MTT Cyclical vs Defensive Z-ScoreThe MTT Cyclical vs Defensive Z-Score is a sophisticated sentiment and rotation indicator designed to measure the relative strength of "risk-on" sectors against "risk-off" havens. It calculates a ratio between two distinct baskets: Cyclicals (Consumer Discretionary, Industrials, Materials) and Defensives/Commodities (Consumer Staples, Health Care, Utilities, and the DBC Commodity Index).
By applying a Z-score calculation to this ratio, the indicator identifies how many standard deviations the current market leadership is away from its mean. This transforms a simple ratio into a powerful tool for identifying market extremes and potential pivot points.
How the Indicator Works
The script follows a logical three-step process to quantify market sentiment:
Basket Comparison: It pits growth-sensitive sectors (which thrive during economic expansion) against defensive sectors and commodities (which act as anchors or inflation hedges).
Mean Reversion: It uses a Simple Moving Average (SMA) and Standard Deviation over a 20-period lookback to determine the "normal" range for this relationship.
Standardization: The resulting Z-score oscillates around a zero line. Green columns represent periods where cyclicals are outperforming their recent average, while red columns indicate defensive leadership.
How to Use It for Trading
The Z-score serves as a barometer for overextended market moves:
Identifying Extreme Optimism: When the Z-score crosses above +2.0, cyclicals are significantly overextended. This suggests the "risk-on" move may be exhausted, signaling a potential pullback or a rotation back into defensive stocks.
Identifying Extreme Fear: When the Z-score drops below -2.0, defensives and commodities are heavily favored. This often coincides with market bottoms or "washouts," suggesting that a bounce in cyclical sectors (and the broader market) may be imminent.
Trend Confirmation: Crossing the 0.0 (Mean) line acts as a momentum shifter. Moving from negative to positive suggests a fresh bullish rotation is gaining traction.
经济周期
Ultimate kNN Target Price and TimeDelivers Target-Price, Probability and Time to reach Target-Price.
Previous D/W/M OHLC LevelsPlots the previous completed Daily, Weekly, and Monthly Open, High, Low, and Close prices as horizontal levels on any timeframe.
Clean, lightweight, and trader-friendly:
• Previous Day (PDH/PDL) – light blue
• Previous Week (PWH/PWL) – gold
• Previous Month (PMH/PML) – orange-red
Great for support/resistance, breakout strategies, mean reversion, and keeping higher-timeframe context visible at a glance.
Simple, no repainting, works on all instruments and timeframes.
Ultimate Key Liquidity LevelsThe Ultimate Key Liquidity Levels indicator is a comprehensive, professional-grade tool designed for traders seeking to identify and visualize critical price levels across multiple timeframes and sessions on TradingView. This clean and simple indicator overlays key liquidity zones directly on your chart, helping you spot potential support, resistance, and reversal areas with ease.
Functionality
At its core, the indicator plots essential liquidity levels derived from daily, weekly, and major trading sessions (Asia, London, New York). It includes highs, lows, opens, closes, and midpoints for both current and previous periods, allowing you to track dynamic price action in real-time. Advanced features like label consolidation merge nearby levels into intuitive combined labels (e.g., "CDH/PWH"), while optional mitigation removes touched or breached levels after a configurable delay. Built-in alerts notify you of price proximity, touches, or closes through any level, ensuring you never miss key market interactions.
Features
Multi-Timeframe Levels: Displays Current/Past Day (High/Low/Open/Close), Current/Past Week (High/Low/Open/Close), and Session-specific (Asia/London/NY High/Low/Mid) levels.
Customization Options: Toggle individual levels, adjust styles (colors, widths, dashed/solid/dotted lines), and shift lines/labels with global offsets for a personalized view.
Consolidation and Zones: Automatically combines close levels with customizable separators and thresholds; highlights merged areas with colored zones for better visibility.
Mitigation System: Optionally fade or remove levels once price interacts with them (via touch or close-through methods), with styling for mitigated lines.
Session Timezone Support: Configurable start/end times for Asia, London, and NY sessions in your preferred timezone.
Alert Integration: Set notifications for price approaching within X ticks, touching, or closing beyond any level—compatible with TradingView's pop-up, email, and mobile alerts.
Benefits and Advantages
This indicator stands out for its comprehensive coverage of liquidity hotspots, empowering you to make informed decisions based on institutional-level price points. Its professional-grade precision reduces chart clutter through smart consolidation, delivering a clean and simple user experience even on volatile instruments. Advantages include enhanced risk management (e.g. more accurate stop loss positioning around key levels), improved entry/exit timing, and seamless integration with any trading strategy— all without overwhelming your chart with unnecessary "clutter". Unlike basic pivot and swing tools, it offers session-specific insights and alerts, saving time and minimizing missed opportunities.
Use Cases
Day Trading: Monitor intraday session highs/lows for breakout or reversal setups during Asia, London or NY session opens.
Swing Trading: Use weekly levels like Previous Week Close (PWC) to identify longer-term support/resistance on higher timeframes.
Scalping: Leverage proximity alerts to enter trades as price nears consolidated zones, ideal for high-frequency, high-precision strategies.
Risk Management: Set stops or targets around key levels to protect positions in forex, stocks, futures, or crypto markets.
Backtesting and Analysis: Visualize historical liquidity for strategy optimization, with extendable lines for forward projections.
Whether you're a beginner simplifying your analysis or a pro refining edge detection, Ultimate Key Liquidity Levels provides a robust, user-friendly solution to elevate your trading. Add it to your chart today and unlock clearer market insights!
Renko Velocity Meter [Chris Chapman]Here is the comprehensive copy for your Renko Velocity Meter indicator. This is structured to be used in a TradingView description, a manual, or a product listing.
Renko Velocity Meter
What is this Indicator?
The Renko Velocity Meter is a specialized momentum dashboard designed strictly for Renko Charts. Unlike standard oscillators (like RSI or MACD) which often fail on Renko due to the lack of time-based data, this tool uses "Brick Physics" to measure the actual speed and efficiency of price movement.
It answers the most critical question in Renko trading: "Is this a real trend, or just a choppy consolidation?"
Instead of giving you lagging signals, it provides a real-time Velocity Score (0-100) displayed on a dashboard directly on your chart. It automatically filters out "fake" moves and highlights high-probability "TURBO" conditions when the market enters a powerful extension phase.
How It Is Calculated
The Velocity Score is derived from a proprietary blend of three distinct mathematical checks:
1. Trend Efficiency ("The Snake Logic") The script calculates the ratio between the Net Price Move and the Total Distance Traveled over a lookback period.
High Efficiency: Price is moving in a straight line (Strong Trend).
Low Efficiency: Price is winding back and forth (Chop/Range).
2. Momentum Deviation (Auto-Brick Detection) The indicator automatically detects your specific Renko brick size (whether 2 pips, 10 points, or custom) without manual input. It then measures how many "Bricks" the price has pulled away from the baseline Moving Average.
If price is 6+ bricks away from the average, it signals a high-momentum extension.
3. HTF Trend Lock (Multi-Timeframe Filter) It internally checks a Higher Timeframe (default: 15-minute) to ensure you are trading with the dominant trend.
HTF LOCK: The Renko trend and the 15m trend are aligned (Green).
HTF MIX: The trends are conflicting. The score is automatically capped at 60 to prevent false signals.
4. The "Counter-Trend" Penalty To prevent buying tops or selling bottoms, the script instantly penalizes the score if a "Retracement Brick" forms.
Example: If the trend is UP, but a RED brick forms, the score is forced down to the "Yellow/Neutral" zone until the trend resumes.
Requirements
To use this indicator effectively, you must meet the following chart conditions:
Chart Type: Renko (This is mandatory. The math relies on fixed-size bricks).
Timeframe: Works on all timeframes, but optimized for standard scalping setups (e.g., 2-pip fixed bricks on EURUSD/Gold).
Data Feed: High-quality data is recommended. For maximum precision, use a 1-second (1s) interval setting for your Renko box generation if your TradingView plan allows it.
The Inputs (Settings)
You can customize the sensitivity of the meter to fit your specific asset class:
Trend Efficiency Period (Default: 14):
The number of bricks used to calculate how "straight" the trend is. Lower numbers make the score faster; higher numbers make it smoother.
Momentum Baseline (Default: 20):
The length of the internal Moving Average used as the "mean" price.
Max Momentum in Bricks (Default: 6):
How many bricks of extension are required to hit a "100% Score"? Increase this for volatile assets like Gold or Bitcoin.
HTF Support (Default: 15):
The Higher Timeframe used for the Trend Lock filter.
Meter Position:
Choose where the dashboard appears on your screen (Top Right, Bottom Left, etc.).
Dashboard Legend
GREEN (Score > 70): TURBO – Strong trend alignment. High probability of continuation.
YELLOW (Score 50-70): TREND – Active trend, but potentially stalling or retracing.
RED (Score < 50): CHOP – No clear direction or conflicting signals. Stay flat.
POSITION: Shows the current logic state (LONG/SHORT/FLAT).
Timbuktu V - Next Candle ProbabilityThis indicator calculates the probability that the next candle
will be bullish or bearish by integrating multiple technical
and market flow factors:
• Trend (EMA + ADX)
• Relative volume
•Order Flow (proxy)
• Accumulated pressure
• Detection of FVG (Fair Value Gaps)
The result is presented as a probabilistic bias in real time,
with clear visualization on the chart:
• Green/red arrows for FVG
• Bullish and bearish probability lines
• Background shading according to the dominant bias
• Label on the last bar with percentages and total score
This script does not generate direct buy/sell signals,
but provides a quantitative reading of market bias,
useful as an additional filter to confirm setups,
evaluate entries, and strengthen risk management.
Configurable and flexible, it adapts to different assets
and trading styles.
Elite Elliott Wave - Auto Fibonacci Smart Mode: Automatically selects optimal levels
📊 Adaptive: Adjusts based on wave characteristics
🎯 Intelligent: Shows extensions only when Wave 3 is extended
💪 Accurate: Elliott Wave validation with confidence scores
SMT Validador - GKSMT.FXThe validation indicator was created by gksmt.fx (this is his Instagram username).
After years of studying market manipulation, reviewing various documents on correlation breakdowns and everything related to correlated markets, he created the indicator that validates such correlation.
It doesn't indicate whether the asset underwent market manipulation; it validates whether what occurred during market manipulation has the true characteristics of market manipulation.
Phantom Trend Direction [Fast Bias] PT-IND-TRD.001 Overview
Phantom Trend Direction – Fast Bias is a trend bias and market state indicator, designed to identify the dominant directional context of the market rather than generate buy or sell signals.
The script focuses on determining whether price behavior is directionally aligned, counter-directional, or neutral, and visualizes that state with confidence-weighted visuals.
This tool is intended to be used as a context filter alongside an existing trading strategy.
How the Script Works ?
The indicator determines market bias by combining structure, momentum, and volatility normalization into a single state logic:
Structural Direction (EMA Slope)
An exponential moving average is used to define the underlying price structure.
The slope of the EMA determines whether price structure is rising, falling, or flat.
Momentum Confirmation (RSI Thresholds)
RSI is used to confirm whether momentum supports the structural direction.
Only when momentum is aligned with structure does the script consider a directional bias valid.
State Logic with Minimum Hold Filter
A simple state machine classifies the market into three states:
Up, Down, or Range.
A minimum state hold filter is applied to reduce noise and avoid rapid state flipping during low-quality transitions.
Volatility-Normalized Confidence Score
Confidence is calculated using:
The normalized distance of price from the structural average (ATR-based)
The strength of momentum away from equilibrium
This produces a confidence score (0–100) that reflects how strongly price behavior supports the current bias, not the probability of a trade outcome.
Visualization & Outputs
Color-coded trend ribbon representing the current bias state
Opacity-based confidence mapping, where higher confidence produces stronger visual emphasis
HUD overlay displaying:
Current market state
Confidence score
State stability information
Mini timeline showing recent bias history for context awareness
All visual elements are optional and can be adjusted or disabled from the settings panel.
How to Use
Use the indicator as a trend filter or directional context tool
Align trade ideas only with the displayed bias state
Avoid initiating trades during neutral or low-confidence phases
Combine with your own entry and risk management rules
This script is suitable for trending market conditions and higher-timeframe directional analysis.
What This Script Is NOT
It is not a buy/sell signal generator
It does not predict price movements
It does not guarantee profitable outcomes
It should not be used as a standalone trading system
Originality & Purpose
The originality of this script lies in its state-based bias classification combined with volatility-normalized confidence visualization, rather than relying on a single indicator output.
The goal is to provide traders with a clear and stable representation of market direction quality, not trade execution signals.
Fourier Motion Radar 2.0Fourier Motion Radar 2.0 (FMR 2.0) — NASDAQ 10-Minute Motion Shift Radar
FMR 2.0 is an overlay indicator that highlights bullish/bearish motion shifts using a combination of: a Savitzky–Golay style quadratic fit (to obtain a smoothed value plus first/second derivatives), and
a Fourier window scan (to estimate a dominant cycle length and scale “motion strength”).
It then draws a simple, visual risk framework on the chart:
a Stop (SL) box and a Target (TP) box at each signal,
and a setup category label inside the TP box: SMALL / MEDIUM / LARGE (based on candle delta in points).
Optimized for NASDAQ on the 10-minute timeframe (M10).
The default thresholds and candle-size bands are tuned for NASDAQ M10 behavior. Using other symbols/timeframes may require recalibration of the point-based thresholds and multipliers.
What you see on the chart
1) Signal candle highlight
When a new motion shift starts, FMR 2.0 can color the entire signal candle (body + wick + border):
Bullish motion start: green candle + “LONG” marker
Bearish motion start: magenta candle + “SHORT” marker
These are state-change markers (start of a detected impulse), not a guarantee of continuation.
2) SL / TP boxes
On each signal, the script draws:
SL box (red) — the stop zone
TP box (green) — the target zone
The boxes are projected forward by a configurable number of bars (“box width”) so they remain visible for review.
3) Category label (SMALL / MEDIUM / LARGE)
The TP box label indicates which candle-size band the signal candle falls into:
SMALL
MEDIUM
LARGE
or “Skip” (if the candle does not fit the predefined bands)
Only SMALL/MEDIUM/LARGE are “in-band” setups. “Skip” means the candle size is outside the intended operating range for the default calibration.
How signals are calculated (high level)
A) Savitzky–Golay style quadratic fit (smoothing + derivatives)
The script fits a quadratic curve over a rolling window and evaluates it at the most recent bar:
d1 (first derivative) approximates direction/slope (momentum direction)
d2 (second derivative) approximates curvature/acceleration (momentum change)
B) Fourier dominant cycle estimate
Over a separate window, the script scans harmonic components up to a maximum index and picks the strongest amplitude. This provides:
a dominant frequency, converted into a dominant period estimate
C) Motion “start” conditions
Signals appear when a motion state turns on (and was off on the previous bar), using thresholding on normalized derivative values.
Important transparency note:
This is a rule-based indicator. Like all indicators, it can produce false positives, especially in choppy or low-volatility regimes.
SL/TP framework (how the boxes are sized)
1) Candle “delta” measurement
You can choose the delta mode:
Body (Open–Close): abs(close - open)
Range (High–Low): high - low
2) Point normalization
Delta is converted to points using the symbol’s minimum tick:
deltaPts = delta / syminfo.mintick
This makes the candle-size bands portable across symbols to a degree, but tick size and broker feed differences still matter.
3) Category selection (SMALL / MEDIUM / LARGE)
If candle scaling is enabled, the script selects SL and TP multipliers from the band the candle belongs to. If the candle does not belong to any band, the label shows “Skip”.
4) Box distances
SL distance = delta * SL_multiplier
TP distance = SL distance * TP_R_multiplier
This creates a consistent R-multiple structure per category (SMALL / MEDIUM / LARGE), intended for structured testing and comparison.
How to use (recommended workflow)
Open NASDAQ on 10-minute (M10) using the specified data feed you trust.
Add FMR 2.0 to the chart.
Watch for a Bullish / Bearish motion start marker and the colored signal candle (optional).
Check the TP label:
SMALL / MEDIUM / LARGE = in-band setup
Skip = outside the tuned candle-size bands (optional to ignore)
Use the SL/TP boxes as a visual structure for evaluation or automation rules.
Backtest tip (manual):
If reviewing historical signals, use “Box history” so previous boxes remain on the chart.
Limitations & compliance notes (please read)
No performance claims: This script does not promise profitability, accuracy, or future results. Markets change and outcomes vary.
Not investment advice: This is a technical analysis tool for educational/research purposes.
Feed/timeframe sensitivity: Default candle-size thresholds are tuned for NASDAQ M10; other instruments/timeframes may require adjusting point bands and multipliers.
Touch logic / bar ambiguity: If you are manually judging whether TP/SL would be hit, remember that on the same bar both could be touched depending on intrabar path; define a consistent evaluation rule if you are collecting statistics.
No “future leak” behavior:
The script is designed without lookahead access to future bars (no lookahead in security calls).
Inputs overview (what to adjust first)
If you want to adapt the tool:
Candle scaling bands (points): SMALL/MEDIUM/LARGE min/max thresholds
Box calculation mode: Body vs Range
SL/TP multipliers per band: to change risk/target structure
Derivative threshold: controls how selective motion starts are
=============================== Magyar változat ===============================
Fourier Motion Radar 2.0 (FMR 2.0) – Leírás
A Fourier Motion Radar 2.0 (FMR 2.0) egy fordulókra és impulzusváltásokra épülő jelző-indikátor, ami a piac mozgásának “állapotváltásait” próbálja elkapni.
A rendszer két fő elemből dolgozik:
Savitzky–Golay jellegű simítás + deriváltak (irány és gyorsulás),
Fourier-alapú domináns periódus becslés (a mozgás karakterének megértéséhez).
A jeleket a charton LONG / SHORT indikációval jelzi, és automatikusan SL/TP dobozokat rajzol fix szabályok alapján.
⚠️ Fontos: az FMR 2.0 NASDAQ 10 perces (M10) charton lett optimalizálva. Más instrumentumon / timeframe-en is működhet, de a beállítások és a candle-size sávok NAS100 M10 környezethez vannak hangolva.
Mit fogsz látni a charton?
1) Jelgyertya színezés
LONG jel esetén a jelgyertya zöldre színeződik.
SHORT jel esetén magenta/rózsaszín színezést kapsz.
Ez mindig az a gyertya, ahol a mozgás “induló” állapotváltása megtörténik.
2) SL / TP dobozok (a belépő környezet)
A jelgyertya zárásánál (entry) az indikátor kirajzol:
egy piros SL boxot (stop zóna),
egy zöld TP boxot (target zóna).
A dobozok szélességét (hány barig látszanak) külön tudod állítani.
3) TP doboz felirat: PICI / KÖZEPES / NAGY
A TP doboz közepén megjelenő felirat azt mutatja, hogy a jelgyertya mérete alapján melyik kategóriába esik a setup:
PICI
KÖZEPES
NAGY
vagy “Hagyd ki :)” (ha nem illeszkedik a megadott sávokba)
Ez a kategória határozza meg, hogy a rendszer milyen SL szorzót és milyen R cél (TP) többszöröst használ.
A jel logikája röviden
Az indikátor a simított ármozgásból számolt első derivált (d1) és második derivált (d2) alapján különbözteti meg a bullish/bearish mozgásindulást:
Bull start (LONG): amikor a mozgás erősödik felfelé, és a gyorsulás is pozitív.
Bear start (SHORT): amikor a mozgás erősödik lefelé, és a gyorsulás is negatív.
A jelek célja nem trendkövetés, hanem inkább a fordulók/impulzusváltások elkapása — ezért trendfilter szándékosan nincs “ráégetve”.
SL/TP számítás – hogyan működik?
A rendszer a jelgyertya méretét méri, és ebből számol:
1) Gyertya “delta”
Alapértelmezésben a Body (Open–Close) delta számít:
delta = abs(close - open)
Opcióként választható a teljes range is:
delta = high - low
2) Candle-size kategória pontokban
A delta pontokra van normalizálva (hogy instrument- és tickfüggetlenebb legyen):
deltaPts = delta / syminfo.mintick
Ez kerül összevetésre a sávhatárokkal (PICI / KÖZEPES / NAGY).
3) SL távolság
SL = delta * SL_mult (kategória szerint)
4) TP távolság (fix R cél)
TP = SL * TP_R (kategória szerint)
Az eredmény: minden setupnál fix R cél (pl. PICI esetén tipikusan nagyobb R, KÖZEPES/NAGY konzervatívabb).
Hogyan használd (gyakorlatban)?
Ajánlott használat (NASDAQ M10)
Nyisd meg a NAS100 / NASDAQ chartot 10 perces timeframe-en.
Add hozzá az FMR 2.0 indikátort.
Várd meg a LONG/SHORT jelzést (jelgyertya + shape).
Nézd meg a TP doboz feliratát: PICI/KÖZEPES/NAGY.
A dobozok megadják a strukturált SL/TP keretet.
Tipp: A “Hagyd ki :)” felirat azt jelzi, hogy a jelgyertya mérete nem illik a kalibrált sávokba — ezeket sokan egyszerűen kihagyják.
Backtest / vizuális ellenőrzés
Az indikátor tud “history módot”:
bekapcsolva megtartja a múltbéli boxokat (max darabszám beállítható),
így könnyen visszanézhető a jelek minősége és a setupok viselkedése.
Fontos megjegyzések
Optimális környezet: NASDAQ / NAS100 M10 (erre lett hangolva).
Más instrumentum/timeframe esetén érdemes a candle-size sávokat és a szorzókat újrakalibrálni.
Az indikátor jelző (overlay) eszköz; a konkrét execution/pozíciókezelés a felhasználó (vagy a robot) feladata.
Nem pénzügyi tanácsadás.
Spot Taker Flow & Early Warning System How Does This Code Detect a "Fake" Rise?
Spot VWMA Logic: The moving average looks not only at the price but also at how much "spot volume" is circulating at that price.
Fake Rise Scenario: If the price (candles) is going up but the Yellow (Binance) or Blue (Coinbase) lines we've drawn are below it, or the price is drooping to the level of these lines; know that the rise is being triggered by bots in futures trading, not spot buyers. This is a "Fake" rise.
Confirmed Rise: If the price is above all these L1 lines, there may be "real money behind it".
Credit Cycle IndexThe Credit Cycle Index represents a systematic approach to measuring financial market conditions through the aggregation of multiple credit and risk metrics. This indicator draws conceptual inspiration from academic research on credit cycles and their relationship to asset returns, building on the work of Gilchrist and Zakrajsek (2012) who demonstrated that credit spreads contain significant predictive information about economic activity and equity market performance. The indicator synthesizes publicly available market data into a unified framework that captures shifts in financial conditions before they become apparent in price action.
The theoretical foundation of credit cycle analysis rests on decades of research documenting the relationship between credit market conditions and asset returns. Bernanke and Gertler (1995) established the credit channel of monetary policy transmission, demonstrating how financial conditions amplify and propagate economic shocks through the broader economy. Schularick and Taylor (2012) documented how credit growth and credit conditions historically preceded major market dislocations, while Krishnamurthy and Muir (2017) showed that credit market variables exhibit predictable cyclical patterns that correlate with subsequent equity returns. These empirical findings suggest that monitoring credit conditions provides valuable information about the risk environment facing investors.
Unlike sentiment indicators that employ contrarian logic based on the assumption that crowd psychology overshoots at extremes, the Credit Cycle Index operates on regime-based principles. Credit market conditions tend to persist rather than mean-revert quickly. Favorable credit conditions typically support continued risk asset performance, while deteriorating conditions often precede extended periods of weakness. This approach recognizes that credit cycles operate on different timescales than sentiment cycles and require different strategic responses.
Methodology and calculation framework
The methodology underlying the Credit Cycle Index incorporates statistical normalization techniques that transform raw market data into comparable standardized scores. Each component factor undergoes robust calculation using median absolute deviation to reduce sensitivity to outliers, a technique that proves particularly valuable during market stress when traditional standard deviation measures become unreliable. These normalized components aggregate using a weighting scheme that adjusts dynamically based on prevailing market conditions, with stress-sensitive components receiving increased weight during periods of elevated market vulnerability.
The model produces values on a scale from zero to one hundred, where higher readings indicate favorable financial conditions and lower readings signal deteriorating conditions. Readings above seventy suggest healthy credit environments where risk assets typically perform well. The zone between forty and seventy represents normal conditions without strong directional bias. Readings below forty indicate meaningful stress, with values below twenty signaling crisis-level conditions across multiple components.
The model incorporates quality filters designed to enhance signal reliability. A consensus filter examines whether multiple underlying components align in the same direction, adding weight to signals when broad agreement exists across different market factors. A momentum filter requires positive index momentum to persist for a minimum duration before confirming entry signals, preventing premature positioning during temporary rebounds within deteriorating environments. These refinements reduce the probability of acting on spurious readings.
Professional application and portfolio integration
Professional portfolio managers recognize the value of credit condition indicators as tools for risk management and tactical allocation. The fundamental insight underlying credit-based strategies is empirically robust: favorable credit conditions create supportive environments for risk assets, while deteriorating conditions warrant defensive positioning. Lopez-Salido, Stein and Zakrajsek (2017) found that credit market sentiment significantly predicts economic activity and asset returns, with their research suggesting that credit conditions lead equity market performance by several months.
For institutional investors operating with fiduciary responsibilities, the Credit Cycle Index serves as one input in risk management frameworks. Asset managers might use deteriorating readings to trigger portfolio review processes, stress testing exercises, or adjustments to tactical allocation overlays. The indicator proves valuable when it diverges from prevailing market narratives, as such divergences often precede meaningful market inflections. Systematic investors can incorporate the index as a conditioning variable that adjusts position sizing based on the prevailing credit environment.
The integration of credit analysis into investment practice finds support in the concept that credit markets often lead equity markets in recognizing fundamental shifts. Credit market participants including bond investors and lenders frequently possess informational advantages regarding corporate financial health and economic conditions. When credit conditions deteriorate, this often reflects information that has not yet fully incorporated into equity prices, creating opportunities for investors who monitor these signals systematically.
Practical implementation for individual investors
The practical implementation of the indicator follows straightforward principles. When the index rises into the favorable zone above seventy with quality filter confirmation, this suggests credit conditions support risk asset exposure. When the index falls below the caution threshold of forty, defensive positioning becomes appropriate. This could manifest as reducing equity allocations, increasing cash reserves, or implementing protective strategies. The zone between these thresholds suggests balanced conditions where other analytical frameworks should take precedence.
Individual investors can derive benefit from the indicator by treating readings as alerts warranting examination of portfolio positioning. A reading in the favorable zone might prompt consideration of whether current equity exposure aligns with target allocations. A reading in the stress zone could trigger review of whether risk reduction measures merit consideration. The indicator should inform rather than dictate investment decisions, serving as one perspective within a broader analytical framework.
The decision to implement a credit condition indicator within an investment process requires consideration of how it complements existing approaches. Fundamental investors can use credit readings to assess whether the risk environment supports their positioning. Technical analysts may find that credit conditions help contextualize price patterns, with favorable conditions adding conviction to bullish setups and deteriorating conditions warranting caution. Quantitative investors might incorporate credit factors into multi-factor models or use them to adjust position sizing.
Trading behavior and strategy characteristics
The Credit Cycle Index employs a regime-following methodology that differs from both trend following and contrarian approaches. The trading logic accumulates positions when credit conditions indicate favorable environments and reduces exposure when conditions deteriorate. This approach positions with prevailing credit market signals rather than against them, recognizing that credit conditions exhibit persistence.
The observation that the indicator may signal favorable conditions while price volatility continues represents an inherent characteristic of regime-based strategies. When the indicator signals favorable conditions, this indicates that underlying credit metrics remain supportive despite surface-level price fluctuations. The indicator identifies phases where credit fundamentals support risk positioning, though short-term price movements may deviate from this underlying support.
Potential users should understand this behavioral characteristic before implementation. The strategy will maintain risk exposure during favorable credit conditions even when equity prices experience temporary weakness. It will advocate defensive positioning during credit deterioration even when equity prices appear stable. Success requires trust in the underlying credit signals and willingness to accept that price action and credit conditions may temporarily diverge.
Suitability and implementation requirements
The Credit Cycle Index aligns appropriately with investors possessing specific characteristics. First, a medium to long term investment horizon proves essential. Credit cycles operate over weeks to months rather than days, and the strategy requires patience to capture regime shifts. Second, a risk management orientation that prioritizes avoiding large drawdowns suits the defensive nature of the indicator during stress periods. Third, comfort with systematic decision making helps maintain discipline when credit signals conflict with prevailing market narratives.
The indicator proves less suitable for day traders seeking intraday signals, investors who prefer purely contrarian approaches, those requiring constant market exposure regardless of conditions, and individuals unable to tolerate periods when the indicator conflicts with price momentum. Institutional investors with strict benchmark tracking requirements may find the strategy incompatible with their mandates despite its risk management merits.
For appropriate investors, the Credit Cycle Index offers a systematic framework for monitoring financial conditions and adjusting risk exposure accordingly. By providing an objective assessment of credit market health, the indicator helps investors recognize environment shifts and consider positioning adjustments when conditions warrant. The strategy demands patience and discipline but rewards those characteristics with the potential for improved risk-adjusted returns through drawdown reduction during stress periods.
References
Ang, A. and Timmermann, A. (2012) Regime changes and financial markets. Annual Review of Financial Economics, 4, pp. 313 to 337.
Bernanke, B.S. and Gertler, M. (1995) Inside the black box: The credit channel of monetary policy transmission. Journal of Economic Perspectives, 9(4), pp. 27 to 48.
Campbell, J.Y. and Thompson, S.B. (2008) Predicting excess stock returns out of sample: Can anything beat the historical average? The Review of Financial Studies, 21(4), pp. 1509 to 1531.
Collin-Dufresne, P., Goldstein, R.S. and Martin, J.S. (2001) The determinants of credit spread changes. The Journal of Finance, 56(6), pp. 2177 to 2207.
Gilchrist, S. and Zakrajsek, E. (2012) Credit spreads and business cycle fluctuations. American Economic Review, 102(4), pp. 1692 to 1720.
Hamilton, J.D. (1989) A new approach to the economic analysis of nonstationary time series and the business cycle. Econometrica, 57(2), pp. 357 to 384.
Krishnamurthy, A. and Muir, T. (2017) How credit cycles across a financial crisis. NBER Working Paper No. 23850.
Lopez-Salido, D., Stein, J.C. and Zakrajsek, E. (2017) Credit-market sentiment and the business cycle. The Quarterly Journal of Economics, 132(3), pp. 1373 to 1426.
Merton, R.C. (1974) On the pricing of corporate debt: The risk structure of interest rates. The Journal of Finance, 29(2), pp. 449 to 470.
Schularick, M. and Taylor, A.M. (2012) Credit booms gone bust: Monetary policy, leverage cycles, and financial crises, 1870 to 2008. American Economic Review, 102(2), pp. 1029 to 1061.
付费脚本
M5 Signals v1 (tientran95)Best tf: m1-m3-m5
Best assets: stablecoins (BTC;ETH)
>70% correct predictions
BTC DenominatorBTC Denominator Indicator - Comprehensive Guide
Overview
The BTC Denominator is an advanced adaptive indicator that combines multiple sophisticated technical analysis concepts to provide dynamic, market-responsive signals. It uses Renko-based price filtering with adaptive RSI to compare two assets simultaneously.
Core Components
1. Market Rhythm Detector
What it does: Identifies the current market cycle length (8-50 periods)
Why it matters: Markets don't move in fixed patterns. This algorithm detects whether the market is in fast cycles (trending) or slow cycles (ranging)
Adaptive advantage: All other calculations adjust based on the current market rhythm
2. Adaptive ATR (Average True Range)
Uses the market rhythm to calculate volatility
Dynamically adjusts the Renko brick size
More responsive than fixed-period ATR
3. Renko Bricks
Purpose: Filters out time and small price noise
How it works: Only creates a new "brick" when price moves by the ATR amount
Benefit: Reduces false signals and focuses on significant price movements
4. Adaptive RSI
Traditional RSI uses a fixed period (usually 14)
This RSI adapts its period based on the market rhythm
More responsive in fast markets, smoother in slow markets
The Comparison Asset - Why It's Significant
Default: BTCDOMUSDT.P (Bitcoin Dominance)
The comparison asset is the secret sauce of this indicator. Here's why:
For Altcoin Trading:
Bitcoin Dominance (BTC.D) shows when money flows between Bitcoin and altcoins
High BTC.D RSI: Money flowing to Bitcoin → Altcoins may weaken
Low BTC.D RSI: Money flowing from Bitcoin → Altcoins may strengthen
RSI Spread: Shows relative strength between your asset and BTC dominance
Trading Logic:
PRIMARY (Altcoin) RSI = 70 (overbought)
COMPARISON (BTC.D) RSI = 30 (oversold)
RSI Spread = +40 (bullish for altcoin)
This suggests the altcoin is strong while Bitcoin dominance is weak - a powerful confirmation for altcoin longs.
How to Trade with This Indicator
Setup 1: Trend Confirmation
Entry Signals:
Bullish Entry (Long)
Primary RSI crosses above 50 (momentum shift)
Comparison RSI below 50 or declining
RSI Spread is positive and widening
Renko brick color turns green
Bearish Entry (Short)
Primary RSI crosses below 50
Comparison RSI above 50 or rising
RSI Spread is negative and widening
Renko brick color turns red
Setup 2: Divergence Trading
Bullish Divergence:
Price makes lower lows
Primary RSI makes higher lows
Comparison RSI in overbought zone (showing weakness in competing narrative)
Action: Look for long entry on RSI cross above 30-35
Bearish Divergence:
Price makes higher highs
Primary RSI makes lower highs
Comparison RSI in oversold zone
Action: Look for short entry on RSI cross below 65-70
Setup 3: RSI Spread Strategy
The spread (Primary RSI - Comparison RSI) reveals relative strength:
Spread > +30: Strong bullish divergence - primary asset outperforming
Spread > +50: Extreme strength - consider taking profits or tight stops
Spread < -30: Strong bearish divergence - primary asset underperforming
Spread < -50: Extreme weakness - strong short signal or avoid longs
Setup 4: Overbought/Oversold with Context
Traditional approach (less effective):
RSI > 70 = Sell
RSI < 30 = Buy
BTC Denominator approach (more effective):
Long Setup:
Primary RSI: 25-35 (oversold)
Comparison RSI: 65-75 (overbought)
Interpretation: Your asset is oversold while Bitcoin dominance is overbought
Action: Strong buy signal - money likely to flow from BTC to your asset
Short Setup:
Primary RSI: 65-75 (overbought)
Comparison RSI: 25-35 (oversold)
Interpretation: Your asset is overbought while BTC dominance is oversold
Action: Strong sell signal - money likely to flow back to Bitcoin
Key Metrics in the Info Table
What to watch:
RSI Values (color-coded)
Red: Overbought (>70)
Green: Oversold (<30)
White: Neutral
RSI Length (yellow when adaptive)
Shorter lengths (8-15): Fast market cycles
Longer lengths (30-50): Slow market cycles
Cycle Period (Market Rhythm reading)
Low values (8-15): Trending market, more aggressive signals
High values (35-50): Ranging market, slower signals
RSI Spread
Positive (green): Primary asset has relative strength
Negative (red): Primary asset has relative weakness
Practical Trading Rules
Rule 1: Don't Trade Against the Spread
If spread is strongly negative (-30 or less), avoid long positions
If spread is strongly positive (+30 or more), avoid short positions
Rule 2: Use Multiple Timeframes
Check daily for trend direction
Use 4H for entries
Use 1H for precise timing
Rule 3: Combine with Price Action
RSI signals + support/resistance = higher probability
Wait for confirmation candles after RSI crosses
Rule 4: Adaptive Periods Tell Market State
Cycle Period < 15: Trending - follow breakouts
Cycle Period > 35: Ranging - fade extremes
Risk Management
Position Sizing: Use smaller positions when RSI spread is neutral (-10 to +10)
Stop Loss: Place below recent Renko brick low for longs, above for shorts
Take Profit: Consider partial profits when RSI reaches opposite extreme
False Signals: Avoid trading when both RSIs are near 50 (indecision)
Example Trade Scenario
Asset: ETHUSDT
Comparison: BTCDOMUSDT.P
Observation:
ETH RSI: 32 (oversold, turning green)
BTC.D RSI: 68 (overbought)
RSI Spread: -36 (but improving from -42)
Cycle Period: 12 (fast trending market)
Renko just turned green
Analysis:
Ethereum is oversold while Bitcoin dominance is overbought
Negative spread suggests BTC has been outperforming, but tide may turn
Fast cycle period suggests momentum can shift quickly
Green Renko brick confirms buying pressure starting
Trade:
Entry: Current price
Stop: Below recent Renko brick low
Target 1: RSI 50 (momentum shift complete)
Target 2: RSI 65-70 (overbought, take profits)
Monitor: If BTC.D RSI stays above 60, manage position tightly
Best Practices
Do:
Use RSI spread as primary confirmation
Trust adaptive signals more in clean trends
Wait for Renko color confirmation
Watch for RSI divergences between primary and comparison
❌ Don't:
Ignore the comparison asset - it's crucial context
Trade blindly on oversold/overbought levels alone
Fight extreme RSI spreads (>±40)
Overtrade when cycle periods are high (>40)
This indicator excels at identifying relative strength and momentum shifts in the context of broader market dynamics. The comparison to Bitcoin Dominance makes it particularly powerful for cryptocurrency trading.
Elite Elliott Wave - Institutional GradeValidates all array indices before accessing them
Skips patterns that don't have complete data yet
Gracefully handles charts with insufficient pivots
Works from the first bar without errors
AZ Trader V3.0AZ Trader – Trading from A to Z
AZ Trader is a professional all-in-one trading indicator designed to simplify market decisions and highlight high-quality trade opportunities.
Built on advanced price structure analysis combined with momentum and volatility filtering, AZ Trader focuses on delivering clean, precise, and actionable signals while reducing market noise.
The indicator supports multiple trading styles:
Scalping
Intraday trading
Swing trading
AZ Trader works across all timeframes and markets, including forex, gold, indices, and cryptocurrencies.
Key benefits:
High-confidence trade setups
Reduced false signals
Clear entries with logical trade management
Clean chart without unnecessary indicators
This script is Invite-Only.
Access is limited and the source code is fully protected.
---
AZ Trader – التداول من الاف الى الياء
AZ Trader هو مؤشر تداول احترافي شامل، مصمم لتبسيط قرارات التداول وإبراز فرص تداول عالية الجودة بوضوح.
يعتمد المؤشر على تحليل متقدم لهيكل السعر مع دمج الزخم وفلترة التقلبات، ليقدم إشارات دقيقة، واضحة، وقابلة للتنفيذ مع تقليل تشويش السوق.
يدعم AZ Trader عدة أساليب تداول:
السكالبينغ
التداول اليومي
التداول متوسط المدى
يعمل على جميع الفريمات والأسواق، بما فيها الفوركس، الذهب، المؤشرات، والعملات الرقمية.
أهم المميزات:
صفقات بثقة أعلى
تقليل الإشارات الخاطئة
نقاط دخول واضحة وإدارة صفقة منطقية
شارت نظيف بدون ازدحام
المؤشر Invite-Only
والوصول إليه محدود مع حماية كاملة للكود.
I.C.C. Trading SystemThe ICC trading strategy, standing for Indication, Correction, Continuation, is a market structure-based method to find trend continuations by identifying initial price moves (Indication), waiting for pullbacks (Correction) at key levels like Support/Resistance, and entering when the trend resumes (Continuation), preventing premature entries and emotional trades by aligning with market dynamics.
NinjADeviL Ultimate - Traffic Light ScalperNinjADeviL Ultimate - Traffic Light Scalper
This indicator is a comprehensive trading system designed for high-speed scalping (optimized for short timeframes like 45s or 1m). It uses a "Traffic Light" visual approach to filter out market noise and helps traders identify high-probability setups by strictly aligning with the higher timeframe trend.
KEY FEATURES:
🚦 Traffic Light Visual System:
The indicator automatically colors the candles based on trend alignment:
- GREEN Candles: Strong Bullish Trend (Confirmed by both local and 5-minute trends).
- RED Candles: Strong Bearish Trend (Confirmed by both local and 5-minute trends).
- GRAY Candles: "No Trade Zone" (Choppy market or conflicting trends).
📉 Multi-Timeframe Filter ("The Boss"):
The system monitors the 5-minute trend in the background. If the higher timeframe does not support the trade, the candles remain Gray and no signals are generated.
🎯 Smart Sniper Signals:
Entry signals ("GO!") are not random. They are generated only when:
1. The "Traffic Light" is Green or Red.
2. Price performs a technical pullback (buying the dip / selling the rally).
3. A valid reversal candle pattern (Engulfing or Hammer) appears.
💰 Dynamic Targets:
Automatically plots ATR-based Take Profit levels (small dots) on the chart to assist with trade management.
HOW TO USE:
1. Wait for a clear color change (Green for Long, Red for Short).
2. Enter the trade only when the "GO!" label appears.
3. STRICT RULE: Do not trade when candles are Gray.
Disclaimer: This tool is for educational purposes only. Trading futures involves significant risk.
15m RVOL + CPR Screener [AA37Amna5633]relvol and cpr table 4h 15mint relvol and cpr table relvol and cpr table relvol and cpr table relvol and cpr table
15:59 High / Low Levels (NY Time, All TF)all tf ticking levels based off of 1599
my settings are ten day look back line width 1
use ONLY on nq1! for the other nasdaq futures cons dont align
will be making this for all futures pairs soon
Niftycycles Gann Weekly Ranges# **NiftyCycles Weekly Ranges Indicator**
## 🎯 What This Indicator Shows You
### 1. **Weekly Price Framework**
- **Key Weekly Levels**: Automatically identifies critical support and resistance for the upcoming trading week
- **Color-Coded Zones**: Distinct visual separation between bullish, bearish, and neutral price territories
- **Range Boundaries**: Clear weekly high and low expectations based on cyclical analysis
- **Momentum Context**: Shows whether price is operating within normal weekly ranges or extending beyond them
### 2. **Weekly Range Components**
- **Primary Support/Resistance**: Main levels where price action is expected to react
- **Range Extensions**: Projections for breakout scenarios and exceptional weekly moves
- **Weekly Pivot Zone**: Central area indicating balanced price action for the week
- **Cycle-Based Boundaries**: Levels derived from Nifty's inherent cyclical patterns
### 3. **Weekly Planning Dashboard**
- **Week Identification**: Current trading week reference
- **Range Summary**: Complete weekly range at a glance
- **Status Indicators**: Visual cues for range breakouts and confirmations
- **Clean Weekly Overlay**: Non-intrusive display that respects chart analysis space
## 🎮 How to Use This Indicator
### Step 1: Apply to Your Chart
1. Best used on daily and intra week timeframes for context
2. Levels automatically generate for each new trading week
### Step 2: Understand Weekly Setup
1. **Automatic Weekly Detection**: Indicator identifies week start/end automatically
2. **Range Calculation**: Weekly levels calculated based on cyclical patterns
3. **Visual Setup**: All weekly levels appear each Monday (or chart restart)
### Step 3: Configure Display Options
1. **Range Detail Control**: Choose which levels to display (primary, extensions, pivots)
2. **Alert Settings**: Set alerts for key level breaches
3. **Visual Preferences**: Adjust colors and line styles for different range components
### Step 4: Weekly Monitoring
1. **Opening Gaps**: Note where weekly open occurs relative to calculated ranges
2. **Level Interactions**: Monitor price behavior at each weekly level
3. **Range Adjustments**: Watch for early-week range expansions or contractions
## 📊 What You'll See on Your Chart
### Visual Elements:
1. **Weekly Container**: Visual band showing the primary expected weekly range
2. **Key Level Lines**: Horizontal lines at critical support/resistance points
3. **Extension Zones**: Areas beyond normal weekly expectations
4. **Information Panel**: Compact display showing range statistics and status
### How to Interpret:
**At Week Start:**
- Primary range gives expected high-low boundaries for the week
- Pivot zone indicates balanced price action area
- Extension levels show potential breakout targets if momentum develops
**During the Week:**
- Price holding within primary range suggests normal weekly behavior
- Repeated tests of range boundaries indicate potential breakouts
- Closing beyond extension levels signals exceptionally strong weekly momentum
**Range Applications:**
- **Primary Range**: Normal weekly trading zone, ideal for range strategies
- **Pivot Zone**: Decision area for weekly bias formation
- **Extensions**: Profit targets for breakout trades, stop-loss placement zones
## ⚠️ Critical Understanding
### What This Indicator Provides:
- ✅ **Weekly Roadmap**: Expected price boundaries for the coming week
- ✅ **Level Precision**: Specific price levels for planning entries and exits
- ✅ **Cyclical Context**: Range expectations based on Nifty's historical patterns
- ✅ **Visual Framework**: Clean overlay for weekly trade planning
### What This Indicator Does NOT Do:
- ❌ **Doesn't guarantee price will respect the calculated ranges**
- ❌ **Not a replacement for entry timing or trade management**
## 🔍 Professional Usage Tips
### Best Practices:
1. **Weekly Review**: Analyze ranges each Sunday/Monday before market open
2. **Multi-Timeframe Confirmation**: Check ranges against daily and monthly levels
3. **Market Context**: Consider economic events and news flow for the week
4. **Flexibility**: Be prepared to adjust if early-week price action invalidates ranges
### Practical Applications:
**For Position Traders:**
- **Weekly Entry Planning**: Identify optimal zones to initiate weekly positions
- **Profit Targets**: Set weekly objectives based on range boundaries
- **Risk Management**: Place stops beyond extension levels for protection
**For Swing Traders:**
- **Level Awareness**: Know weekly boundaries for swing trade planning
- **Breakout Confirmation**: Use extension breaks as momentum confirmation
- **Range Fading**: Trade reversals at weekly extremes with tight risk
**For Institutional Context:**
- **Weekly Allocation**: Plan weekly position sizing around range expectations
- **Hedging Levels**: Identify key levels for option hedging strategies
- **Portfolio Rebalancing**: Time adjustments around weekly pivotal zones
## 🎨 Customization Options
- **Range Visibility**: Toggle between different range components
- **Alert Configuration**: Set price alerts for key weekly levels
- **Color Schemes**: Customize for different market conditions or personal preference
- **Information Display**: Control how much data appears on chart
- **Historical Comparison**: Option to show previous week's ranges for context
## 📈 Real-World Strategy Integration
### Combine With Weekly Analysis:
- **Market Structure**: Confluence with monthly support/resistance
- **Option Chain Data**: Match ranges with high Open Interest levels
- **Sector Rotation**: Consider sector performance within weekly context
- **Global Correlations**: Account for international market influences
### Trading Approaches:
**Conservative Weekly Approach:**
1. Wait for price to establish within primary range
2. Trade bounces from range boundaries toward pivot zone
3. Take profits at opposite boundary or pivot
4. Use extensions for stop placement
**Momentum Weekly Approach:**
1. Wait for confirmed break of primary range
2. Enter in direction of break with extension as target
3. Trail stops using the breached range boundary
4. Consider partial profits at each extension level
**Expiry Week Strategy:**
1. Note weekly ranges in context of monthly expiry
2. Watch for range compression as expiry approaches
3. Be aware of pinning effects at range boundaries
4. Adjust expectations for increased volatility
## ⚙️ Key Features
- **Cycle-Based Accuracy**: Ranges derived from proven cyclical patterns
- **Clean Integration**: Works alongside other indicators without clutter
- **Forward-Looking**: Provides framework for entire week ahead
## 📝 Important Notes
- **Weekly Nature**: Designed for weekly planning, not intraday signals
- **Market Phases**: Effectiveness varies in trending vs. ranging markets
- **External Factors**: Major news/events can override cyclical patterns
- **Confirmation Required**: Always verify with price action at levels
- **Historical Reference**: Past performance of ranges provides context, not guarantees
---
**Final Advice:** This is your **weekly trading roadmap**. Use it each week to establish WHERE price is likely to find significance, then employ your preferred timing methods to determine WHEN to execute. The most successful weekly traders use these ranges to set their weekly bias, plan their trade locations, and manage risk around clear boundaries.
Niftycycles Gann Intraday Ranges**Gann's Intraday Ranges** is a powerful trading tool that calculates and displays potential price ranges for instrument on intraday timeframes. This indicator helps traders identify precise support and resistance levels based on Gann's mathematical principles, providing clear price targets and risk management zones for your intraday trading sessions.
## 🎯 What This Indicator Shows You
### 1. **Price Range Levels**
- **Blue Anchor Line**: Your starting price reference point
- **Percentage-based Targets**: Multiple range extensions from the anchor price
- **Color-coded Levels**: Each percentage level has distinct colors for quick identification
- **High/Low Side Projections**: Levels projected both above and below the anchor
### 2. **Range Percentages Available**
- **50% Range**: Primary intraday target
- **100% Range**: Base intraday movement expectation
- **150% Range**: Extended intraday target
- **200% Range**: Maximum intraday extension
- **Additional Ranges**: 250%, 400%, 600%, 800% for extreme scenarios
### 3. **Comprehensive Information Table**
- **Instrument Name**: Current trading symbol
- **Anchor Price**: Your starting reference level
- **Base Range**: Calculated intraday range value
- **Price Levels Table**: All projected levels with type (High/Low)
- **Clean Display**: Right-side table with easy-to-read format
## 🎮 How to Use This Indicator
### Step 1: Apply to Your Chart
1. Add the indicator to any intraday timeframe (1-min to 4-hour charts)
2. The indicator automatically detects supported instruments
3. Levels will appear immediately on your chart
### Step 2: Set Your Anchor Price
1. **Option A**: Use current close price (set anchor to 0.0)
2. **Option B**: Enter a specific anchor price (previous session high/low, opening price, etc.)
3. The anchor becomes your reference point for all projections
### Step 3: Select Range Levels to Display
1. **Percentage Toggles**: Turn on/off specific range percentages (50%, 100%, 150%, etc.)
2. **Plot Direction**: Choose which side to display:
- **Anchor High Side**: Levels above the anchor only
- **Anchor Low Side**: Levels below the anchor only
3. **Show All Range Lines**: Toggle all lines on/off simultaneously
### Step 4: Customize Your View
1. **Date Input**: Set the calculation date (YYYY-MM-DD format)
2. **Table Settings**: Adjust table background and text colors
3. **Line Visibility**: Toggle price scale labels for cleaner charts
4. **Info Table**: Show/hide the information table as needed
## 📊 What You'll See on Your Chart
### Visual Elements:
1. **Blue Anchor Line**: Your reference price level (always visible)
2. **Colored Range Lines**: Each percentage level in distinct colors
3. **Information Table**: Top-right corner with all calculation details
4. **Price Labels**: Optional price values on the right scale
### How to Interpret:
**During Trading Sessions:**
- Monitor price action around the 50% and 100% levels for initial targets
- Use higher percentages (150%, 200%) for breakout/extended move targets
- The anchor line serves as your intraday pivot/reference point
**Range Level Applications:**
- **50% Level**: First profit target, initial resistance/support
- **100% Level**: Primary intraday move expectation
- **150%+ Levels**: Extended moves, breakout confirmation zones
**Table Information:**
- Quickly see all projected price levels
- Identify whether levels are High (above anchor) or Low (below anchor)
- Monitor the base range calculation for the session
## ⚠️ Critical Understanding
### What This Indicator Provides:
- ✅ **Precise Price Levels** for intraday trading
- ✅ **Multiple Target Zones** from conservative to aggressive
- ✅ **Visual Reference Points** on your chart
- ✅ **Flexible Configuration** for different trading styles
### What This Indicator Does NOT Do:
- ❌ **Not an entry signal generator**
- ❌ **Doesn't predict which direction price will move**
- ❌ **Doesn't guarantee price will reach any level**
- ❌ **Not a standalone trading system**
## 🔍 Professional Usage Tips
### Best Practices:
1. **Anchor Selection**: Use significant price levels (opening price, previous close, session high/low)
2. **Timeframe Alignment**: Higher timeframes (15-min, 30-min, 1-hour) often provide more reliable levels
3. **Confirmation Required**: Wait for price action confirmation at levels
4. **Context Matters**: Consider overall market conditions and volatility
### Practical Applications:
**For Intraday Traders:**
- **Profit Targets**: Set take-profit orders at projected levels
- **Stop Loss Placement**: Place stops beyond key range levels
- **Trade Planning**: Pre-plan entries at retracements to anchor line
**For Scalpers:**
- **Quick Reference**: Immediate visual price targets
- **Micro-Levels**: Use 50% and 100% levels for quick scalps
- **Session Planning**: Set up for the day based on calculated ranges
**For Position Sizing:**
- **Risk Calculation**: Distance between entry and range levels helps determine position size
- **Reward/Risk Assessment**: Compare potential profit at levels vs. stop loss
- **Multiple Target Strategy**: Scale out positions at different percentage levels
## 🎨 Customization Options
- **Range Selection**: Choose which percentage levels to display
- **Plot Direction**: High side, Low side, or both
- **Table Appearance**: Customize colors and visibility
- **Line Display**: Toggle individual levels on/off
- **Anchor Price**: Flexible reference point setting
## 📈 Real-World Strategy Integration
### Combine With Intraday Analysis:
- **Price Action**: Candlestick patterns at range levels
- **Volume Analysis**: Confirmation of level importance
- **Market Structure**: Support/resistance confluence with range levels
- **Time of Day**: Session-based volatility considerations
### Trading Approaches:
**Conservative Approach:**
1. Enter near anchor line
2. Target 50% level for partial profit
3. Trail stop or target 100% level for remainder
4. Use higher levels as breakout confirmation
**Aggressive Approach:**
1. Enter breakouts beyond 100% level
2. Target 150% or 200% levels
3. Use anchor line as stop loss reference
4. Scale into positions as price progresses through levels
**Range-Bound Markets:**
1. Fade moves to range extremes (250%+ levels)
2. Target anchor line or opposite range levels
3. Use tight stops beyond extreme levels
4. Quick scalps between closer levels (50%-100%)
## ⚙️ Key Features
- **Universal Application**: Works across all intraday timeframes
- **Flexible Configuration**: Customize which levels to display
- **Automatic Instrument Detection**: Recognizes major trading instruments
- **Clean Visual Display**: Non-cluttered, professional interface
- **Real-time Updates**: Levels adjust with changing anchor price
## 📝 Important Notes
- **Anchor Price Critical**: Results depend on accurate anchor selection
- **Intraday Focus**: Designed for short-term trading sessions
- **Confirmation Needed**: Always confirm with price action and volume
- **Market Conditions**: Effectiveness varies with market volatility
- **Multiple Timeframes**: Consider using on multiple intraday timeframes for confluence
**Final Advice:** This is a range projection tool, not a directional indicator. Use it to identify WHERE price might find significance during your intraday trading, then use your price action and volume analysis to determine WHEN to act. The most successful intraday traders combine these projected ranges with their existing trading methodology for improved timing and precision.
*Use as part of a complete intraday trading strategy with proper risk management.*
Magno Virtual Football Market CompletVirtual Football Market Logic – SR + VFI + Probability
A statistical + structural indicator for the Bet365 Virtual Football market, combining:
VFI (Fair Value + Standard Deviation Bands) to detect excess/scarcity zones (overbought/oversold)
Momentum (Fast vs Slow SMA) to confirm acceleration or weakness
Automatic Pivot S/R (Support/Resistance) to map key price levels
The script calculates and displays a dynamic OVER vs UNDER probability (0–100%), based on:
Fair Value distance,
deviation band expansion,
momentum direction,
proximity to resistance/support.
Includes a real-time probability label and visual triggers when OVER/UNDER ≥ 75%.






















