Biasindicator — 指标和策略

RTH Bias by @traderprimez Tired of guessing the intraday direction? The RTH Bias indicator provides a powerful, data-driven statistical edge by analyzing the behavior of price after the initial Regular Trading Hours (RTH) range is set. It meticulously tracks historical outcomes to show you the most probable "story" for the rest of the trading day. This tool is designed for day traders of US indices, stocks, and other assets most active during the New York session. It moves beyond simple "opening range breakout" strategies by classifying each day into one of six distinct scenarios, giving you a much deeper insight into the day's potential character. Core Concept The opening period of the RTH session (e.g., the first one, two, or three hours) is dominated by high volume and institutional activity. The high and low established during this time often act as a critical pivot or springboard for the remainder of the day. This indicator captures that initial range and then analyzes thousands of historical days to answer the key question: "Once the opening range is set, what happens next?" Does price tend to break out and trend? Does it fake out in one direction and reverse? Or does it stay trapped? The dashboard provides these probabilities at a glance. Key Features Choose the range that best fits your trading style and the asset you're trading: 09:30 - 10:30 (Micro): The classic, volatile first hour. 09:30 - 11:30 (Major): A broader range capturing the morning momentum. 09:30 - 12:30 (Macro): The full morning session, often defining the entire day's extremes. 📊 The Statistical Dashboard This is the heart of the indicator. It provides a complete statistical breakdown of historical price action: Scenario: The name of the price action profile. Distribution: A visual bar chart showing the relative frequency of each scenario. Count: The raw number of times each scenario has occurred over the lookback period. Contribution: The percentage probability of each scenario occurring. 🎲 The Six Scenarios Explained The indicator classifies each day's price action into one of these profiles: ↑ High, then ↓ Low (XAMD): A classic "stop hunt high, then sell-off." Price breaks the range high first, luring in buyers, before reversing to take the range low. ↓ Low, then ↑ High (XAMD): A classic "stop hunt low, then rally." Price breaks the range low first, stopping out sellers, before reversing to take the range high. One-Sided Breakout (AMDX): A strong trend day. Price breaks only one side of the range and continues in that direction without ever violating the other side. Search & Destroy (S&D): A volatile, choppy day. Price takes one side, reverses to take the other, and then reverses again. No Breakout (Inside Day): A consolidation day. Price fails to break either the high or the low of the opening range. 🟩 On-Chart Bias Box A simple visual aid that tracks the session in real-time: Neutral (Gray): During Session 1, as the range is forming. Bullish (Green): The Session 1 high has been broken. Bearish (Red): The Session 1 low has been broken. Both (Orange): Both the high and low have been broken (XAMD or S&D profile). 🛡️ RTH Guard Logic This is a crucial feature for accuracy. The indicator locks in the day's scenario at the RTH close (e.g., 4 PM ET). This ensures that post-market (ETH) price action does not corrupt the historical statistics, giving you clean, reliable data based purely on regular trading hours. 🔔 Custom Alerts Enable the "First Breakout" alert to be notified the moment the opening range is breached, so you don't have to watch the chart all day. How to Use in Your Trading This indicator does not give buy/sell signals. It provides a statistical framework to build a high-probability trading hypothesis for the day. Select Your Range: In the settings, choose the opening range (Micro, Major, or Macro) you want to analyze. Wait for the Range to Form: Let the neutral box fully form on your chart. Analyze the Dashboard: Once the range is set, look at the "Contribution" column. Identify the scenario with the highest probability. Form a Hypothesis: Build your trade idea around the most likely scenario. Execute and Manage: You would wait for the box to turn red (low is broken). Instead of shorting, you would look for bullish confirmation (e.g., a market structure shift on a lower timeframe) to enter a long position, with the opening range high as a logical target. Disclaimer: This indicator is a tool for analysis and probability assessment, not a standalone trading system. It should be used in conjunction with your own strategy and risk management. Past performance is not indicative of future results.

VIX Filter/RSI/EMA Bias/Cum-TICK w/ Exhaustion Zone Dashboard This all-in-one dashboard gives intraday traders a real-time visual read of market conditions, combining volatility regime, trend bias, momentum exhaustion, and internal strength — all in a fully customizable overlay that won’t clutter your chart. 📉 VIX Market Regime Detector Identifies "Weak", "Normal", "Volatile", or "Danger" market states based on customizable VIX ranges and symbol (e.g., VXN or VIX). 📊 RSI Momentum Readout Displays real-time RSI from any selected timeframe or symbol, with adjustable length, OB/OS thresholds, and color-coded exhaustion alerts. 📈 EMA Trend Bias Scanner Compares fast and slow EMAs to define bullish or bearish bias, using your preferred timeframe, symbol, and EMA lengths — ideal for multi-timeframe setups. 🧠 Cumulative TICK Pressure & Exhaustion Engine Analyzes internal market strength using cumulative TICK data to classify conditions as: -Strong / Mild Bullish or Bearish Pressure -Choppy / No Edge -⚠️ Exhaustion Zones — when raw TICK values hit extreme highs/lows, a separate highlight box appears in the dashboard, warning of potential turning points All logic is customizable, including TICK symbol, timeframes, thresholds, and lookback periods. Scalpers and day traders who want fast, visual insight into market internals, exhaustion, and trend bias.

+ Time Weighted Average Price This is basically NeoButane's script (which should be more popular than it is) with a few additions, those being primarily plotted lines of the closing price of the previous TWAP, however I've also added the optionality of plotting a second TWAP of say, maybe a different resolution if you are so inclined. Also, you may plot shapes across the top or bottom of your chart color based on if current price is above or below the previous closing price of the TWAP, in case you might want to clean the chart up a bit and not plot the actual closing price lines. But what is TWAP, exactly, you might be saying to yourself. If you're familiar with VWAP then you've probably a pretty good idea of what this is and how it works. TWAP is a calculation that defines the weighted average price over a specific time period. Traders use TWAP as a trading strategy, or more specifically, an execution strategy, to place large orders without excessively impacting the market price. They break down the large orders into several sets of small orders priced near TWAP. Basically it's VWAP but without the volume element, and most traders will likely use it in a similar fashion as they might use VWAP, and that is like a moving average--dynamic support and resistance. I like to think of it as displaying a price range over a specified time period (such as a month or a week). This is why I think the closes of the previous period or two are so important. Losing the previous closing price or regaining it can often give you an inclination as to whether at least some of the next period (the one you're currently in) may be bearish or bullish. Above is a more zoomed out view of ADA/USD And here's the same image with just the closing price for the time period plotted. Enjoy!