GreenPen V.2 – Advanced Price Action Trading ToolGreenPen V.2 – Advanced Price Action Trading Tool
GreenPen V.2 is a closed-source invite-only indicator built on a unique Price Action methodology.
It focuses on detecting specific market structures and candle formations (e.g., engulfing, rejection, and breakout setups) and then automatically calculating TP1 and TP2 levels based on the underlying swing point.
Key features:
Real-time detection of valid Price Action signals.
Automatic calculation of TP1 and TP2 levels from the reference swing point (“signal base”).
Clean visual presentation with toggleable chart elements (open price lines, labels, alerts).
Optimized for the 4H timeframe, but flexible for other timeframes.
This tool is intended to help traders analyze market structure more clearly. It does not guarantee profitable results and should be used with proper risk management.
ภาษาไทย (optional, after English):
GreenPen V.2 – เครื่องมือ Price Action ขั้นสูง
GreenPen V.2 เป็นอินดิเคเตอร์แบบปิดโค้ด (invite-only) ที่ออกแบบตามแนวคิด Price Action เฉพาะทาง โดยมุ่งเน้นไปที่การตรวจจับโครงสร้างตลาดและแท่งเทียนสำคัญ (เช่น Engulfing, Rejection และ Breakout) พร้อมระบบคำนวณ TP1 และ TP2 อัตโนมัติจากจุด Swing หลัก
คุณสมบัติหลัก:
ตรวจจับสัญญาณ PA ได้แบบเรียลไทม์
คำนวณ TP1 / TP2 ให้อัตโนมัติจาก “จุดอ้างอิงสัญญาณ”
หน้าจอสะอาด เปิด/ปิดองค์ประกอบต่าง ๆ ได้ตามสไตล์
เหมาะกับ Timeframe 4 ชั่วโมง แต่ยืดหยุ่นใช้กับ TF อื่นได้
อินดิเคเตอร์นี้มีจุดประสงค์เพื่อช่วยให้เทรดเดอร์มองโครงสร้างตลาดได้ชัดเจนขึ้น ไม่ได้การันตีผลกำไร และควรใช้ควบคู่กับการจัดการความเสี่ยงที่เหมาะสม
Candlestick analysis
Short SellingStrong sell signal confirmed on 5-minute higher timeframe with same conditions.
Square off half/full signals as defined.
Target lines drawn bold based on previous swing lows and extended as described.
Blue candle color when RSI below 30.
FU, AFU bank candlesThis indicator visualizes bank manipulations through candles.
There are two key candle types to watch: FU and AFU.
All manipulations occur on these candles.
🟩 Bullish FU → green diamond below the bar
🟥 Bearish FU → red diamond above the bar
🔵 Bullish AFU → blue arrow below the bar
🔵 Bearish AFU → blue arrow above the bar
Smart MACD FDBEZ / FSBEZ EngineThis Indicator Showing FDBEZ/FSBEZ Aligning with Environmental Condition of EMA 10/20 Crossing and MACD Crossing Zero Line
[DEM] Pullback Signal (With Backtesting) Pullback Signal (With Backtesting) is a sophisticated fractal-based indicator that identifies potential reversal opportunities by detecting swing highs and lows followed by pullback conditions in the opposite direction. The indicator uses complex fractal logic to identify pivot points where price forms a local high or low over a customizable period (default 3 bars), then generates buy signals when an upward fractal is identified and the current close is below the previous close, or sell signals when a downward fractal occurs and the current close is above the previous close. This approach captures the classic pullback scenario where price retraces after forming a swing point, potentially offering favorable risk-reward entry opportunities. The indicator includes comprehensive backtesting functionality that tracks signal accuracy, average returns, and signal frequency over time, displaying these performance metrics in a detailed statistics table to help traders evaluate the historical effectiveness of the pullback strategy across different market conditions.
[DEM] No High/Low Bars No High/Low Bars is a simple yet effective price action indicator that identifies potential reversal points by marking bars where the closing price equals either the session's high or low. The indicator generates buy signals (blue triangles below the bar) when the close equals the high, suggesting strong bullish momentum that pushed price to its peak by session end, and sell signals (red triangles above the bar) when the close equals the low, indicating bearish pressure that drove price to its lowest point. This approach captures moments of decisive directional movement where buyers or sellers maintained control throughout the entire session, effectively filtering out indecisive price action and highlighting bars with clear directional commitment. The simplicity of this method makes it particularly useful for identifying momentum shifts and potential continuation or reversal points based purely on the relationship between closing prices and session extremes.
[DEM] MACD Bars MACD Bars is designed to color price bars based on the relationship between the MACD line and its histogram to provide immediate visual feedback about momentum conditions and potential trend changes. The indicator calculates the standard MACD using the default parameters (12, 26, 9) and applies a three-color system to the candlesticks: green bars when the MACD line is above both the histogram and zero (indicating strong bullish momentum), red bars when the MACD line is below both the histogram and zero (indicating strong bearish momentum), and purple bars for all other conditions where momentum signals are mixed or transitional. This color-coding system helps traders quickly identify periods of strong directional momentum versus periods of uncertainty or potential reversal without needing to reference a separate MACD indicator pane.
[DEM] Heikin Ashi Barcolors Heikin Ashi Barcolors is designed to apply smoothed Heikin Ashi calculations to regular candlestick charts and color the price bars based on the resulting Heikin Ashi trend direction to reduce market noise and provide clearer visual trend identification. The indicator first applies EMA smoothing to the standard OHLC values, then calculates Heikin Ashi values using the traditional formulas (averaged close, modified open based on previous values, and adjusted high/low), and applies an additional layer of EMA smoothing to the Heikin Ashi results. The bars are colored teal when the smoothed Heikin Ashi close is above the smoothed Heikin Ashi open (indicating bullish conditions) and red when the close is below the open (indicating bearish conditions), effectively transforming the visual appearance of regular candlesticks to reflect the smoother, trend-following characteristics of Heikin Ashi methodology while maintaining the original price structure.
[DEM] Floating Reversal Signal (With Backtesting) Floating Reversal Signal (With Backtesting) is designed to identify potential reversal opportunities by detecting counter-trend momentum shifts using a combination of SuperTrend analysis, ATR-based candle size filtering, and RSI oversold/overbought conditions. It also includes a comprehensive backtesting framework to evaluate the historical performance of these signals. The indicator overlays directly on the price chart, plotting signals and displaying performance statistics in a table. The strategy generates buy signals when price forms a bullish candle during a SuperTrend downtrend, with the previous candle's body size falling within specified ATR multiplier ranges (default 0.5x to 2x) and RSI showing oversold conditions below a configurable threshold, while sell signals are triggered under opposite conditions during uptrends with overbought RSI readings, aiming to capture "floating" reversal setups where price temporarily moves against the prevailing trend before resuming in the original direction.
[DEM] Fair Value Gaps Fair Value Gaps is designed to identify and visualize institutional Fair Value Gaps (FVGs) on the price chart by detecting three-candle patterns where a significant price gap exists between non-adjacent candles, indicating areas where price moved too quickly and left behind unfilled liquidity zones. The indicator identifies bullish FVGs when the current low exceeds the high from two bars ago by more than a configurable ATR multiplier (default 1.1), and bearish FVGs when the low from two bars ago exceeds the current high by the same threshold, ensuring only significant gaps are marked. When detected, the indicator draws semi-transparent boxes around the gap areas with midline references, colors the chart background green for bullish gaps and red for bearish gaps, and maintains these visual markers as potential support/resistance levels where institutional traders may look to fill orders, helping traders identify key price levels where future reversals or continuations might occur.
[DEM] Exit Signals Exit Signals is designed to identify potential exit points for existing positions by detecting specific candlestick patterns that suggest momentum exhaustion or reversal conditions using ATR-based size requirements. The indicator generates sell signals (red X marks above bars) when either a large bullish candle from the previous session (body size greater than 0.5x ATR over 50 periods) is followed by a bearish close near the previous open, or when the current candle shows exceptionally strong bullish momentum (body size greater than 1.3x ATR over 26 periods). Conversely, buy signals (blue X marks below bars) are triggered when a large bearish candle is followed by a bullish close near the previous open, or when the current candle displays exceptionally strong bearish momentum, helping traders identify potential exit opportunities where extreme price movements may be signaling exhaustion and possible reversal rather than continuation.
[DEM] Engulfing Candlestick Identifier Engulfing Candlestick Identifier is designed to automatically detect and highlight bullish and bearish engulfing candlestick patterns by analyzing the relationship between consecutive candles and applying ATR-based size filters to ensure significant pattern validity. The indicator identifies bullish engulfing patterns when the current candle closes above the previous candle's open, opens below the previous candle's close, and both candles meet minimum size requirements based on ATR thresholds, while bearish engulfing patterns are detected under opposite conditions. The indicator colors bars green for bullish engulfing patterns, red for bearish engulfing patterns, and optionally purple for all other bars when the "Different Color" setting is enabled, helping traders quickly identify potential reversal signals where one candle completely engulfs the body of the previous candle with sufficient magnitude to suggest meaningful momentum shifts.
[DEM] Doji Candlestick Identifier Doji Candlestick Identifier is designed to automatically detect and highlight doji candlestick patterns on the price chart by identifying bars where the opening and closing prices are nearly identical, indicating market indecision. The indicator uses statistical analysis to determine what constitutes a "near identical" open-close relationship by calculating the standard deviation of close-open differences over a specified lookback period (default 200 bars) and setting tolerance bands at one-tenth of this deviation above and below zero. When a candlestick's open-close difference falls within these narrow tolerance bands, the indicator places a small gray triangle below the bar to mark the doji pattern, helping traders quickly identify potential reversal or continuation points where buying and selling pressure are balanced.
ROAD200K Wickrange BarLaa umnuh laanii wick dotor haagdval
wick nii range ni uuruu sonirholiin bus bolj huvirdag
Multi-Indicator Combo - JTR Community - Version1🔰 **Multi-Indicator Combo – JTR Community Version 1 Edition** 🔰
The Multi-Indicator Combo is an all-in-one trading tool that combines multiple popular indicators into a single script, with full flexibility to enable/disable each one. It also includes an interactive Dashboard that summarizes market conditions with real-time values and insights.
🎯 What it offers:
Moving Averages (MA): Supports 10+ types (EMA, SMA, HMA, McGinley, Kijun v2, etc.) for trend direction and dynamic support/resistance.
Momentum Indicators:
RSI with OB/OS levels.
Stochastic RSI with crossovers and overbought/oversold signals.
CCI, Momentum, ROC for additional confirmations.
Volume Indicators:
Volume with moving average.
OBV (On Balance Volume) with percentile analysis.
VWAP with dynamic price relation coloring.
Volatility Indicators:
ATR + NATR to measure strength and volatility.
Bollinger Bands, Keltner Channel, Donchian Channel with color-coded fills.
Volatility Stop for adaptive stop levels.
Candlestick Patterns:
Built-in library with popular patterns (Bullish/Bearish Engulfing, Hammer, Doji, Morning Star, Evening Star, Inside/Outside Bar, etc.).
Support & Resistance Zones:
Pivot Zones
High/Low Zones
Wick-based Liquidity Zones
Interactive Dashboard:
Displays indicator values and market insights in a simple, color-coded table (Bullish/Bearish/Neutral), allowing traders to quickly read the market without switching between multiple indicators.
⚙️ How to use:
Enable only the indicators you need from the settings to keep your chart clean.
Use the Dashboard for a quick overview of market sentiment.
Combine signals (e.g., RSI + Volume + ATR) to improve accuracy and decision-making.
💡 Key Features:
Combines 20+ indicators and tools into one script.
Clean and organized interface with grouped settings.
Highly flexible – every feature can be turned on/off.
Suitable for beginners (easy overview) and advanced traders (detailed analysis).
⚠️ Disclaimer:
This script is for educational and analytical purposes only. It does not provide financial advice or guaranteed trading signals. Always use proper risk management and a trading plan.
👨💻 Developed by: **JemmyTrade | JTR Community | Nabil Elmahdy **
📥 Feedback & suggestions are welcome!
STC Hedge ContinuitySTC Hedge v8 is a signal-only indicator that combines a custom Schaff Trend Cycle (STC) with a higher-timeframe (HTF) EMA trend gate, an optional EMA slope filter, and an ADX-based auto-toggle that relaxes slope gating during strong trends.
How it works:
1) Custom Schaff Trend Cycle (STC)
Built from a normalized MACD-like EMA difference (EMA(fast) – EMA(slow)), scaled into 0–100, and smoothed. Detects cyclical overbought/oversold shifts more responsively than RSI or MACD.
2) HTF EMA Trend Gate
Two EMAs (fastLength, slowLength) computed on a higher timeframe (gateTF). Bull gate: EMA(fast) > EMA(slow) for at least trendBars.
Bear gate: EMA(fast) < EMA(slow) for at least trendBars. Adds directional persistence to avoid whipsaws.
3) EMA Slope Filter (optional)
Confirms both EMAs are trending upward (longs) or downward (shorts) over slopeLookback bars.
Can compute slope on HTF (gateTF) for smoother signals.
ADX Auto-Toggle: slope filter is automatically bypassed when ADX ≥ adxThresh, letting strong trends flow without over-filtering.
4) ADX Calculation (self-contained)
Custom implementation of DI/ADX (no ta.adx dependency). Runs either on the trend gate TF or a user-defined adxTF.
5) Signal Triggers
Long: STC crosses above lowerThresh + bull gate + slope check + cooldown satisfied.
Short: STC crosses below upperThresh + bear gate + slope check + cooldown satisfied.
Green triangles = long signals; red triangles = short signals.
Liquidity ImpulsesThis script essentially prints out any impulses in price movement indicating large buying/selling activity.
- Once a candle is determined to have an impulse of volume, the script will print a line of liquidity indicating where a lot of orders are.
- Once the liquidity is taken, the line will be deleted.
- This script works on lower timeframes for day trading as well as higher timeframes to get a clear bias on where price is headed. You can use this as a liquidity sweep or as a target for your trade
Enjoy!
New Rate - PREMIUM v2New Rate – Premium
Overview
New Rate – Premium is a breakout strategy built around a strict “one trade per day” rule. It forms an intraday range from the first N candles, freezes High/Low at the close of candle N, and places OCO stop orders exactly on those levels. The first breakout fills and the opposite order is canceled. Exits can be managed by fixed ticks or by risk/reward (RR). The script draws SL/TP boxes, keeps entry labels at a fixed distance from price, and lets you restrict trading to selected weekdays.
How it works
Window & count: set timeframe, session start, and N candles. Those candles are highlighted and used to compute the range High/Low.
Freeze: when candle N closes, the strategy locks High/Low and draws the lines; a 50% midline is optional.
OCO placement: buy-stop on High and sell-stop on Low (one-cancels-other). The first fill cancels the other side.
Exits:
– Ticks mode: SL/TP are fixed distances in ticks from entry.
– RR mode: SL at the opposite side of the range; TP = RR × risk.
Visual SL/TP boxes are drawn in both modes.
Daily lock: after the first fill, no more entries for that day.
Key features
First break only, one trade per day: hard discipline that avoids over-trading.
Automatic range end: timeframe × N candles (or manual end time).
Exact “at-the-break” entries: stop orders placed at frozen High/Low.
Flexible exits: fixed ticks or RR with opposite-side stop.
Clean visuals: High/Low and midline with configurable color/style/width; text alignment (left/center/right); session background with opacity.
SL/TP boxes: configurable colors, borders, width, and forward projection.
Entry labels with constant offset: “BUY” below bar, “SELL” above bar; distance in ticks so labels never sit on price.
Weekday filter: trade only the days you select (Mon–Fri).
Inputs (summary)
• Session & range: timeframe (minutes), start time, N candles, auto end (TF × N) or manual, line extension.
• Style: High/Low colors, styles, widths; midline on/off; label position; session background color and opacity.
• Exits: RR using the opposite extreme as SL, or “Use SL/TP by ticks”.
• SL/TP boxes: projection bars, SL color, TP color, border color and width, box limit.
• Weekdays: Monday–Friday selectors.
• Entry labels: show/hide, colors, size, vertical offset in ticks, optional X shift in bars.
Backtest snapshot — FX:XAUUSD 30m
Range: 02 Jan 2024 00:00 → 12 Sep 2025 12:00 • Symbol/TF: FX:XAUUSD / 30m
• Net Profit: $1,599.77
• Gross Profit / Gross Loss: $3,929.47 / $2,329.70
• Max Drawdown: $112.73 (4.93%)
• Total Trades / Win rate: 440 / 48.41%
• Avg Trade: $3.64 (0.04%); Avg Winner / Avg Loser: $18.45 / $10.26
• Profit Factor / Sharpe / Sortino: 1.687 / 1.163 / 6.876
• Largest Win / Loss: $91.94 / $10.26
• Avg Bars in Trade: 1 (long), 2 (short)
Why this strategy is original
First-bar breakout accuracy: orders arm exactly when the N-th candle closes, so the very next bar can fill at the true break. This avoids the common ORB miss where the first post-range bar is skipped by delayed checks or market orders.
OCO + daily lock as a core mechanic: the engine enforces one-and-done behavior—no soft rules, no hidden retries—so test results match live logic.
Two exit frameworks, one visual language: switch seamlessly between fixed-tick and structural RR exits while managing both with the same SL/TP boxes for consistent analysis and education.
Readability by design: label offset, aligned High/Low text, and tunable session background keep charts uncluttered during long optimizations or multi-asset reviews.
Operational guardrails: drawing budgets, box limits, and weekday filters are integrated so backtests remain stable and realistic with trading hours.
Focused ORB specialization: no oscillators, no hidden bias—transparent, testable, and purpose-built for the opening-range dynamic you configure.
Recommended use
• Session openings or early windows with a single, clean decision per day.
• Strict rules with exact entry levels and auditable exits.
• Benchmarking exits in both ticks and RR with apples-to-apples visuals.
Default strategy properties
• Initial capital: 10,000 USD; position sizing by % of equity (editable).
• Commissions default to 0% and slippage to 0; edit to match your broker/market.
• Drawing limits tuned to respect TradingView resource caps.
Best practices & compliance
• Educational use. Not financial advice.
• Past performance does not guarantee future results.
• Adjust slippage, commissions, and position sizing to your live context.
• Original implementation with documented mechanics; compliant with TradingView House Rules.
Example setup
TF 5m, start 08:00, N = 6 → auto end at 08:30
RR = 2 with SL at the opposite side of the range
Boxes: projection 10 bars; SL #9598a1; TP #ffbe1a; border #787B86; opacity 70
Days: Tuesday and Wednesday only
Labels: “BUY” below and “SELL” above, 10-tick offset
Glossary
• Opening range breakout (ORB): breakout of the configured initial range.
• One-cancels-other (OCO): filling one order cancels the other.
• Risk/reward (RR): target equals RR × risk distance.
• Tick: minimum price increment.
• Offset: fixed label separation from the bar extremum.
STC Hedging SMA Trend GateSchaff Trend Cycle (STC)–based hedging tool with a built-in higher-timeframe trend filter (“Trend Gate”) and a signal cooldown mechanism.
It is designed to provide long/short hedge entry signals only when both the momentum (STC) and the higher-timeframe trend agree, helping filter out noise and false trades.
Key Components
1. STC Core (Momentum Engine)
The Schaff Trend Cycle (STC) is calculated from a normalized MACD cycle:
Uses fastLength and slowLength EMAs.
Normalizes the EMA difference over a lengthSTC window.
Smooths and rescales into a 0–100 oscillator.
Thresholds:
Lower Threshold (default 20): potential long/hedge long entry if crossed upwards.
Upper Threshold (default 80): potential short/hedge short entry if crossed downwards.
2. Trend Gate (Higher-Timeframe Filter)
Pulls fast SMA and slow SMA from a higher timeframe (gateTF, default = 5m).
Defines the prevailing trend:
Bullish Trend: fast SMA > slow SMA.
Bearish Trend: fast SMA < slow SMA.
Requires persistence (trendBars) before validating a trend direction, avoiding “one-bar flips.”
3. Signal Debounce & Cooldown
Uses barstate.isconfirmed → ensures signals trigger only on bar close (prevents repainting).
Requires a minimum number of bars (cooldownBars) between signals.
Tracks the last signal bar (lastSigBar) so no new signals fire too close together.
4. Trade Signals
Long Hedge Signal:
STC crosses above the lower threshold.
Higher timeframe is bullish for at least trendBars bars.
Cooldown condition is satisfied.
Short Hedge Signal:
STC crosses below the upper threshold.
Higher timeframe is bearish for at least trendBars bars.
Cooldown condition is satisfied.
Signals are shown with:
Green ▲ triangles below bars = Long Hedge
Red ▼ triangles above bars = Short Hedge
5. Alerts
Built-in alertcondition() allows TradingView alerts for:
STC Long Hedge
STC Short Hedge
This indicator is intended for hedging strategies and trend-aligned momentum trading.
By combining:
STC cycle turns (momentum shifts), HTF moving average trend filter, and Signal cooldown (to reduce over-trading), Aims to generate cleaner long/short hedge entry signals with reduced noise and false triggers.
STC Hedging EMA Trend GateSchaff Trend Cycle (STC)–based hedging tool with a built-in higher-timeframe trend filter (“Trend Gate”) and a signal cooldown mechanism.
It is designed to provide long/short hedge entry signals only when both the momentum (STC) and the higher-timeframe trend agree, helping filter out noise and false trades.
Key Components
1. STC Core (Momentum Engine)
The Schaff Trend Cycle (STC) is calculated from a normalized MACD cycle:
Uses fastLength and slowLength EMAs.
Normalizes the EMA difference over a lengthSTC window.
Smooths and rescales into a 0–100 oscillator.
Thresholds:
Lower Threshold (default 20): potential long/hedge long entry if crossed upwards.
Upper Threshold (default 80): potential short/hedge short entry if crossed downwards.
2. Trend Gate (Higher-Timeframe Filter)
Pulls fast SMA and slow SMA from a higher timeframe (gateTF, default = 5m).
Defines the prevailing trend:
Bullish Trend: fast EMA > slow EMA.
Bearish Trend: fast EMA < slow EMA.
Requires persistence (trendBars) before validating a trend direction, avoiding “one-bar flips.”
3. Signal Debounce & Cooldown
Uses barstate.isconfirmed → ensures signals trigger only on bar close (prevents repainting).
Requires a minimum number of bars (cooldownBars) between signals.
Tracks the last signal bar (lastSigBar) so no new signals fire too close together.
4. Trade Signals
Long Hedge Signal:
STC crosses above the lower threshold.
Higher timeframe is bullish for at least trendBars bars.
Cooldown condition is satisfied.
Short Hedge Signal:
STC crosses below the upper threshold.
Higher timeframe is bearish for at least trendBars bars.
Cooldown condition is satisfied.
Signals are shown with:
Green ▲ triangles below bars = Long Hedge
Red ▼ triangles above bars = Short Hedge
5. Alerts
Built-in alertcondition() allows TradingView alerts for:
STC Long Hedge
STC Short Hedge
This indicator is intended for hedging strategies and trend-aligned momentum trading.
By combining:
STC cycle turns (momentum shifts), HTF moving average trend filter, and Signal cooldown (to reduce over-trading), Aims to generate cleaner long/short hedge entry signals with reduced noise and false triggers.
STC v1 v2 Level Line Cross EMA FilterSTC based indicator combines my previous v1 and v2 . You can select STC v1 or STC v2 from the dropdown.
Leave “Use mode-specific presets” ON to auto-load the default parameters:
v1 → 10,21,5 and levels 25/75
v2 → 8,17,40 and levels 25/70
Turn presets OFF to customize fast/slow/cycle and levels
Filter: keep EMA(15) filter ON so signals align with trend
Alerts: set one alert for the LONG condition and one for SHORT condition
Range Breakout StrategyAfter consecutive candle closes it creates a range, and if price breaks out of it it enters with fixed take profit.
