Ichimoku S/R concept — price tends to be attracted to flat Kijun levels. The indicator automates this detection and visualization. 7️⃣ Multi-timeframe Ichimoku alignment panel. Three configurable timeframes (default 15M/1H/4H) each compute a full Ichimoku state using the classic periods: — Bull ● : close > cloud AND Tenkan > Kijun — Bear ● : close < cloud AND Tenkan < Kijun — Neutral ○ : anything else The panel shows per-TF alignment plus a summary: ALL BULL ✓ (all 3 TFs bullish), ALL BEAR ✓ (all 3 bearish), or Mixed. All MTF data uses + lookahead_on for non-repainting. ⚙️ HOW IT WORKS — CALCULATION FLOW Step 1 — Volatility measurement: ATR(14) is normalized to 0–1 by its position within the recent high-low range over the volatility lookback. Step 2 — Period adaptation: Each base period (9/26/52) is scaled by the adapt strength and vol ratio. High vol → shorter periods, low vol → longer. Classic mode bypasses this. Step 3 — Ichimoku calculation: Tenkan = Donchian midline (adapted period). Kijun = Donchian midline (adapted period). Senkou A = avg(Tenkan, Kijun). Senkou B = Donchian midline (adapted period). Chikou = source price. Cloud displaced forward by displacement bars. Step 4 — Kumo at current bar: Span A and Span B are read at displacement offset to get the current cloud boundaries. Thickness, price position (above/below/inside), and thin-cloud status are computed. Step 5 — Momentum Pulse: TK spread, spread acceleration (vs 3 bars ago), and cloud slope differential — combined and EMA-smoothed. Step 6 — Confluence scoring: 8 factors evaluated. Bull and bear scores computed independently. Step 7 — Signals: TK cross + score threshold + enabled filters (Kumo thickness, volume, Chikou) → confirmed buy/sell. Kumo breakout: cloud boundary cross + volume surge → breakout signal. Retest: cloud edge touch within 10 bars of breakout. Step 8 — TP/SL: SL from Kumo edge / Kijun / ATR mode. TPs as R:R multiples. TP/SL hits tracked per trade. 📖 HOW TO USE 🎯 Quick start: 1. Add the indicator — the Ichimoku cloud and lines appear (adaptive by default) 2. "Long 78%" / "Short 65%" labels = TK cross signals with confluence score 3. ☁▲ / ☁▼ diamonds = Kumo breakout signals 4. Entry, SL, TP1–TP3 lines appear on each signal 5. Check the MTF panel for multi-timeframe alignment 👁️ Reading the chart: — 🔵 Blue line = Tenkan-Sen (conversion, fast) — 🔴 Pink line = Kijun-Sen (base, slow) — 🟠 Orange line (displaced back) = Chikou Span — 🟩🟥 Cloud fill = Kumo (green bullish, red bearish) — 🟢 "Long XX%" label = confirmed bullish TK cross with score — 🔴 "Short XX%" label = confirmed bearish TK cross with score — 💎 Cyan diamond = Kumo breakout (☁▲ up / ☁▼ down) — ⚫ Small circle = Kumo edge retest — 🟪 Shaded zone = flat Kijun S/R area — 🔵 Blue line = entry, 🔴 red = SL, 🟢 green = TP1/TP2/TP3 📊 Dashboard fields: — Mode: Adaptive / Classic — Trend: Bullish / Bearish / Neutral (price vs cloud + TK alignment) — Signal: last signal with bars elapsed — Score: confluence percentage with color grade — Momentum: Pulse state + value (Accelerating / Bull Fading / Bear Accel / etc.) — Cloud: price position (Above / Below / Inside / Thin) — Trade: TP/SL progress (→ TP1, TP1 ✓ → TP2, TP3 ✓ Closed, SL ✗ Closed) — MTF: 3-timeframe Ichimoku alignment + summary (ALL BULL / ALL BEAR / Mixed) — Version 🔧 Tuning guide: — Too many weak signals: increase Min Score (60–80), enable all filters — Missing signals: decrease Min Score (30–40), disable Chikou filter — Adaptive too aggressive: decrease Adapt Strength (0.2–0.3) or increase Volatility Lookback (100+) — Want classic Ichimoku: switch to Classic mode — pure 9/26/52 with scoring and TP/SL — Stops too tight: increase SL ATR Buffer (0.7–1.0) or switch to ATR SL mode — Scalping: Conversion 5, Base 13, Span B 26, Displacement 13, Min Score 40 — Swing: Conversion 12, Base 34, Span B 68, Displacement 34, Min Score 65 ⚙️ KEY SETTINGS REFERENCE ⚙️ Main: — Calculation Mode (default Adaptive): Adaptive / Classic — Conversion/Base/Span B/Displacement (default 9/26/52/26) 🔄 Adaptive Engine: — Volatility Lookback (default 50): ATR normalization window — Adapt Strength (default 0.4): period scaling range (±40%) 🔍 Filters: — Min Confluence Score (default 50): 0–100 threshold — Kumo Thickness Filter (default On): suppress in thin cloud — Volume Filter (default On): auto-disabled on forex — Chikou Confirmation (default On): require lagging span alignment 🎯 Smart TP/SL: — SL Mode (default Kumo Edge): Kumo Edge / Kijun / ATR — SL ATR Buffer (default 0.5): padding beyond SL level — TP1/TP2/TP3 R:R (default 1.5/2.5/4.0) 💥 Kumo Breakout: — Breakout Vol Mult (default 1.3): volume surge requirement — Show Retest Signals (default On): cloud edge retest detection 🔄 Multi-Timeframe: — TF 1/2/3 (default 15/60/240): configurable timeframes 🔔 Alerts — 🟢 BUY / 🔴 SELL — TK cross with score, SL, TP1–TP3 — ☁️▲ KUMO BREAK UP / ☁️▼ KUMO BREAK DOWN — 🎯 TP1 HIT / 🛑 SL HIT All support plain text and JSON webhook format. Bar-close confirmed. ⚠️ IMPORTANT NOTES — 🚫 No repainting. All TK cross signals and Kumo breakouts require barstate.isconfirmed. MTF data uses + lookahead_on. A warmup period (Span B + displacement, minimum 80 bars) prevents signals during insufficient data. — ☁️ This preserves the complete Ichimoku structure. All five lines, the cloud, displacement, and Chikou are computed exactly as Ichimoku specifies — the only change is that in Adaptive mode, the three Donchian periods scale with volatility. Switching to Classic mode produces a standard Ichimoku with no modifications. — 📐 The adaptive engine scales all three periods proportionally using the same vol ratio and strength. The relationship between Tenkan (fast) and Kijun (slow) is preserved — they don't drift independently. — ⚖️ The confluence score is Ichimoku-native . Six of eight factors (price vs cloud, TK alignment, Chikou, cloud direction, Kumo thickness, momentum) are derived directly from Ichimoku components. Only volume and momentum acceleration are external additions. — 📊 The Momentum Pulse is not a standalone oscillator — it's derived from TK spread dynamics and cloud rotation, both Ichimoku-native measurements. It quantifies what experienced Ichimoku traders assess visually: "Is this TK cross strong and accelerating, or weak and fading?" — 🔄 Kumo breakout retest detection uses a 10-bar window after the initial breakout. Retests beyond 10 bars are not tracked. — 🛠️ This is a signal and analysis tool , not an automated trading bot. It enhances Ichimoku with adaptive periods, scoring, and risk management — trade decisions remain yours. — 🌐 Works on all markets and timeframes. Volume filter auto-disables on instruments without volume data.
Pine Script® インジケーター
WillyAlgoTraderの投稿
14
Hosoda Wave Targets [UAlgo]Hosoda Wave Targets is a wave projection tool inspired by the classical Hosoda target framework. The script identifies a three point swing structure using confirmed pivots, classifies that structure as either bullish or bearish, and then projects forward target levels from the completed A B C wave. Instead of drawing generic extension levels, it uses Hosoda style wave arithmetic to produce V, N, and E targets, while also calculating NT internally. The logic begins with swing detection. Once the script has three valid pivots in sequence, it checks whether they form a proper bullish wave or bearish wave. A bullish wave requires a low, then a high, then a higher low. A bearish wave requires a high, then a low, then a lower high. If the structure is valid and does not overlap with the previous completed pattern, the script creates a new wave object and calculates its targets. The visual output is built around the A B C D sequence. A, B, and C label the measured swing points, while D is placed at the projected N target time and price. The script also draws a dotted path for the original A to B and B to C legs, then projects the C to D path toward the N objective. In addition, horizontal V, N, and E target lines are plotted forward so the user can see the three main Hosoda price objectives at a glance. This makes the indicator useful for traders who want a structured wave target model rather than a standard Fibonacci extension tool. Because the wave must pass a specific pivot sequence test before targets are shown, the script stays focused on clean swing structures instead of projecting from every random oscillation in price. In practical use, Hosoda Wave Targets can help with wave mapping, objective placement, and scenario planning after a three point structure is completed. It works especially well as a framework for comparing potential continuation targets once a valid A B C sequence is already in place. 🔹 Features 🔸 Automatic A B C Wave Detection The script continuously tracks confirmed pivot highs and pivot lows, then checks whether the latest three pivots form a valid bullish or bearish Hosoda wave structure. 🔸 Bullish and Bearish Pattern Recognition A bullish structure requires a low, then a high, then a higher low. A bearish structure requires a high, then a low, then a lower high. This keeps the wave logic clear and directional. 🔸 Hosoda Style Price Targets Once a valid wave is found, the script calculates classic Hosoda V, N, and E targets. It also computes the NT target internally as part of the target model. 🔸 Time Projection for D Point The projected D point is placed using the Hosoda N time relationship. This means the script is not only projecting price, but also projecting where that objective sits in bar time. 🔸 Clear Wave Path Visualization The A to B and B to C legs are drawn as dotted structural guides, while the C to D path toward the N target is drawn as the forward projection leg. 🔸 Color Coded Target Lines V, N, and E targets are drawn with separate colors so the user can distinguish between the major Hosoda objectives quickly. 🔸 Last Wave Only Option The script can either show only the most recent valid wave or keep multiple wave drawings on the chart, depending on the selected setting. 🔸 Overlap Protection A new wave is only accepted when its first pivot does not overlap the prior completed pattern. This reduces repeated stacking of wave projections over the same structure. 🔹 Calculations 1) Defining the Core Data Objects type Point int bar_index float price bool isHigh type HosodaTargets float v float n float e float nt float p int time_n type Wave Point a Point b Point c int direction This is the structural foundation of the indicator. A Point stores one pivot with its bar index, price, and whether it is a high or low. A HosodaTargets object stores the projected target values: V, N, E, NT, an unused placeholder P, and the projected time for the N target. A Wave object stores the three actual swing points A, B, and C, along with the direction of the structure. So before any drawing is done, the script already has a clear data model for pivots, waves, and targets. 2) Detecting Pivot Highs and Pivot Lows float ph = ta.pivothigh(high, pivotLength, pivotLength) float pl = ta.pivotlow(low, pivotLength, pivotLength) This is the pivot discovery step. The script uses the selected pivot length on both the left and right side, which means a pivot is only confirmed after enough bars have passed. This avoids premature wave labeling on unconfirmed turning points. When a pivot high is confirmed, it becomes a candidate high point. When a pivot low is confirmed, it becomes a candidate low point. So the whole wave engine is built from confirmed swing structure rather than from temporary price fluctuations. 3) Storing Recent Pivot Points if not na(ph) pivots.push(Point.new(bar_index - pivotLength, ph, true)) if not na(pl) pivots.push(Point.new(bar_index - pivotLength, pl, false)) if pivots.size() > 10 pivots.shift() Once a pivot is confirmed, the script converts it into a Point object and stores it in the pivot array. The true pivot bar is pivotLength bars in the past, so the script uses bar_index - pivotLength as the pivot location. The pivot history is capped at ten points. This keeps the structure engine focused on recent swings and avoids unnecessary buildup of old pivots. 4) Building the Candidate A B C Structure if pivots.size() >= 3 and (not na(ph) or not na(pl)) Point pA = pivots.get(pivots.size() - 3) Point pB = pivots.get(pivots.size() - 2) Point pC = pivots.get(pivots.size() - 1) This block selects the latest three stored pivots and treats them as a potential A B C sequence. The script does not skip around the array looking for arbitrary combinations. It always evaluates the latest three pivots in sequence. That keeps the pattern logic straightforward and tied to the most recent confirmed structure. So every wave begins as a direct test of the newest three pivot points. 5) Bullish Wave Validation bool isValidUptrend = not pA.isHigh and pB.isHigh and not pC.isHigh and pB.price > pA.price and pB.price > pC.price and pC.price > pA.price This line defines the bullish Hosoda wave condition. For a bullish structure: A must be a low, B must be a high, C must be a low, B must sit above both A and C, and C must remain above A. That last condition is important because it ensures the pullback at C is a higher low rather than a full structural failure. So the script only accepts bullish waves that look like an advancing move followed by a constructive retracement. 6) Bearish Wave Validation bool isValidDowntrend = pA.isHigh and not pB.isHigh and pC.isHigh and pB.price < pA.price and pB.price < pC.price and pC.price < pA.price This is the mirror condition for bearish waves. For a bearish structure: A must be a high, B must be a low, C must be a high, B must sit below both A and C, and C must remain below A. This ensures the move represents a decline followed by a lower high retracement, which is the bearish counterpart of the bullish wave structure. So the script only projects bearish targets when the A B C pattern shows proper downside sequence. 7) Preventing Pattern Overlap bool isNotOverlapping = pA.bar_index >= lastPatternEnd This is the overlap protection rule. The script tracks the end of the previous completed pattern and requires the new A point to begin at or after that location. If the new structure starts inside the previous wave’s territory, it is ignored. This reduces repetitive wave printing over the same swing area and keeps the output cleaner. So the chart shows more distinct wave structures instead of heavily overlapping ones. 8) Assigning Wave Direction int dir = isValidUptrend ? 1 : -1 Wave newWave = Wave.new(pA, pB, pC, dir) Once the script confirms that the latest three pivots form a valid structure, it assigns a direction: 1 for bullish, -1 for bearish. That direction then controls how the target formulas are calculated. So all later math depends on whether the wave is an advancing or declining structure. 9) Calculating the Hosoda Time Projection int _time_n = this.c.bar_index + (this.b.bar_index - this.a.bar_index) This is the time projection used for the D point and the N target. The script measures the bar distance from A to B, then adds that same distance forward from C. That projected index becomes time_n . So the wave does not only project price objectives. It also projects when the N objective would align in bar space according to the A to B rhythm. 10) Bullish V, N, E, and NT Target Formulas if this.direction == 1 _v := this.b.price + (this.b.price - this.c.price) _n := this.c.price + (this.b.price - this.a.price) _e := this.b.price + (this.b.price - this.a.price) _nt := this.c.price + (this.c.price - this.a.price) These are the bullish target formulas. For bullish waves: V projects the B to C distance upward from B. N projects the A to B distance upward from C. E projects the A to B distance upward from B. NT projects the A to C distance upward from C. Each target represents a different Hosoda style price relationship. The script calculates all four, although only V, N, and E are drawn visually in the current implementation. So the script provides a full bullish target set, with one of the values kept internally for future expansion or interpretation. 11) Bearish V, N, E, and NT Target Formulas else if this.direction == -1 _v := this.b.price - (this.c.price - this.b.price) _n := this.c.price - (this.a.price - this.b.price) _e := this.b.price - (this.a.price - this.b.price) _nt := this.c.price - (this.a.price - this.c.price) These are the bearish equivalents. For bearish waves: V projects the C to B distance downward from B. N projects the A to B distance downward from C. E projects the A to B distance downward from B. NT projects the A to C distance downward from C. So the same target families are preserved, but the math is reversed to match bearish structure. 12) Returning the Target Object HosodaTargets.new(_v, _n, _e, _nt, 0.0, _time_n) After the formulas are calculated, the script packages them into a HosodaTargets object. This makes it easy to pass all target information into the drawing method in one structured object. Note that the p field is currently filled with 0.0 and is not used elsewhere in the script. So the active practical targets in this version are V, N, E, and the projected time index for N. 13) Drawing the A B C Labels label lA = label.new(this.a.bar_index, this.a.price, "A", color=lblBgColor, textcolor=lblTextColor, style=this.direction == 1 ? label.style_label_up : label.style_label_down, size=size.small) label lB = label.new(this.b.bar_index, this.b.price, "B", color=lblBgColor, textcolor=lblTextColor, style=this.direction == 1 ? label.style_label_down : label.style_label_up, size=size.small) label lC = label.new(this.c.bar_index, this.c.price, "C", color=lblBgColor, textcolor=lblTextColor, style=this.direction == 1 ? label.style_label_up : label.style_label_down, size=size.small) These labels mark the confirmed swing points of the pattern. Their placement style changes according to wave direction so the labels sit in a visually readable position relative to price. So the user can immediately see the measured A B C structure before looking at any target levels. 14) Placing the Projected D Label label lD = label.new(targets.time_n, targets.n, "D", color=lblBgColor, textcolor=lblTextColor, style=this.direction == 1 ? label.style_label_down : label.style_label_up, size=size.small) The D label is placed at the projected N time and N price. This does not mean D is a confirmed pivot. It is the projected completion point of the main wave objective according to the N relationship. So D acts as a forward reference point, not a confirmed market event. 15) Drawing the Structural A to B and B to C Legs line ab = line.new(this.a.bar_index, this.a.price, this.b.bar_index, this.b.price, color=color.gray, width=1, style=line.style_dotted) line bc = line.new(this.b.bar_index, this.b.price, this.c.bar_index, this.c.price, color=color.gray, width=1, style=line.style_dotted) These two dotted lines draw the original measured wave. They are not target lines. They simply show the actual A to B impulse and B to C correction that were used to build the projection. So the user can visually separate measured structure from projected structure. 16) Drawing the C to D Projection Path line cd = line.new(this.c.bar_index, this.c.price, targets.time_n, targets.n, color=cN, width=1) This line connects the confirmed C pivot to the projected D point at the N target. It visually represents the expected continuation path of the wave according to the N target model. So the script does not leave the targets floating independently. It ties the projected move directly back to the completed C point. 17) Drawing the V, N, and E Target Lines line vLine = line.new(this.c.bar_index, targets.v, targets.time_n + 10, targets.v, color=color.new(cV, 0), style=line.style_dashed, width=1) line nLine = line.new(this.c.bar_index, targets.n, targets.time_n + 10, targets.n, color=color.new(cN, 0), style=line.style_dashed, width=1) line eLine = line.new(this.c.bar_index, targets.e, targets.time_n + 10, targets.e, color=color.new(cE, 0), style=line.style_solid, width=1) These horizontal lines display the three visible price objectives. V and N are drawn as dashed lines. E is drawn as a solid line. Each starts from the C area and extends forward beyond the projected D time. This makes it easier to compare the three target levels side by side. It is worth noting that NT is calculated but not drawn in this version of the script. So the visible target framework here focuses on V, N, and E. 18) Drawing the Target Labels label vLbl = label.new(targets.time_n + 10, targets.v, "V " + str.tostring(targets.v, format.mintick), textcolor=cV, style=noBgStyle, size=size.small, textalign=text.align_left) label nLbl = label.new(targets.time_n + 10, targets.n, "N " + str.tostring(targets.n, format.mintick), textcolor=cN, style=noBgStyle, size=size.small, textalign=text.align_left) label eLbl = label.new(targets.time_n + 10, targets.e, "E " + str.tostring(targets.e, format.mintick), textcolor=cE, style=noBgStyle, size=size.small, textalign=text.align_left) Each visible target line gets its own text label showing both the target family and the exact projected price. This is useful because Hosoda targets often overlap or sit close to one another. The labels remove ambiguity and make it easy to read exact values directly from the chart. 19) Show Only Last Wave Mode if showOnlyLast while drawings.size() > 0 WaveDrawing d = drawings.shift() d.clear() This setting controls how much history remains visible. If enabled, every time a new valid wave appears, all prior wave drawings are deleted first. That leaves only the most recent wave and its targets on the chart. If disabled, multiple valid waves can remain visible. So the user can choose between a clean single setup view or a historical wave map. 20) Clearing Old Drawings method clear(WaveDrawing this) => if not na(this) this.lineAB.delete() this.lineBC.delete() this.lineCD.delete() this.lblA.delete() this.lblB.delete() this.lblC.delete() this.lblD.delete() this.lineV.delete() this.lineN.delete() this.lineE.delete() this.lblV.delete() this.lblN.delete() this.lblE.delete() This cleanup method deletes every visual object associated with one stored wave drawing. That includes: the structural lines, the projected line, the point labels, the target lines, and the target labels. So the indicator can safely remove prior patterns without leaving stale objects on the chart.
Pine Script® インジケーター
UAlgoの投稿
Sniper Entry/Exit with SL&TP by KhanSaab V.02Overview KhanSaab Sniper V.02 is a professional-grade trend-following indicator designed for scalping and day trading. It combines momentum, trend alignment, and volatility to identify high-probability entries. Key Features Smart Sniper Candles: * Black Candles: Represent a fresh "Signal" entry (EMA Cross). Orange Candles: Represent a "Retest" setup (Price pulling back to the EMA9/21 ribbon within a trend). Green/Red Outlines: Regardless of body color, outlines show the actual bar close (Bullish/Bearish) for price action clarity. Multi-Factor Dashboard: A 16-item real-time monitor checking RSI (current & 5m), MACD, ADX Strength, Volatility, and VWAP positioning. Dynamic Risk Management: Automatically calculates Stop Loss (SL) and 5 Take Profit (TP) levels based on ATR volatility. Progressive Target Tracking: TP lines change from Green to Turquoise and display a 🔥 icon once hit. How to Trade Buy Signal: Look for a BUY label and a Black candle. Ensure the "Bull Score" on the dashboard is high (>60%). Sell Signal: Look for a SELL label and a Black candle. Ensure the "Bear Score" is dominant. Retest Entry: If you missed the initial move, look for Orange candles touching the EMA Ribbon for a secondary entry. Exit: Take profits at the Turquoise TP levels or trail your stop along the EMA21.
Pine Script® インジケーター
TheKhanSaahabの投稿
169
Squeeze Breakout Pro [WillyAlgoTrader]Squeeze Breakout Pro (SBP) is an overlay indicator that detects volatility compression zones where Bollinger Bands contract inside a Keltner Channel, waits for a confirmed directional breakout with volume and momentum validation, and then maps a complete trade framework: structural stop loss at the opposite side of the range, and three take-profit targets calculated as R-multiples of the range width using Fibonacci-based extensions. A built-in dashboard tracks TP hit rates across the chart's history so you can evaluate the setup's statistical behavior on any instrument and timeframe. The concept of a "squeeze" — Bollinger Bands narrowing inside Keltner Channels — has been around for decades. What SBP adds is a structured decision pipeline: it doesn't just flag the squeeze, it qualifies it with ADX to confirm a genuine range-bound condition, requires volume confirmation on the breakout bar, defines exact entry/SL/TP levels, and tracks how often each target is reached — turning a raw volatility observation into a repeatable trade setup with measurable outcomes. 🔍 WHAT MAKES IT ORIGINAL 1. Squeeze qualification via ADX filter. A standard BB-inside-KC squeeze fires frequently and includes many false compressions during trending pullbacks. SBP adds an ADX filter that requires the Average Directional Index to be below a user-defined threshold (default 21) during the squeeze phase. This ensures the consolidation is a genuine range-bound condition — not a brief pause in a strong trend that would produce a low-quality breakout. The combination of BB/KC compression + low ADX produces significantly fewer but higher-quality squeeze zones. 2. Minimum squeeze duration requirement. Not every momentary BB/KC overlap deserves attention. SBP requires a configurable minimum number of consecutive squeeze bars (default 5) before the range is considered valid. Short, fleeting compressions are ignored. This filters out the noise that plagues most squeeze indicators on lower timeframes. 3. Structural stop loss with ATR padding. Instead of a fixed-pip or fixed-percentage stop, SBP places the stop loss at the opposite boundary of the detected consolidation range — the natural structural level — plus a configurable ATR-based padding (default 20% of ATR). For a bullish breakout, SL sits below the range low; for bearish, above the range high. This gives the stop a structural reason to exist, tied to the actual price action that formed the squeeze. 4. R-multiple targets using Fibonacci extensions. Take-profit levels are calculated as multiples of the range width projected from the entry price: — TP1 at 0.618× range width (conservative, first scale-out) — TP2 at 1.0× range width (full range projection) — TP3 at 1.618× range width (golden ratio extension) All three multipliers are fully configurable. The range width serves as the natural "R" unit because it represents the energy stored during compression — wider ranges store more energy and project further. 5. Built-in TP/SL hit-rate tracking. The dashboard counts every breakout signal on the visible chart and tracks how many times each TP level was reached versus how many times the SL was hit. This gives you an instant statistical profile of the setup's behavior on the current instrument and timeframe — no external backtesting tool required. The hit rates update in real time as new signals form. 6. Overlap prevention. An optional toggle (on by default) prevents a new squeeze zone from forming if it would overlap with the previous one, avoiding redundant signals in choppy markets where squeezes cluster. ⚙️ HOW IT WORKS Step 1 — Squeeze detection: On each bar, the script calculates Bollinger Bands (SMA ± StdDev × multiplier) and a Keltner Channel (SMA ± ATR × multiplier) using the same base length. When both BB boundaries sit inside both KC boundaries (upper BB < upper KC AND lower BB > lower KC), the market is in a squeeze. If the ADX filter is enabled, the squeeze is only valid when ADX is also below the threshold — confirming low directional momentum. Step 2 — Range construction: While the squeeze is active, the script tracks the highest high and lowest low across all squeeze bars, building a dynamic range box. When the squeeze condition ends (BB expands beyond KC or ADX rises), the range is locked — but only if the squeeze lasted at least the minimum required bars. The locked range defines the consolidation zone for breakout detection. Step 3 — Breakout confirmation: After the range is locked, the script watches for a confirmed bar close above the range high (bullish breakout) or below the range low (bearish breakout). If volume confirmation is enabled, the breakout bar must also have volume exceeding the SMA(volume) × the configured multiplier. All breakout signals require barstate.isconfirmed — they trigger only on bar close and do not repaint. Step 4 — Trade framework: On breakout, the script calculates and plots: — Entry: the breakout bar's close price — SL: opposite range boundary ± ATR padding — TP1 / TP2 / TP3: entry ± (range width × configured multipliers) These levels extend forward as horizontal lines with a risk/reward fill zone until a target or stop is hit. When TP3 or SL is reached (bar close), the trade is closed and levels stop extending. Step 5 — Hit tracking: Each TP level and the SL are monitored on every confirmed bar after entry. When price touches (via high/low) a TP level, it is marked as hit. If SL is hit before TP3, the trade closes at a loss. The dashboard aggregates these outcomes across all signals on the chart. Volume on forex: On instruments without volume data (common on forex), the volume filter is automatically bypassed — so the indicator works seamlessly across asset classes without manual adjustment. 📖 HOW TO USE Reading the chart: — Yellow-tinted boxes = detected squeeze zones (consolidation ranges) — "Long" label below bar = confirmed bullish breakout — "Short" label above bar = confirmed bearish breakout — Green line = entry level — Red dashed line = stop loss — Dotted/solid green lines = TP1 / TP2 / TP3 — Green-tinted fill between entry and TP3 = reward zone — Red-tinted fill between entry and SL = risk zone Suggested workflow: — Wait for a squeeze zone to form and lock (box appears, disappears when squeeze ends) — Dashboard shows "Pending" when a valid range is ready for breakout — On breakout, evaluate the signal: check TP/SL levels, assess the range width, and decide position size based on the distance to SL — Use TP1 for conservative partial exit, TP2 for second scale-out, TP3 for runner — Review the TP1/TP3 hit rates in the dashboard to calibrate your expectations for the current instrument Timeframe guidance: — Scalping (1–5min): Squeeze Length 10–15, Min Squeeze Bars 3–5, ADX threshold 25 — Intraday (15min–1H): Squeeze Length 15–20, Min Squeeze Bars 5–8, default settings — Swing (4H–Daily): Squeeze Length 20–30, Min Squeeze Bars 8–15, ADX threshold 18–20 — The longer the squeeze and higher the timeframe, the more energy stored → larger projected targets ⚙️ KEY SETTINGS REFERENCE — Squeeze Length (default 13): shared period for BB and KC — higher = detects longer consolidations — BB Multiplier (default 2.0): Bollinger Bands standard deviation multiplier — KC Multiplier (default 1.2): Keltner Channel ATR multiplier — the gap between BB and KC multipliers controls how easily a squeeze triggers — ADX Filter (default On): require low directional movement during squeeze — ADX Threshold (default 21): maximum ADX value for valid squeeze — lower = stricter — Volume Confirmation (default On): require volume spike on breakout bar (auto-disabled on forex) — Volume Spike Mult (default 1.3): breakout volume must exceed SMA × this multiplier — Min Squeeze Bars (default 5): minimum consecutive squeeze bars for valid range — Prevent Overlap (default On): no new squeeze zone if it overlaps the previous one — TP1 / TP2 / TP3 (default 0.618 / 1.0 / 1.618): take-profit as R-multiples of range width — SL Padding (default 0.2): extra padding beyond range boundary, as fraction of ATR 📊 Dashboard The info panel (adjustable to any chart corner) displays: — Current squeeze status (Active with bar count, or None) — Trade direction (Long / Short / —) — Signal state (Active / Pending / Wait) — ADX value with color coding (green if below threshold, red if above) — Total breakout count (Long / Short split) — TP1 and TP3 hit rates as percentages across all signals on chart — Current timeframe and indicator version ⚠️ IMPORTANT NOTES — This indicator does not repaint. All breakout signals require bar-close confirmation (barstate.isconfirmed). — The TP hit rates shown in the dashboard are historical statistics on the current chart , not predictions. They depend entirely on the instrument, timeframe, and date range visible. A 70% TP1 hit rate on past data does not guarantee 70% going forward. — SBP provides a structured trade framework (entry/SL/TP), but it is not a complete trading system . Position sizing, risk management, and trade selection remain the trader's responsibility. — Not every squeeze produces a clean breakout. Some ranges resolve with choppy, directionless price action. The ADX filter and volume confirmation reduce this, but cannot eliminate it entirely. — The indicator works across all asset classes — stocks, crypto, forex, futures, commodities. Volume features auto-adapt to instruments without volume data.
Pine Script® インジケーター
WillyAlgoTraderの投稿
4
CBC Flip with Targets and Filters [LuxAlgo]The CBC Flip with Targets and Filters indicator provides an institutional framework for identifying high-probability trend reversals based on the Candle By Candle (CBC) method. By combining structural price action with dynamic ATR targets, stop losses, and intraday value filtering, this tool offers a straightforward strategy for managing risk and executing trades based on shifts in market bias. 🔶 USAGE The Usage section describes how the script can be used to navigate market trends using price action confirmation and volatility-based levels. 🔹 Signal Identification Bullish and bearish triangles indicate confirmed trend flips. A bullish flip is detected when price closes above a previous high, while a bearish flip occurs when price closes below a previous low. These signals only appear after the bar closes to ensure non-repainting execution. 🔹 Strategic Filtering Align signals with intraday value by using the VWAP filter settings: Confirmation mode: Ensures you only take long signals above the VWAP and short signals below it. Contrarian mode: Used to identify potential mean-reversion opportunities when price flips against the current value area. 🔹 Risk Management Every flip generates dynamic target and stop loss lines based on a customizable Average True Range (ATR). The 'Require candle close to stop' feature allows users to choose between a hard touch of the stop level or waiting for a candle close to invalidate the bias. The script also includes retroactive outcome markers (circles and crosses) that appear on the signal candle to show whether the target or stop was reached first. A lack of symbol by the bullish or bearish triangles means neither the target nor stop loss criteria have been met. 🔹 Performance Verification Refer to the real-time dashboard to monitor current trade progress and historical hit rates. The Current Target Progress metric in the dashboard tracks how far price moved in the trade direction, helping you optimize your ATR multipliers and assess trend strength. 🔶 DETAILS 🔹 Institutional CBC Logic The Candle By Candle (CBC) methodology, popularized by maplestax, is a price action-centric approach that ignores minor fluctuations. By requiring a full candle close beyond the previous candle range, the script filters out wick rejections that often lead to false signals in volatile markets. 🔹 Non-Repainting Design The indicator is designed to be fully non-repainting. Signals and levels are calculated based on closed bars, ensuring that what you see on the chart is consistent with historical performance and real-time execution. 🔶 SETTINGS 🔹 Indicator Settings Bulls/Bears Color: Customizes the theme for bullish and bearish trend components. ATR Length: Sets the lookback period for volatility calculations. Target ATR Multiplier: Defines the distance of the profit target from the entry. Stop ATR Multiplier: Defines the distance of the stop loss from the entry. Require candle close to stop: When enabled, the stop loss is only triggered if a candle closes beyond the stop level. Show Daily Anchored VWAP: Toggles the visibility of the session-anchored VWAP. Filter Bias by VWAP: Choose between No Filter, Confirmation (Trend-following), or Contrarian (Mean-reversion). 🔹 Visuals Show Flip Labels: Toggles the entry triangle icons. Show Outcome Markers: Toggles the retroactive "X" and "Circle" markers on signal candles. Label Size: Adjusts the size of the on-chart icons. 🔹 Dashboard Dashboard: Toggles the performance metric table. Position/Size: Adjusts the UI location and scale. Historical Trade Count: Sets the sample size for the historical success rate calculation.
Pine Script® インジケーター
LuxAlgoの投稿
[CT] ORB SuiteThis indicator is an Opening Range first tool that also includes an Initial Balance framework, breakout detection, and a full target and alerting package. It is designed to define a clean Opening Range at the start of the regular trading session and then turn that range into an actionable breakout structure by plotting the key levels, projecting measured targets, and visually confirming the exact breakout candle on your chart. The Opening Range component can be configured as either the first bar of the session or a true time-based duration, such as 1, 2, 5, 10, 15, 30 minutes, or 1 hour, which lets you standardize the opening structure across different chart timeframes without needing to “count bars.” As price prints during the Opening Range window, the script continuously updates the OR high and OR low, then locks those levels once the window closes so you have a stable reference for the rest of the session. The OR area can be shaded for quick visual recognition, and an optional OR midpoint line and label can be displayed to help you judge whether price is accepting above the middle of the range or failing back through it. Once the Opening Range is formed, the script upgrades the workflow by adding breakout qualification rules that you can control. You can choose confirmation based on a body cross, a close cross, or a close above or below the range boundary, which is a meaningful improvement over simple “touch” logic because it helps reduce false signals and makes the breakout trigger more consistent with how you actually trade. When a breakout is confirmed, the indicator can highlight the breakout candle itself so there is no ambiguity about which bar triggered the signal. You can highlight the candle body, the chart background, or both, and you can select separate colors for long and short breakouts. This makes chart review and live decision-making cleaner because you can immediately see where the breakout truly occurred instead of guessing between several candles that probed the level. The next major upgrade is the breakout target system. After a long breakout, targets are calculated as true multiples of the Opening Range size, starting from the OR high and projecting upward by the selected multiples. After a short breakout, targets are calculated from the OR low and projected downward by the same multiple logic. By default, the script supports four take-profit targets, TP1 through TP4, with sensible preset multiples that step outward in a structured way, but you can customize each multiple to match your instrument and style. This target system is a practical enhancement because it provides objective, range-based profit-taking levels that align with common intraday expansion behavior rather than arbitrary fixed tick offsets. You also get full control over whether the target lines and labels appear only after a breakout triggers, which keeps the chart clean and prevents “pre-biasing,” or whether you want to see projected targets in both directions before the breakout occurs for planning and scenario mapping. In addition, the target hit detection is configurable so you can decide whether a target is considered “hit” by a simple high or low touch or only after a close crosses the target, which is important for traders who want stricter confirmation and cleaner backtesting logic. Beyond the OR and targets, the indicator includes a complete Initial Balance module as an additional layer of structure. The IB duration is selectable and independent, and the script can plot IB high, IB low, and an optional IB midpoint, with optional fill shading to make the balance area obvious. A key upgrade here is the ability to base the breakout targets on either the Opening Range or the Initial Balance. This means you can run a pure OR breakout playbook, a pure IB breakout playbook, or compare both structures on the same session without changing indicators. This flexibility matters because OR breakouts tend to be more sensitive and earlier, while IB-based levels often better reflect the session’s early balance and can produce more stable expansion targets. Another major improvement is the history and session management. The script can freeze all drawings at the end of the session so lines and fills do not incorrectly extend into the next day, and it can optionally keep a configurable amount of history, such as the last 20 sessions, so you can study how price reacts to prior OR and IB structures. You also have control over whether IB should be included in that stored history, which helps if you want a cleaner chart while still retaining the OR context. To support different chart themes and personal preferences, label styling is expanded with controls for label background colors, text colors, transparency, and horizontal offsets, so the levels remain readable without covering price action. Finally, the alerting system is upgraded into a full set of actionable events. The indicator can generate alerts for session open and session close, for the moment the Initial Balance forms, for the moment the Opening Range forms, for long and short breakouts, and for each target hit from TP1 through TP4. Alerts can be used in standard alertcondition form or as dynamic alert() calls that include price-filled messages, which is a practical enhancement for traders who want their phone or desktop notifications to contain the exact level values rather than generic labels. This script is a derivative work built on the original Initial Balance foundation authored by © czoa under the Mozilla Public License 2.0, with extensive additions and improvements by © ChaosTrader63 to expand it into a complete Opening Range and Initial Balance breakout suite. The core upgrades are the configurable time-based Opening Range, breakout candle highlighting, multi-target measured range projections through TP4 with optional pre-projection behavior, stricter breakout confirmation modes, target hit rules, richer history controls, stronger label customization, and a comprehensive alert system that turns the session structure into a usable trade planning and execution framework directly on TradingView.
Pine Script® インジケーター
ChaosTrader63の投稿
2
IDLP - Intraday Daily Levels Pro [FXSMARTLAB]🔥 IDLP – Intraday Daily Levels Pro IDLP – Intraday Daily Levels Pro is a precision toolkit for intraday traders who rely on objective daily structure instead of repainting indicators and noisy signals. Every level plotted by IDLP is derived from one simple rule: Today’s trading decisions must be based on completed market data only. That means: ✅ No use of the current day’s unfinished data for levels ✅ No lookahead ✅ No hidden repaint behavior IDLP reconstructs the previous trading day from the intraday chart and then projects that structure forward onto the current session, giving you a stable, institutional-style intraday map. 🧱 1. Previous Daily Levels (Core Structure) IDLP extracts and displays the full previous daily structure, which you can toggle on/off individually via the inputs: Previous Daily High (PDH) Previous Daily Low (PDL) Previous Daily Open Previous Daily Close, Previous Daily Mid (50% of the range) Previous Daily Q1 (25% of the range) Previous Daily Q3 (75% of the range) All of these come from the day that just closed and are then locked for the entire current session. What these levels tell you: PDH / PDL – true extremes of yesterday’s price action (liquidity zones, breakout/reversal points). Previous Daily Open / Close – how the market positioned itself between session start and end Mid (50%) – equilibrium level of the previous day’s auction. Q1 / Q3 (25% / 75%) internal structure of the previous day’s range, dividing it into four equal zones and helping you see if price is trading in the lower, middle, or upper quarter of yesterday’s range. All these levels are non-repaint: once the day is completed, they are fixed and never change when you scroll, replay, or backtest. 🎯 2. Previous Day Pivot System (P, S1, S2, R1, R2) IDLP includes a classic floor-trader pivot grid, but critically: It is calculated only from the previous day’s high, low, and close. So for the current session, the following are fixed: Pivot P – central reference level of the previous day. Support 1 (S1) and Support 2 (S2) Resistance 1 (R1) and Resistance 2 (R2) These levels are widely used by institutional desks and algos to structure: mean-reversion plays, breakout zones, intraday targets, and risk placement. Everything in this section is non-repaint because it only uses the previous day’s fully closed OHLC. 📏 3. 1-Day ADR Bands Around Previous Daily Open Instead of a multi-day ADR, IDLP uses a pure 1-Day ADR logic: ADR = Range of the previous day ADR = PDH − PDL From that, IDLP builds two clean bands centered around the previous daily Open: ADR Upper Band = Previous Day Open + (ADR × Multiplier) ADR Lower Band = Previous Day Open − (ADR × Multiplier) The multiplier is user-controlled in the inputs: ADR Multiplier (default: 0.8) This lets you choose how “tight” or “wide” you want the ADR envelope to be around the previous day’s open. Typical use cases: Identify realistic intraday extension targets, Spot exhaustion moves beyond ADR bands, Frame reversals after reaching volatility extremes, Align trades with or against volatility expansion Again, since ADR is calculated only from the completed previous day, these bands are totally non-repaint during the current session. 🔒 4. True Non-Repaint Architecture The internal logic of IDLP is built to guarantee non-repaint behavior: It reconstructs each day using time("D") and tracks: dayOpen, dayHigh, dayLow, dayClose for the current day prevDayOpen, prevDayHigh, prevDayLow, prevDayClose for the previous day At the moment a new day starts: The “current day” gets “frozen” into prevDay* These prevDay* values then drive: Previous Daily Levels, Pivots, ADR. During the current day: All these “previous day” values stay fixed, no matter what happens. They do not move in real time, they do not shift in replay. This means: What you see in the past is exactly what you would have seen live. No fake backtests. No illusion of perfection from repainting behavior. 🎯 5. Designed For Intraday Traders IDLP – Intraday Daily Levels Pro is made for: - Day traders and scalpers - Index and FX traders - Prop firm challenge trading - Traders using ICT/SMC-style levels, liquidity, and range logic - Anyone who wants a clean, institutional-style daily framework without noise You get: Previous Day OHLC Mid / Q1 / Q3 of the previous range Previous-Day Pivots (P, S1, S2, R1, R2) 1-Day ADR Bands around Previous Day Open All calculated only from closed data, updated once per day, and then locked.
Pine Script® インジケーター
FXSMARTLABの投稿
Bracket PreviewThe Bracket Preview indicator allows the user to set their intended bracket order distance (distance, in ticks, to take-profit and stop-loss) from the current live price so that a preview is generated and updated in real-time as price moves. This gives the trader a quick reference of where the bracket orders would be placed if a position were entered at that specific moment in time. This can be helpful by making it more obvious to the trader before a trade is placed exactly where these levels would be in relation to previous price action or if it would be better to wait for price to move to a more favorable level or accept a different Risk-Reward (RR) from this specific trade. • “If I entered a long position now, would my target be in front of or beyond a recent consolidation area where it is likely to run into resistance and potentially reverse before hitting my take-profit?” • “Would this bracket order place my stop-loss above or below a previous pivot or would I need to move it after entering the trade and potentially increase the risk on this trade to have it in a more logical level?” • “If price is in a range and I enter now, would my stop be in the middle of the range while my target is outside the top of the range? Maybe I should wait for price to move to an area where my target would be inside but near the top of the range while my stop loss is below the range so that I’m not taking unnecessary risk or being forced to take an unfavorable RR.”
Pine Script® インジケーター
dakota10986の投稿
ADR Plots + OverlayADR Plots + Overlay This tool calculates and displays Average Daily Range (ADR) levels on your chart, giving traders a quick visual reference for expected daily price movement. It plots guide levels above and below the daily open and shows how much of the day's typical range has already been covered—all in one interactive table and on-chart overlay. What It Does ADR Calculation: Uses daily high-low differences over a user-defined period (default 14 days), smoothed via RMA, SMA, EMA, or WMA to calculate the average daily range. Projected Levels: Plots four reference levels relative to the current day's open price: +100% ADR: Open + ADR +50% ADR: Open + 50% of ADR −50% ADR: Open − 50% of ADR −100% ADR: Open − ADR Coverage %: Tracks intraday high and low prices to calculate what percentage of the ADR has already been covered for the current session: Coverage % = (High − Low) ÷ ADR × 100 Interactive Table: Shows the ADR value and today's ADR coverage percentage in a customizable table overlay. The table position, colors, border, transparency, and an optional empty top row can all be adjusted via settings. Customization Options Table Settings: Position the table (top/bottom × left/right). Change background color, text color, border color and thickness. Toggle an empty top row for spacing. Line Settings: Choose color, line style (solid/dotted/dashed), and width. Lines automatically reposition each day based on that day's open price and ADR calculation. General Inputs: ADR length (number of days). Smoothing method (RMA, SMA, EMA, WMA). How to Use It for Trading Measure Daily Movement: Instantly know the expected daily price range based on historical volatility. Identify Overextension: Use the coverage % to see if the market has already moved close to or beyond its typical daily range. Plan Entries & Exits: Align trade targets and stops with ADR levels for more objective intraday planning. Visual Reference: Horizontal guide lines and table update automatically as new data comes in, helping traders stay informed without manual calculations. Ideal For Intraday traders tracking daily volatility limits. Swing traders wanting a quick reference for expected price movement per day. Anyone seeking a volatility-based framework for planning targets, stops, or identifying extended market conditions.
Pine Script® インジケーター
abbadon9の投稿
ATR Trailing Stop with ATR Targets [v6]What the Indicator Does This custom TradingView indicator is designed for active traders who want to automate and visualize their trailing stop management and target setting, using true market volatility. It combines the Average True Range (ATR) with dynamic market structure logic to: Trail a stop-loss behind major swings in real time, using 2×ATR (adjustable) from the highest high in uptrends or the lowest low in downtrends. Flip trading bias between bullish and bearish when the stop is breached. Identify and plot three profit targets (at 1, 2, and 3 ATR from the breakout/flip point) after every stop-flip, helping traders scale out or set take-profits objectively. Maintain a visible presence on your chart every bar to avoid indicator errors, with color and labeling for clear distinction between long/short phases. How the Indicator Works 1. ATR Calculation ATR Period and Multiplier: You select your preferred ATR length (default is 14 bars) and a multiplier (default is 2.0). Volatility Adjustment: ATR measures the average "true" bar range, so the trailing stop and targets adapt to current volatility. 2. Trailing Stop Logic Uptrend (bullish bias): The indicator tracks the highest high made since the last bearish-to-bullish flip and sets the stop at - . The stop only raises (never lowers) during an uptrend, protecting gains in strong moves. Downtrend (bearish bias): Tracks the lowest low made since the last bullish-to-bearish flip, with stop at + . The stop only lowers (never raises) in a downtrend. Flip Point: If price closes through the trailing stop, the current bias “flips,” and the logic reverses (bullish to bearish or vice versa). At the new close, flip price and bar index are stored for target calculation. 3. ATR Targets after Flip After each stop flip: Three targets—based on the new close price—are calculated and plotted: Long flip (new bull bias): Target1 = close + 1×ATR, Target2 = close + 2×ATR, Target3 = close + 3×ATR. Short flip (new bear bias): Target1 = close - 1×ATR, Target2 = close - 2×ATR, Target3 = close - 3×ATR. These targets help with scaling out, partial profit-taking, or setting automated orders. 4. Visual Feedback Trailing stop line: Green for long bias, red for short bias. Targets: Distinct color-coded circles at 1, 2, 3 ATR levels from the most recent flip. Flip Labels: Mark the bar and price where bias flipped (“Long Flip” or “Short Flip”) for quick pattern recognition. Subtle background shading: Ensures TradingView's requirement for “indicator output every bar.” How to Use This Indicator Parameter Setup ATR Period and Multiplier: Adjust to match the timeframe and volatility of your instrument. Lower periods/multipliers for short-term/volatile trading. Higher values for smoother signals or higher timeframes. Starting Trend: Set to match the expected initial bias if the instrument has strong trend characteristics. Trading Application 1. Daily Bias Approach Establish your bias in line with your trading plan (e.g., only trade long if price is above the previous day's high, short below the previous day's low). Only look for trades in the indicator's current bias direction, as expressed by the stop and background color. 2. Entry Use the indicator as a real-time confirmation or trailing stop for your entries. Breakout: Enter when price establishes the current bias, using the trailing stop as your risk level. Reversal: Wait for a bias flip after an extended move; enter in the direction of the new bias. VWAP Rebound: Combine with a VWAP bounce—enter only if the indicator bias supports your direction. 3. Exits/Targets Trailing stop management: Move your stop according to the plotted line; exit if your stop is hit. Profit-taking: Scale out or take profits as price approaches each ATR-based target. Use the dynamic labeling to identify reversal flips and reset your plan if stopped or the bias changes. 4. Market Context Filter and frame setups by watching correlated indicators (DXY, VIX, AUDJPY, put/call ratio) and upcoming news; trade only in the daily bias direction for best consistency. 5. Practical Tips Combine this indicator with your custom watchlist and alert settings to get notified on flips or targets. Review the last label ("Long Flip"/"Short Flip") and targets to plan partial exits. Remember: ATR adapts to volatility, so the stop and targets stay proportionate even when price action shifts.
Pine Script® インジケーター
TRDRZoneの投稿
Momentum Shift [Bigbeluga] This indicator identifies momentum shifts using a smoothed momentum calculation. It plots dynamic shift zones consisting of five levels that expand or contract based on price action. When momentum rises, the indicator creates an upward shift zone, and when momentum falls, it generates a downward shift zone. The shift zones dynamically react to price, stopping extension when a level is crossed. 🔵Key Features: Smoothed Momentum Calculation: ➣ Utilizes a Hull Moving Average (HMA) to smooth momentum and reduce noise. ➣ Identifies momentum shifts with crossovers between the current momentum value and its previous state. ➣ Uses a gradient color scheme to highlight momentum strength. Dynamic Shift Zones: ➣ When momentum rises, the indicator plots an upper shift zone with five incremental levels. ➣ When momentum falls, a lower shift zone is formed with five descending levels. ➣ Each level within the shift zone represents a progressively stronger momentum shift. Level Extension Control: ➣ Shift zones stop extending once a level is crossed by price. ➣ Levels closer to price act as key momentum resistance or support zones. ➣ If price retraces after a shift, the remaining levels stay intact for further reference. Momentum Direction Indications: ➣ Labels (▲ and ▼) appear at momentum shift points to indicate rising or falling momentum. 🔵Usage: Momentum-Based Entries: Identify momentum shifts early by using shift zones as confirmation for trade entries. Trend Continuation & Exhaustion: Observe which shift levels price respects—if momentum shift zones hold, the trend may continue; if they break, momentum may reverse. Dynamic Support & Resistance: Use the five-level shift zones as temporary support and resistance areas that adapt to momentum shifts. Momentum Strength Analysis: If price moves through multiple shift levels in one direction, it signals strong momentum in that direction. Momentum Shift is a powerful tool for traders looking to analyze momentum shifts with structured visual zones. By combining smoothed momentum calculations with dynamic shift zones, this indicator provides a clear view of market momentum and helps traders navigate price action effectively.
Pine Script® インジケーター
BigBelugaの投稿
21
The Curved Market Structure [BigBeluga]Curved Market Structure The Curved Market Structure indicator offers an innovative twist on traditional market structure tools by using curved lines instead of horizontal ones, enabling faster breakout detection for traders. 🔵Key Features: Curved Market Structure Levels: The indicator identifies high and low pivots and plots curved lines connecting these points, adapting to market dynamics and providing a more intuitive view of potential breakout zones. Breakout Detection: Breakouts above or below the curved levels are marked with triangle symbols (▲ or ▼), making it easy to spot critical price movements. Dynamic Target Levels: After a breakout, the indicator plots three target levels, which serve as potential price objectives. Each target is marked with a number and a star (e.g., 1★) upon being reached. Customizable Line Length and Angle: Users can adjust the length and angle of the curved lines to fit their trading style and timeframe, making the tool versatile and adaptable. Market Structure Trend Filtering: To maintain a clean chart, the indicator plots curved levels only from high pivots during uptrends and low pivots during downtrends. 🔵How It Works: The indicator identifies high and low pivots using user-defined parameters (left and right bars). Curved lines are drawn from these pivot points, showing the structure of the market and potential breakout zones. When a breakout occurs, the indicator highlights the direction with triangle symbols and dynamically plots three price targets. Upon reaching these targets, the level is marked with its respective number and a star, helping traders track price progression effectively. The lines and targets are adjusted based on market conditions, ensuring real-time relevance and accuracy. 🔵Use Cases: Spotting key breakout zones to identify entry and exit points more effectively. Setting dynamic target levels for take-profit or stop-loss planning. Filtering market noise and maintaining a cleaner chart while analyzing trends. Enhancing traditional market structure analysis with an intuitive curved visualization. This indicator is ideal for traders who want a modern, dynamic, and visually appealing way to track market structure and breakouts while maintaining chart clarity.
Pine Script® インジケーター
BigBelugaの投稿
13
Target Trend [BigBeluga]The Target Trend indicator is a trend-following tool designed to assist traders in capturing directional moves while managing entry, stop loss, and profit targets visually on the chart. Using adaptive SMA bands as the core trend detection method, this indicator dynamically identifies shifts in trend direction and provides structured exit points through customizable target levels. SP500: 🔵 IDEA The Target Trend indicator’s concept is to simplify trade management by providing automated visual cues for entries, stops, and targets directly on the chart. When a trend change is detected, the indicator prints an up or down triangle to signal entry direction, plots three customizable target levels for potential exits, and calculates a stop-loss level below or above the entry point. The indicator continuously adapts as price moves, making it easier for traders to follow and manage trades in real time. When price crosses a target level, the label changes to a check mark, confirming that the target has been achieved. Similarly, if the stop-loss level is hit, the label changes to an "X," and the line becomes dashed, indicating that the stop loss has been activated. This feature provides traders with a clear visual trail of whether their targets or stop loss have been hit, allowing for easier trade tracking and exit strategy management. 🔵 KEY FEATURES & USAGE SMA Bands for Trend Detection: The indicator uses adaptive SMA bands to identify the trend direction. When price crosses above or below these bands, a new trend is detected, triggering entry signals. The entry point is marked on the chart with a triangle symbol, which updates with each new trend change. Automated Targets and Stop Loss Management: Upon a new trend signal, the indicator automatically plots three price targets and a stop loss level. These levels provide traders with structured exit points for potential gains and a clear risk limit. The stop loss is placed below or above the entry point, depending on the trend direction, to manage downside risk effectively. Visual Target and Stop Loss Validation: As price hits each target, the label beside the level updates to a check mark, indicating that the target has been reached. Similarly, if the stop loss is activated, the stop loss label changes to an "X," and the line becomes dashed. This feature visually confirms whether targets or stop losses are hit, simplifying trade management. The indicator also marks the entry price at each trend change with a label on the chart, allowing traders to quickly see their initial entry point relative to current price and target levels. 🔵 CUSTOMIZATION Trend Length: Set the lookback period for the trend-detection SMA bands to adjust the sensitivity to trend changes. Targets Setting: Customize the number and spacing of the targets to fit your trading style and market conditions. Visual Styles: Adjust the appearance of labels, lines, and symbols on the chart for a clearer view and personalized layout. 🔵 CONCLUSION The Target Trend indicator offers a streamlined approach to trend trading by integrating entry, target, and stop loss management into a single visual tool. With automatic tracking of target levels and stop loss hits, it helps traders stay focused on the current trend while keeping track of risk and reward with minimal effort.
Pine Script® インジケーター
BigBelugaの投稿
84
Opening Range with Breakouts & Targets [LuxAlgo]Opening Range with Breakouts & Targets is based on the long-standing Opening Range Breakout strategy popularized by traders such as Toby Crabel and Mark Fisher. This indicator measures and displays the price range created from the first period within a new trading session, along with price breakouts from that range and targets associated with the range width. 🔶 USAGE The Opening Range (OR) can be a powerful tool for making a clear distinction between ranging and trending trading days. Using a rigid structure for drawing a range, provides a consistent basis to make judgments and comparisons that will better assist the user in determining a hypothesis for the day's price action. NOTE: During a suspected "Range Day", the Opening Range can be used for reversion strategies, typically targeting the opposite extreme of the range or the mean of the range. However, more commonly the Opening Range is used for breakouts on suspected "Trend Days", targeting further upward or downward market movement. The common Opening Range Breakout Strategy (ORB) outlines a structure to enter and exit positions based on rigid points determined by the Opening Range. This methodology can be adjusted based on markets or trading styles. Determine Opening Range High & Low: These are the high and low price within a chosen period of time after the market opens. This can be customized to the user's trading style and preference. Common Ranges are from 5-60 mins. Watch for a Breakout with Volume: A Breakout occurs when price crosses the OR High (ORH) or OR Low (ORL), an increase in volume is typically desired when witnessing these breakouts to confirm a stronger movement. Manage Risk: Based on user preference and the appropriately determined amount of risk, multiple ways can be determined to manage risk by using Opening Range. For Example: A stop-loss could be set at OR Mean (ORM) or the opposite side of the range, while a profit target could optionally be set at the first price target generated by the script. Alternatively, a user might want to use a Moving Average (MA) as an adaptive stop-loss and use price targets to scale out. These are just 2 examples of the possible options, both capable with this tool. 🔹 Signals Signals will fire based on the break of the opening range, this is indicated by arrows above and below the range boundaries. Optionally, a bias can be added to these signals to aid in mitigating false signals by using a directional filter based on the current day's OR relative to the previous day's OR. Regardless of the signal bias being enabled, the Opening Range Zone will always be colored directionally according to this. If the current day's OR is above the previous day's OR, the Zone will be Green. If the current day's OR is below the previous day's OR, the Zone will be Red. By enabling the signal bias, signals in the opposite direction of the daily bias will fire on the cross of the first target in that direction. 🔹 Targets In this indicator, targets are not limited and will generate infinitely based on a % width of the Opening Range. Additionally, there are 2 display methods for these targets. Extended: Extends the targets to the current bar and displays all targets that have been crossed so far within the session. Adaptive: Extends only the 2 closest targets surrounding price, allowing for a display consisting of fewer lines at one time. 🔶 DETAILS 🔹 Historical Display This indicator can be utilized in multiple ways, for use in real-time, and for historical analysis to form methods. Because of this, the indicator has an option to display only the current day's data or the entire historical data. This can also help clean up the chart when it is in use. 🔹 Time Period The specific time period to create the opening range is entirely up to each user's preference, by default it is set to 30 mins; however, this time period can be edited with full control if desired. Simply toggle on the "Custom Range" and input a range of time to create the range. 🔹 Session Moving Average The Session Moving Average is a common Moving Average, which resets at the beginning of a new session. This allows for an unbiased MA that was created entirely from the current session's price action. Note: The start of the session is determined by the start of the Opening Range if using a custom range of time. 🔶 SETTINGS Show Historical Data: Choose to display only the current session's data or the full history of data. Opening Range Time Period: Select the time period to form the opening range from. This operates on Session Start, so it will change with the chart. Custom Range: Opt for a custom Range by enabling this and inputting your range times as well as your needed timezone. Breakout Signal Bias: Select if the Breakout Signals will use a Daily Directional Bias for firing. Target % of Range: Sets the % of the Range width that will be used as an increment for the Targets to display in. Target Cross Source: Choose to use the Close price or High/Low price as the crossing level for Target displays. When this source crosses a target it will generate more targets. Target Display: Choose which style of display to use for targets. Session Moving Average: Optionally enable a Moving average of your choice that resets at the beginning of each session (start of opening range).
Pine Script® インジケーター
LuxAlgoの投稿
87
Market Structure Targets Model [LuxAlgo]The Market Structure Targets Model indicator provides an algorithmic approach to setting targets from market structure shifts (MSS) and market structure breaks (MSB), two popular Smart Money Concept (SMC) concepts. Depending on the target % settings, they can be used as take profit, confirmation levels, or potential reversal points. 🔶 USAGE Our Market Structure Targets Model scripts provide automated and customizable targets from MSS and MSB. Each displayed target can be used in several ways described in the sub-sections below: 🔹 Take Profit The targets can be used as take profit levels, where the target distance can be set separately for bullish/bearish MSS/MSB respectively. 🔹 Confirmation Levels Alternatively, targets can be used as an additional confirmation level of a trend reversal when set at a lower percentage, filtering out fake signals that might be given from market structures. In this way, targets can be used as potential entry levels. 🔹 Potential Reversal Points In some circumstances, targets being reached can be indicative of trend reversals. The percentage of the targets would be typically set higher to allow for trend exhaustion. The above examples highlight this usage for bearish reversal scenarios, while the image below highlights it for bullish reversal scenarios. 🔹 Support/Resistance Levels The targets, being horizontal levels, can also serve as potential support/resistances, with breakouts potentially confirming new trends. It is important to remain observant of the market structure. An MSS or MSB in the opposite direction provides essential information to be included in future decisions. Using multiple timeframes can help detect longer-term trends. Depending on the user's preference, they can choose the appropriate timeframe for their needs. Note that Target lines will only be drawn when the Target Level exceeds the close value when it is drawn. 🔹 Maximum Target Duration The Maximum Target Duration setting removes unreached target levels when the amount of bars since the associated market structure of that target exceeds the user set limit. This effectively allows the removal of any target that might no longer be relevant to newer trends. 🔹 Type: Switch/Hold This setting is another way to control unreached target levels. Switch: When a new MSS/MSB is found, the previous target level associated with a market structure with the same direction (bullish/bearish) is deleted if it hasn't been reached. Hold: Target levels are retained and continuously evaluated when a new MSS/MSB is formed. The target level will be removed in both cases when the  Maximum Target Duration  condition is applied. The above example shows the case when the Type setting is set to Switch , while in the example below, it is set to Hold . 🔶 DETAILS 🔹 Market Structure Market structures are commonly classified as follows: Market Structure Shift (MSS), also referred to as Change of Character (CHoCH) Market Structure Break (MSB), also referred to as Break of Structure (BOS) MSS indicates a shift in the market trend, confirming trend reversals. Conversely, MSB occurs once a trend is already determined, confirming new higher highs/lower lows. 🔹 Targets A: Highest/lowest between the extremities of the MSS/MSB line B: Price value of the MSS/MSB line The distance between A and B is projected on the opposite side of the MSS/MSB line, adjusted with a percentage that can be set by the user. The above example used 100% of the distance between A and B. The Target Percentage of MSS and MSB can be set separately for bullish or bearish market structures. 🔶 SETTINGS Swings: Period used for the swing detection, with higher values returning longer-term Swing Levels. Type: the Switch/Hold setting controls unattained target levels Maximum Target Duration: removes the target lines when the amount of bars since the drawing of the target exceeds the limit and the target has not been reached 🔹 Market Structure Shift (MSS) Bullish: Toggle, color setting, % Target Bearish: Toggle, color setting, % Target 🔹 Market Structure Break (MSB) Bullish: Toggle, color setting, % Target Bearish: Toggle, color setting, % Target
Pine Script® インジケーター
LuxAlgoの投稿
9
Average SL% Calculator with TP Levels by GorkiAverage Stop Loss And Take Profit Calculator For Futures Trading by Gorki Description The "Average SL% Calculator with TP Levels" script, is a simple tool for traders to plan the trades and check how much loss they are going to receive if they run this strategy. This script calculates the average price of up to four entry points, determines the percentage distance to the stop-loss level, and provides potential loss information based on margin and leverage. Additionally, it includes multiple take-profit levels to help traders systematically capture profits. Visual elements such as horizontal lines and labels make it easy to monitor key levels directly on the chart. Why To Use This Indicator? Risk Management: Automatically calculates the percentage distance to the stop-loss level, helping you to understand potential losses. Profit Optimization: Supports up to four take-profit levels, enabling a structured approach to capturing gains. Visual Clarity: Displays key levels and important information directly on the chart for easy monitoring. Alerts: Generates alerts when the price crosses specified levels, ensuring you never miss critical trading signals. How to Use the Script Add the Script to Your Chart: Apply the script to your TradingView chart. Set Input Values: Entry Points: Define up to four limit prices (LIMIT 1, LIMIT 2, LIMIT 3, LIMIT 4). Stop-Loss: Set your stop-loss price (STOP LOSS). Take Profits: Specify up to four take-profit levels (Take Profit 1, Take Profit 2, Take Profit 3, Take Profit 4). Leverage: Input your leverage factor. Margin: Enter the total margin amount for the trade. View Calculations: The script will calculate the average entry price, the percentage distance to the stop-loss, and the potential loss based on margin and leverage. Monitor Levels: Horizontal lines and labels will appear on the chart, showing entry points, stop-loss, and take-profit levels. Set Alerts: Alerts will trigger when the price crosses your defined levels, helping you to take timely action. Calculation Details Average Price: Calculated as the mean of the specified limit prices. Distance to Stop-Loss: Determined as the percentage difference between the average price and the stop-loss level. Leveraged Distance: The stop-loss distance percentage multiplied by the leverage factor. Potential Loss: Calculated by applying the leveraged distance percentage to the margin amount. Take Profit Percentages: The percentage difference between the average price and each take-profit level. This comprehensive indicator is a must-have for any trader looking to manage risks effectively while maximizing potential profits. Happy trading!
Pine Script® インジケーター
gorkijaxyの投稿
Ichimoku Theories [LuxAlgo]The Ichimoku Theories indicator is the most complete Ichimoku tool you will ever need. Four tools combined into one to harness all the power of Ichimoku Kinkō Hyō. This tool features the following concepts based on the work of Goichi Hosoda: Ichimoku Kinkō Hyō: Original Ichimoku indicator with its five main lines and kumo. Time Theory: automatic time cycle identification and forecasting to understand market timing. Wave Theory: automatic wave identification to understand market structure. Price Theory: automatic identification of developing N waves and possible price targets to understand future price behavior. 🔶 ICHIMOKU KINKŌ HYŌ Ichimoku with lines only, Kumo only and both together Let us start with the basics: the Ichimoku original indicator is a tool to understand the market, not to predict it, it is a trend-following tool, so it is best used in trending markets. Ichimoku tells us what is happening in the market and what may happen next, the aim of the tool is to provide market understanding, not trading signals. The tool is based on calculating the mid-point between the high and low of three pre-defined ranges as the equilibrium price for short (9 periods), medium (26 periods), and long (52 periods) time horizons: Tenkan sen: middle point of the range of the last 9 candles Kinjun sen: middle point of the range of the last 26 candles Senkou span A: middle point between Tankan Sen and Kijun Sen, plotted 26 candles into the future Senkou span B: midpoint of the range of the last 52 candles, plotted 26 candles into the future Chikou span: closing price plotted 26 candles into the past Kumo: area between Senkou pans A and B (kumo means cloud in Japanese) The most basic use of the tool is to use the Kumo as an area of possible support or resistance. 🔶 TIME THEORY Current cycles and forecast Time theory is a critical concept used to identify historical and current market cycles, and use these to forecast the next ones. This concept is based on the Kihon Suchi (translating to "Basic Numbers" in Japanese), these are 9 and 26, and from their combinations we obtain the following sequence: 9, 17, 26, 33, 42, 51, 65, 76, 129, 172, 200, 257 The main idea is that the market moves in cycles with periods set by the Kihon Suchi sequence. When the cycle has the same exact periods, we obtain the Taito Suchi (translating to "Same Number" in Japanese). This tool allows traders to identify historical and current market cycles and forecast the next one. 🔹 Time Cycle Identification Presentation of 4 different modes: SWINGS, HIGHS, KINJUN, and WAVES . The tool draws a horizontal line at the bottom of the chart showing the cycles detected and their size. The following settings are used: Time Cycle Mode: up to 7 different modes Wave Cycle: Which wave to use when WAVE mode is selected, only active waves in the Wave Theory settings will be used. Show Time Cycles: keep a cleaner chart by disabling cycles visualisation Show last X time cycles: how many cycles to display 🔹 Time Cycle Forecast Showcasing the two forecasting patterns: Kihon Suchi and Taito Suchi The tool plots horizontal lines, a solid anchor line, and several dotted forecast lines. The following settings are used: Show time cycle forecast: to keep things clean Forecast Pattern: comes in two flavors Kihon Suchi plots a line from the anchor at each number in the Kihon Suchi sequence. Taito Suchi plot lines from the anchor with the same size detected in the anchored cycle Anchor forecast on last X time cycle: traders can place the anchor in any detected cycle 🔶 WAVE THEORY All waves activated with overlapping The main idea behind this theory is that markets move like waves in the sea, back and forth (making swing lows and highs). Understanding the current market structure is key to having realistic expectations of what the market may do next. The waves are divided into Simple and Complex. The following settings are used: Basic Waves: allows traders to activate waves I, V and N Complex Waves: allows traders to activate waves P, Y and W Overlapping waves: to avoid missing out on any of the waves activated Show last X waves: how many waves will be displayed 🔹 Basic Waves The three basic waves The basic waves from which all waves are made are I, V, and N I wave: one leg moves V wave: two legs move, one against the other N wave: Three legs move, push, pull back, and another push 🔹 Complex Waves Three complex waves There are other waves like P wave: contracting market Y wave: expanding market W wave: double top or double bottom 🔶 PRICE THEORY All targets for the current N wave with their calculations This theory is based on identifying developing N waves and predicting potential price targets based on that developing wave. The tool displays 4 basic targets (V, E, N, and NT) and 3 extended targets (2E and 3E) according to the calculations shown in the chart above. Traders can enable or disable each target in the settings panel. 🔶 USING EVERYTHING TOGETHER Please DON'T do this. This is not how you use it Now the real example: Daily chart of Nasdaq 100 futures (NQ1!) with our Ichimoku analysis Time, waves, and price theories go together as one: First, we identify the current time cycles and wave structure. Then we forecast the next cycle and possible key price levels. We identify a Taito Suchi with both legs of exactly 41 candles on each I wave, both together forming a V wave, the last two I waves are part of a developing N wave, and the time cycle of the first one is 191 candles. We forecast this cycle into the future and get 22nd April as a key date, so in 6 trading days (as of this writing) the market would have completed another Taito Suchi pattern if a new wave and time cycle starts. As we have a developing N wave we can see the potential price targets, the price is actually between the NT and V targets. We have a bullish Kumo and the price is touching it, if this Kumo provides enough support for the price to go further, the market could reach N or E targets. So we have identified the cycle and wave, our expectations are that the current cycle is another Taito Suchi and the current wave is an N wave, the first I wave went for 191 candles, and we expect the second and third I waves together to amount to 191 candles, so in theory the N wave would complete in the next 6 trading days making a swing high. If this is indeed the case, the price could reach the V target (it is almost there) or even the N target if the bulls have the necessary strength. We do not predict the future, we can only aim to understand the current market conditions and have future expectations of when (time), how (wave), and where (price) the market will make the next turning point where one side of the market overcomes the other (bulls vs bears). To generate this chart, we change the following settings from the default ones: Swing length: 64 Show lines: disabled Forecast pattern: TAITO SUCHI Anchor forecast: 2 Show last time cycles: 5 I WAVE: enabled N WAVE: disabled Show last waves: 5 🔶 SETTINGS Show Swing Highs & Lows: Enable/Disable points on swing highs and swing lows. Swing Length: Number of candles to confirm a swing high or swing low. A higher number detects larger swings. 🔹 Ichimoku Kinkō Hyō Show Lines: Enable/Disable the 5 Ichimoku lines: Kijun sen, Tenkan sen, Senkou span A & B and Chikou Span. Show Kumo: Enable/Disable the Kumo (cloud). The Kumo is formed by 2 lines: Senkou Span A and Senkou Span B. Tenkan Sen Length: Number of candles for Tenkan Sen calculation. Kinjun Sen Length: Number of candles for the Kijun Sen calculation. Senkou Span B Length: Number of candles for Senkou Span B calculation. Chikou & Senkou Offset: Number of candles for Chikou and Senkou Span calculation. Chikou Span is plotted in the past, and Senkou Span A & B in the future. 🔹 Time Theory Show Time Cycle Forecast: Enable/Disable time cycle forecast vertical lines. Disable for better performance. Forecast Pattern: Choose between two patterns: Kihon Suchi (basic numbers) or Taito Suchi (equal numbers). Anchor forecast on last X time cycle: Number of time cycles in the past to anchor the time cycle forecast. The larger the number, the deeper in the past the anchor will be. Time Cycle Mode: Choose from 7 time cycle detection modes: Tenkan Sen cross, Kijun Sen cross, Kumo change between bullish & bearish, swing highs only, swing lows only, both swing highs & lows and wave detection. Wave Cycle: Choose which type of wave to detect from 6 different wave types when the time cycle mode is set to WAVES. Show Time Cycles: Enable/Disable time cycle horizontal lines. Disable for better performance. how last X time cycles: Maximum number of time cycles to display. 🔹 Wave Theory Basic Waves: Enable/Disable the display of basic waves, all at once or one at a time. Disable for better performance. Complex Waves: Enable/Disable complex wave display, all at once or one by one. Disable for better performance. Overlapping Waves: Enable/Disable the display of waves ending on the same swing point. Show last X waves: 'Maximum number of waves to display. 🔹 Price Theory Basic Targets: Enable/Disable horizontal price target lines. Disable for better performance. Extended Targets: Enable/Disable extended price target horizontal lines. Disable for better performance.
Pine Script® インジケーター
LuxAlgoの投稿
45
TrendLine ScythesTrendline Scythes is a script designed to automatically detect and draw special curved trendlines, resembling scythes or blades, based on pivotal points in price action. These trendlines adapt to the volatility of the market, providing a unique perspective on trend dynamics. 🔲 Methodology Traditional trendlines connect consecutive pivot points on a price chart, providing a linear representation of trend direction. However, this script employs a distinctive methodology by automatically detecting price pivots and then calculating special curved trendlines based on the Average True Range (ATR) of the price. This introduces a curvature to the trendlines, resembling scythes, offering a unique way to interpret market trends. 🔲 Auto Breakout and Target Detection Trendline Scythes includes features for automatic breakout detection, signaling potential trend changes. Additionally, the script assists in target detection, helping traders set realistic and data-driven profit-taking levels based on market volatility and user adjustment. 🔲 Utility Trend Confirmation - Use Trendline Scythes to confirm existing trends by observing how price interacts with the curved trendlines. Breakout Signals - Auto-detection of breakouts adds a proactive element to your trading strategy, helping you stay ahead of potential trend reversals. Target Setting - Utilize the script to set profit-taking targets based on volatility, aligning with the current market conditions. 🔲 Settings Pivot Length - Swing detection length Scythe Length - Adjusts the length of the scythes blade Sensitivity - Controls how restrained the target calculation is, higher values will result in tighter targets. 🔲 Alerts Breakout Breakdown Target Reached Target Invalidated As well as the option to trigger 'any alert' call. Trendline Scythes is a versatile tool combining the benefits of traditional trendlines with the dynamic adaptability of curved lines for a unique approach to trend analysis.
Pine Script® インジケーター
EliCobraの投稿
15
Targets For Many Indicators [LuxAlgo]The Targets For Many Indicators is a useful utility tool able to display targets for many built-in indicators as well as external indicators. Targets can be set for specific user-set conditions between two series of values, with the script being able to display targets for two different user-set conditions. Alerts are included for the occurrence of a new target as well as for reached targets. 🔶 USAGE Targets can help users determine the price limit where the price might start deviating from an indication given by one or multiple indicators. In the context of trading, targets can help secure profits/reduce losses of a trade, as such this tool can be useful to evaluate/determine user take profits/stop losses. Due to these essentially being horizontal levels, they can also serve as potential support/resistances, with breakouts potentially confirming new trends. In the above example, we set targets 3 ATR's away from the closing price when the price crosses over the script built-in SuperTrend indicator using ATR period 10 and factor 3. Using "Long Position Target" allows setting a target above the price, disabling this setting will place targets below the price. Users might be interested in obtaining new targets once one is reached, this can be done by enabling "New Target When Reached" in the target logic setting section, resulting in more frequent targets. Lastly, users can restrict new target creation until current ones are reached. This can result in fewer and longer-term targets, with a higher reach rate. 🔹 Dashboard A dashboard is displayed on the top right of the chart, displaying the amount, reach rate of targets 1/2, and total amount. This dashboard can be useful to evaluate the selected target distances relative to the selected conditions, with a higher reach rate suggesting the distance of the targets from the price allows them to be reached. 🔶 DETAILS 🔹 Indicators Besides 'External' sources, each source can be set at 1 of the following Build-In Indicators : ACCDIST : Accumulation/distribution index ATR : Average True Range BB (Middle, Upper or Lower): Bollinger Bands CCI : Commodity Channel Index CMO : Chande Momentum Oscillator COG : Center Of Gravity DC (High, Mid or Low): Donchian Channels DEMA : Double Exponential Moving Average EMA : Exponentially weighted Moving Average HMA : Hull Moving Average III : Intraday Intensity Index KC (Middle, Upper or Lower): Keltner Channels LINREG : Linear regression curve MACD (macd, signal or histogram): Moving Average Convergence/Divergence MEDIAN : median of the series MFI : Money Flow Index MODE : the mode of the series MOM : Momentum NVI : Negative Volume Index OBV : On Balance Volume PVI : Positive Volume Index PVT : Price-Volume Trend RMA : Relative Moving Average ROC : Rate Of Change RSI : Relative Strength Index SMA : Simple Moving Average STOCH : Stochastic Supertrend TEMA : Triple EMA or Triple Exponential Moving Average VWAP : Volume Weighted Average Price VWMA : Volume-Weighted Moving Average WAD : Williams Accumulation/Distribution WMA : Weighted Moving Average WVAD : Williams Variable Accumulation/Distribution %R : Williams %R Each indicator is provided with a link to the Reference Manual or to the Build-In Indicators page. The latter contains more information about each indicator. Note that when "Show Source Values" is enabled, only values that can be logically found around the price will be shown. For example, Supertrend , SMA , EMA , BB , ... will be made visible. Values like RSI , OBV , %R , ... will not be visible since they will deviate too much from the price. 🔹 Interaction with settings This publication contains input fields, where you can enter the necessary inputs per indicator. Some indicators need only 1 value, others 2 or 3. When several input values are needed, you need to separate them with a comma. You can use 0 to 4 spaces between without a problem. Even an extra comma doesn't give issues. The red colored help text will guide you further along (Only when Target is enabled) Some examples that work without issues: Some examples that work with issues: As mentioned, the errors won't be visible when the concerning target is disabled 🔶 SETTINGS Show Target Labels: Display target labels on the chart. Candle Coloring: Apply candle coloring based on the most recent active target. Target 1 and Target 2 use the same settings below: Enable Target: Display the targets on the chart. Long Position Target: Display targets above the price a user selected condition is true. If disabled will display the targets below the price. New Target Condition: Conditional operator used to compare "Source A" and "Source B", options include CrossOver, CrossUnder, Cross, and Equal. 🔹 Sources Source A: Source A input series, can be an indicator or external source. External: External source if 'External" is selected in "Source A". Settings: Settings of the selected indicator in "Source A", entered settings of indicators requiring multiple ones must be comma separated, for example, "10, 3". Source B: Source B input series, can be an indicator or external source. External: External source if 'External" is selected in "Source B". Settings: Settings of the selected indicator in "Source B", entered settings of indicators requiring multiple ones must be comma separated, for example, "10, 3". Source B Value: User-defined numerical value if "value" is selected in "Source B". Show Source Values: Display "Source A" and "Source B" on the chart. 🔹 Logic Wait Until Reached: When enabled will not create a new target until an existing one is reached. New Target When Reached: Will create a new target when an existing one is reached. Evaluate Wicks: Will use high/low prices to determine if a target is reached. Unselecting this setting will use the closing price. Target Distance From Price: Controls the distance of a target from the price. Can be determined in currencies/points, percentages, ATR multiples, ticks, or using multiple of external values. External Distance Value: External distance value when "External Value" is selected in "Target Distance From Price".
Pine Script® インジケーター
LuxAlgoの投稿
10
Targets For Overlay Indicators [LuxAlgo]The Targets For Overlay Indicators is a useful utility tool able to display targets during crossings made between the price and external indicators on the user chart. Users can display a series of two targets, one for crossover events and another one for crossunder event. Alerts are included for the occurrence of a new target as well as for reached targets. 🔶 USAGE In order for targets to be displayed users need to select an appropriate input source from the "Source" drop-down input setting. In the example above we apply the indicator to a volatility stop. This can also easily be done by adding the "Targets For Overlay Indicators" script on the VStop indicator directly. Targets can help users determine the price limit where the price might start deviating from an indication given by one or multiple indicators. In the context of trading, targets can help secure profits/reduce losses of a trade, as such this tool can be useful to evaluate/determine user take profits/stop losses. Due to these essentially being horizontal levels, they can also serve as potential support/resistances, with breakouts potentially confirming new trends. Users might be interested in obtaining new targets once one is reached, this can be done by enabling "New Target When Reached" in the target logic setting section, resulting in more frequent targets. Lastly, users can restrict new target creation until current ones are reached. This can result in fewer and longer-term targets, with a higher reach rate. 🔹 Examples The indicator can be applied to many overlay indicators that naturally produce crosses with the price, such as moving average, trailing stops, bands...etc. Users can use trailing stops such as the SuperTrend or VStop to more easily create clean targets. Do note that certain SuperTrend scripts separate the upper and lower extremities of the SuperTrend into two different plot, which cannot be used with this tool, you may use the provided SuperTrend script below to have a compatible version with our tool: //@version=5 indicator("SuperTrend", overlay = true) factor = input.float(3, 'Factor', minval = 0) atrLen = input.int(10, 'ATR Length', minval = 1) = ta.supertrend(factor, atrLen) plot(spt, 'SuperTrend', dir != dir ? na : dir < 0 ? #089981 : #f23645, 2) plot(spt, 'Circles', dir > dir ? #f23645 : dir < dir ? #089981 : na, 3, plot.style_circles) Using moving averages can produce more targets than other overlay indicators. Users can apply the tool twice when using bands or any overlay indicator returning two outputs, using crossover targets for obtaining targets using the upper band as source and crossunder targets for targets using the lower band. We can also use the Trendlines with breaks indicator as example: 🔹 Dashboard A dashboard is displayed on the top right of the chart, displaying the amount, reach rate of targets 1/2, and total amount. This dashboard can be useful to evaluate the selected target distances relative to the selected conditions, with a higher reach rate suggesting the distance of the targets from the price allows them to be reached. 🔶 SETTINGS Source: Indicator source used to create targets. Targets are created when the closing price crosses the specified source. Show Target Labels: Display target labels on the chart. Candle Coloring: Apply candle coloring based on the most recent active target. 🔹 Target Crossover and Crossunder targets use the same settings below: Show Target: Determines if the target is displayed or not. Above Price Target: If selected, will create targets above the closing price. Wait Until Reached: When enabled will not create a new target until an existing one is reached. New Target When Reached: Will create a new target when an existing one is reached. Evaluate Wicks: Will use high/low prices to determine if a target is reached. Unselecting this setting will use the closing price. Target Distance From Price: Controls the distance of a target from the price. Can be determined in currencies/points, percentages, ATR multiples, or ticks.
Pine Script® インジケーター
LuxAlgoの投稿
14
Ranges With Targets [ChartPrime]The Ranges With Targets indicator is a tool designed to assist traders in identifying potential trading opportunities on a chart derived from breakout trading. It dynamically outlines ranges with boxes in real-time, providing a visual representation of price movements. When a breakout occurs from a range, the indicator will begin coloring the candles. A green candle signals a long breakout, suggesting a potential upward movement, while a red candle indicates a short breakout, suggesting a potential downward movement. Grey candles indicate periods with no active trade. Ranges are derived from daily changes in price action. This indicator builds upon the common breakout theory in trading whereby when price breaks out of a range; it may indicate continuation in a trend. Additionally, users have the ability to customize their risk-reward settings through a multiplier referred to as the Target input. This allows traders to set their Take Profit (TP) and Stop Loss (SL) levels according to their specific risk tolerance and trading strategy. Furthermore, the indicator offers an optional stop loss setting that can automatically exit losing trades, providing an additional layer of risk management for users who choose to utilize this feature. A dashboard is provided in the top right showing the statistics and performance of the indicator; winning trades; losing trades, gross profit and loss and PNL. This can be useful when analyzing the success of breakout trading on a particular asset or timeframe.
Pine Script® インジケーター
ChartPrimeの投稿
24
Fibo Levels with Volume Profile and Targets [ChartPrime]The Fib Levels With Volume Profile and Targets (FIVP) is a trading tool designed to provide traders with a unique understanding of price movement and trading volume through the lens of Fibonacci levels. This dynamic indicator merges the concepts of Fibonacci retracement levels with trading volume analytics to offer predictive insights into potential price trajectories. Features: 1. Fibonacci Levels: The FPI showcases three prominent Fibonacci levels on both sides of the current price, offering an intricate picture of potential support and resistance levels. 2. Support and Resistance Recognition: Harnessing the power of Fibonacci levels, the FPI provides traders with potential areas of support and resistance, aiding in informed decision-making for entries, exits, and stop placements. 3. Customizable Timeframe Settings: In order to cater to different trading strategies and styles, users can manually select their preferred timeframe for the Fibonacci calculations, ensuring optimal relevance and accuracy for their trading approach. 4. Volume Analytics: One of the standout features of the FIVP is its ability to calculate trading volume for every bar that is sandwiched between the top and lower Fibonacci levels. This ensures traders have a clear vision of where the majority of trading activity is occurring, lending weight to the credibility of the displayed support and resistance zones. 5. Volume-Derived Price Targeting: The Possible Target Arrow function is an innovative feature. By analyzing and comparing the trading volume in the bearish and bullish zones, it provides an arrow indicating the potential direction the market might take. If the bull volume surpasses the bear volume, the market is likely skewing bullish and vice versa. Usage Ideal for both novice and seasoned traders, the FPI offers a rich tapestry of information. It allows for refined technical analysis, more precise entries and exits, and a holistic view of the interplay between price and trading volume. Whether you're scalping, day trading, or swing trading, the Fibonacci Profile Indicator is designed to enhance your trading strategy, providing a comprehensive perspective of the market's potential movements.
Pine Script® インジケーター
ChartPrimeの投稿
44
biased_price_targetLibrary "biased_price_target" Collection of functions that can be used for the calculation of biased price targets like stop loss and take profit from a reference price using several methods that are already provided by the "distance_ratio" library plus the 'HHLL'. Methods supported are percentagewise (PERC), atr-based (ATR), fixed profit (PROF), tick-based (TICKS), risk reward ratio (RR), and highest high/lowest low (HHLL)
Pine Script® ライブラリ
jason5480の投稿
3