Micro Pullback Entry SystemMicro Pullback Entry System - Quick Reference
The Pattern
▲ ENTRY (first green to break high)
│
┌──┴───┐
│ 1-3 │ ← PULLBACK (red candles)
│ red │ Stop = Low of this zone
└──────┘
│
┌──┴───┐
│ 3+ │ ← THE MOVE (green candles)
│green │ Strong momentum
└──────┘
Pattern Checklist
Requirement: Why It Matters
3+ green candlesConfirms momentum
1-3 red pullback Brief = momentum intact< 50% retracementShallow = buyers in controlVolume on entryConfirms breakout Above EMA Trend support
Status Flow
Scanning... → 📈 TRENDING → 👀 WATCHING → ⏳ FORMING → 🎯 ENTRY!
StatusMeaningActionScanningLooking for setupWait📈 TRENDINGGreen streak buildingMonitor👀 WATCHINGPullback startedPrepare⏳ FORMINGValid pullback readyGet ready!🎯 ENTRY!Signal triggeredExecute
Entry/Stop/Target
LevelLine ColorHow to SetEntryLime solidClose of signal candleStopRed dashedLow of pullbackTarget 1Aqua dottedEntry + (2 × Risk)Target 2Yellow dottedEntry + (3 × Risk)
Example
Entry: $5.00
Stop: $4.80
Risk: $0.20
Target 1 (2R): $5.00 + $0.40 = $5.40
Target 2 (3R): $5.00 + $0.60 = $5.60
Quality Grades
GradeScoreActionA+5/5 ✓Best setup - full sizeA4/5 ✓Good setup - standard sizeB3/5 ✓Average - reduced sizeC2/5 ✓Weak - skip or tiny size
Scoring Factors
✓ Green streak met minimum
✓ Pullback length valid (1-3)
✓ Retracement shallow (<50%)
✓ Volume confirmed
✓ Above EMA
Trade Execution
Entry
Wait for "⏳ FORMING" status
Watch for green candle forming
Entry triggers when green candle closes above pullback high
Enter at market or small limit above current price
Stop Loss
Set at pullback low (red dashed line)
Non-negotiable - this is your max risk
Trade Management
If no immediate follow-through → exit early
Take 50% off at Target 1 (aqua line)
Move stop to breakeven
Let remainder run to Target 2
Settings Guide
Default (Recommended)
Min Green Candles: 3
Min Pullback: 1
Max Pullback: 3
Max Retracement: 50%
Volume Multiplier: 1.2x
EMA Filter: ON (20)
Conservative (Fewer, Better)
Min Green Candles: 4
Min Pullback: 2
Max Pullback: 3
Max Retracement: 40%
Volume Multiplier: 1.5x
EMA Filter: ON (20)
Aggressive (More Signals)
Min Green Candles: 2
Min Pullback: 1
Max Pullback: 4
Max Retracement: 60%
Volume Multiplier: 1.0x
EMA Filter: OFF
Common Mistakes
❌ Entering before signal
Wait for green triangle
"FORMING" ≠ "ENTRY"
❌ Wide stop
Stop must be at pullback low
If too wide, skip the trade
❌ Ignoring volume
Low volume entries fail more often
Look for ✓ in volume row
❌ Fighting trend
Check EMA status
Should show "Above ✓"
❌ Chasing after entry
If you miss entry by 3+ candles, wait for next setup
Don't chase extended moves
Best Setups
A+ Quality Setup ✓
4-5 green candles (strong move)
2 candle pullback (brief)
25-35% retracement (shallow)
2x+ volume on entry
Well above EMA
Stock already up 5%+ on day
Avoid These ✗
Only 2 green candles
4+ candle pullback (losing momentum)
50%+ retracement (too deep)
Below average volume
Below or at EMA
Against market direction
Timeframe Guide
TFSignalsQualityBest For1mMostLowerScalping5mBalancedGoodDay trading15mFewestHigherSwing entries
Quick Decision Tree
1. Status showing "FORMING"?
NO → Wait
YES → Continue
2. Quality grade A or better?
NO → Skip or small size
YES → Continue
3. Volume confirmed (✓)?
NO → Caution, reduce size
YES → Continue
4. Above EMA (✓)?
NO → Skip
YES → Continue
5. Risk acceptable? (Stop not too wide)
NO → Skip
YES → TAKE THE TRADE
Alert Setup
Essential Alert
"Micro Pullback Entry" - Main signal
How to Set
Right-click chart → Add Alert
Condition: Micro Pullback Entry System
Select "Micro Pullback Entry"
Set notification preferences
Combining with Other Indicators
IndicatorHow to Use5 PillarsFind stocks meeting criteria firstGap & GoLook for micro pullbacks after gap breakoutsR2G TrackerConfirm stock is green before enteringFloat RotationHigh rotation + micro pullback = best setupsBull FlagMicro pullback is a "mini" bull flag
Example Trade
Stock: XYZ
Pre-market: Gapped up 15%
9:35 - 9:38: 4 green candles (move from $4.50 to $5.00)
9:39 - 9:40: 2 red candles (pullback to $4.85)
9:41: Green candle breaks $4.90 (pullback high)
ENTRY: $4.92
STOP: $4.82 (pullback low)
RISK: $0.10
TARGET 1: $5.12 (+$0.20 = 2R)
TARGET 2: $5.22 (+$0.30 = 3R)
Result: Hit Target 2 by 9:55 → +$0.30 per share
Key Takeaways
Micro = 1-3 candles - Brief pullback
Entry = First green to break high - Specific trigger
Stop = Pullback low - Tight risk
Quality matters - Focus on A/A+ setups
Breakout or bailout - Exit if no follow-through
图表形态
Smart Money Decoded [GOLD]Title: Smart Money Decoded
Description:
Introduction
Smart Money Decoded is a comprehensive, institutional-grade visualization suite designed to simplify the complex world of Smart Money Concepts (SMC). While many indicators flood the chart with noise, this tool focuses on clarity, precision, and high-probability structure.
This script is built for traders who follow the "Inner Circle Trader" (ICT) methodologies but struggle to identify valid Zones, Displacement, and Liquidity Sweeps in real-time.
💎 Key Features & Logic
1. Refined Market Structure (BOS & CHoCH)
Instead of marking every minor pivot, this script uses a filtered Swing High/Low detection system.
HH/LL/LH/HL Labels: Only significant structure points are mapped.
BOS (Break of Structure): Marks trend continuations in the direction of the bias.
CHoCH (Change of Character): Marks potential trend reversals.
2. Advanced Order Blocks (with "Strict Mode")
Not all down-candles before an up-move are Order Blocks. This script separates the weak from the strong.
Standard OBs: Visualized with standard transparency.
⚡ SWEEP OBs (High Probability): Order Blocks that explicitly swept liquidity (Stop Hunt) before the reversal are highlighted with a thicker border, brighter color, and a ⚡ symbol. These are your high-probability "Turtle Soup" entries.
Strict Mode Toggle: In the settings, you can choose to hide all weak OBs and only see the ones that swept liquidity.
3. Dynamic Breaker Blocks
A true ICT Breaker is a failed Order Block that trapped liquidity.
This script automatically detects when a valid OB is mitigated (broken through) and projects it forward as a Breaker Block.
This ensures you are trading off valid flipped zones (Support becomes Resistance, Resistance becomes Support).
4. Fair Value Gaps (FVG)
Automatically detects Imbalances (Imbalance/Inefficiency).
Includes an ATR Filter to ignore tiny, insignificant gaps, keeping your chart clean.
Option to show the Consequent Encroachment (50% CE) level for precision entries.
5. Liquidity Zones (BSL / SSL)
Automatically plots Buy Side Liquidity (BSL) and Sell Side Liquidity (SSL) at key swing points.
Once price sweeps these levels, the zone is removed or marked as "Swept," helping you identify when the draw on liquidity has been met.
6. Institutional Data Panel
A dashboard in the top right corner displays:
Market Bias: Bullish/Bearish/Neutral based on structure.
Premium/Discount: Tells you if price is in the expensive (Premium) or cheap (Discount) part of the current dealing range.
Active Zones: Counts of current open arrays.
⚙️ How To Use This Indicator
Identify Bias: Look at the Structure Labels (HH/LL) and the Panel. Are we making Higher Highs?
Wait for the Trap: Look for a Liquidity Sweep (BSL/SSL taken) or a ⚡ Sweep OB.
Entry Confirmation: Watch for a return to a Fair Value Gap (FVG) or a retest of a Breaker Block (BRK).
Manage Risk: Use the visuals to place stops above/below invalidation points.
Customization:
Go to the settings to toggle "Strict Mode" for Order Blocks, change colors to match your theme, or adjust the lookback periods to fit your specific asset (Forex, Crypto, or Indices).
📚 Credits & Acknowledgments
This script is an educational tool based on the public teachings of Michael J. Huddleston (The Inner Circle Trader - ICT).
Concepts used: Order Blocks, Breakers, FVGs, Market Structure, Liquidity Pools.
Credit is fully given to ICT for originating these concepts and sharing them with the world.
⚠️ Disclaimer
This script is NOT affiliated with, endorsed by, or connected to Michael J. Huddleston (ICT) in any way. It is an independent coding project intended for educational purposes and visual assistance.
Trading involves substantial risk. This indicator does not guarantee profits. Always use proper risk management. Trust your analysis first, and use indicators as confluence.
#Smart Money Concepts, #SMC, #ICT,#Liquidity, #Market Structure, #Trend, #Price Action.
Red to Green / Green to Red Tracker# Red to Green / Green to Red Tracker - Quick Reference
## Core Concept
```
PRIOR CLOSE = Yesterday's closing price = The "zero line" for today
Above Prior Close = 🟢 GREEN (profitable for yesterday's buyers)
Below Prior Close = 🔴 RED (losing for yesterday's buyers)
```
---
## The Two Key Moves
### 🟢 Red to Green (R2G)
```
OPEN: Below prior close (RED)
↓
CROSS: Price moves above prior close
↓
RESULT: Now GREEN - Bullish signal
```
**Why it matters:**
- Bears who shorted get squeezed
- Creates FOMO buying
- Momentum often continues
---
### 🔴 Green to Red (G2R)
```
OPEN: Above prior close (GREEN)
↓
CROSS: Price moves below prior close
↓
RESULT: Now RED - Bearish signal
```
**Why it matters:**
- Longs who bought get trapped
- Triggers stop losses
- Panic selling follows
---
## Signals Explained
| Signal | Shape | Location | Meaning |
|--------|-------|----------|---------|
| R2G | ▲ Green Triangle | Below bar | Crossed to green |
| G2R | ▼ Red Triangle | Above bar | Crossed to red |
---
## Level Lines
| Line | Color | Style | What It Is |
|------|-------|-------|------------|
| Prior Close | Orange | Solid | KEY R2G/G2R level |
| Prior High | Green | Dashed | Yesterday's high |
| Prior Low | Red | Dashed | Yesterday's low |
| Today Open | White | Dotted | Gap reference |
---
## Info Table Reference
| Field | What It Shows |
|-------|---------------|
| Status | 🟢 GREEN / 🔴 RED / ⚪ FLAT |
| Day Change | % change from prior close |
| Prior Close | The key level price |
| Distance | How far from prior close |
| Opened | Did today open green or red |
| R2G | R2G status + price if triggered |
| G2R | G2R status + price if triggered |
| Rel Vol | Current relative volume |
| Prior High | Yesterday's high + distance |
| Prior Low | Yesterday's low + distance |
---
## Trading R2G (Long Setup)
### Entry Checklist
- Stock opened RED (below prior close)
- R2G cross signal triggered (green triangle)
- Volume confirmation (1.5x+ preferred, 2x+ ideal)
- Price holding above prior close
- Overall market not tanking
### Entry Method
1. **Aggressive:** Enter immediately on R2G cross
2. **Conservative:** Wait for pullback to prior close (now support)
### Stop Loss
- Below the R2G cross candle low
- OR below prior close (tighter)
### Target
- Prior day high (first target)
- 2:1 risk-reward minimum
---
## Trading G2R (Short Setup)
### Entry Checklist
- Stock opened GREEN (above prior close)
- G2R cross signal triggered (red triangle)
- Volume confirmation
- Price staying below prior close
- Overall market not ripping
### Entry Method
1. **Aggressive:** Enter immediately on G2R cross
2. **Conservative:** Wait for bounce to prior close (now resistance)
### Stop Loss
- Above the G2R cross candle high
- OR above prior close (tighter)
### Target
- Prior day low (first target)
- Gap fill (if gapped up)
---
## Signal Quality
### High Quality R2G ✓
- Opened significantly red (-2% or more)
- Strong volume on cross (2x+)
- First R2G of the day
- Market trending up
- News catalyst present
### Low Quality R2G ✗
- Opened barely red (-0.5%)
- Low volume cross
- Multiple R2G/G2R already today (choppy)
- Fighting market direction
- No clear catalyst
---
## Common Patterns
### Clean R2G (Best)
```
Open red → Steady climb → Cross prior close → Continue higher
```
### Failed R2G (Avoid/Exit)
```
Open red → Cross to green → Immediately fail back to red
```
### Choppy R2G/G2R (Avoid)
```
Multiple crosses back and forth = Indecision, no clear direction
```
---
## First Cross Rule
**The FIRST R2G or G2R of the day is usually the most significant.**
Why?
- Catches traders off guard
- Largest reaction from market
- Sets tone for rest of day
If you miss the first cross, be more selective on subsequent crosses.
---
## Volume Guide
| Rel Volume | Quality | Action |
|------------|---------|--------|
| < 1.0x | Weak | Skip or small size |
| 1.0-1.5x | Average | Standard position |
| 1.5-2.0x | Good | Full position |
| 2.0x+ | Strong | High conviction |
---
## Settings Recommendations
### Default (Balanced)
```
Require Opposite Open: ON
Require Volume: ON (1.5x)
Candle Close Confirm: OFF
Min Cross %: 0
```
### Conservative (Fewer, Better Signals)
```
Require Opposite Open: ON
Require Volume: ON (2.0x)
Candle Close Confirm: ON
Min Cross %: 0.5
```
### Aggressive (More Signals)
```
Require Opposite Open: OFF
Require Volume: OFF
Candle Close Confirm: OFF
Min Cross %: 0
```
---
## Alert Setup
### Essential Alerts
1. **First R2G of Day** - Highest value alert
2. **R2G with Strong Volume** - High conviction
### How to Set
1. Right-click chart → Add Alert
2. Condition: R2G/G2R Tracker
3. Select alert type
4. Set notification method
---
## Combining with Other Indicators
| Indicator | How to Use |
|-----------|------------|
| **Gap & Go** | R2G on gap-down stock = strong reversal |
| **Bull Flag** | Look for bull flag after R2G confirmation |
| **Float Rotation** | R2G + high rotation = explosive potential |
| **VWAP** | R2G above VWAP = strongest setup |
---
## Common Mistakes
❌ **Chasing late R2G**
- If price is already 3-5% green, you missed the move
- Wait for pullback or next setup
❌ **Ignoring volume**
- Low volume R2G often fails
- Always check relative volume
❌ **Fighting the market**
- R2G in a tanking market often fails
- G2R in a ripping market often fails
❌ **No stop loss**
- Failed R2G can reverse hard
- Always have a defined stop
❌ **Overtrading choppy stocks**
- Multiple R2G/G2R = no clear direction
- Skip stocks that keep crossing back and forth
---
## Quick Decision Framework
```
1. Did it open opposite color? (Red for R2G, Green for G2R)
- NO → Lower probability, be cautious
- YES → Continue
2. Is volume confirming? (1.5x+ relative volume)
- NO → Skip or small size
- YES → Continue
3. Is this the first cross of the day?
- YES → Higher probability
- NO → Be more selective
4. Is market direction supportive?
- NO → Skip
- YES → Take the trade
5. Can you define risk? (Clear stop level)
- NO → Skip
- YES → Execute
```
---
## Key Takeaways
1. **Prior close is THE key level** - everyone watches it
2. **First cross matters most** - sets daily tone
3. **Volume confirms** - low volume crosses often fail
4. **Failed crosses reverse hard** - always use stops
5. **Don't overtrade choppy action** - multiple crosses = stay out
---
Happy Trading! 🟢🔴
Bull Flag & Flat Top Breakout DetectorBull Flag & Flat Top Detector - Quick Reference Guide
Pattern Overview
🚩 Bull Flag
╱╲
╱ ╲ ← Pullback (2-5 red candles)
╱ ╲
╱ ╲____
╱ ╲
│ │
│ THE POLE │ ← Strong upward move (3+ green candles)
│ │
└──────────────┘
What to look for:
Strong initial move (the "pole") - 3+ green candles, 3%+ move
Brief pullback - 2-5 candles, less than 50% retracement
Pullback should "drift" lower, not crash
Entry on first candle to make new high after pullback
📊 Flat Top Breakout
════════════════ ← Resistance (multiple touches)
↑ ↑ ↑
╱╲ ╱╲ ╱╲
╱ ╲╱ ╲╱ ╲ ← Consolidation
╱ ╲
╱ ╲
What to look for:
Multiple touches of same resistance level (2+)
Tight consolidation range
Each failed breakout builds pressure
Entry on convincing break above resistance with volume
Signal Types
SignalShapeColorMeaningBull Flag Breakout▲ TriangleLimeEntry signal - go longFlat Top Breakout◆ DiamondAquaEntry signal - go longBear Flag Breakout▼ TriangleRedShort entry (if enabled)Pattern Forming🚩 FlagFaded GreenBull flag developingPattern Forming■ SquareFaded BlueFlat top developing
Level Lines Explained
LineColorStyleMeaningEntryLimeSolidBreakout trigger priceStop LossRedDashedExit if price falls hereTarget 1AquaDottedFirst profit target (2R)Target 2YellowDottedSecond profit target (3R)
Info Table Reference
FieldWhat It ShowsBull FlagScanning / Forming 🚩 / Breakout ✓Flat TopScanning / Forming 📊 / Breakout ✓PullbackCandle count + retracement %Rel VolumeCurrent bar vs averageEMA 20Above ✓ or Below ✗VWAPAbove ✓ or Below ✗Green StreakConsecutive green candles (pole)ResistanceTouch count for flat top
Trading Checklist
Before Entry ✅
Pattern status shows "FORMING" or "BREAKOUT"
Price above EMA (table shows ✓)
Price above VWAP (table shows ✓)
Relative volume 1.5x+ (ideally 2x+)
Stock is in play (up 5%+ on day, has catalyst)
Market direction supportive (not fighting trend)
Entry Execution
Wait for breakout candle to form
Confirm volume spike on breakout
Enter as close to entry line as possible
Set stop loss at red dashed line
Know your target levels
Trade Management
If no immediate follow-through → consider exit ("breakout or bailout")
Take 50% off at Target 1
Move stop to breakeven
Let remainder run toward Target 2
Exit fully if price returns below entry
Bull Flag Quality Checklist
Pole Quality:
FactorIdealAcceptableAvoidGreen candles5+3-4Less than 3Move size10%+3-10%Less than 3%VolumeIncreasingSteadyDecliningCandle bodiesLargeMediumSmall/doji
Pullback Quality:
FactorIdealAcceptableAvoidCandle count2-34-56+RetracementUnder 38%38-50%Over 50%VolumeDecliningSteadyIncreasingCharacterOrderly driftChoppySharp drop
Flat Top Quality Checklist
FactorGood SetupWeak SetupTouches3+ at same levelOnly 2, widely spacedToleranceVery tight (0.2%)Loose (1%+)Duration5-15 barsToo short or too longVolumeDrying upErraticPrior trendUpSideways/down
Common Mistakes to Avoid
❌ Entering too early
Wait for actual breakout, not anticipation
"Forming" ≠ "Breakout"
❌ Ignoring volume
No volume = likely false breakout
Require 1.5x+ relative volume minimum
❌ Fighting the trend
Check EMA and VWAP status
Both should be ✓ for high probability
❌ Wide stops
Stop should be below pullback low
If stop is too wide, skip the trade
❌ Holding losers
"Breakout or bailout" - if it doesn't work, exit
Failed breakouts often reverse hard
❌ Chasing extended moves
If you missed entry, wait for next pattern
Don't chase 5+ candles after breakout
Risk Management Rules
Position Sizing
Risk Amount = Account × Risk % (typically 1-2%)
Position Size = Risk Amount ÷ (Entry - Stop)
Example:
Account: $25,000
Risk: 1% = $250
Entry: $5.00
Stop: $4.70
Risk per share: $0.30
Position Size: $250 ÷ $0.30 = 833 shares
Risk-Reward Targets
TargetR MultipleExample (risk $0.30)Target 12:1+$0.60 ($5.60)Target 23:1+$0.90 ($5.90)
Timeframe Guide
TimeframeProsConsBest For1-minMore patterns, precise entryNoisy, false signalsScalping5-minGood balance, cleaner patternsFewer signalsDay trading15-minHigh quality patternsMiss fast movesSwing entries
Settings Quick Reference
Default Settings (Balanced)
Pole: 3 candles, 3% move
Pullback: 2-5 candles, 50% max retrace
Volume: 1.5x required
Filters: EMA + VWAP ON
Aggressive Settings
Pole: 2 candles, 2% move
Pullback: 2-6 candles, 60% max retrace
Volume: 1.2x required
Filters: VWAP OFF
Conservative Settings
Pole: 4 candles, 5% move
Pullback: 2-4 candles, 40% max retrace
Volume: 2.0x required
Filters: Both ON
Alert Setup
Recommended Alerts
"Bull Flag Forming"
Get early warning as pattern develops
Prepare your position size and levels
"Bull Flag Breakout"
Primary entry alert
React quickly when triggered
"Any Bullish Breakout"
Catch both bull flags and flat tops
Good for watchlist scanning
Alert Setup Steps
Right-click chart → Add Alert
Condition: Select "Bull Flag & Flat Top Breakout Detector"
Choose alert type from dropdown
Set expiration and notification method
Troubleshooting
Q: Patterns not detecting?
Lower the Min Pole Move % setting
Reduce Min Pole Candles requirement
Check that price is in acceptable range
Q: Too many false signals?
Increase volume multiplier to 2.0x
Enable both EMA and VWAP filters
Increase Min Pole Move %
Q: Levels not showing?
Enable "Show Entry Line", "Show Stop Loss", "Show Targets"
Check "Max Patterns to Display" setting
Q: Info table not visible?
Enable "Show Info Table" in settings
Try different table position
Pattern Combinations
Best Setups (A+ Quality)
Bull flag on a gap day (Gap & Go → Bull Flag)
Flat top at pre-market high resistance
Pattern forming above VWAP with 5x+ volume
Avoid These
Bull flag below VWAP
Flat top in downtrending stock
Low volume patterns
Patterns late in the day (after 2pm)
Daily Routine
Pre-Market (7-9am)
Build watchlist of gappers (5%+, high volume)
Apply indicator to top 3-5 candidates
Note pre-market levels
Market Open (9:30-10:30am)
Watch for "FORMING" status on watchlist
Prepare entries as patterns develop
Execute on breakout signals
Manage trades according to plan
Midday (10:30am-2pm)
Look for second-wave patterns
Be more selective (less momentum)
Consider tighter stops
Close (2-4pm)
Generally avoid new patterns
Manage existing positions
Review day's trades
Gap & Go Day Trading Tool - Key Levels, Alerts & Setup GradingVisualizes Gap & Go setups with automatic gap detection, pre-market levels, and breakout signals. Shows: ✅ Gap % with quality rating (5%/10%/20%+) ✅ Pre-market high/low ✅ First candle range ✅ 50% gap fill target ✅ VWAP ✅ Relative volume. Includes setup grading system (A+ to C), entry signals on PM high breakouts, and 6 customizable alerts. Perfect for momentum day traders focusing on gapping stocks.
Full Description
█ OVERVIEW
The Gap & Go indicator automatically identifies and visualizes gap trading setups - one of the most popular momentum day trading strategies. When a stock gaps up significantly from the prior close, it often signals strong buying interest and potential for continuation moves.
This indicator displays all the key levels you need to trade gaps effectively, grades setup quality, and alerts you to breakout opportunities.
█ HOW IT WORKS
The indicator calculates the gap percentage between yesterday's close and today's open, then displays critical support/resistance levels that gap traders watch:
Gap Zone → The price range between prior close and gap open
Pre-Market High/Low → Key breakout and support levels from extended hours
First Candle Range → Opening range that often defines intraday direction
50% Gap Fill → Common retracement target and support level
VWAP → Institutional reference point
█ GAP CLASSIFICATION
Gaps are automatically classified by magnitude:
🔥 Qualifying Gap (5%+) → Meets minimum threshold for gap trading
🔥🔥 Strong Gap (10%+) → Ideal gap size for momentum plays
🔥🔥🔥 Monster Gap (20%+) → Exceptional move requiring extra attention
Background color changes based on gap quality for instant visual identification.
█ SETUP GRADING SYSTEM
The indicator grades each setup from A+ to C based on multiple factors:
- Gap magnitude (qualifying vs strong)
- Relative volume (2x+ vs 5x+ average)
- Price position relative to VWAP
A+ Setup (4-5 points) → High probability
A Setup (3 points) → Good setup
B Setup (2 points) → Moderate
C Setup (0-1 points) → Weak/avoid
█ ENTRY SIGNALS
Triangle signals appear when price breaks above key levels:
▲ Lime Triangle → Breaking above Pre-Market High
▲ Aqua Triangle → Breaking above First Candle High
Signals require volume confirmation by default (configurable).
█ KEY LEVELS DISPLAYED
- Prior Close (Orange) → Gap reference point
- Pre-Market High (Lime) → Primary breakout level
- Pre-Market Low (Red) → Support if gap fails
- First Candle Range (Aqua box) → Opening range breakout levels
- 50% Gap Fill (Yellow dotted) → Common support/target
- VWAP (Purple) → Institutional pivot
█ INFO TABLE
Real-time dashboard showing:
- Gap % with quality emoji
- Relative Volume with status
- All key price levels
- Breakout status (✓ if broken)
- Distance from PM High
- Setup Grade
█ ALERTS INCLUDED
6 customizable alerts:
1. Qualifying Gap Detected (5%+)
2. Strong Gap Detected (10%+)
3. Monster Gap Detected (20%+)
4. Pre-Market High Breakout
5. First Candle High Breakout
6. 50% Gap Fill Test
7. Full Gap Fill (setup invalidated)
█ SETTINGS
Gap Settings
- Minimum gap % threshold
- Strong gap % threshold
- Monster gap % threshold
Volume Settings
- Enable/disable relative volume filter
- Minimum RVol requirement
- Strong RVol threshold
- RVol calculation period
Level Settings
- Toggle each level type on/off
- Show/hide gap zone
- Show/hide VWAP
Signal Settings
- Breakout signal type (PM High, First Candle, Both)
- Volume confirmation requirement
Visual Settings
- Info table position
- Color customization for all levels
█ HOW TO USE
1. Scan for gapping stocks pre-market (use a scanner or watchlist)
2. Apply this indicator to candidates
3. Check the Setup Grade in the info table
4. Wait for price to consolidate near pre-market high
5. Enter on breakout above PM High with volume confirmation
6. Use 50% gap fill or PM Low as stop loss reference
7. Monitor VWAP - staying above is bullish
█ BEST PRACTICES
✓ Focus on A and A+ setups
✓ Require strong relative volume (5x+)
✓ Trade in the direction of the gap (long for gap ups)
✓ Watch for gap fill as potential support
✓ Be cautious if price falls below VWAP
✓ First 30-60 minutes typically have best momentum
█ TIMEFRAME RECOMMENDATIONS
- 1-minute: Scalping, precise entries
- 5-minute: Most common for gap trading (recommended)
- 15-minute: Swing entries, less noise
█ NOTES
- Pre-market levels require extended hours data enabled
- First candle range is based on the first regular market candle
- Works on stocks, ETFs, and futures
- Gaps down are detected but focus is on gap-up setups
█ DISCLAIMER
This indicator is for educational purposes only. Gap trading involves significant risk. Past performance does not guarantee future results. Always use proper risk management and never risk more than you can afford to lose.
Orderbook Table1. Indicator Name
Orderbook Table
This is an order book style trading volume map
that upgraded the price from my first script to label
2. One-line Introduction
A visual heatmap-style orderbook simulator that displays volume and delta clustering across price levels.
3. Overall Description
Orderbook Table is a powerful visual tool designed to replicate an on-chart approximation of a traditional order book.
It scans historical candles within a specified lookback window and accumulates traded volume into price "bins" or levels.
Each level is color-coded based on total volume and directional bias (delta), offering a layered view of where market interest was concentrated.
The indicator approximates order flow by analyzing each candle's directional volume, separating bullish and bearish volume.
With adjustable parameters such as level depth, price bin density, delta sensitivity, and opacity, it provides a highly customizable visualization.
Displayed directly on the chart, each level shows the volume at that price zone, along with a price label, offset to the right of the current bar.
Traders can use this tool to detect high liquidity zones, support/resistance clusters, and volume imbalances that may precede future price movements.
4. Key Benefits (Title + Description)
✅ On-Chart Volume Heatmap
Shows volume distribution across price levels in real-time directly on the price chart, creating a live “orderbook” view.
✅ Delta-Based Bias Coloring
Color changes based on net buying/selling pressure (delta), making aggressive demand/supply zones easy to spot.
✅ High Customizability
Users can adjust lookback bars, price bins, opacity levels, and delta usage to fit any market condition or asset class.
✅ Lightweight Simulation
Approximates orderbook depth using candle data without needing L2 feed access—works on all assets and timeframes.
✅ Clear Visual Anchoring
Volume quantities and price levels are offset to the right for easy viewing without cluttering the active chart area.
✅ Fast Market Context Recognition
Quickly identify price levels where volume concentrated historically, improving decision-making for entries/exits.
5. Indicator User Guide
📌 Basic Concept
Orderbook Table analyzes a configurable number of past bars and distributes traded volume into price "bins."
Each bin shows how much volume occurred around that price level, optionally adjusted for bullish/bearish candle direction.
⚙️ Settings Overview
Lookback Bars: Number of candles to scan for volume history
Levels (Total): Number of price levels to display around the current price
Price Bins: Granularity of price segmentation for volume distribution
Shift Right: How far to offset labels to the right of the current bar
Max/Min Opacity: Controls visual strength of volume coloring
Use Candle Delta Approx.: If enabled, colors the volume based on candle direction (green for up, red for down)
📈 Example Timing
Look for green clusters (bullish bias) below current price → possible strong demand zones
Price enters a high-volume level with previously aggressive buyers (green), suggesting support
📉 Example Timing
Red clusters (bearish bias) above current price can act as resistance or supply zones
Price stalling at a red-heavy volume band may indicate exhaustion or reversal opportunity
🧪 Recommended Use
Use as a support/resistance mapping tool in ranging and trending markets
Pair with candlestick analysis or momentum indicators for refined entry/exit points
Combine with VWAP or volume profile for multi-dimensional volume insight
🔒 Cautions
This is an approximation, not a true L2 orderbook—volume is based on historical candles, not actual limit order data
In low-volume markets or higher timeframes, bin granularity may be too coarse—adjust "Price Bins" accordingly
Delta calculation is based on open-close direction and does not reflect true buy/sell volume splits
Avoid overinterpreting low-opacity (light color) zones—they may indicate low interest rather than true resistance/support
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Filter Volume1. Indicator Name
Filter Volume
2. One-line Introduction
A regression-based trend filter that quantifies and visualizes market direction and strength using price behavior.
3. Overall Description
Filter Volume+ is a trend-detection indicator that uses linear regression to evaluate the dominant direction of price movement over a given period.
It compares historical regression values to determine whether the market is in a bullish, bearish, or neutral state.
The indicator applies a percentage threshold to filter out weak or indecisive trends, highlighting only significant movements.
Each trend state is visualized through distinct colors: bullish (greenish), bearish (reddish), and neutral (gray), with intensity reflecting trend strength.
To reduce noise and create smooth visual signals, a three-step smoothing process is applied to the raw trend intensity.
Users can customize the regression source, lookback period, and sensitivity, allowing the indicator to adapt to various assets and timeframes.
This tool is especially useful in filtering entry signals based on clear directional bias, making it suitable for trend-following or confirmation strategies.
4. Key Benefits (Title + Description)
✅ Quantified Trend Strength
Only displays trend signals when a statistically significant direction is detected using linear regression comparisons.
✅ Visual Clarity with Color Coding
Each market state (bullish, bearish, neutral) is represented with distinct colors and transparency, enabling fast interpretation.
✅ Custom Regression Source
Users can define the data input (e.g., close, open, indicator output) for regression calculation, increasing strategic flexibility.
✅ Multi-Level Smoothing
Applies three layers of smoothing (via moving averages) to eliminate noise and produce a stable, flowing trend curve.
✅ Area Fill Visualization
Plots a colored band between the trend value and zero-line, helping users quickly gauge the market's dominant force.
✅ Adjustable Sensitivity Settings
Includes tolerance and lookback controls, allowing traders to fine-tune how reactive or conservative the trend detection should be.
5. Indicator User Guide
📌 Basic Concept
Filter Volume+ assesses the direction of price by comparing regression values over a selected period.
If the percentage of upward comparisons exceeds a threshold, a bullish state is shown; if downward comparisons dominate, it shows a bearish state.
⚙️ Settings Overview
Lookback Period (n): The number of bars to compare for trend analysis
Range Tolerance (%): Minimum threshold for declaring a strong trend
Regression Source: The data used for regression (e.g., close, open)
Linear Regression Length: Number of bars used to compute each regression value
Bull/Bear Color: Custom colors for bullish and bearish trends
📈 Example Timing
When the trend line stays above zero and the green color intensity increases → trend gaining strength
After a neutral phase (gray), the color shifts quickly to greenish → early trend reversal
📉 Example Timing
When the trend line stays below zero with deepening red color → strong bearish continuation
Sudden change from bullish to bearish color with rising intensity
🧪 Recommended Use
Use as a trend confirmation filter alongside entry/exit strategies
Ideal for swing or position trades in trending markets
Combine with oscillators like RSI or MACD for improved signal validation
🔒 Cautions
In ranging (sideways) markets, the color may change frequently – avoid relying solely on this indicator in those zones.
Low-intensity colors (faded) suggest weak trends – better to stay on the sidelines.
A short lookback period may cause over-sensitivity and false signals.
When using non-price regression sources, expect the indicator to behave differently – test before deploying.
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RSI Rate of Change (ROC of RSI)The RSI Rate of Change (ROC of RSI) indicator measures the speed and momentum of changes in the RSI, helping traders identify early trend shifts, strength of price moves, and potential reversals before they appear on the standard RSI.
While RSI shows overbought and oversold conditions, the ROC of RSI reveals how fast RSI itself is rising or falling, offering a deeper view of market momentum.
How the Indicator Works
1. RSI Calculation
The indicator first calculates the classic Relative Strength Index (RSI) using the selected length (default 14). This measures the strength of recent price movements.
2. Rate of Change (ROC) of RSI
Next, it computes the Rate of Change (ROC) of the RSI over a user-defined period.
This shows:
Positive ROC → RSI increasing quickly → strong bullish momentum
Negative ROC → RSI decreasing quickly → strong bearish momentum
ROC crossing above/below 0 → potential early trend shift
What You See on the Chart
Blue Line: RSI
Red Line: ROC of RSI
Grey dotted Zero Line: Momentum reference
Why Traders Use It
The RSI ROC helps you:
Detect momentum reversals early
Spot bullish and bearish accelerations not visible on RSI alone
Identify exhaustion points before RSI reaches extremes
Improve entry/exit precision in trend and swing trading
Validate price breakouts or breakdowns with momentum confirmation
Best For
Swing traders
Momentum traders
Reversal traders
Trend-following systems needing early confirmation signals
Hardwaybets' Protected Highs / Protected Lows TradingProtected Highs & Lows – Multi-Condition Structural Marker
This indicator identifies specific candle formations where price breaks a previous candle’s high or low, fails to maintain that break, and confirms the rejection with an additional condition involving prior candles. These marked locations offer a visual reference for areas where price attempted directional expansion but did not sustain it. All levels remain visible until later invalidated by price movement.
Protected High – Detection Logic
A Protected High is marked only when all three of the following conditions occur:
1. Break of Previous High
The current candle trades above the prior candle’s high.
2. Close Back Inside Range
The current candle closes within the high-to-low range of the previous candle, indicating the upward expansion was not sustained.
3. Reversal Through Prior Bullish Structure
After forming the high, price closes below the opening price of one or more bullish candles that were part of the upward movement into that high.
This reflects a shift away from the prior upward structure.
When all three conditions are met, the high of the candle that created the event is marked on the chart.
Protected Low – Detection Logic
A Protected Low is marked only when all three of the following conditions occur:
1. Break of Previous Low
The current candle trades below the prior candle’s low.
2. Close Back Inside Range
The current candle closes within the high-to-low range of the previous candle, indicating the downward expansion was not sustained.
3. Reversal Through Prior Bearish Structure
After forming the low, price closes above the opening price of one or more bearish candles that were part of the downward movement into that low.
This reflects a shift away from the prior downward structure.
When all three conditions are met, the low of the candle that created the event is marked on the chart.
Level Management
* Marked highs and lows remain active as long as price does not trade beyond them.
* If price moves past a marked level, that level is removed.
* Only active, unviolated structural reference points remain displayed.
Market Structure Context (Strictly Non-Signaling)
Protected highs and lows can help traders observe areas where:
* Price briefly exceeded a previous high or low
* That expansion was not maintained
* Price then moved back through recent candles associated with the prior direction
These observations can be used by traders to understand how price interacts with nearby structural reference points.
The indicator itself does not provide trade entries, exits, or directional guidance.
Customization Options
The indicator provides adjustable settings for:
* Marker style (labels or shapes)
* Shape type (circle, square, diamond, etc.)
* Colors for highs and lows
* Vertical spacing between markers and candles
These options help maintain clarity on different chart types and timeframes.
Intended Use
The indicator does not generate forecasts or trading signals.
Its purpose is to visually highlight multi-condition candle formations where price briefly exceeded a prior high or low, failed to sustain that expansion, and later reversed through nearby structural points.
Compatibility
Suitable for all assets and timeframes.
AP Capital – Volatility + High/Low Projection v1.1📌 AP Capital – Volatility + High/Low Projection v1.1
Predictive Daily Volatility • Session Logic • High/Low Projection Indicator
This indicator is designed to help traders visually understand daily volatility conditions, identify session-based turning points, and anticipate potential highs and lows of the day using statistical behavior observed across thousands of bars of intraday data.
It combines intraday session structure, volatility regime classification, and context from the previous day’s expansion to highlight high-probability areas where the market may set its daily high or daily low.
🔍 What This Indicator Does
1. Volatility Regime Detection
Each day is classified into:
🔴 High Volatility (trend continuation & expansion likely)
🟡 Normal Volatility
🔵 Low Volatility (chop, false breaks, mean-reversion common)
The background color automatically adapts so you always know what environment you're trading in.
2. Session-Based High/Low Identification
Different global sessions tend to create different market behaviors:
Asia session frequently sets the LOW of day
New York & Late US sessions frequently set the HIGH of day
This indicator uses those probabilities to highlight potential turning points.
3. Potential High / Low of Day Projections
The script plots:
🟢 Potential LOW of Day
🔴 Potential HIGH of Day
These appear only when:
Price hits the session-statistical turning zone
Volatility conditions match
Yesterday’s expansion or compression context agrees
This keeps signals clean and prevents over-marking.
4. Clean Visuals
Instead of cluttering the chart, highs and lows are marked only when conditions align, making this tool ideal for:
Session scalpers
Day traders
Gold / NAS100 / FX intraday traders
High-probability reversal traders
🧠 How It Works
The engine combines:
Daily range vs 20-day average
Real-time intraday high/low formation
Session-specific probability weighting
Previous day expansion and volatility filters
This results in highly reliable signals for:
Fade trades
Reversal setups
Timing entries more accurately
✔️ Best Uses
Identifying where the day’s range is likely to complete
Avoiding trades during low-volatility compression days
Detecting where the market is likely to turn during major sessions
Using potential HIGH/LOW levels as take-profit zones
Enhancing breakout or reversal strategies
⚠️ Disclaimer
This indicator does not repaint, but it is not a standalone entry tool.
It is designed to provide context, session awareness, and volatility-driven turning points to assist your existing strategy.
Always combine with sound risk management.
MarketSurge EPS Line [tradeviZion]MarketSurge EPS Line
EPS trend line overlay for TradingView charts, inspired by the IBD MarketSurge (formerly MarketSmith) EPS line style.
Comparison: Left side shows IBD MarketSurge EPS line as reference. Right side shows this TradingView script producing similar output with interactive tooltips. The left side image is for reference only to demonstrate similarity - it is not part of the TradingView script.
Features:
Displays EPS trend line on price charts
Uses 4-quarter earnings moving average
Shows earnings momentum over time
Works with actual, estimated, or standardized earnings data
Customizable line color and width
Interactive tooltips with detailed earnings information
Custom symbol analysis support
How to Use:
Add script to chart
EPS line appears automatically
Adjust color and width in settings if needed
Hover over line for earnings details
Settings Explained:
Display Settings:
Show EPS Line: Toggle to show or hide the EPS trend line
EPS Line Color: Choose the color for the EPS trend line and labels
EPS Line Width: Adjust the thickness of the EPS trend line (1-5 pixels)
Symbol Settings:
By default, the indicator analyzes the EPS data for the symbol currently displayed on your chart. The Custom Symbol feature allows you to:
Analyze EPS data for a different symbol without changing your chart
Compare earnings trends of related stocks or competitors
View EPS data for one symbol while analyzing price action of another
To use Custom Symbol:
Enable "Use Custom Symbol" checkbox
Click on "Custom Symbol" field to open TradingView's symbol picker
Search and select the symbol you want to analyze
The indicator will fetch and display EPS data for the selected symbol
Note: The chart will still show price action for your current symbol, but the EPS line will reflect the custom symbol's earnings data.
Data Settings:
EPS Field: Choose which earnings data source to use:
Actual Earnings: Reported earnings from company financial statements (default). Use this to analyze historical performance based on what companies actually reported.
Estimated Earnings: Analyst consensus forecasts for future quarters. Use this to see what analysts expect and compare expectations with actual results.
Standardized Earnings: Earnings adjusted for comparability across companies. Use this when comparing multiple stocks as it normalizes accounting differences.
Display Scale:
For the indicator to display correctly on the existing chart, it uses its own axis (right scale) by default. However, you can change this, but the view will not look the same. The right scale is recommended for optimal visibility as it allows the EPS line to be clearly visible alongside price action without compression.
Example: EPS line on separate right scale (recommended) - hover over labels to view detailed earnings tooltips
Example: EPS line pinned to Scale A (not recommended - appears as straight line due to small EPS range compared to price)
Example: EPS line displayed in separate pane below price chart
Methodology Credits:
This indicator implements the EPS line visualization methodology developed by Investor's Business Daily (IBD) for their MarketSurge platform (formerly known as MarketSmith). The EPS line concept helps visualize earnings momentum alongside price action, providing a fundamental overlay for technical analysis.
Technical Details:
Designed for daily, weekly, and monthly timeframes
Minimum 4 quarters of earnings data required
Uses TradingView's built-in earnings data
Automatically handles missing or invalid data
This indicator helps you visualize earnings trends alongside price action, providing a fundamental overlay for your technical analysis.
LiquidityThe liquidity swings indicator highlights swing areas with existent trading activity. The number of times price revisited a swing area is highlighted by a zone delimiting the swing areas. Additionally, the accumulated volume within swing areas is highlighted by labels on the chart. An option to filter out swing areas with volume/counts not reaching a user-set threshold is also included.
This indicator by its very nature is not real-time and is meant for descriptive analysis alongside other components of the script. This is normal behavior for scripts detecting pivots as a part of a system and it is important you are aware the pivot labels are not designed to be traded in real-time themselves.
🔶 USAGE
The indicator can be used to highlight significant swing areas, these can be accumulation/distribution zones on lower timeframes and might play a role as future support or resistance.
Swing levels are also highlighted, when a swing level is broken it is displayed as a dashed line. A broken swing high is a bullish indication, while a broken swing low is a bearish indication.
Filtering swing areas by volume allows to only show significant swing areas with an higher degree of liquidity. These swing areas can be wider, highlighting higher volatility, or might have been visited by the price more frequently.
🔶 SETTINGS
Pivot Lookback : Lookback period used for the calculation of pivot points.
Swing Area : Determine how the swing area is calculated, "Wick Extremity" will use the range from price high to the maximum between price close/open in case of a swing high, and the range from price low to the minimum between price close/open in case of a swing low. "Full Range" will use the full candle range as swing area.
Intrabar Precision : Use intrabar data to calculate the accumulated volume within a swing area, this allows obtaining more precise results.
Filter Areas By : Determine how swing areas are filtered out, "Count" will filter out swing areas where price visited the area a number of time inferior to the user set threshold. "Volume" will filter out swing areas where the accumulated volume within the area is inferior to the user set threshold.
🔹 Style
Swing High : Show swing highs.
Swing Low : Show swing lows.
Label Size : Size of the labels on the chart.
Wyckoff Accumulation/Distribution - Enhanced by ChakraWyckoff Accumulation/Distribution - Enhanced Indicator
Overview
An advanced Pine Script v6 indicator that detects Wyckoff accumulation and distribution patterns using RSI-based trend analysis, pivot detection, and volume confirmation. This enhanced version improves upon traditional Wyckoff indicators with cleaner code, English variable names, and additional market structure signals.
Key Features
Wyckoff Phase Detection
Accumulation Phase:
SC (Selling Climax): Bottom pivot with extreme bearish RSI and high volume
AR (Automatic Rally): First bounce after selling climax
ST (Secondary Test): Retest of lows without extreme RSI
SOS (Sign of Strength): Strong bullish breakout with volume confirmation ⭐ NEW
Distribution Phase:
BC (Buying Climax): Top pivot with extreme bullish RSI and high volume
DAR (Automatic Reaction): First drop after buying climax
DST (Distribution Secondary Test): Retest of highs
SOW (Sign of Weakness): Strong bearish breakdown with volume confirmation ⭐ NEW
Market Structure Events
Spring: False breakdown (RSI crosses above lower band) with background highlight
UTAD (Upthrust After Distribution): False breakout (RSI crosses below upper band) with background highlight
Visual Features
Range Boxes: Automatically draws consolidation ranges (gray) that change color on breakout:
🟢 Green = Accumulation (bullish breakout)
🔴 Red = Distribution (bearish breakout)
Pivot Markers: Orange triangles show regular (non-Wyckoff) pivot points
Bar Coloring: Lime bars for bullish trends, purple bars for bearish trends
Color-Coded Labels: All Wyckoff events clearly marked with descriptive text
Customizable Settings
RSI Settings:
RSI Length (default: 14)
Trend Sensitivity (default: 20) - Higher values = more sideways detection
Pivot Settings:
Pivot Length (default: 5) - Controls pivot point detection sensitivity
Display Options:
Toggle range boxes on/off
Toggle regular pivot markers
Toggle bar coloring by trend
Customize label text color
Advanced Detection:
Volume Confirmation toggle - Require high volume for climax events
Volume Threshold (default: 1.5x) - Adjustable volume multiplier
Alerts
8 comprehensive alert conditions:
Selling Climax (SC)
Buying Climax (BC)
Spring detection
UTAD detection
Sign of Strength (SOS)
Sign of Weakness (SOW)
Range Breakout
Improvements Over Original
✅ Pine Script v6 (latest version)
✅ English variable names (was Turkish)
✅ Fixed DAR label bug (was showing "AR")
✅ Added SOS (Sign of Strength) detection
✅ Added SOW (Sign of Weakness) detection
✅ Optional volume confirmation toggle
✅ Organized input groups for better UX
✅ Enhanced visual options
✅ Comprehensive alert system
✅ Cleaner, more maintainable code structure
Best Use Cases
Timeframes: Works on all timeframes; best on 4H, Daily, or Weekly
Markets: Stocks, Forex, Crypto, Indices
Trading Style: Swing trading, position trading, market structure analysis
Combine With: Support/Resistance, Volume Profile, Order Flow analysis
How It Works
The indicator uses RSI to identify market states (sideways, bullish, bearish) and combines this with pivot point detection and volume analysis to identify key Wyckoff events. When price is ranging (RSI between upper/lower bands), it draws a box. On breakout, the box color changes to indicate accumulation or distribution, helping traders identify smart money positioning.
Tips for Use
Lower Trend Sensitivity (10-15) for more signals in trending markets
Higher Trend Sensitivity (25-30) for clearer signals in choppy markets
Enable Volume Confirmation in high-volume markets (stocks, major crypto)
Disable Volume Confirmation in low-volume or forex markets
Watch for Spring/UTAD events within boxes for potential reversals
Version: 1.0
Pine Script: v6
Author: Chakrapani Chittabathina
Market Energy & Direction DashboardMarket Energy & Direction Dashboard - Daytrading
Overview
A comprehensive real-time market internals dashboard that combines NYSE TICK, NYSE Advance-Decline (ADD) momentum, VIX direction, and relative volume into a single visual traffic light system with intelligent signal synthesis. Designed for active daytraders who need instant confirmation of market direction and energy based on momentum alignment across all major internals.
What It Does
This indicator synthesizes multiple market internals using directional momentum analysis rather than static thresholds to provide clear, actionable signals:
• Traffic Light System: Single glance confirmation of market state
o Bright Green: Maximum bullish - all internals aligned (TICK + ADD rising + VIX falling + volume)
o Bright Red: Maximum bearish - all internals aligned (TICK + ADD falling + VIX rising + volume)
o Yellow: Exhaustion warning - TICK at extremes, potential reversal imminent
o Moderate Colors: Partial alignment - some confirmation but not complete
o Gray: Choppy, neutral, or conflicting signals
• Real-Time Dashboard displays:
o Current TICK value with exhaustion warnings
o Current ADD with directional momentum indicator (↑ rising = breadth improving, ↓ falling = breadth deteriorating, ± compression)
o VIX level with directional indicator (↓ declining = bullish, ↑ rising = bearish, ± compression = neutral)
o Relative volume (current vs 20-period average)
o Composite status message synthesizing all data into clear directional summary
Key Features
✓ Momentum-based analysis - all indicators show direction/change, not just levels ✓ Intelligent signal hierarchy from "Maximum" to "Moderate" based on internal alignment ✓ ADD directional momentum - catches breadth shifts early, works in all market conditions ✓ VIX directional analysis - shows if fear is increasing, decreasing, or stagnant ✓ Color-coded traffic light for instant decision making ✓ Detects TICK/ADD divergences (conflicting signals = caution) ✓ Exhaustion warnings at extreme TICK levels (±1000+) ✓ Composite status messages - "Maximum Bull", "Strong Bull", "Moderate Bull", etc. ✓ Customizable thresholds for all parameters ✓ Moveable dashboard (9 position options) ✓ Built-in alerts for all signal strengths, exhaustion, and divergences
How To Use
Setup:
1. Add indicator to your main trading chart (SPY, ES, NQ, etc.)
2. Default settings work well for most traders, but you can customize:
o TICK Extreme Level (default 1000)
o ADD Compression Threshold (default 100 - detects when breadth is stagnant)
o VIX Elevated Level (default 20)
o VIX Compression Threshold (default 2% - detects low volatility)
o Volume Threshold (default 1.5x average)
3. Position dashboard wherever convenient on your chart
Reading The Signals:
Signal Hierarchy (Strongest to Weakest):
MAXIMUM SIGNALS ⭐ (Brightest colors - All 4 internals aligned)
• "✓ MAXIMUM BULL": TICK bullish + ADD rising (↑) + VIX falling (↓) + Volume elevated
o This is the holy grail setup - all momentum aligned, highest conviction longs
• "✓ MAXIMUM BEAR": TICK bearish + ADD falling (↓) + VIX rising (↑) + Volume elevated
o Perfect storm bearish - all momentum aligned, highest conviction shorts
STRONG SIGNALS (Bright colors - Core internals aligned)
• "✓ STRONG BULL": TICK bullish + ADD rising (↑)
o Strong confirmation even without VIX/volume - breadth supporting the move
• "✓ STRONG BEAR": TICK bearish + ADD falling (↓)
o Strong confirmation - both momentum and breadth deteriorating
MODERATE SIGNALS (Faded colors - Partial confirmation)
• "MODERATE BULL": TICK bullish but ADD not confirming direction
o Proceed with caution - momentum present but breadth questionable
• "MODERATE BEAR": TICK bearish but ADD not confirming direction
o Proceed with caution - selling but breadth not fully participating
WARNING SIGNALS
• "⚠ EXHAUSTION" (Yellow): TICK at ±1000+ extremes
o Potential reversal zone - prepare to fade or take profits
o Often marks blow-off tops or capitulation bottoms
NEUTRAL/AVOID
• "CHOPPY/NEUTRAL" (Gray): Conflicting signals or low conviction
o Stay out or reduce size significantly
Individual Indicator Interpretation:
TICK:
• Green: Bullish momentum (>+300)
• Red: Bearish momentum (<-300)
• Yellow: Exhaustion (±1000+)
• Gray: Neutral
ADD (Advance-Decline):
• Green (↑): Breadth improving - more stocks participating in the move
• Red (↓): Breadth deteriorating - fewer stocks participating
• Gray (±): Breadth stagnant - no clear participation trend
VIX:
• Green (↓): Fear declining - healthy environment for rallies
• Red (↑): Fear rising - risk-off mode, supports downward moves
• Gray (±): Volatility compression - often precedes explosive moves
Volume:
• Green: High conviction (>1.5x average)
• Gray: Low conviction
Trading Strategy:
1. Wait for "MAXIMUM" or "STRONG" signals for highest probability entries
o Maximum signals = go full size with confidence
o Strong signals = good conviction, normal position sizing
2. Confirm directional alignment:
o For longs: Want ADD ↑ (rising) and VIX ↓ (falling)
o For shorts: Want ADD ↓ (falling) and VIX ↑ (rising)
3. Use exhaustion warnings (yellow) to:
o Take profits on existing positions
o Prepare counter-trend entries
o Tighten stops
4. Avoid "MODERATE" signals unless you have strong conviction from other analysis
o These work best as confirmation for existing setups
o Not strong enough to initiate new positions alone
5. Never trade "CHOPPY/NEUTRAL" signals
o Gray means stay out - preserve capital
o Wait for clear alignment
6. Watch for divergences:
o Price making new highs but ADD ↓ (falling) = distribution warning
o Price making new lows but ADD ↑ (rising) = potential bottom
o Divergence alert will notify you
Best Practices:
• Use on 1-5 minute charts for daytrading
• Combine with your price action or technical setup (support/resistance, trendlines, patterns)
• The dashboard confirms when to take your setup, not what setup to take
• Most effective during regular market hours (9:30 AM - 4:00 PM ET) when volume is present
• The strongest edge comes from "MAXIMUM" signals - wait for these for best risk/reward
• Pay special attention to ADD direction - it's the most predictive breadth indicator
• VIX compression (gray ±) often signals upcoming volatility expansion - prepare for bigger moves
Customization Option
All thresholds are adjustable in settings:
• TICK Extreme: Higher = fewer exhaustion warnings (try 1200-1500 for less sensitivity)
• ADD Compression Threshold: Change detection sensitivity
o Default 100 = balanced
o Lower (50) = more sensitive to small breadth changes
o Higher (200-300) = only shows major breadth shifts
• VIX Elevated: Adjust for current volatility regime (15-25 typical range)
• VIX Compression Threshold:
o Default 2% = balanced
o Lower (0.5-1%) = catches subtle VIX changes
o Higher (3-5%) = only shows significant VIX moves
• Volume Threshold: Lower for quieter stocks/times, higher for more confirmation
Alerts Available
• Maximum Bullish: All 4 internals aligned bullish (TICK + ADD↑ + VIX↓ + Volume)
• Maximum Bearish: All 4 internals aligned bearish (TICK + ADD↓ + VIX↑ + Volume)
• Strong Bullish: TICK bullish + ADD rising
• Strong Bearish: TICK bearish + ADD falling
• Exhaustion Warning: TICK at extreme levels
• Divergence Warning: TICK and ADD directions conflicting
Understanding the Signal Synthesis
The indicator uses intelligent logic to combine all internals:
"MAXIMUM" Signals require:
• TICK direction (bullish/bearish)
• ADD momentum (rising/falling) in same direction
• VIX direction (falling for bulls, rising for bears)
• Volume elevated (>1.5x average)
"STRONG" Signals require:
• TICK direction (bullish/bearish)
• ADD momentum (rising/falling) in same direction
• (VIX and volume are bonuses but not required)
"MODERATE" Signals:
• TICK showing direction
• But ADD not confirming or contradicting
• Weakest actionable signal
This hierarchy ensures you know exactly how much conviction the market has behind any move.
Technical Details
• Pulls real-time data from NYSE TICK (USI:TICK), NYSE ADD (USI:ADD), and CBOE VIX
• ADD direction calculated using bar-to-bar change with compression detection
• VIX direction calculated using bar-to-bar percentage change
• Volume calculation uses 20-period simple moving average
• Dashboard updates every bar
• No repainting - all calculations based on closed bar data
Who This Is For
• Active daytraders of stocks, futures (ES/NQ), and options
• Scalpers needing quick directional confirmation with multiple internal alignment
• Swing traders looking to time intraday entries with maximum confluence
• Volatility traders who monitor VIX behavior
• Market makers and professionals who trade based on breadth and internals
• Anyone who monitors market internals but wants intelligent synthesis vs raw data
Tips For Success
Trading Philosophy:
• Quality over quantity - wait for "MAXIMUM" signals for best results
• One "MAXIMUM" signal trade is worth five "MODERATE" signal trades
• Gray/neutral is not a sign of missing opportunity - it's protecting your capital
Signal Confidence Levels:
1. MAXIMUM (95%+ confidence) - Trade these aggressively with full size
2. STRONG (80-85% confidence) - Trade these with normal position sizing
3. MODERATE (60-70% confidence) - Only if confirmed by strong technical setup
4. CHOPPY/NEUTRAL - Do not trade, wait for clarity
Advanced Techniques:
• Breadth divergences: Watch for price making new highs while ADD shows ↓ (falling) = major warning
• VIX/Price divergences: Rallies with rising VIX (↑) are usually false moves
• Volume confirmation: "MAXIMUM" signals with 2x+ volume are the absolute best
• Compression zones: When both ADD and VIX show compression (±), expect explosive breakout soon
• Sequential signals: Back-to-back "MAXIMUM" signals in same direction = strong trending day
Common Patterns:
• Opening surge with "MAXIMUM BULL" that shifts to "EXHAUSTION" (yellow) = fade the high
• Selloff with "MAXIMUM BEAR" followed by ADD ↑ (rising) divergence = potential reversal
• Choppy morning followed by "MAXIMUM" signal afternoon = best trending opportunity
Example Scenarios
Perfect Bull Entry:
• Bright green signal box
• TICK: +650
• ADD: +1200 (↑)
• VIX: 18.30 (↓)
• Volume: 2.3x
• Status: "✓ MAXIMUM BULL" → ALL SYSTEMS GO - Take aggressive long positions
Strong Bull (Good Confidence):
• Green signal box (slightly less bright)
• TICK: +500
• ADD: +800 (↑)
• VIX: 19.50 (±)
• Volume: 1.2x
• Status: "✓ STRONG BULL" → Good long setup - breadth confirming even without VIX/volume
Caution Bull (Moderate):
• Faded green signal box
• TICK: +400
• ADD: +900 (↓)
• VIX: 20.10 (↑)
• Volume: 0.9x
• Status: "MODERATE BULL" → CAUTION - TICK bullish but breadth deteriorating and VIX rising = weak rally
Exhaustion Warning:
• Yellow signal box
• TICK: +1350 ⚠
• ADD: +2100 (↑)
• VIX: 17.20 (↓)
• Volume: 1.8x
• Status: "⚠ EXHAUSTION" → Take profits or prepare to fade - TICK overextended despite good internals
Divergence Setup (Potential Reversal):
• Faded green signal
• TICK: +300
• ADD: +1800 (↓)
• VIX: 21.50 (↑)
• Volume: 1.6x
• Status: "MODERATE BULL" → WARNING - Price rallying but breadth collapsing and fear rising = distribution
Perfect Bear Entry:
• Bright red signal box
• TICK: -780
• ADD: -1600 (↓)
• VIX: 24.80 (↑)
• Volume: 2.5x
• Status: "✓ MAXIMUM BEAR" → Perfect short setup - all momentum bearish with conviction
Compression (Wait Mode):
• Gray signal box
• TICK: +50
• ADD: -200 (±)
• VIX: 16.40 (±)
• Volume: 0.7x
• Status: "CHOPPY/NEUTRAL" → STAY OUT - Volatility compression, no conviction, await breakout
Performance Optimization
Best Market Conditions:
• Works excellent in trending markets (up or down)
• Particularly powerful during high-volume sessions (first/last hours)
• "MAXIMUM" signals most reliable during 9:45-11:00 AM and 2:00-3:30 PM ET
Less Effective During:
• Lunch period (11:30 AM - 1:30 PM) - lower volume reduces signal quality
• Low-volatility environments - compression signals dominate
• Major news events in first 5 minutes - wait for internals to stabilize
Recommended Use Cases:
• Scalping: Trade only "MAXIMUM" signals for quick 5-15 minute moves
• Daytrading: Use "MAXIMUM" and "STRONG" signals for position entries
• Swing entries: Use "MAXIMUM" signals for optimal intraday entry timing
• Exit timing: Use "EXHAUSTION" (yellow) warnings to take profits
________________________________________
Pro Tip: Create a dedicated workspace with this indicator on SPY/ES/NQ charts. Set alerts for "MAXIMUM BULL", "MAXIMUM BEAR", and "EXHAUSTION" signals. Most professional traders only trade the "MAXIMUM" setups and ignore everything else - this alone can dramatically improve win rates.
bows//@version=5
indicator("NQ EMA+RSI+ATR Alerts with SL/TP", overlay=true, shorttitle="NQ Alerts SLTP")
// === Inputs ===a
fastLen = input.int(9, "Fast EMA", minval=1)
slowLen = input.int(21, "Slow EMA", minval=1)
rsiLen = input.int(14, "RSI Length", minval=1)
rsiLongMax = input.int(70, "Max RSI to allow LONG", minval=50, maxval=90)
rsiShortMin = input.int(30, "Min RSI to allow SHORT", minval=10, maxval=50)
atrLen = input.int(14, "ATR Length", minval=1)
atrMultSL = input.float(1.5, "ATR Stop-Loss Multiplier", step=0.1)
atrMultTP = input.float(2.5, "ATR Take-Profit Multiplier", step=0.1)
// === Indicator calculations ===
price = close
fastEMA = ta.ema(price, fastLen)
slowEMA = ta.ema(price, slowLen)
rsiVal = ta.rsi(price, rsiLen)
atr = ta.atr(atrLen)
// === Entry signals ===
longSignal = ta.crossover(fastEMA, slowEMA) and rsiVal < rsiLongMax
shortSignal = ta.crossunder(fastEMA, slowEMA) and rsiVal > rsiShortMin
// === SL/TP Levels ===
longSL = price - atr * atrMultSL
longTP = price + atr * atrMultTP
shortSL = price + atr * atrMultSL
shortTP = price - atr * atrMultTP
// === Plotting ===
plot(fastEMA, color=color.orange, title="Fast EMA")
plot(slowEMA, color=color.blue, title="Slow EMA")
plotshape(longSignal, title="Buy Signal", style=shape.triangleup, color=color.new(color.green, 0), location=location.belowbar, size=size.tiny)
plotshape(shortSignal, title="Sell Signal", style=shape.triangledown, color=color.new(color.red, 0), location=location.abovebar, size=size.tiny)
// Optional visualization of SL/TP
plot(longSignal ? longSL : na, "Long Stop-Loss", color=color.new(color.red, 50), style=plot.style_linebr)
plot(longSignal ? longTP : na, "Long Take-Profit", color=color.new(color.green, 50), style=plot.style_linebr)
plot(shortSignal ? shortSL : na, "Short Stop-Loss", color=color.new(color.red, 50), style=plot.style_linebr)
plot(shortSignal ? shortTP : na, "Short Take-Profit", color=color.new(color.green, 50), style=plot.style_linebr)
// === Alerts with SL/TP info ===
alertcondition(longSignal, title="BUY Signal",
message="BUY Alert — NQ LONG: Entry @ {{close}} | SL: {{plot_1}} | TP: {{plot_2}} | {{ticker}}")
alertcondition(shortSignal, title="SELL Signal",
message="SELL Alert — NQ SHORT: Entry @ {{close}} | SL: {{plot_3}} | TP: {{plot_4}} | {{ticker}}")
// === Visual labels ===
if (longSignal)
label.new(bar_index, low, "BUY SL: " + str.tostring(longSL, format.mintick) + " TP: " + str.tostring(longTP, format.mintick),
style=label.style_label_up, color=color.new(#be14c4, 0), textcolor=color.white)
if (shortSignal)
label.new(bar_index, high, "SELL SL: " + str.tostring(shortSL, format.mintick) + " TP: " + str.tostring(shortTP, format.mintick),
style=label.style_label_down, color=color.new(color.red, 0), textcolor=color.white)
Income Engine - Daily Supertrend Covered Call SignalsWhat This Indicator Does
1. Identifies the safest time to sell a 1-week covered call
The script uses the Daily Supertrend as a primary trend filter.
When the trend turns bearish or weak, the indicator highlights a Sell Zone, signaling a statistically safer window to sell a covered call.
Covered calls perform best when price is:
Sideways
Weak
Trending down
Not likely to surge upward
The Sell Zone captures exactly this behavior.
Green line=Let the stock run.
Red line=safe to sell calls without assignment. Gererate income while stock falters.
Complete Harmonic PatternOverview:
The ultimate harmonic XABCD pattern identification, prediction, and backtesting system.
Harmonic patterns are among the most accurate of trading signals, yet they're widely underutilized because they can be difficult to spot and tedious to validate. If you've ever come across a pattern and struggled with questions like "are these retracement ratios close enough to the harmonic ratios?" or "what are the Potential Reversal levels and are they confluent with point D?", then this tool is your new best friend. Or, if you've never traded harmonic patterns before, maybe it's time to start. Put away your drawing tools and calculators, relax, and let this indicator do the heavy lifting for you.
- Identification -
An exhaustive search across multiple pivot lengths ensures that even the sneakiest harmonic patterns are identified. Each pattern is evaluated and assigned a score, making it easy to differentiate weak patterns from strong ones. Tooltips under the pattern labels show a detailed breakdown of the pattern's score and retracement ratios (see the Scoring section below for details).
- Prediction -
After a pattern is identified, paths to potential targets are drawn, and Potential Reversal Zone (PRZ) levels are plotted based on the retracement ratios of the harmonic pattern. Targets are customizable by pattern type (e.g. you can specify one set of targets for a Gartley and another for a Bat, etc).
- Backtesting -
A table shows the results of all the patterns found in the chart. Change your target, stop-loss, and % error inputs and observe how it affects your success rate.
//------------------------------------------------------
// Scoring
//------------------------------------------------------
A percentage-based score is calculated from four components:
(1) Retracement % Accuracy - this measures how closely the pattern's retracement ratios match the theoretical values (fibs) defined for a given harmonic pattern. You can change the "Allowed fib ratio error %" in Settings to be more or less inclusive.
(2) PRZ Level Confluence - Potential Reversal Zone levels are projected from retracements of the XA and BC legs. The PRZ Level Confluence component measures the closeness of the closest XA and BC retracement levels, relative to the total height of the PRZ.
(3) Point D / PRZ Confluence - this measures the closeness of point D to either of the closest two PRZ levels (identified in the PRZ Level Confluence component above), relative to the total height of the PRZ. In theory, the closer together these levels are, the higher the probability of a reversal.
(4) Leg Length Symmetry - this measures the ΔX symmetry of each leg. You can change the "Allowed leg length asymmetry %" in settings to be more or less inclusive.
So, a score of 100% would mean that (1) all leg retracements match the theoretical fib ratios exactly (to 16 decimal places), (2) the closest XA and BC PRZ levels are exactly the same, (3) point D is exactly at the confluent PRZ level, and (4) all legs are exactly the same number of bars. While this is theoretically possible, you have better odds of getting struck by lightning twice on a sunny day.
Calculation weights of all four components can be changed in Settings.
//------------------------------------------------------
// Targets
//------------------------------------------------------
A hard-coded set of targets are available to choose from, and can be applied to each pattern type individually:
(1) .618 XA = .618 retracement of leg XA, measured from point D
(2) 1.272 XA = 1.272 retracement of leg XA, measured from point D
(3) 1.618 XA = 1.618 retracement of leg XA, measured from point D
(4) .618 CD = .618 retracement of leg CD, measured from point D
(5) 1.272 CD = 1.272 retracement of leg CD, measured from point D
(6) 1.618 CD = 1.618 retracement of leg CD, measured from point D
(7) A = point A
(8) B = point B
(9) C = point C
Structural Liquidity ZonesTitle: Structural Liquidity Zones
Description:
This script is a technical analysis system designed to map market structure (Liquidity) using dynamic, volatility-adjusted zones, while offering an optional Trend Confluence filter to assist with trade timing.
Concept & Originality:
Standard support and resistance indicators often clutter the chart with historical lines that are no longer relevant. This script solves that issue by utilizing Pine Script Arrays and User-Defined Types to manage the "Lifecycle" of a zone. It automatically detects when a structure is broken by price action and removes it from the chart, ensuring traders only see valid, fresh levels.
By combining this structural mapping with an optional EMA Trend Filter, the script serves as a complete "Confluence System," helping traders answer both "Where to trade?" (Structure) and "When to trade?" (Trend).
Key Features:
1. Dynamic Structure (The Array Engine)
Pivot Logic: The script identifies major turning points using a customizable lookback period.
Volatility Zones: Instead of thin lines, zones are projected using the ATR (Average True Range). This creates a "breathing room" for price, visualizing potential invalidation areas.
Active Management: The script maintains a memory of active zones. As new bars form, the zones extend forward. If price closes beyond a zone, the script's garbage collection logic removes the level, keeping the chart clean.
2. Trend Confluence (Optional)
EMA System: Includes a Fast (9) and Slow (21) Exponential Moving Average module.
Signals: Visual Buy/Sell labels appear on crossover events.
Purpose: This allows for "Filter-based Trading." For example, a trader can choose to take a "Buy" bounce from a Support Zone only if the EMA Trend is also bullish.
Settings:
Structure Lookback: Controls the sensitivity of the pivot detection.
Max Active Zones: Limits the number of lines to optimize performance.
ATR Settings: Adjusts the width of the zones based on volatility.
Enable Trend Filter: Toggles the EMA lines and signals on/off.
Usage:
This tool is intended for structural analysis and educational purposes. It visualizes the relationship between price action pivots and momentum trends.
Second chartThis is a trend-following momentum confirmation indicator designed to filter trades in the direction of the dominant trend while timing entries using RSI momentum shifts.
Best suited for:
✅ Forex & Crypto
✅ 5m – 1H timeframes
✅ Trend continuation strategies
⚙ Inputs Explained
▸ Trend MA Length
Controls the EMA trend filter
Lower value (20–30) → faster, more signals
Higher value (50–100) → slower, stronger trend filter
▸ RSI Length
Controls responsiveness of momentum
Standard setting: 14
Lower → aggressive entries
Higher → conservative entries
▸ Show Buy/Sell Signals
ON → Displays BUY/SELL labels
OFF → Hides all trade signals
▸ Trend Background
ON → Green = Bullish / Red = Bearish
OFF → Clean chart mode
🧠 Signal Logic Breakdown
DMI_HMA Oscillator Smoothed by HMA v2The script provided, titled "DMI_HMA Oscillator Smoothed by HMA v2," is a technical analysis tool written in Pine Script (Version 6) for the TradingView platform. It represents a hybrid approach to momentum trading, combining the directional insight of the Directional Movement Index (DMI) with the noise-reduction capabilities of the Hull Moving Average (HMA). The purpose of this indicator is to provide a cleaner, lag-reduced view of market trend strength and direction, filtering out the erratic noise often associated with raw DMI readings.
Using this indicator is highly appropriate for traders who struggle with the "noise" of standard momentum indicators but cannot afford the delay of traditional smoothing.
Noise Reduction: Standard DMI crossovers can trigger frequently in sideways markets. The HMA smoothing suppresses these minor fluctuations, helping traders stay in a trade longer without being shaken out by temporary volatility.
Lag Management: Most smoothing techniques (like SMA or EMA) introduce significant lag, making signals arrive too late. The HMA is specifically designed to minimize this, making it an excellent choice for a leading indicator like DMI.
Clarity: By converting the two-line DMI system into a single oscillator relative to a zero line, the visual complexity is reduced. A trader simply needs to observe if the teal line is above or below the gray dashed zero line.
Conclusion: The DMI_HMA Oscillator is a sophisticated yet elegant tool. It effectively addresses the primary weakness of the standard DMI (noise) without sacrificing its primary strength (responsiveness). It is best used as a trend-confirmation tool in conjunction with price action analysis, serving as a reliable filter for determining the prevailing market bias.
