ORB Algo | Flux Charts💎 GENERAL OVERVIEW
Introducing our new ORB Algo indicator! ORB stands for "Opening Range Breakout" which is a common trading strategy. The indicator can analyze the market trend in the current session and give "Buy / Sell", "Take Profit" and "Stop Loss" signals. For more information about the analyzing process of the indicator, you can read "How Does It Work ?" section of the description.
Features of the new ORB Algo indicator :
Buy & Sell Signals
Up To 3 Take Profit Signals
Stop-Loss Signals
Alerts for Buy / Sell, Take-Profit and Stop-Loss
Customizable Algoritm
Session Dashboard
Backtesting Dashboard
📌 HOW DOES IT WORK ?
This indicator works best in 1-minute timeframe. The idea is that the trend of the current session can be forecasted by analyzing the market for a while after the session starts. However, each market has it's own dynamics and the algorithm will need fine-tuning to get the best performance possible. So, we've implemented a "Backtesting Dashboard" that shows the past performance of the algorithm in the current ticker with your current settings. Always keep in mind that past performance does not guarantee future results.
Here are the steps of the algorithm explained briefly :
1. The algorithm follows and analyzes the first 30 minutes (can be adjusted) of the session.
2. Then, algorithm checks for breakouts of the opening range's high or low.
3. If a breakout happens in a bullish or a bearish direction, the algorithm will now check for retests of the breakout. Depending on the sensitivity setting, there must be 0 / 1 / 2 / 3 failed retests for the breakout to be considered as reliable.
4. If the breakout is reliable, the algorithm will give an entry signal.
5. After the position entry, algorithm will now wait for Take-Profit or Stop-Loss zones and signal if any of them occur.
If you wonder how does the indicator find Take-Profit & Stop-Loss zones, you can check the "Settings" section of the description.
🚩UNIQUENESS
While there are indicators that show the opening range of the session, they come short with features like indicating breakouts, entries, and Take-Profit & Stop-Loss zones. We are also aware of that different stock markets have different dynamics, and tuning the algorithm for different markets is really important for better results, so we decided to make the algorithm fully customizable. Besides all that, our indicator contains a detailed backtesting dashboard, so you can see past performance of the algorithm in the current ticker. While past performance does not yield any guarantee for future results, we believe that a backtesting dashboard is necessary for tuning the algorithm. Another strength of this indicator is that there are multiple options for detection of Take-Profit and Stop-Loss zones, which the trader can select one of their liking.
⚙️SETTINGS
Keep in mind that best chart timeframe for this indicator to work is the 1-minute timeframe.
TP = Take-Profit
SL = Stop-Loss
EMA = Exponential Moving Average
OR = Opening Range
ATR = Average True Range
1. Algorithm
ORB Timeframe -> This setting determines the timeframe that the algorithm will analyze the market after a new session begins before giving any signals. It's important to experiment with this setting and find the best option that suits the current ticker for the best performance. More volatile stocks will often require this setting to be larger, while more stabilized stocks may have this setting shorter.
Sensitivity -> This setting determines how much failed retests are needed to take a position entry. Higher senstivity means that less retests are needed to consider the breakout as reliable. If you think that the current ticker makes strong movements in a bullish & bearish direction after a breakout, you should set this setting higher. If you think the opposite, meaning that the ticker does not decide the trend right after a breakout, this setting show be lower.
(High = 0 Retests, Medium = 1 Retest, Low = 2 Retests, Lowest = 3 Retests)
Breakout Condition -> The condition for the algorithm to detect breakouts.
Close = Bar needs to close higher than the OR High Line in a bullish breakout, or lower than the OR Low Line in a bearish breakout. EMA = The EMA of the bar must be higher / lower than OR Lines instead of the close price.
TP Method -> The method for the algorithm to use when determining TP zones.
Dynamic = This TP method essentially tries to find the bar that price starts declining the current trend and going to the other direction, and puts a TP zone there. To achieve this, it uses an EMA line, and when the close price of a bar crosses the EMA line, It's a TP spot.
ATR = In this TP method, instead of a dynamic approach the TP zones are pre-determined using the ATR of the entry bar. This option is generally for traders who just want to know their TP spots beforehand while trading. Selecting this option will also show TP zones at the ORB Dashboard.
"Dynamic" option generally performs better, while the "ATR" method is safer to use.
EMA Length -> This setting determines the length of the EMA line used in "Dynamic TP method" and "EMA Breakout Condition". This is completely up to the trader's choice, though the default option should generally perform well. You might want to experiment with this setting and find the optimal length for the current ticker.
Stop-Loss -> Algorithm will place the Stop-Loss zone using setting.
Safer = The SL zone will be placed closer to the OR High for a bullish entry, and closer to the OR Low for a bearish entry.
Balanced = The SL zone will be placed in the center of OR High & OR Low
Risky = The SL zone will be placed closer to the OR Low for a bullish entry, and closer to the OR High for a bearish entry.
Adaptive SL -> This option only takes effect if the first TP zone is hit.
Enabled = After the 1st TP zone is hit, the SL zone will be moved to the entry price, essentially making the position risk-free.
Disabled = The SL zone will never change.
2. ORB Dashboard
ORB Dashboard shows the information about the current session.
3. ORB Backtesting
ORB Backtesting Dashboard allows you to see past performance of the algorithm in the current ticker with current settings.
Total amount of days that can be backtested depends on your TV subscription.
Backtesting Exit Ratios -> You can select how much of percent your entry will be closed at any TP zone while backtesting. For example, %90, %5, %5 means that %90 of the position will be closed at the first TP zone, %5 of it will be closed at the 2nd TP zone, and %5 of it will be closed at the last TP zone.
在脚本中搜索"breakout"
Latent Energy Reactor [The_lurker]Latent Energy Reactor | مفاعل الطاقة الكامنة
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🔬 THE PHILOSOPHY
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Markets operate in cycles of compression and expansion. Before every significant price movement, there exists a period where buyers and sellers reach a temporary equilibrium — a consolidation zone where energy accumulates like pressure building in a reactor.
The Latent Energy Reactor was designed to identify these critical zones, measure the energy building within them, and predict the direction of the inevitable breakout.
This indicator transforms the abstract concept of "market energy" into a quantifiable, visual system that traders can use to anticipate high-probability breakout opportunities.
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🎯 THE THREE BOX STATES
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Understanding the three box states is crucial for proper interpretation:
📦 STATE 1: ACTIVE ZONE (GRAY BOX)
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Visual Characteristics:
• Color: Gray/Neutral with 3D depth effect
• Extends to the right edge of the chart (future projection)
• Contains pressure lines (dotted horizontal lines inside)
• Displays gravity center line (dashed line showing volume-weighted center)
• Energy progress bar beneath the box
• Real-time information panel appears on screen
What It Means:
The gray box represents a LIVE consolidation zone currently forming. Price is contained within the boundaries, and energy is actively accumulating. This is the "waiting phase" where the reactor is charging.
What to Watch:
• Energy percentage climbing toward critical levels (80%+)
• Gravity center position (upper half = bullish bias, lower half = bearish bias)
• Top and bottom rejection counts in the information panel
• Phase progression (Forming → Growth → Mature → Exhaustion)
Trading Approach:
Do NOT trade inside the gray box. This is the preparation phase. Monitor the energy levels and predicted direction, but wait for confirmation.
📦 STATE 2: BULLISH BREAKOUT BOX (GREEN BOX)
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Visual Characteristics:
• Color: Green with 3D depth effect
• Box boundaries are now fixed (no longer extending right)
• Displays "BUY" text centered inside the box
• Stop Loss line appears below the box (orange)
• Three Take Profit lines appear above (teal/cyan)
• Entry line at the box's upper boundary (white dashed)
What It Means:
The green box indicates a CONFIRMED bullish breakout. Price has broken above the consolidation zone's upper boundary, releasing the accumulated energy upward.
Automatic Calculations Displayed:
• Entry Price: Upper boundary of the box
• Stop Loss: Lower boundary minus ATR buffer
• TP1: Entry + (Risk × 1.0) — 1:1 reward ratio
• TP2: Entry + (Risk × 1.5) — 1.5:1 reward ratio
• TP3: Entry + (Risk × 2.0) — 2:1 reward ratio
Trading Approach:
Consider long positions with the displayed SL/TP levels as guidelines. The higher the energy level and breakout quality score were before the breakout, the more reliable the signal.
📦 STATE 3: BEARISH BREAKOUT BOX (RED BOX)
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Visual Characteristics:
• Color: Red with 3D depth effect
• Box boundaries are now fixed
• Displays "SELL" text centered inside the box
• Stop Loss line appears above the box (orange)
• Three Take Profit lines appear below (teal/cyan)
• Entry line at the box's lower boundary (white dashed)
What It Means:
The red box indicates a CONFIRMED bearish breakout. Price has broken below the consolidation zone's lower boundary, releasing the accumulated energy downward.
Automatic Calculations Displayed:
• Entry Price: Lower boundary of the box
• Stop Loss: Upper boundary plus ATR buffer
• TP1: Entry - (Risk × 1.0) — 1:1 reward ratio
• TP2: Entry - (Risk × 1.5) — 1.5:1 reward ratio
• TP3: Entry - (Risk × 2.0) — 2:1 reward ratio
Trading Approach:
Consider short positions with the displayed SL/TP levels as guidelines. Stronger setups have higher pre-breakout energy and quality scores.
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⚛️ THE ENERGY CALCULATION SYSTEM
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The energy percentage (0-100%) is calculated using four factors:
Compression Score (up to 40 points)
Measures how tight the range is relative to normal volatility (ATR). Tighter compression = higher energy storage.
Time Score (up to 35 points)
Longer consolidation periods accumulate more energy. Each bar adds to the score up to the maximum.
Maturity Bonus (up to 15 points)
Zones that reach mature phases receive bonus energy points, recognizing that extended consolidations often produce more powerful breakouts.
Tightness Bonus (up to 10 points)
Extra points awarded when the range height is exceptionally small relative to ATR.
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📊 THE GRAVITY CENTER SYSTEM
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How It Works:
The gravity center is the volume-weighted average price within the consolidation zone. It reveals where the majority of trading activity (and thus institutional interest) is concentrated.
Interpretation:
• Gravity center in UPPER half → Institutions accumulating → Bullish bias
• Gravity center in LOWER half → Institutions distributing → Bearish bias
• Gravity center at MIDDLE → Neutral/Uncertain
Visual Display:
A dashed line with a ⚖️ symbol marks the gravity center inside active zones. The line color matches the directional bias.
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🏦 INSTITUTIONAL FOOTPRINT DETECTION
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What It Measures:
The indicator scans for volume anomalies — bars where volume significantly exceeds the average while price remains contained within the zone.
Why It Matters:
Large volume without price movement often indicates institutional players building positions. They cannot accumulate or distribute large quantities without leaving a "footprint" in the volume data.
Score Interpretation:
• Below 30%: Normal retail activity
• 30-50%: Some institutional interest detected
• Above 50%: Significant institutional footprint (marked with 🏦 icon)
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📈 MATURITY PHASES
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⚒ Forming Phase
The zone has just been identified. Energy is low, and the pattern needs more time to develop. Premature breakouts during this phase have higher failure rates.
📈 Growth Phase
The zone is developing nicely. Energy is building, and the consolidation pattern is becoming more defined. Watch for increasing rejection counts at boundaries.
✅ Mature Phase
Optimal trading phase. The zone has accumulated significant energy, institutional footprints are often visible, and breakout quality scores are typically highest.
⚠ Exhaustion Phase
The zone has persisted beyond typical duration. While energy remains high, the pattern may be losing its predictive power.
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🎨 VISUAL ELEMENTS GUIDE
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3D Box Effect
The 3D rendering creates visual depth with a top face and side face, making boxes stand out clearly. Adjustable via "3D Depth" and "3D Height %" settings.
Pressure Lines
Dotted horizontal lines inside active zones visualize internal pressure distribution. Lines closer to the gravity center are more opaque.
Energy Progress Bar
A horizontal bar beneath each zone shows energy level visually. Color progresses: green (low) → yellow (moderate) → orange (high) → red (critical).
Imminent Breakout Warning
When energy reaches critical threshold (default 80%), a warning label "⚠ IMMINENT!" appears above the active zone.
Information Panel
Real-time table displaying: Energy Level, Phase, Prediction, Breakout Quality, Institutional Footprint, Top/Bottom Rejections.
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📊 READING THE SIGNALS
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Energy Levels:
• Below 40%: Low energy — breakout unlikely soon
• 40-60%: Moderate energy — zone developing
• 60-80%: High energy — prepare for potential breakout
• Above 80%: Critical energy — breakout imminent
Breakout Quality Score:
• Below 50%: Weak setup — higher false breakout risk
• 50-70%: Moderate setup — proceed with caution
• Above 70%: Strong setup — high probability trade
Direction Confidence:
• Below 55%: Neutral — wait for clearer signals
• 55-70%: Moderate confidence
• Above 70%: High confidence prediction
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⚙️ RECOMMENDED SETTINGS
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For Scalping (1-15 min):
Min Bars in Range: 10-15 | ATR Period: 10 | Range ATR Multiplier: 2.0
For Day Trading (15min-1H):
Min Bars in Range: 15-20 | ATR Period: 14 | Range ATR Multiplier: 2.5
For Swing Trading (4H-Daily):
Min Bars in Range: 20-30 | ATR Period: 20 | Range ATR Multiplier: 3.0
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🔔 ALERTS
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• New Zone Alert: Triggers when a new consolidation zone is identified
• Imminent Breakout Alert: Triggers when energy reaches critical levels
• Bullish Breakout Alert: Triggers on confirmed bullish breakout
• Bearish Breakout Alert: Triggers on confirmed bearish breakout
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⚠️ DISCLAIMER
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This indicator is designed as a technical analysis tool to identify consolidation patterns and anticipate potential breakout directions. No indicator can predict the future with certainty. The displayed SL/TP levels are suggestions based on mathematical calculations, not guarantees.
This indicator is for educational and analytical purposes only. It does not constitute financial, investment, or trading advice. Use it in conjunction with your own strategy and risk management. Neither TradingView nor the developer is liable for any financial decisions or losses.
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مفاعل الطاقة الكامنة | Latent Energy Reactor
🔬 الفلسفة
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تعمل الأسواق في دورات من الضغط والتمدد. قبل كل حركة سعرية كبيرة، توجد فترة يصل فيها المشترون والبائعون إلى توازن مؤقت — منطقة تجميع حيث تتراكم الطاقة مثل الضغط المتراكم في مفاعل.
صُمم مفاعل الطاقة الكامنة لتحديد هذه المناطق الحرجة، وقياس الطاقة المتراكمة داخلها، والتنبؤ باتجاه الاختراق الحتمي.
يحوّل هذا المؤشر المفهوم المجرد لـ "طاقة السوق" إلى نظام قابل للقياس والعرض البصري يمكن للمتداولين استخدامه لتوقع فرص الاختراق عالية الاحتمالية.
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🎯 حالات الصندوق الثلاث
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فهم حالات الصندوق الثلاث ضروري للتفسير الصحيح:
📦 الحالة الأولى: المنطقة النشطة (الصندوق الرمادي)
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الخصائص البصرية:
• اللون: رمادي/محايد مع تأثير عمق ثلاثي الأبعاد
• يمتد إلى الحافة اليمنى للرسم البياني (إسقاط مستقبلي)
• يحتوي على خطوط الضغط (خطوط أفقية منقطة بالداخل)
• يعرض خط مركز الثقل (خط متقطع يُظهر المركز المرجح بالحجم)
• شريط تقدم الطاقة أسفل الصندوق
• تظهر لوحة المعلومات الفورية على الشاشة
ماذا يعني:
الصندوق الرمادي يمثل منطقة تجميع حَيّة تتشكل حالياً. السعر محتوى داخل الحدود، والطاقة تتراكم بنشاط. هذه هي "مرحلة الانتظار" حيث المفاعل يشحن.
ما يجب مراقبته:
• نسبة الطاقة تصعد نحو المستويات الحرجة (80%+)
• موقع مركز الثقل (النصف العلوي = ميل صعودي، النصف السفلي = ميل هبوطي)
• عدد الرفض العلوي والسفلي في لوحة المعلومات
• تقدم المرحلة (تشكّل ← نمو ← نضج ← إرهاق)
نهج التداول:
لا تتداول داخل الصندوق الرمادي. هذه مرحلة الإعداد. راقب مستويات الطاقة والاتجاه المتوقع، لكن انتظر التأكيد.
📦 الحالة الثانية: صندوق الاختراق الصعودي (الصندوق الأخضر)
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الخصائص البصرية:
• اللون: أخضر مع تأثير عمق ثلاثي الأبعاد
• حدود الصندوق ثابتة الآن (لم تعد تمتد لليمين)
• يعرض نص "شراء" أو "BUY" في منتصف الصندوق
• يظهر خط وقف الخسارة أسفل الصندوق (برتقالي)
• تظهر ثلاثة خطوط أهداف فوق الصندوق (فيروزي)
• خط الدخول عند الحد العلوي للصندوق (أبيض متقطع)
ماذا يعني:
الصندوق الأخضر يشير إلى اختراق صعودي مُؤَكَّد. كسر السعر فوق الحد العلوي لمنطقة التجميع، محرراً الطاقة المتراكمة للأعلى.
الحسابات التلقائية المعروضة:
• سعر الدخول: الحد العلوي للصندوق
• وقف الخسارة: الحد السفلي ناقص حاجز ATR
• الهدف 1: الدخول + (المخاطرة × 1.0) — نسبة مكافأة 1:1
• الهدف 2: الدخول + (المخاطرة × 1.5) — نسبة مكافأة 1.5:1
• الهدف 3: الدخول + (المخاطرة × 2.0) — نسبة مكافأة 2:1
نهج التداول:
فكر في صفقات شراء مع مستويات وقف الخسارة والأهداف المعروضة كإرشادات. كلما ارتفع مستوى الطاقة ودرجة جودة الاختراق قبل الكسر، كانت الإشارة أكثر موثوقية.
📦 الحالة الثالثة: صندوق الاختراق الهبوطي (الصندوق الأحمر)
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الخصائص البصرية:
• اللون: أحمر مع تأثير عمق ثلاثي الأبعاد
• حدود الصندوق ثابتة الآن
• يعرض نص "بيع" أو "SELL" في منتصف الصندوق
• يظهر خط وقف الخسارة فوق الصندوق (برتقالي)
• تظهر ثلاثة خطوط أهداف أسفل الصندوق (فيروزي)
• خط الدخول عند الحد السفلي للصندوق (أبيض متقطع)
ماذا يعني:
الصندوق الأحمر يشير إلى اختراق هبوطي مُؤَكَّد. كسر السعر تحت الحد السفلي لمنطقة التجميع، محرراً الطاقة المتراكمة للأسفل.
الحسابات التلقائية المعروضة:
• سعر الدخول: الحد السفلي للصندوق
• وقف الخسارة: الحد العلوي زائد حاجز ATR
• الهدف 1: الدخول - (المخاطرة × 1.0) — نسبة مكافأة 1:1
• الهدف 2: الدخول - (المخاطرة × 1.5) — نسبة مكافأة 1.5:1
• الهدف 3: الدخول - (المخاطرة × 2.0) — نسبة مكافأة 2:1
نهج التداول:
فكر في صفقات بيع مع مستويات وقف الخسارة والأهداف المعروضة كإرشادات. الإعدادات الأقوى لديها طاقة ودرجات جودة أعلى قبل الاختراق.
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⚛️ نظام حساب الطاقة
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تُحسب نسبة الطاقة (0-100%) باستخدام أربعة عوامل:
درجة الضغط (حتى 40 نقطة)
تقيس مدى ضيق النطاق نسبة للتقلب الطبيعي (ATR). ضغط أشد = تخزين طاقة أعلى.
درجة الوقت (حتى 35 نقطة)
فترات التجميع الأطول تراكم طاقة أكثر. كل شمعة تضيف للدرجة حتى الحد الأقصى.
مكافأة النضج (حتى 15 نقطة)
المناطق التي تصل لمراحل النضج تحصل على نقاط طاقة إضافية، اعترافاً بأن التجميعات الممتدة غالباً تنتج اختراقات أقوى.
مكافأة الضيق (حتى 10 نقاط)
نقاط إضافية تُمنح عندما يكون ارتفاع النطاق صغيراً استثنائياً نسبة لـ ATR.
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📊 نظام مركز الثقل
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كيف يعمل:
مركز الثقل هو متوسط السعر المرجح بالحجم داخل منطقة التجميع. يكشف أين يتركز معظم النشاط التداولي (وبالتالي الاهتمام المؤسسي).
التفسير:
• مركز الثقل في النصف العلوي ← المؤسسات تجمّع ← ميل صعودي
• مركز الثقل في النصف السفلي ← المؤسسات توزّع ← ميل هبوطي
• مركز الثقل في المنتصف ← محايد/غير مؤكد
العرض البصري:
خط متقطع مع رمز ⚖️ يحدد مركز الثقل داخل المناطق النشطة. لون الخط يطابق الميل الاتجاهي.
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🏦 كشف البصمة المؤسسية
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ما يقيسه:
يفحص المؤشر الشذوذات الحجمية — شموع حجمها يتجاوز المتوسط بشكل كبير بينما يبقى السعر محتوى داخل المنطقة.
لماذا هذا مهم:
الحجم الكبير بدون حركة سعرية غالباً يشير إلى لاعبين مؤسسيين يبنون مراكز. لا يمكنهم تجميع أو توزيع كميات كبيرة بدون ترك "بصمة" في بيانات الحجم.
تفسير الدرجة:
• أقل من 30%: نشاط تجزئة عادي
• 30-50%: بعض الاهتمام المؤسسي مكتشف
• فوق 50%: بصمة مؤسسية كبيرة (تُحدد بأيقونة 🏦)
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📈 مراحل النضج
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⚒ مرحلة التشكّل
المنطقة تم تحديدها للتو. الطاقة منخفضة، والنمط يحتاج وقتاً أكثر للتطور. الاختراقات المبكرة خلال هذه المرحلة لديها معدلات فشل أعلى.
📈 مرحلة النمو
المنطقة تتطور بشكل جيد. الطاقة تتراكم، ونمط التجميع يصبح أكثر تحديداً. راقب زيادة عدد الرفض عند الحدود.
✅ مرحلة النضج
مرحلة التداول المثلى. المنطقة راكمت طاقة كبيرة، البصمات المؤسسية غالباً مرئية، ودرجات جودة الاختراق عادة في أعلى مستوياتها.
⚠ مرحلة الإرهاق
المنطقة استمرت أطول من المدة النموذجية. بينما تبقى الطاقة مرتفعة، قد يفقد النمط قوته التنبؤية.
═════════════════════════════════════════════════════════════
🎨 دليل العناصر البصرية
═════════════════════════════════════════════════════════════
تأثير الصندوق ثلاثي الأبعاد
العرض ثلاثي الأبعاد يخلق عمقاً بصرياً مع وجه علوي ووجه جانبي، مما يجعل الصناديق بارزة بوضوح. قابل للتعديل عبر إعدادات "عمق 3D" و"ارتفاع 3D %".
خطوط الضغط
خطوط أفقية منقطة داخل المناطق النشطة تصور توزيع الضغط الداخلي. الخطوط الأقرب لمركز الثقل أكثر وضوحاً.
شريط تقدم الطاقة
شريط أفقي أسفل كل منطقة يُظهر مستوى الطاقة بصرياً. اللون يتدرج: أخضر (منخفض) ← أصفر (متوسط) ← برتقالي (مرتفع) ← أحمر (حرج).
تحذير الاختراق الوشيك
عندما تصل الطاقة للعتبة الحرجة (افتراضياً 80%)، يظهر تحذير "⚠ كسر وشيك!" فوق المنطقة النشطة.
لوحة المعلومات
جدول فوري يعرض: مستوى الطاقة، المرحلة، التوقع، جودة الاختراق، البصمة المؤسسية، الرفض العلوي/السفلي.
═════════════════════════════════════════════════════════════
📊 قراءة الإشارات
═════════════════════════════════════════════════════════════
مستويات الطاقة:
• أقل من 40%: طاقة منخفضة — الاختراق غير مرجح قريباً
• 40-60%: طاقة متوسطة — المنطقة في طور التطور
• 60-80%: طاقة مرتفعة — استعد لاختراق محتمل
• فوق 80%: طاقة حرجة — الاختراق وشيك
درجة جودة الاختراق:
• أقل من 50%: إعداد ضعيف — خطر اختراق كاذب أعلى
• 50-70%: إعداد متوسط — تقدم بحذر
• فوق 70%: إعداد قوي — صفقة عالية الاحتمالية
ثقة الاتجاه:
• أقل من 55%: محايد — انتظر إشارات أوضح
• 55-70%: ثقة متوسطة
• فوق 70%: توقع عالي الثقة
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⚙️ الإعدادات الموصى بها
═════════════════════════════════════════════════════════════
للمضاربة السريعة (1-15 دقيقة):
الحد الأدنى للشموع: 10-15 | فترة ATR: 10 | مضاعف ATR: 2.0
للتداول اليومي (15 دقيقة - ساعة):
الحد الأدنى للشموع: 15-20 | فترة ATR: 14 | مضاعف ATR: 2.5
للتداول المتأرجح (4 ساعات - يومي):
الحد الأدنى للشموع: 20-30 | فترة ATR: 20 | مضاعف ATR: 3.0
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🔔 التنبيهات
═════════════════════════════════════════════════════════════
• تنبيه منطقة جديدة: يُفعّل عند تشكّل منطقة تجميع جديدة
• تنبيه اختراق وشيك: يُفعّل عند وصول الطاقة لمستويات حرجة
• تنبيه اختراق صعودي: يُفعّل عند تأكيد كسر صعودي
• تنبيه اختراق هبوطي: يُفعّل عند تأكيد كسر هبوطي
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⚠️ إخلاء المسؤولية
═════════════════════════════════════════════════════════════
هذا المؤشر مصمم كأداة تحليل فني لتحديد أنماط التجميع وتوقع اتجاهات الاختراق المحتملة. لا يمكن لأي مؤشر التنبؤ بالمستقبل بيقين. مستويات وقف الخسارة والأهداف المعروضة هي اقتراحات مبنية على حسابات رياضية، وليست ضمانات.
هذا المؤشر لأغراض تعليمية وتحليلية فقط. لا يُمثل نصيحة مالية أو استثمارية أو تداولية. استخدمه بالتزامن مع استراتيجيتك الخاصة وإدارة المخاطر. لا يتحمل TradingView ولا المطور مسؤولية أي قرارات مالية أو خسائر.
Momentum Day Trading ToolkitMomentum Day Trading Toolkit
Complete User Guide
Table of Contents
Overview
Quick Start
The Dashboard
Module 1: 5 Pillars Screener
Module 2: Gap & Go
Module 3: Bull Flag / Flat Top
Module 4: Float Rotation
Module 5: R2G / G2R
Module 6: Micro Pullback
Signal Reference
Quality Score
Settings Guide
Alerts Setup
Trading Workflows
Troubleshooting
Overview
The Momentum Day Trading Toolkit combines 6 powerful indicators into one unified system for day trading momentum stocks.
ModulePurpose① 5 PillarsConfirms stock is "in play"② Gap & GoPre-market levels & gap analysis③ Bull Flag / Flat TopClassic breakout patterns④ Float RotationMeasures true interest level⑤ R2G / G2RTracks prior close crosses⑥ Micro PullbackPrecision continuation entries
All modules work together - the dashboard shows you everything at a glance, and you can enable/disable any module you don't need.
Quick Start
Step 1: Add to Chart
Add the indicator to any stock chart
Recommended timeframes: 1-minute, 5-minute, or 15-minute
Step 2: Check the Dashboard (Top Right)
Look for:
Status = Current state (Scanning, Entry Signal, etc.)
Quality Score = Setup rating out of 10
Green checkmarks (✓) = Criteria passing
Step 3: Watch for Entry Signals
Triangles, circles, diamonds below bars = Entry signals
Arrows = R2G/G2R crosses
Step 4: Set Alerts
Right-click chart → Add Alert
Select "Momentum Day Trading Toolkit"
Choose your alert condition
The Dashboard
The dashboard in the top-right corner gives you instant analysis:
┌─────────────────────────────┐
│ MOMENTUM TOOLKIT │
├─────────────────────────────┤
│ Status │ 🎯 ENTRY SIGNAL │
│ Day │ 🟢 GREEN │
│ Gap │ +8.5% 🔥 │
│ RVol │ 3.2x ✓ │
│ Rotation │ 1.45x 🔥 │
│ Float │ 5.2M 🔥 │
│ Change │ +12.3% ✓ │
│ Pattern │ BULL FLAG! │
│ EMA 9/20 │ Above Both ✓ │
│ VWAP │ Above ✓ │
│ Prior Cl │ 5.91 │
│ PM High │ 9.11 ✓ │
│ Price │ 9.46 ✓ │
└─────────────────────────────┘
Dashboard Row Reference
RowWhat It ShowsGood ValuesStatusCurrent state🎯 ENTRY SIGNALDayGreen/Red vs prior close🟢 GREENGapGap % from prior close🔥 (5%+) or 🔥🔥 (10%+)RVolRelative volume✓ (2x+) or ✓✓ (5x+)RotationFloat rotation🔥 (1x) or 🔥🔥 (2x+)FloatFloat in millions🔥 (<5M) or Low (<10M)ChangeDaily % change✓ (meets minimum)PatternPattern statusBREAKOUT!EMA 9/20Trend positionAbove Both ✓VWAPVWAP positionAbove ✓Prior CloseKey R2G levelReference pricePM HighPre-market high✓ = Above itPriceCurrent price✓ = In range
Status Messages
StatusMeaningActionScanning...Looking for setupsWait✅ ALL PILLARSStock qualifiesWatch for pattern⏳ PATTERN FORMINGSetup developingGet ready🎯 ENTRY SIGNALSignal triggeredExecute trade
Module 1: 5 Pillars Screener
What It Does
Confirms the stock meets basic criteria to be worth trading.
The 5 Pillars
PillarDefaultWhy It MattersRelative Volume2x+ (5x for "strong")Confirms unusual interestDaily Change5%+Stock is movingPrice Range$1-$20Sweet spot for momentumFloat Size<20M sharesLower float = bigger moves
Visual Indicator
Green background appears when ALL pillars pass
Dashboard Shows
Individual pillar status with ✓ checkmarks
Quality score includes pillar factors
Settings
SettingDefaultDescriptionMin RVol2.0xMinimum relative volumeStrong RVol5.0xVolume for full qualificationMin Change5%Minimum daily moveMin Price$1Minimum stock priceMax Price$20Maximum stock priceMax Float20MMaximum float size
Module 2: Gap & Go
What It Does
Analyzes pre-market gaps and displays key price levels.
Key Levels Displayed
LevelColorDescriptionPrior CloseOrangeYesterday's close - THE key levelPM HighGreenPre-market high - breakout levelPM LowRedPre-market low - support
Gap Classification
Gap SizeRatingMeaning5-9.9%🔥 QualifyingWorth watching10%+🔥🔥 StrongHigh priority
Entry Signal
Small green triangle = PM High Breakout
How to Trade
Stock gaps up in pre-market
Wait for market open
Look for break above PM High
Enter on breakout with stop below PM Low
Settings
SettingDefaultDescriptionMin Gap %5%Qualifying gap thresholdStrong Gap %10%Strong gap thresholdShow PM LevelsONDisplay PM high/low lines
Module 3: Bull Flag / Flat Top
What It Does
Detects classic continuation patterns and signals breakouts.
Bull Flag Pattern
▲ BREAKOUT (Entry Signal)
│
┌────┴────┐
│ Pullback │ ← 2-5 red candles
│ (flag) │ Max 50% retrace
└─────────┘
│
┌────┴────┐
│ Pole │ ← 3+ green candles
│ (move) │ Strong momentum
└─────────┘
Flat Top Pattern
═══════════════ Resistance (2+ touches)
│
▲ BREAKOUT above resistance
Entry Signals
SignalShapeColorPatternBull Flag Breakout▲ TriangleLimeFlag breaks upFlat Top Breakout◆ DiamondAquaResistance breaks
How to Trade Bull Flag
See 3+ green candles (the pole)
Price pulls back 2-5 red candles
Pullback stays above 50% of move
Enter on break above pullback high
Stop below pullback low
Settings
SettingDefaultDescriptionMin Pole Candles3Green candles neededMax Pullback5Max red candles allowedMax Retrace50%Max pullback depthFT Touches2Resistance touches neededFT Lookback10Bars to check for resistance
Module 4: Float Rotation
What It Does
Tracks how many times the entire float has traded hands today.
The Formula
Rotation = Cumulative Day Volume ÷ Float
Rotation Levels
RotationEmojiMeaning0.5x—Half float traded1.0x🔥FULL rotation - significant!2.0x🔥🔥Double rotation - extreme3.0x+🔥🔥🔥Triple rotation - rare event
Why It Matters
High rotation = Extreme interest
Everyone who owns shares has likely traded
Often precedes explosive moves
Shows "real" demand beyond just volume
Dashboard Shows
Current rotation level
Fire emojis for milestones
Settings
SettingDefaultDescriptionFloat SourceAutoAuto-detect or manualManual Float10MIf auto fails, use thisAlert Level1.0xAlert when rotation hits this
Module 5: R2G / G2R
What It Does
Tracks when price crosses the prior day's close - a key psychological level.
Red to Green (R2G) 🟢
Prior Close ─────────────────
↗ CROSS TO GREEN
↗
(opened red)
Stock opened below prior close (red)
Crosses above prior close (green)
BULLISH signal
Green to Red (G2R) 🔴
(opened green)
↘
↘ CROSS TO RED
Prior Close ─────────────────
Stock opened above prior close (green)
Crosses below prior close (red)
BEARISH signal
Entry Signals
SignalShapeColorMeaningR2G↑ ArrowLimeCrossed to greenG2R↓ ArrowRedCrossed to red
Why R2G Matters
Bears who shorted get squeezed
Creates FOMO buying
Prior close becomes support
Momentum often continues
Dashboard Shows
Current day status (🟢 GREEN / 🔴 RED)
Whether R2G or G2R occurred (R2G ✓ or G2R ✓)
Settings
SettingDefaultDescriptionRequire Opposite OpenONR2G needs red openShow Prior CloseONDisplay the line
Module 6: Micro Pullback
What It Does
Finds precision entries on brief 1-3 candle pullbacks after strong moves.
The Pattern
▲ ENTRY (break pullback high)
│
┌──┴───┐
│ 1-3 │ ← Micro pullback (brief!)
│ red │ Stop = low of this
└──────┘
│
┌──┴───┐
│ 3+ │ ← Strong move
│green │ Momentum building
└──────┘
Why Micro Pullbacks Work
Tight stop = Pullback low is close
Momentum intact = Only paused briefly
Early entry = Catch continuation early
Clear trigger = Break of pullback high
Entry Signal
SignalShapeColorMicro Pullback Entry● CircleYellow
How to Trade
See 3+ green candles (strong move)
1-3 red candles (brief pause)
Pullback stays above 50% retrace
Enter when green candle breaks pullback high
Stop at pullback low
Settings
SettingDefaultDescriptionMin Green Candles3Candles before pullbackMax Pullback3Max red candlesMax Retrace50%Max pullback depth
Signal Reference
All Entry Signals (Below Bar)
ShapeColorSignalModule▲ Large TriangleLimeBull Flag BreakoutPatterns◆ DiamondAquaFlat Top BreakoutPatterns● CircleYellowMicro Pullback EntryMicro PB▲ Small TriangleGreenPM High BreakoutGap & Go↑ ArrowLimeRed to GreenR2G/G2R
Warning Signals (Above Bar)
ShapeColorSignalModule↓ ArrowRedGreen to RedR2G/G2R
Optional Forming Signals (Disabled by Default)
ShapeColorSignal🚩 FlagFaded LimeBull Flag Forming● CircleFaded YellowMicro PB Forming
Enable "Show 'Forming' Markers" in settings to see these
Quality Score
The quality score (0-10) rates the overall setup strength.
Scoring Breakdown
FactorPointsRVol 5x++2RVol 2x++1Daily change 5%++1Low float (<20M)+1Strong gap (10%+)+2Qualifying gap (5%+)+1Rotation 1x++2Rotation 0.5x++1Above EMA 20+1
Score Interpretation
ScoreGradeAction8-10A+Best setups - full position6-7AGood setups - standard size4-5BAverage - reduced size0-3CWeak - skip or paper trade
Settings Guide
Module Toggles
Turn each module ON/OFF:
SettingDefaultDescription① 5 Pillars ScreenerONStock qualification② Gap & Go AnalysisONGap & level analysis③ Bull Flag / Flat TopONPattern detection④ Float RotationONRotation tracking⑤ R2G / G2R TrackerONPrior close crosses⑥ Micro PullbackONPullback entries
Visual Settings
SettingDefaultDescriptionShow DashboardONDisplay info tableTable SizeNormalSmall/Normal/LargeShow Entry SignalsONDisplay entry shapesShow 'Forming' MarkersOFFShow pattern formingShow Key LevelsONPrior close, PM levelsShow EMA 9/20ONTrend EMAsShow VWAPONVWAP line
Recommended Presets
Minimal (Clean Chart)
Show Dashboard: ON
Show Entry Signals: ON
Show 'Forming' Markers: OFF
Show Key Levels: OFF
Show EMA: OFF
Show VWAP: OFF
Standard (Balanced)
All defaults
Full Analysis
All settings ON
Alerts Setup
Available Alerts
AlertTriggerAny Bullish EntryAny entry signal firesBull Flag BreakoutBull flag breaks outFlat Top BreakoutFlat top breaks outMicro Pullback EntryMicro PB triggersPM High BreakoutBreaks above PM highRed to GreenR2G crossGreen to RedG2R crossFloat RotationHits rotation level5 Pillars PassAll pillars qualifyPattern FormingPattern starts formingHigh Quality EntryEntry with score 7+/10
How to Set Alerts
Right-click on chart
Select "Add Alert"
Condition: "Momentum Day Trading Toolkit"
Select alert type from dropdown
Set expiration and notifications
Click "Create"
Recommended Alerts
For Active Trading:
Any Bullish Entry
High Quality Entry
For Watchlist Monitoring:
5 Pillars Pass
Float Rotation
Trading Workflows
Workflow 1: Full Qualification
Step 1: 5 PILLARS
└─→ Wait for "✅ ALL PILLARS" status
Step 2: CHECK SETUP
└─→ Quality score 6+?
└─→ Above EMA and VWAP?
Step 3: WAIT FOR ENTRY
└─→ Bull Flag, Flat Top, or Micro PB signal
Step 4: EXECUTE
└─→ Enter on signal
└─→ Stop below pattern low
└─→ Target 2:1 minimum
Workflow 2: Gap & Go
Step 1: PRE-MARKET
└─→ Stock gaps 5%+ (shows in Gap row)
Step 2: MARKET OPEN
└─→ Note PM High level (green line)
Step 3: WAIT FOR BREAK
└─→ PM High Breakout signal (small triangle)
Step 4: CONFIRM
└─→ R2G if opened red (double confirmation)
└─→ RVol 2x+
Step 5: EXECUTE
└─→ Enter on PM High break
└─→ Stop below PM Low
Workflow 3: Micro Pullback Scalp
Step 1: FIND MOMENTUM
└─→ Stock moving, 3+ green candles
Step 2: WAIT FOR PAUSE
└─→ 1-3 red candles (brief pullback)
Step 3: ENTRY
└─→ Yellow circle signal appears
Step 4: QUICK TRADE
└─→ Enter at signal
└─→ Tight stop at pullback low
└─→ Quick target (1:1 to 2:1)
Troubleshooting
Q: Lines are moving/jumping on real-time chart?
A: This was fixed in latest version. Make sure you have the newest code. Lines now lock in place at market open.
Q: Too many signals, chart is cluttered?
A:
Turn off "Show 'Forming' Markers"
Disable modules you don't need
Use "Minimal" visual preset
Q: No signals appearing?
A:
Check if "Show Entry Signals" is ON
Make sure relevant module is enabled
Stock may not meet pattern criteria
Q: Dashboard shows wrong float?
A:
TradingView float data isn't available for all stocks
Switch Float Source to "Manual"
Enter correct float in millions
Q: PM High/Low not showing?
A:
Only appears during market hours
Needs pre-market data to calculate
Check if "Show Key Levels" is ON
Q: Quality score seems wrong?
A:
Score updates in real-time
Check individual factors in dashboard
RVol and rotation change throughout day
Q: Alert not triggering?
A:
Make sure alert is set on correct symbol
Check alert hasn't expired
Verify condition is set correctly
Quick Reference Card
Entry Signals
▲ Lime Triangle = Bull Flag Breakout
◆ Aqua Diamond = Flat Top Breakout
● Yellow Circle = Micro Pullback
▲ Green Triangle = PM High Break
↑ Lime Arrow = R2G (bullish)
↓ Red Arrow = G2R (bearish)
Dashboard Quick Read
🎯 = Entry signal active
✅ = All pillars pass
🟢 = Day is green
🔥 = Strong (gap/rotation)
✓ = Criteria met
✗ = Criteria failed
Quality Score
8-10 = A+ (Best)
6-7 = A (Good)
4-5 = B (Average)
0-3 = C (Weak)
Key Levels
Orange Line = Prior Close (R2G level)
Green Line = PM High (breakout level)
Red Line = PM Low (support)
Purple Line = VWAP
Yellow/Orange = EMA 9/20
Happy Trading! 🎯📈
For questions or issues, use TradingView's comment section on the indicator page.
Darvas Lines/Box1. Overview
The Darvas Lines/Box (v1.0) is a dynamic trend following indicator based on the renowned method developed by Nicolas Darvas. It's designed to identify clear price consolidation ranges and detect decisive breakouts, crucial for positional and swing trading strategies.
This indicator automatically draws and adjusts the consolidation ranges, and includes modern enhancements such as Advanced Retest Confirmation and exposed alert conditions, providing reliable signals for monitoring and acting on trend continuations.
2. Core Features
Custom Display Mode (Lines/Box): Allows the user to toggle the visualization between showing just the Breakout Lines (Lines) or displaying the consolidation area with a filled background box (Box).
Source Selection (Wicks/Body): Users can choose whether the box boundaries are defined by the candlestick wicks (price extremes) or the candlestick body (open/close price). This feature is critical for adjusting sensitivity to market noise.
Dynamic Box Drawing: Draws Darvas boxes automatically by tracking price highs and lows based on user-defined parameters (Bars to Define Range, Max Box Height).
Retest Confirmation: Detects if the old resistance/support line functions effectively after a breakout. When a retest is confirmed, the line is extended and its color changes.
Price Labels (Stable Lock): Displays the highest and lowest box prices, fixed to the left outer edge of the box. This ensures stable visibility.
Progress Labels: Visualizes the current line price and the percentage distance to the closing price on the right side of the box, showing progress toward the next breakout.
3. Trading Strategy: How to Use the Indicator
This indicator is primarily used to identify trend initiation and trend continuation signals.
A. Entry Strategy (Breakout)
Long Entry Action: Consider taking a long entry when the price closes above the Upper Line (Green Line), signaled by a BULLISH BREAKOUT alert.
Signal: Use the BULLISH BREAKOUT alert.
Short Entry Action: Consider taking a short entry when the price closes below the Lower Line (Red Line), signaled by a BEARISH BREAKOUT alert.
Signal: Use the BEARISH BREAKOUT alert.
B. Retest Strategy (Add-on/Confirmation)
Action: When the price pulls back to touch the broken line (signaled by RETEST CONFIRMED), this confirms the break's validity.
Alert: The RETEST CONFIRMED alert is triggered at this moment.
C. Risk Management (General)
Stop Loss: The initial stop-loss is typically set just beyond the opposite side of the broken box. As the trend progresses and new boxes form, the lower boundary of the most recently formed box can be used as a trailing stop for managing risk.
4. Setting Parameters
Line Source (Wicks/Body): Crucial for sensitivity. 'Wicks' tracks price extremes; 'Body' tracks stronger close-to-close movements, ignoring noise.
Bars to Define Range: Defines the calculation period (in bars) for the box.
Cooldown Bars After Breakout: Sets the waiting period after a breakout before a new box can start forming.
Retest Lookback Bars (Phase 3): Sets the maximum number of bars to check for a retest during the cooldown phase.
Max Gap for Retest (%): Defines the maximum percentage distance from the line allowed to confirm a retest (Set to Zero (0.0%) for near-touch detection).
Alert Frequency (Breakout): Allows selection between Continuous and Once per Box for breakout signals.
5. Alerts: How to Set Up the Triggers
This indicator exposes several specific conditions to the TradingView alert panel, allowing you to select the exact event you want to monitor.
Step-by-Step Alert Setup:
Open the Alert Panel on the chart.
In the Condition field, select the indicator's name.
In the Alert Condition field, choose the specific event you want to monitor:
1. ANY DARVAS EVENT (Consolidated)
2. BULLISH BREAKOUT (Individual)
3. BEARISH BREAKOUT (Individual)
4. RETEST CONFIRMED (Individual)
In the Trigger field (Frequency), select your preferred native option (e.g., "Once Per Bar Close" or "Once per bar").
Smart Volatility Squeeze + Trend Filter📌 Purpose
This indicator detects volatility squeeze conditions when Bollinger Bands contract inside Keltner Channels and signals potential breakout opportunities.
It also includes an optional EMA-based trend filter to align signals with the dominant market direction.
🧠 How It Works
1. Squeeze Condition
Bollinger Bands (BB): Length = 20, StdDev = 2.0 (default)
Keltner Channels (KC): EMA Length = 20, ATR Multiplier = 1.5 (default)
Squeeze ON: Occurs when BB Upper < KC Upper and BB Lower > KC Lower (low volatility zone).
2. Breakout Signals
Long Breakout: Price crosses above BB Upper after squeeze.
Short Breakout: Price crosses below BB Lower after squeeze.
3. Trend Filter (optional)
EMA(50) used to confirm breakout direction:
Long signals allowed only if price > EMA(50)
Short signals allowed only if price < EMA(50)
Toggle Use Trend Filter to enable/disable.
4. Visual & Alerts
Green circle at chart bottom indicates Squeeze ON.
Green/Red triangles mark breakouts.
Background gradually brightens during squeeze buildup.
Alerts available for long and short breakouts.
📈 How to Use
Look for Squeeze ON → then wait for breakout arrows.
Trade in breakout direction, preferably with trend filter ON.
Works best on higher timeframes (1h, 4h, D) and trending markets.
Markets: Crypto, Forex, Stocks — effective in volatile assets.
⚙️ Inputs
BB Length / StdDev
KC EMA Length / ATR Multiplier
Use Trend Filter
Trend EMA Length
⚠️ Disclaimer
This script is for educational purposes only. It does not constitute financial advice.
Always test thoroughly before live trading.
Consolidation BoxesConsolidation Boxes — Indicator
Overview :
This indicator automatically detects and highlights periods of market consolidation, drawing shaded boxes around tight price ranges where the market is temporarily indecisive. It’s designed to help traders easily identify when price is moving sideways — a key phase that often precedes a breakout.
Key Features :
-Automatic Consolidation Detection: Recognizes when a series of candles close within a defined range and marks the area as a consolidation zone.
-Customizable Parameters: Set how many candles must consolidate before a box is drawn.
-Breakout Alerts: Notifies you when price breaks out above or below a consolidation box — a potential signal for trade entries.
-Clean Chart Management: Optional setting to automatically remove old zones when new consolidations form.
-Dynamic Box Extension: As long as price stays within the box, the zone will continue to extend until a breakout occurs.
Inputs :
- Minimum Consolidation Candles : Define how many candles must fit within a range to confirm a consolidation zone.
- Terminate Old Zones : Automatically delete the previous zone when a new one is formed (optional).
How to use :
1. Add the Indicator: Apply it to any chart — works across all timeframes and markets (e.g., crypto, stocks, forex).
2. Adjust Parameters: Choose how many candles must consolidate to form a valid box. Enable or disable zone termination to fit your preference.
3. Watch the Boxes: The indicator draws a shaded box once it detects a valid consolidation zone. The box will continue to extend as long as price stays within the range.
4. Look for Breakouts: When price breaks above or below the box, a breakout is confirmed and an alert (if enabled) will trigger — great for breakout trading strategies.
5. Use in Strategy: Combine with volume, momentum indicators, or price action to validate breakouts and filter false signals.
Ideal For :
Traders who want to visually identify consolidation areas and trade breakout setups with minimal manual analysis. Especially useful for scalpers, day traders, and swing traders looking to anticipate volatility after quiet periods.
8:15 AM 15-min Candle Box on 5-min Chart with TP and SLThe “8:15 AM 15-min Candle Box on 5-min Chart with TP and SL” indicator is a custom-built Pine Script tool for breakout trading strategies, particularly tailored for assets like NASDAQ Futures (NAS100) during the U.S. market pre-open.
🔍 What It Does:
Tracks the 8:15–8:30 AM Central Time (CDT) Candle:
It marks the high and low of the 15-minute candle that starts at 8:15 AM (CDT).
The box visually outlines this price range.
Draws a Breakout Box:
At 8:30 AM, a box is drawn from the 8:15 candle’s high and low.
The box stretches forward 8 hours into the session, helping you visualize price interaction with that range.
Detects Breakouts:
If the price closes above the high, it signals a buy breakout.
If it closes below the low, it signals a sell breakout.
Automatically Calculates TP and SL:
Take Profit (TP): 50 pips from the breakout level in the direction of the trade.
Stop Loss (SL): 40 pips in the opposite direction.
Pips are calculated using the symbol’s minimum tick size.
Color Feedback:
Box turns green on a buy breakout, red on a sell breakout.
If TP is reached, the box turns black.
If SL is hit, the box turns purple.
🧠 Why Use This Indicator:
Perfect for pre-market breakout traders who want a visual confirmation of price action around the U.S. market open.
Provides a clear entry range, trade direction, and risk/reward visual cue.
No manual drawing — everything is automated daily based on reliable timing.
Would you like a version with alerts or plotted TP/SL lines as well?
Market Structure Trend Targets [ChartPrime]The Market Structure Trend Targets indicator is designed to identify trend direction and continuation points by marking significant breaks in price levels. This approach helps traders track trend strength and potential reversal points. The indicator uses previous highs and lows as breakout triggers, providing a visual roadmap for trend continuation or mean reversion signals.
⯁ KEY FEATURES AND HOW TO USE
⯌ Breakout Points with Numbered Markers :
The indicator identifies key breakout points where price breaks above a previous high (for uptrends) or below a previous low (for downtrends). The initial breakout (zero break) is marked with the entry price and a triangle icon, while subsequent breakouts within the trend are numbered sequentially (1, 2, 3…) to indicate trend continuation.
Example of breakout markers for uptrend and downtrend:
⯌ Percentage Change Display Option :
Traders can toggle on a setting to display the percentage change from the initial breakout point to each subsequent break level, offering an easy way to gauge trend momentum over time. This is particularly helpful for identifying how far price has moved in the current trend.
Percentage change example between break points:
⯌ Dynamic Stop Loss Levels :
In uptrends, the stop loss level is placed below the price to protect against downside moves. In downtrends, it is positioned above the price. If the price breaches the stop loss level, the indicator resets, indicating a potential end or reversal of the trend.
Dynamic stop loss level illustration in uptrend and downtrend:
⯌ Mean Reversion Signals :
The indicator identifies potential mean reversion points with diamond icons. In an uptrend, if the price falls below the stop loss and then re-enters above it, a diamond is plotted, suggesting a possible mean reversion. Similarly, in a downtrend, if the price moves above the stop loss and then falls back below, it indicates a reversion possibility.
Mean reversion diamond signals on the chart:
⯌ Trend Visualization with Colored Zones :
The chart background is shaded to visually represent trend direction, with color changes corresponding to uptrends and downtrends. This makes it easier to see overall market conditions at a glance.
⯁ USER INPUTS
Length : Defines the number of bars used to identify pivot highs and lows for trend breakouts.
Display Percentage : Option to toggle between showing sequential breakout numbers or the percentage change from the initial breakout.
Colors for Uptrend and Downtrend : Allows customization of color zones for uptrends and downtrends to match individual chart preferences.
⯁ CONCLUSION
The Market Structure Trend Targets indicator offers a strategic way to monitor market trends, track breakouts, and manage risk through dynamic stop loss levels. Its clear visual representation of trend continuity, alongside mean reversion signals, provides traders with actionable insights for both trend-following and counter-trend strategies.
Dynamic Darvas BoxBu Darvas Box göstergesi, finansal piyasadaki potansiyel fiyat kırılımlarını hacimle birlikte analiz eden dinamik bir sistem sunar. Geliştirdiğiniz bu Pine Script, belirli bir "bakış aralığı" parametresi kullanarak geçmiş fiyat hareketlerinden yüksek ve düşük noktalar oluşturur ve bu seviyelerin kırılımını takip eder. Hacimli veya hacimsiz kırılımlar da ayrıca işaretlenir. Aşağıda hem Türkçe hem de İngilizce açıklamalar yer almakta:
Türkçe Açıklama:
Darvas Kutusu ve Hacim Kırılımı
Bu gösterge, fiyatların Darvas Kutusu mantığıyla analiz edilmesini sağlar ve kutunun kırılım seviyelerini hacimle birlikte değerlendirir.
Bakış Aralığı (bakis_araligi): Bu parametre, fiyatın geçmişte kaç bar geri giderek yeni bir yüksek veya düşük seviyenin tespit edilmesi gerektiğini belirler.
Hacim SMA (hacim_sma): Hacim için kullanılan basit hareketli ortalamanın (SMA) uzunluğunu belirler. Gösterge, hacim ortalamasının üzerinde veya altında olup olmadığını bu SMA değerine göre değerlendirir.
Kapanış Fiyatı ile Tamamlama (kapanis_kullan): Eğer bu seçenek aktifse, kutu kapanış fiyatı baz alınarak tamamlanır. Aksi takdirde, yüksek ve düşük seviyelerle tamamlanır.
Kırılım Fiyatını Göster (kirilim_goster): Hacim yetersiz olsa bile kırılım seviyesini etiketlemek için kullanılır.
Bu göstergede, yüksek bir fiyatın oluşması durumunda bir kutu başlatılır. Kutu, bakış aralığı boyunca yüksek ve düşük seviyeler ile onaylanır. Sonrasında, fiyatın kutu seviyesini kırıp kırmadığı izlenir. Eğer fiyat kutunun üzerine çıkarsa veya altına düşerse, hacim durumu kontrol edilerek bir "Hacimli Kırılım" veya "Hacimsiz Kırılım" etiketi gösterilir.
Kutu Arka Plan Renkleri: Kutu içerisindeki fiyat hareketinin durumu, renklerle gösterilir:
Yukarı Kırılım: Kutunun üst seviyesinin kırılması durumunda yeşil renk.
Aşağı Kırılım: Kutunun alt seviyesinin kırılması durumunda kırmızı renk.
Nötr: Kutu içinde tarafsız durum için sarı renk.
Ayrıca, kutunun orta hattı (orta_hat), yüksek ve düşük seviyelerin ortalamasını temsil eder ve fiyatın bu çizgiyi kaç kez kestiğini analiz etmek için kullanılabilir.
English Description:
Darvas Box and Volume Breakout
This indicator implements a dynamic Darvas Box strategy that tracks potential price breakouts in combination with volume analysis.
Lookback Period (bakis_araligi): This parameter defines how many bars back the price needs to look for determining a new high or low.
Volume SMA (hacim_sma): Specifies the length of the Simple Moving Average (SMA) for volume. The indicator uses this value to determine if volume is above or below average.
Completion with Closing Price (kapanis_kullan): If this option is enabled, the box is completed based on the closing price. Otherwise, the high and low prices are used for completion.
Show Breakout Price (kirilim_goster): This option is used to label the breakout price, even if the volume is below the average.
The indicator starts a box when a new high price is detected. The box is confirmed over the lookback period using high and low levels. The breakout levels are then monitored. If the price breaks above the upper or lower box boundary, it checks the volume condition and labels the breakout as either "Volume Breakout" or "Non-Volume Breakout."
Box Background Colors: The price movement within the box is represented with colors:
Upward Breakout: The background is green if the upper box boundary is broken.
Downward Breakout: The background is red if the lower boundary is broken.
Neutral: The background is yellow for neutral price movement within the box.
Additionally, the middle line (orta_hat) represents the average of the high and low levels and can be used to analyze how many times the price crosses this midline.
Price Action Analyst [OmegaTools]Price Action Analyst (PAA) is an advanced trading tool designed to assist traders in identifying key price action structures such as order blocks, market structure shifts, liquidity grabs, and imbalances. With its fully customizable settings, the script offers both novice and experienced traders insights into potential market movements by visually highlighting premium/discount zones, breakout signals, and significant price levels.
This script utilizes complex logic to determine significant price action patterns and provides dynamic tools to spot strong market trends, liquidity pools, and imbalances across different timeframes. It also integrates an internal backtesting function to evaluate win rates based on price interactions with supply and demand zones.
The script combines multiple analysis techniques, including market structure shifts, order block detection, fair value gaps (FVG), and ICT bias detection, to provide a comprehensive and holistic market view.
Key Features:
Order Block Detection: Automatically detects order blocks based on price action and strength analysis, highlighting potential support/resistance zones.
Market Structure Analysis: Tracks internal and external market structure changes with gradient color-coded visuals.
Liquidity Grabs & Breakouts: Detects potential liquidity grab and breakout areas with volume confirmation.
Fair Value Gaps (FVG): Identifies bullish and bearish FVGs based on historical price action and threshold calculations.
ICT Bias: Integrates ICT bias analysis, dynamically adjusting based on higher-timeframe analysis.
Supply and Demand Zones: Highlights supply and demand zones using customizable colors and thresholds, adjusting dynamically based on market conditions.
Trend Lines: Automatically draws trend lines based on significant price pivots, extending them dynamically over time.
Backtesting: Internal backtesting engine to calculate the win rate of signals generated within supply and demand zones.
Percentile-Based Pricing: Plots key percentile price levels to visualize premium, fair, and discount pricing zones.
High Customizability: Offers extensive user input options for adjusting zone detection, color schemes, and structure analysis.
User Guide:
Order Blocks: Order blocks are significant support or resistance zones where strong buyers or sellers previously entered the market. These zones are detected based on pivot points and engulfing price action. The strength of each block is determined by momentum, volume, and liquidity confirmations.
Demand Zones: Displayed in shades of blue based on their strength. The darker the color, the stronger the zone.
Supply Zones: Displayed in shades of red based on their strength. These zones highlight potential resistance areas.
The zones will dynamically extend as long as they remain valid. Users can set a maximum number of order blocks to be displayed.
Market Structure: Market structure is classified into internal and external shifts. A bullish or bearish market structure break (MSB) occurs when the price moves past a previous high or low. This script tracks these breaks and plots them using a gradient color scheme:
Internal Structure: Short-term market structure, highlighting smaller movements.
External Structure: Long-term market shifts, typically more significant.
Users can choose how they want the structure to be visualized through the "Market Structure" setting, choosing from different visual methods.
Liquidity Grabs: The script identifies liquidity grabs (false breakouts designed to trap traders) by monitoring price action around highs and lows of previous bars. These are represented by diamond shapes:
Liquidity Buy: Displayed below bars when a liquidity grab occurs near a low.
Liquidity Sell: Displayed above bars when a liquidity grab occurs near a high.
Breakouts: Breakouts are detected based on strong price momentum beyond key levels:
Breakout Buy: Triggered when the price closes above the highest point of the past 20 bars with confirmation from volume and range expansion.
Breakout Sell: Triggered when the price closes below the lowest point of the past 20 bars, again with volume and range confirmation.
Fair Value Gaps (FVG): Fair value gaps (FVGs) are periods where the price moves too quickly, leaving an unbalanced market condition. The script identifies these gaps:
Bullish FVG: When there is a gap between the low of two previous bars and the high of a recent bar.
Bearish FVG: When a gap occurs between the high of two previous bars and the low of the recent bar.
FVGs are color-coded and can be filtered by their size to focus on more significant gaps.
ICT Bias: The script integrates the ICT methodology by offering an auto-calculated higher-timeframe bias:
Long Bias: Suggests the market is in an uptrend based on higher timeframe analysis.
Short Bias: Indicates a downtrend.
Neutral Bias: Suggests no clear directional bias.
Trend Lines: Automatic trend lines are drawn based on significant pivot highs and lows. These lines will dynamically adjust based on price movement. Users can control the number of trend lines displayed and extend them over time to track developing trends.
Percentile Pricing: The script also plots the 25th percentile (discount zone), 75th percentile (premium zone), and a fair value price. This helps identify whether the current price is overbought (premium) or oversold (discount).
Customization:
Zone Strength Filter: Users can set a minimum strength threshold for order blocks to be displayed.
Color Customization: Users can choose colors for demand and supply zones, market structure, breakouts, and FVGs.
Dynamic Zone Management: The script allows zones to be deleted after a certain number of bars or dynamically adjusts zones based on recent price action.
Max Zone Count: Limits the number of supply and demand zones shown on the chart to maintain clarity.
Backtesting & Win Rate: The script includes a backtesting engine to calculate the percentage of respect on the interaction between price and demand/supply zones. Results are displayed in a table at the bottom of the chart, showing the percentage rating for both long and short zones. Please note that this is not a win rate of a simulated strategy, it simply is a measure to understand if the current assets tends to respect more supply or demand zones.
How to Use:
Load the script onto your chart. The default settings are optimized for identifying key price action zones and structure on intraday charts of liquid assets.
Customize the settings according to your strategy. For example, adjust the "Max Orderblocks" and "Strength Filter" to focus on more significant price action areas.
Monitor the liquidity grabs, breakouts, and FVGs for potential trade opportunities.
Use the bias and market structure analysis to align your trades with the prevailing market trend.
Refer to the backtesting win rates to evaluate the effectiveness of the zones in your trading.
Terms & Conditions:
By using this script, you agree to the following terms:
Educational Purposes Only: This script is provided for informational and educational purposes and does not constitute financial advice. Use at your own risk.
No Warranty: The script is provided "as-is" without any guarantees or warranties regarding its accuracy or completeness. The creator is not responsible for any losses incurred from the use of this tool.
Open-Source License: This script is open-source and may be modified or redistributed in accordance with the TradingView open-source license. Proper credit to the original creator, OmegaTools, must be maintained in any derivative works.
Smart Money Concept Strategy - Uncle SamThis strategy combines concepts from two popular TradingView scripts:
Smart Money Concepts (SMC) : The strategy identifies key levels in the market (swing highs and lows) and draws trend lines to visualize potential breakouts. It uses volume analysis to gauge the strength of these breakouts.
Smart Money Breakouts : This part of the strategy incorporates the idea of "Smart Money" – institutional traders who often lead market movements. It looks for breakouts of established levels with significant volume, aiming to catch the beginning of new trends.
How the Strategy Works:
Identification of Key Levels: The script identifies swing highs and swing lows based on a user-defined lookback period. These levels are considered significant points where price has reversed in the past.
Drawing Trend Lines: Trend lines are drawn connecting these key levels, creating a visual representation of potential support and resistance zones.
Volume Analysis: The script analyzes the volume during the formation of these levels and during breakouts. Higher volume suggests stronger moves and increases the probability of a successful breakout.
Entry Conditions:
Long Entry: A long entry is triggered when the price breaks above a resistance line with significant volume, and the moving average trend filter (optional) is bullish.
Short Entry: A short entry is triggered when the price breaks below a support line with significant volume, and the moving average trend filter (optional) is bearish.
Exit Conditions:
Stop Loss: Customizable stop loss percentages are implemented to protect against adverse price movements.
Take Profit: Customizable take profit percentages are used to lock in profits.
Credits and Compliance:
This strategy is inspired by the concepts and code from "Smart Money Concepts (SMC) " and "Smart Money Breakouts ." I've adapted and combined elements of both scripts to create this strategy. Full credit is given to the original authors for their valuable contributions to the TradingView community.
To comply with TradingView's House Rules, I've made the following adjustments:
Clearly Stated Inspiration: The description explicitly mentions the original scripts and authors as the inspiration for this strategy.
No Direct Copying: The code has been modified and combined, not directly copied from the original scripts.
Educational Purpose: The primary purpose of this strategy is for learning and backtesting. It's not intended as financial advice.
Important Note:
This strategy is intended for educational and backtesting purposes only. It should not be used for live trading without thorough testing and understanding of the underlying concepts. Past performance is not indicative of future results.
BreakoutTrendFollowingINFO:
The "BreakoutTrendFollowing" indicator is a comprehensive trading system designed for trend-following in various market environments. It combines multiple technical indicators, including Moving Averages (MA), MACD, and RSI,
along with volume analysis and breakout detection from consolidation, to identify potential entry points in trending markets. This strategy is particularly effective for assets that exhibit strong trends and significant price movements.
Note that using the consolidation filter reduces the amount of entries the strategy detects significantly, and needs to be used if we want to have an increased confidence in the trend via breakout.
However, the strategy can be easily transformed to various only trend-following strategies, by applying different filters and configurations.
The indicator can be used to connect to the Signal input of the TTS (TempalteTradingStrategy) by jason5480 in order to backtest it, thus effectively turning it into a strategy (instructions below in TTS CONNECTIVITY section)
DETAILS:
The strategy's core is built upon several key components:
Moving Average (MA): Used to determine the general trend direction. The strategy checks if the price is above the selected MA type and length.
MACD Filter: Analyzes the relationship between two moving averages to confirm the trend's momentum.
Consolidation Detection: Identifies periods of price consolidation and triggers trades on breakouts from these ranges.
Volume Analysis: Assesses trading volume to confirm the strength and validity of the breakout.
RSI: Used to avoid overbought conditions, ensuring trades are entered in favorable market situations.
Wick filters: make sure there is not a long wick that indicates selling pressure from above
The strategy generates buy signals when several conditions are met concurrently (each one of them can be individually enabled/disabled)"
The price is above the selected MA.
A breakout occurs from a configurable consolidation range.
The MACD line is above the signal line, indicating bullish momentum.
The RSI is below the overbought threshold.
There's an increase in trading volume, confirming the breakout's strength.
Currently the strategy fires SL signals, as the approach is to check for loss of momentum - i.e. crossunder of the MACD line and signal line, but that is to everyone to determine the exit conditions.
The buy and SL signals are set on the chart using green or orange triangles on the below/above the price action.
SETTINGS:
Users can customize various parameters, including MA type and period, MACD settings, consolidation length, and volume increase percentage. The strategy is equipped with alert conditions for both entry (buy signals) and exit (set stop loss) points, facilitating both manual and automated trading.
Each one of the technical indicators, as well as the consilidation range and breakout/wick settings can be configured and enabled/disabled individually.
Please thoroughly review the available settings of the script, but here is an outline of the most important ones:
Use bar wicks (instead of open/close) - the ref_high/low will be taken based on the bar wicks, rather than the open/close when determining the breakout and MA
Enter position only on green candles - additional filters to make sure that we enter only on strong momentum
MA Filter: (enable, source, type, length) - general settings for MA filter to be checked against the stock price (close or upper wick)
MACD Filter: (enable, source, Osc MA type, Signal MA type, Fast MA length, Slow MA length, Low MACD Hist) - detailed settings for fine MACD tuning
Consolidation:
Consolidation Type: we have two different ways of detecting the consolidation, note the types below.
CONSOLIDATION_BASIC - consolidation areas by looking for the pivot point of a trend and counts the number of bars that have not broken the consolidation high/low levels.
CONSOLIDATIO_RANGE_PERCENT - identifies consolidation by comparing the range between the highest and lowest price points over a specified period.
So in summary the CONSOLIDATIO_RANGE_PERCENT uses a percentage-based range to define consolidation, while CONSOLIDATION_BASIC uses a count of bars within a high-low range to establish consolidation.
Thus the former is more focused on the tightness of the price range, whereas the latter emphasizes the duration of the consolidation phase.
The CONSOLIDATIO_RANGE_PERCENT might be more sensitive to recent price movements and suitable for shorter-term analysis, while CONSOLIDATION_BASIC could be better for identifying longer-term consolidation patterns.
Min consolidation length - applicable for CONSOLIDATION_BASIC case, the min number of bars for the price to be in the range to consider consolidation
Consolidation Loopback period - applicable for CONSOLIDATION_BASIC case, the loopback number of bars to look for consolidation
Consolidation Range percent - applicable for CONSOLIDATIO_RANGE_PERCENT, the percent between the high and low in the range to consider consolidation
Plot consolidation - enables plotting of the consolidation (only for debug purposes)
Breakout: (enable, low, high) - the definition of the breakout from the previous consolidation range, the price should be between to determine the breakout as successfull
Upper wick: (enable, percent) - defines the percent of the upper wick compared to the whole candle to allow breakout (if the wick is too big part of the candle we can consider entering the position riskier)
RSI: (enable, length, overbought) - general settings for RSI TA
Volume (enbale, percentage increase, average volume filter en, loopback bars) - percentage of increase of the volume to consider for a breakout. There are two modes - percentage increase compared to the previous bar, or percentage against the average volume for the last loopback bars.
Note that there are many different configuration that you can play with, and I believe this is the strength of the strategy, as it can provide a single solution for different cases and scenarios.
My advice is to try and play with the different options for different markets based on the approach you want to implement and try turning features on/off and tuning them further.
TTS SETTINGS (NEEDED IF USED TO BACKTEST WITH TTS):
The TempalteTradingStrategy is a strategy script developed in Pine by jason5480, which I recommend for quick turn-around of testing different ideas on a proven and tested framework
I cannot give enough credit to the developer for the efforts put in building of the infrastructure, so I advice everyone that wants to use it first to get familiar with the concept and by checking
by checking jason5480's profile www.tradingview.com
The TTS itself is extremely functional and have a lot of properties, so its functionality is beyond the scope of the current script -
Again, I strongly recommend to be thoroughly explored by everyone that plans on using it.
In the nutshell it is a script that can be feed with buy/sell signals from an external indicator script and based on many configuration options it can determine how to execute the trades.
The TTS has many settings that can be applied, so below I will cover only the ones that differ from the default ones, at least according to my testing - do your own research, you may find something even better :)
The current/latest version that I've been using as of writing and testing this script is TTSv48
Settings which differ from the default ones:
Deal Conditions Mode - External (take enter/exit conditions from an external script)
🔌Signal 🛈➡ - BreakoutTrendFollowing: 🔌Signal to TTS (this is the output from the indicator script, according to the TTS convention)
Order Type - STOP (perform stop order)
Distance Method - HHLL (HigherHighLowerLow - in order to set the SL according to the strategy definition from above)
The next are just personal preferences, you can feel free to experiment according to your trading style
Take Profit Targets - 0 (either 100% in or out, no incremental stepping in or out of positions)
Dist Mul|Len Long/Short- 10 (make sure that we don't close on profitable trades by any reason)
Quantity Method - EQUITY (personal backtesting preference is to consider each backtest as a separate portfolio, so determine the position size by 100% of the allocated equity size)
Equity % - 100 (note above)
Scalp Tool
This script is primarily intended as a scalping tool.
The theory of the tool is based on the fact that the price always returns to its mean.
Elements used:
1. VWMA as a moving average. VWMA is calculated once based on source close and once based on source open.
2. the bands are not calculated like the Bollinger Band, but only a settlement is calculated for the lower bands based on the Lows and for the upper bands based on the Highs. Thus the bands do not become thicker or thinner, but remain in the same measure to the mean value above or below the price.
3. a volume filter on simple calculation of a MA with deviation. Therefore, it can be identified if a volume breakout has occurred.
4. support and resistance zones which are calculated based on the highs and lows over a certain length.
5. RSI to determine oversold and overbought zones. It also tries to capture the momentum by using a moving average (variable selectable) to filter the signals. The theory is that in an uptrend the RSI does not go below 50 and in a downtrend it does not go above 50.
However, this can be very different depending on the financial instrument.
Explanation of the signals:
The main signal in this indicator Serves for pure short-term trading and is generated purely on the basis of the bands and the RSI.
Only the first bands are taken into account.
Buy signal is generated when the price opens below the lower band 1 and closes above the lower band 1 or the RSI crosses a value of 25 from bottom to top.
Sell signal is generated when the price opens above the Upper Band 1 and closes below the Upper Band 1 or the RSI crosses a value of 75 from top to bottom.
The position should be closed when the price hits the opposite band. Alternatively, it can also be closed at the mean.
Other side signals:
1. breakouts:
The indicator includes 2 support and resistance zones, which differ only in length. For the breakout signals, the short version of the R/S is used. A signal is generated when the price breaks through the zones with increased volume. It is then assumed that the price will continue to follow the breakout.
The values of the S/R are adjustable and marked with "BK".
The value under Threshold 2 defines the volume breakout. 4 is considered as the highest value. The smaller the value, the smaller the volume must be during a breakout.
2. bounce
If the price hits a S/R (here the long variant is used with the designation "Support" or "Resistance") and makes a wick with small volume, the script assumes a bounce and generates a Sell or Buy signal accordingly.
The volume can be defined under "Threshold".
The S/R according to the designation as well.
Combined signals:
If the value of the S/R BK and the S/R is the same and the bounce logic of the S/R BK applies and an RSI signal is also generated, a signal is also plotted.
Here the idea was to get very strong signals for possible swing entries.
4. RSI Signals
The script contains two RSI.
RSI 1:
Bullish signal is generated when the set value is crossed from the bottom to the top.
Bearish signal is generated when the set value is crossed from the top to the bottom.
RSI 2:
Bullish signal is generated when the set value is crossed from the top to the bottom.
Bearish signal is generated when the set value is crossed from bottom to top.
For RSI 2 the theory is taken into account according to the description under Used elements point 5
Optical trend filter:
Also an optical trend filter was generated which fills the bands accordingly.
For this the VWMA is used and the two average values of the band.
Color definition:
Gray = Neutral
Red = Bearish
Green = Bullish
If the mean value is above the VWMA and the mean value based on the closing price is above the mean value based on the open price, the band is colored green. It is a bullish trend
If the mean value is below the VWMA and the mean value based on the closing price is below the mean value based on the open price, the band is colored red.
The band is colored gray if the mean value is correspondingly opposite. A sideways phase is assumed.
The script was developed on the basis of the pair BTCUSD in the 15 minute chart and the settings were defined accordingly on it. The display of S/R for forex pairs does not work correctly and should be hidden. The logic works anyway.
When using the script, all options should first be set accordingly to the asset and tested before trading afterwards. It applies of course also here that there is no 100% guarantee.
Also, a strong breakout leads to false signals and overheating of the indicator.
VSA Trading SystemMaster Reference Guide
📚 TABLE OF CONTENTS
PART 1: Core VSA Framework & Philosophy
PART 2: Volume Analysis Deep Dive
PART 3: Key VSA Setups (Complete)
PART 4: Wyckoff Accumulation & Distribution
PART 5: Multi-Timeframe Analysis
PART 6: Candle & Spread Analysis
PART 7: Entry, Stop Loss & Take Profit Rules
PART 8: Position Sizing & Risk Management
PART 9: Complete Trade Checklists
PART 10: Common Mistakes & Quick Reference
PART 11: Trade Journal Template
PART 1: CORE VSA FRAMEWORK & PHILOSOPHY
The Foundation Principle
╔════════════════════════════════════════════════════════════════╗
║ VSA FOUNDATION PRINCIPLE ║
╠════════════════════════════════════════════════════════════════╣
║ ║
║ "Smart Money leaves footprints in VOLUME" ║
║ ║
║ • Institutions cannot hide their activity ║
║ • Large orders create volume anomalies ║
║ • Price can lie, but volume confirms truth ║
║ • Volume is the FUEL, Price is the VEHICLE ║
║ • No fuel = No real move ║
║ ║
╚════════════════════════════════════════════════════════════════╝
The Golden Rule: Effort vs. Result
┌─────────────────────────────────────────────────────────────┐
│ HARMONY = TREND CONTINUATION │
│ ANOMALY = TREND REVERSAL │
└─────────────────────────────────────────────────────────────┘
Volume-Price Harmony Matrix
Price Action Volume Signal Interpretation
Rising ↑ Rising ↑ ✅ STRONG BULLISH Healthy uptrend, buyers in control
Rising ↑ Falling ↓ ⚠️ WEAK BULLISH Fuel running out, reversal near
Falling ↓ Rising ↑ ✅ STRONG BEARISH Aggressive selling, downtrend healthy
Falling ↓ Falling ↓ ⚠️ WEAK BEARISH Sellers exhausted, bottom forming
Effort vs. Result Complete Matrix
╔══════════════════════════════════════════════════════════════════╗
║ EFFORT VS RESULT MATRIX ║
╠═══════════════╦══════════════════╦════════════════════════════════╣
║ EFFORT ║ RESULT ║ INTERPRETATION ║
║ (Volume) ║ (Price Move) ║ ║
╠═══════════════╬══════════════════╬════════════════════════════════╣
║ ║ ║ ║
║ HIGH Volume ║ WIDE Spread ║ ✅ Normal - Trend healthy ║
║ ║ ║ ║
╠═══════════════╬══════════════════╬════════════════════════════════╣
║ ║ ║ ║
║ HIGH Volume ║ NARROW Spread ║ ⚠️ Absorption - Reversal soon ║
║ ║ ║ ║
╠═══════════════╬══════════════════╬════════════════════════════════╣
║ ║ ║ ║
║ LOW Volume ║ WIDE Spread ║ ⚠️ Fake move - Will reverse ║
║ ║ ║ ║
╠═══════════════╬══════════════════╬════════════════════════════════╣
║ ║ ║ ║
║ LOW Volume ║ NARROW Spread ║ 😐 No interest - Wait ║
║ ║ ║ ║
╚═══════════════╩══════════════════╩════════════════════════════════╝
PART 2: VOLUME ANALYSIS DEEP DIVE
Volume Classification (Compare to 20-period MA):
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
ULTRA HIGH ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ (>200% of 20-period average)
→ Major institutional activity
→ Potential climax or absorption
HIGH ▓▓▓▓▓▓▓▓▓▓▓▓ (150-200% of average)
→ Significant interest
→ Breakout/breakdown confirmation
ABOVE AVERAGE ▓▓▓▓▓▓▓▓▓ (100-150% of average)
→ Healthy trend participation
→ Normal directional moves
AVERAGE ▓▓▓▓▓▓ (80-120% of average)
→ Baseline activity
→ Consolidation periods
LOW ▓▓▓ (50-80% of average)
→ Lack of interest
→ Test bars, pullbacks
ULTRA LOW ▓ (<50% of average)
→ No participation
→ Holiday/pre-news quiet
Volume Bar Colors & Meanings
┌─────────────────────────────────────────────────────────────┐
│ VOLUME BAR ANALYSIS │
├─────────────────────────────────────────────────────────────┤
│ │
│ GREEN Volume Bar (Buying Volume Dominant) │
│ ▓▓▓▓▓▓▓▓▓ │
│ + Green Candle = Healthy Buying │
│ + Red Candle = Possible Accumulation (watch for reversal) │
│ │
├─────────────────────────────────────────────────────────────┤
│ │
│ RED Volume Bar (Selling Volume Dominant) │
│ ░░░░░░░░░ │
│ + Red Candle = Healthy Selling │
│ + Green Candle = Possible Distribution (watch for drop) │
│ │
└─────────────────────────────────────────────────────────────┘
Volume Context Analysis
┌─────────────────────────────────────────────────────────────────┐
│ CONTEXT IS EVERYTHING │
├─────────────────────────────────────────────────────────────────┤
│ │
│ Same high volume candle means DIFFERENT things: │
│ │
│ AT SUPPORT: AT RESISTANCE: │
│ ┌─────────────┐ ┌─────────────┐ │
│ │ High Volume │ │ High Volume │ │
│ │ Small Body │ │ Small Body │ │
│ │ = BUYING │ │ = SELLING │ │
│ │ (Bullish) │ │ (Bearish) │ │
│ └─────────────┘ └─────────────┘ │
│ │
│ IN UPTREND: IN DOWNTREND: │
│ ┌─────────────┐ ┌─────────────┐ │
│ │ High Volume │ │ High Volume │ │
│ │ Small Body │ │ Small Body │ │
│ │ = Potential │ │ = Potential │ │
│ │ TOP │ │ BOTTOM │ │
│ └─────────────┘ └─────────────┘ │
│ │
└─────────────────────────────────────────────────────────────────┘
Volume Spike Interpretation
SCENARIO 1: Volume Spike at Support
─────────────────────────────────────
│
↓ ← Price drops to support
═════════════ Support Line
▼
▓▓▓▓▓▓▓▓▓▓▓▓ ← ULTRA HIGH Volume
→ INTERPRETATION: Absorption/Accumulation
→ ACTION: Prepare for LONG entry after confirmation
─────────────────────────────────────
SCENARIO 2: Volume Spike at Resistance
─────────────────────────────────────
▓▓▓▓▓▓▓▓▓▓▓▓ ← ULTRA HIGH Volume
▲
═════════════ Resistance Line
↑ ← Price rises to resistance
│
→ INTERPRETATION: Churning/Distribution
→ ACTION: Prepare for SHORT entry OR exit longs
─────────────────────────────────────
SCENARIO 3: Volume Spike on Breakout
─────────────────────────────────────
↗ ← Price breaks out
═════════════════════════════ Resistance
│
▓▓▓▓▓▓▓▓▓ ← HIGH Volume on breakout
→ INTERPRETATION: Valid Breakout
→ ACTION: ENTER in breakout direction
─────────────────────────────────────
SCENARIO 4: Low Volume on Breakout
─────────────────────────────────────
↗ ← Price breaks out
═════════════════════════════ Resistance
│
▓▓ ← LOW Volume on breakout
→ INTERPRETATION: FAKE Breakout
→ ACTION: DO NOT ENTER, wait for failure
─────────────────────────────────────
Recommended Volume Indicators
ESSENTIAL INDICATORS:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
1. STANDARD VOLUME
└─ Basic but essential
└─ Color-coded by candle direction
2. VOLUME MOVING AVERAGE (20-period)
└─ Shows average volume
└─ Helps identify "high" vs "low" volume
└─ CRITICAL: Only consider signals where Volume > 1.5x MA
└─ Ultra High = Volume > 2x MA
3. VOLUME WEIGHTED AVERAGE PRICE (VWAP)
└─ Intraday fair value
└─ Institutional reference point
OPTIONAL BUT USEFUL:
━━━━━━━━━━━━━━━━━━━━━
• On-Balance Volume (OBV) - Cumulative flow, good for divergences
• Accumulation/Distribution Line - Money flow direction
• Volume Profile - Price levels with most volume
• Money Flow Index - Volume-weighted RSI
PART 3: KEY VSA SETUPS (COMPLETE)
Setup 1: Test No Supply (Bullish)
VISUAL:
Prior Uptrend
↗
↗
↗
↗
↗
↗ ┌───┐
↗ │ R │ ← Small RED candle (Test)
↗ └───┘
↗ │
↗ │ LOW VOLUME
↗ │
↗ ══════╧══════
COMPLETE CHECKLIST:
□ Existing uptrend (HH + HL pattern)
□ Small pullback candle (red/bearish)
□ Volume BELOW average (ideally <70% of 20-MA)
□ Volume LESS than previous 2 bars
□ Spread (range) is NARROW
□ Candle closes near its high (upper half)
□ Doesn't break previous swing low
□ Wicks are small (no heavy selling)
ENTRY TRIGGER:
→ Next candle closes green above test candle high
→ Volume on entry candle is average or above
STOP LOSS:
→ Below the test candle low
→ OR below the previous swing low
WHY IT WORKS:
Smart money "tests" to see if sellers remain.
Low volume = No sellers left = Safe to push higher
Setup 2: Test No Demand (Bearish)
VISUAL:
┌───┐
│ G │ ← Small GREEN candle (Test)
└───┘
│ LOW VOLUME
↗ │
↗ ══════════╧══════
↗ ↘
↗ ↘
↘
↘ Downtrend continues
COMPLETE CHECKLIST:
□ UP bar (close > open) - Green candle
□ Volume LESS than previous 2 bars
□ Volume BELOW average (ideally <70% of 20-MA)
□ Spread (range) is NARROW
□ Close in MIDDLE or LOW of bar
□ Located at resistance OR after uptrend
□ Price struggling to make new highs
ENTRY TRIGGER:
→ Next candle closes red below test candle low
STOP LOSS:
→ Above the test candle high
WHY IT WORKS:
Buyers tried but professionals not interested.
Low volume = No demand = Prepare for drop
Setup 3: Spring (Bull Trap Reversal)
VISUAL:
Support Line
═══════════════════════════════
↓↗ ← Spring (false breakdown + quick recovery)
Spring
(Bear Trap)
Price Chart:
════════════════════ Support
↓
↓ ← Break below support
▼
SPRING ← Ultra low point
↗
↗ ← Quick recovery above support
════════════════════
↗
↗ ← Uptrend begins
Volume Pattern:
On Spring: ▓▓▓ (Can be high or low)
On Test: ▓ (Must be LOW)
On Breakout: ▓▓▓▓▓▓▓ (High)
CHECKLIST:
□ Price dipped below support (Spring)
□ Quickly reversed back above support
□ Pullback test shows LOW VOLUME
□ Test candle doesn't break spring low
ENTRY:
→ Enter LONG on low volume test after spring
→ OR enter when price closes above spring high
STOP LOSS:
→ Below the spring low
Setup 4: Upthrust (Bear Trap Reversal)
VISUAL:
↑ False breakout above resistance
═══════════════════════════════ Resistance
↗↓ ← Upthrust (break above + fail)
Upthrust
(Bull Trap)
Price Chart:
↗
↗ ← Price rises
════════════════════ Resistance
↗
UPTHRUST ← Ultra high point (false break)
↓
↓ ← Quick rejection below resistance
════════════════════
↓
↘ ← Downtrend begins
Volume Pattern:
On Upthrust: ▓▓▓▓▓ (Often high - sucking in buyers)
On Test: ▓ (Must be LOW)
On Breakdown: ▓▓▓▓▓▓▓ (High)
CHECKLIST:
□ Price broke ABOVE resistance
□ Quickly FAILED and fell back below
□ Pullback test (rally) shows LOW VOLUME
□ Test candle doesn't break upthrust high
ENTRY:
→ Enter SHORT on low volume test after upthrust
→ OR enter when price closes below upthrust low
STOP LOSS:
→ Above the upthrust high
Setup 5: Absorption (Churning)
BEARISH ABSORPTION (Distribution at Top):
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Price: ──────────────── Resistance
│ ▲ │
│ █ │ ← Small GREEN body
│ ▼ │ (buyers trying to push up)
─────┴───┴─────
Volume: ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ← MASSIVE (>200% average)
COMPLETE CHECKLIST:
□ Small/Medium GREEN candle
□ Volume > 2x average
□ Close in MIDDLE or LOWER half of candle
□ Located at resistance OR after extended uptrend
□ Price NOT making significant new highs despite volume
INTERPRETATION:
• Price tries to go up
• Huge volume BUT small price movement
• Where did all that buying go?
• Answer: Institutions ABSORBED it by selling
CONFIRMATION:
□ Next candle should be RED
RESULT: Expect price drop
═══════════════════════════════════════════════════
BULLISH ABSORPTION (Accumulation at Bottom):
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
│ ▼ │
│ █ │ ← Small RED body
│ ▲ │ (sellers trying to push down)
─────┴───┴─────
Price: ──────────────── Support
Volume: ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ← MASSIVE (>200% average)
COMPLETE CHECKLIST:
□ Small/Medium RED candle
□ Volume > 2x average
□ Close in MIDDLE or UPPER half of candle
□ Located at support OR after extended downtrend
□ Price NOT making significant new lows despite volume
INTERPRETATION:
• Price tries to go down
• Huge volume BUT small price movement
• Where did all that selling go?
• Answer: Institutions ABSORBED it by buying
CONFIRMATION:
□ Next candle should be GREEN
RESULT: Expect price rise
Setup 6: Climactic Action
BUYING CLIMAX (Marks the TOP):
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
▲
/│\ ← WIDEST candle in uptrend
/ │ \ + Close near HIGH
/ │ \
/ │ \
▓▓▓▓▓▓▓▓▓▓▓▓▓ ← HIGHEST volume in uptrend
CHARACTERISTICS:
□ Widest spread (range) in the trend
□ Highest volume in the trend
□ Usually closes near the high
□ Euphoria/FOMO buying
□ Professionals SELLING to public
→ Signals END of Uptrend
→ Distribution phase begins
→ DO NOT BUY - Wait for short setup
═══════════════════════════════════════════
SELLING CLIMAX (Marks the BOTTOM):
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
\ │ /
\ │ /
\ │ /
\│/ ← WIDEST candle in downtrend
▼ + Often closes OFF the lows
▓▓▓▓▓▓▓▓▓▓▓▓▓ ← HIGHEST volume in downtrend
CHARACTERISTICS:
□ Widest spread (range) in the trend
□ Highest volume in the trend
□ Often closes in middle or upper half (key difference!)
□ Panic selling
□ Professionals BUYING from public
→ Signals END of Downtrend
→ Accumulation phase begins
→ DO NOT SELL - Wait for long setup after TEST
Setup 7: Stopping Volume
STOPPING VOLUME (Bottom Formation):
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Price falling...
↓
↓
↓
┌───────────┐
│ ███████ │ ← Wide spread DOWN bar
│ ███████ │ BUT closes OFF the lows
│ │ │ (Close in UPPER half - KEY!)
└─────│─────┘
│
▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ← ULTRA HIGH volume
CHECKLIST:
□ Downtrend in progress
□ Wide spread (large range) candle
□ Ultra high volume (>200% of average)
□ Closes in UPPER HALF of the bar (critical!)
□ May have long lower wick
INTERPRETATION:
→ Professionals absorbing all selling
→ Supply being removed from market
NEXT STEPS:
→ Expect sideways consolidation
→ Wait for LOW VOLUME TEST before entry
→ Do NOT enter immediately - wait for confirmation
Setup 8: Breakout Confirmation
VALID BREAKOUT: FAKE BREAKOUT:
─────────────── ───────────────
│ ↑ HIGH VOLUME │ ↑ LOW VOLUME
─────│───────── ─────│─────────
│ │
▓▓▓▓▓▓▓▓▓ (Volume >150% avg) ▓▓▓ (Volume <100% avg)
✅ ENTER TRADE ❌ DO NOT ENTER
(Wait for failure/retest)
VALID BREAKOUT CHECKLIST:
□ Price closes ABOVE resistance (for long) or BELOW support (for short)
□ Volume > 150% of 20-period average
□ Candle closes near the extreme (high for long, low for short)
□ Preferably preceded by low volume consolidation
□ Higher timeframes support the direction
ENTRY:
→ Enter on close of breakout candle
→ OR enter on low volume retest of breakout level
STOP LOSS:
→ Below breakout level (for longs)
→ Above breakout level (for shorts)
PART 4: WYCKOFF ACCUMULATION & DISTRIBUTION
WYCKOFF ACCUMULATION
Price:
│
│ PS SC
│ ↘ ↓
│ ↘ ↓ AR
│ ↘ ↓ ↗
│ ↘ ↓ ↗ ST
│ ↓↗──────────┐ LPS
│ PHASE A │ PHASE B │ ↘ ↗ SOS
│ │ │ ↘ ↗ ↗
│ │ │ ↓ ↗
│ │ │ SPRING↗
│ │ PHASE C│ │↗ PHASE D
│ │ │ ↗
└────────────┴─────────┴────┴──────────→
PHASE DEFINITIONS:
━━━━━━━━━━━━━━━━━━
PHASE A - Stopping the Downtrend:
PS = Preliminary Support (first buying appears)
SC = Selling Climax (panic selling absorbed - HIGH volume)
AR = Automatic Rally (dead cat bounce)
ST = Secondary Test (retest of SC lows - lower volume than SC)
PHASE B - Building the Cause:
→ Sideways accumulation
→ Volume generally decreasing
→ Multiple tests of support and resistance
→ "Backing up to the creek" patterns
PHASE C - The Test:
SPRING = False breakdown below support (bear trap)
→ Can be high or low volume
→ Key: Quick recovery above support
TEST = Low volume retest after spring (CRITICAL ENTRY POINT)
PHASE D - Markup Begins:
SOS = Sign of Strength (strong rally with high volume)
LPS = Last Point of Support (final low volume pullback)
→ This is the LAST safe entry before markup
PHASE E - Markup (Not shown):
→ Strong uptrend with increasing volume
→ Higher highs and higher lows
VOLUME PATTERN:
━━━━━━━━━━━━━━━
▓▓▓▓▓▓ ▓▓ ▓▓ ▓▓▓▓▓
(High) (Lower) (Low on) (High on
at SC during Spring SOS)
Phase B Test
Key Accumulation Entry Point
ENTRY CHECKLIST - THE SPRING + TEST:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
□ Phase A complete (SC and AR visible)
□ Phase B complete (sideways range established)
□ Spring occurred (price dipped below support)
□ Price quickly recovered above support
□ Test pullback has LOW VOLUME (critical!)
□ Test doesn't break spring low
ENTRY TRIGGER:
→ Enter LONG after low volume test
→ OR enter on break above spring high with volume
STOP LOSS:
→ Below spring low
TARGET:
→ Measure the range (support to resistance)
→ Project that distance above resistance
Wyckoff Distribution Schematic--
WYCKOFF DISTRIBUTION
Price:
│ PSY
│ ↗ BC
│ ↗ ↗ ↘
│ PHASE D ↗ ↗ ↘ UTAD
│ ↘ ↗ ↗ ↘ ↗↘
│ ↘ ↗ ↗────────↘↗ ↘
│ ↘ ↗ │ PHASE B │ ↘ SOW
│ ↘ ↗ │ │ ↘
│ ↘ │ PHASE C │ ↘
│ LPSY │ │ ↘
│ │ │ ↘
└────────────────┴─────────┴─────────→
PHASE DEFINITIONS:
━━━━━━━━━━━━━━━━━━
PHASE A - Stopping the Uptrend:
PSY = Preliminary Supply (first selling appears)
BC = Buying Climax (euphoric buying absorbed - HIGH volume)
AR = Automatic Reaction (first drop)
ST = Secondary Test (retest of BC highs - lower volume than BC)
PHASE B - Building the Cause:
→ Sideways distribution
→ Volume patterns show supply entering on rallies
→ Multiple tests of support and resistance
PHASE C - The Test:
UTAD = Upthrust After Distribution (false breakout above resistance)
→ Bull trap
→ Often high volume (sucking in late buyers)
TEST = Low volume retest after upthrust (ENTRY POINT FOR SHORTS)
PHASE D - Markdown Begins:
SOW = Sign of Weakness (strong drop with high volume)
LPSY = Last Point of Supply (final low volume rally)
→ This is the LAST safe short entry before markdown
PHASE E - Markdown (Not shown):
→ Strong downtrend with increasing volume
→ Lower highs and lower lows
PART 5: MULTI-TIMEFRAME ANALYSIS
The 4-Step Alignment Process
╔════════════════════════════════════════════════════════════════╗
║ 4-HOUR CHART (MACRO VIEW) ║
╠════════════════════════════════════════════════════════════════╣
║ ║
║ PURPOSE: Determine the PRIMARY trend direction ║
║ ║
║ ANALYZE: ║
║ □ Overall trend (Uptrend/Downtrend/Range) ║
║ □ Major support/resistance levels ║
║ □ Volume trend (increasing/decreasing with price) ║
║ □ Any divergences forming (Price↑ Volume↓ = warning) ║
║ □ Look for Accumulation/Distribution phases ║
║ ║
║ SIGNALS TO NOTE: ║
║ • Climax volume at extremes ║
║ • Trend line breaks ║
║ • Higher timeframe absorption patterns ║
║ ║
║ RULE: Only trade in the direction of 4H trend ║
║ ║
╚════════════════════════════════════════════════════════════════╝
↓ ALIGNED?
╔════════════════════════════════════════════════════════════════╗
║ 1-HOUR CHART (STRUCTURE) ║
╠════════════════════════════════════════════════════════════════╣
║ ║
║ PURPOSE: Confirm trend and identify key levels ║
║ ║
║ ANALYZE: ║
║ □ Trend alignment with 4H ║
║ □ Key swing highs and lows ║
║ □ Support/resistance zones ║
║ □ Moving average positions (if used) ║
║ □ Current Wyckoff phase ║
║ □ Volume pattern on recent moves ║
║ ║
║ SIGNALS TO NOTE: ║
║ • Structure breaks (BOS - Break of Structure) ║
║ • Change of character (CHoCH) ║
║ • Volume spikes at key levels ║
║ ║
║ RULE: Structure must support trade direction ║
║ ║
╚════════════════════════════════════════════════════════════════╝
↓ ALIGNED?
╔════════════════════════════════════════════════════════════════╗
║ 30-MIN CHART (SETUP) ║
╠════════════════════════════════════════════════════════════════╣
║ ║
║ PURPOSE: Identify specific trade setups ║
║ ║
║ ANALYZE: ║
║ □ Pullback/rally quality ║
║ □ Is pullback volume DECREASING? (Required for entry) ║
║ □ Approach to key levels ║
║ □ VSA patterns forming ║
║ □ Price action quality ║
║ ║
║ SIGNALS TO NOTE: ║
║ • Test patterns (No Supply/No Demand) ║
║ • Absorption at levels ║
║ • Volume drying up on counter-moves ║
║ ║
║ RULE: Wait for low volume pullback before entry ║
║ ║
╚════════════════════════════════════════════════════════════════╝
↓ ALIGNED?
╔════════════════════════════════════════════════════════════════╗
║ 15-MIN CHART (ENTRY TRIGGER) ║
╠════════════════════════════════════════════════════════════════╣
║ ║
║ PURPOSE: Precise entry timing ║
║ ║
║ ANALYZE: ║
║ □ Entry trigger candle forming ║
║ □ Volume on trigger candle ║
║ □ Exact stop loss placement ║
║ □ Immediate support/resistance ║
║ ║
║ ENTRY TRIGGERS (Need one): ║
║ • Test No Supply / Test No Demand ║
║ • Spring/Upthrust + Test ║
║ • Absorption + Confirmation candle ║
║ • Breakout with High Volume ║
║ ║
║ CRITICAL RULE: Wait for candle CLOSE before entering ║
║ ║
╚════════════════════════════════════════════════════════════════╝
↓ ALL ALIGNED?
═══════════════════════════
✅ EXECUTE TRADE
═══════════════════════════
PART 6: CANDLE & SPREAD ANALYSIS
Candle Close Position Analysis
WHERE DOES THE CANDLE CLOSE?
Strong Bullish: Neutral: Bearish:
┌─────────┐ ┌─────────┐ ┌─────────┐
│ ████████│ ← Close │ │ │ │ │
│ ████████│ at TOP │ │ │ ← Close │ │ │
│ ████████│ (Upper │ ████ │ MIDDLE │ │ │
│ │ │ third) │ ████ │ │ ████████│ ← Close
│ │ │ │ │ │ │ ████████│ BOTTOM
└─────────┘ └─────────┘ └─────────┘
✅ Buyers won ⚠️ Struggle ❌ Sellers won
decisively (indecision) decisively
APPLICATION RULES:
━━━━━━━━━━━━━━━━━━
□ Close in UPPER 1/3 + High Volume = Strong Buying
□ Close in LOWER 1/3 + High Volume = Strong Selling
□ Close in MIDDLE + High Volume = Battle (Wait for clarity)
FOR ABSORPTION SIGNALS:
□ Bearish Absorption: Green candle closes in MIDDLE or LOWER half
□ Bullish Absorption: Red candle closes in MIDDLE or UPPER half
Spread (Range) Analysis-
SPREAD = High - Low of Candle
┌──────────────────────────────────────────────────────────────┐
│ SPREAD ANALYSIS │
├──────────────────────────────────────────────────────────────┤
│ │
│ WIDE SPREAD + HIGH VOLUME: │
│ ┌─────────────────────┐ │
│ │ │ │ │
│ │ ███████████ │ → HEALTHY momentum │
│ │ ███████████ │ → Trend continuation │
│ │ │ │ → Strong commitment │
│ └─────────────────────┘ │
│ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ │
│ │
├──────────────────────────────────────────────────────────────┤
│ │
│ NARROW SPREAD + HIGH VOLUME: │
│ ┌───────────┐ │
│ │ ████ │ ← Small body │
│ │ ████ │ │
│ └───────────┘ → ABSORPTION warning! │
│ ▓▓▓▓▓▓▓▓▓▓▓▓ → Effort with no result │
│ → Expect reversal │
│ │
├──────────────────────────────────────────────────────────────┤
│ │
│ WIDE SPREAD + LOW VOLUME: │
│ ┌─────────────────────┐ │
│ │ │ │ │
│ │ ███████████ │ → FAKE MOVE warning! │
│ │ ███████████ │ → No commitment │
│ │ │ │ → Will likely reverse │
│ └─────────────────────┘ │
│ ▓▓▓ │
│ │
├──────────────────────────────────────────────────────────────┤
│ │
│ NARROW SPREAD + LOW VOLUME: │
│ ┌───────────┐ │
│ │ ████ │ → No interest │
│ │ ████ │ → Consolidation │
│ └───────────┘ → WAIT for signal │
│ ▓▓ │
│ │
└──────────────────────────────────────────────────────────────┘
PART 7: ENTRY, STOP LOSS & TAKE PROFIT RULES
╔═══════════════════════════════════════════════════════════════╗
║ LONG ENTRY CRITERIA ║
╠═══════════════════════════════════════════════════════════════╣
║ ║
║ MULTI-TIMEFRAME CHECK: ║
║ ──────────────────── ║
║ □ 4H: Uptrend + Rising Volume (or no bearish divergence) ║
║ □ 1H: Uptrend + Price holding above support ║
║ □ 30M: Pullback with DECREASING volume ║
║ □ 15M: Entry trigger present ║
║ ║
║ VOLUME CONFIRMATION: ║
║ ─────────────────── ║
║ □ Pullback candles have LOW volume ║
║ □ No bearish absorption at highs ║
║ □ Prior trend showed harmony (price↑ + volume↑) ║
║ □ Volume compared to 20-MA (signal volume significant?) ║
║ ║
║ CANDLE CONFIRMATION: ║
║ ─────────────────── ║
║ □ Entry candle closes in upper half ║
║ □ No abnormally wide spread with low volume (fake move) ║
║ □ Test candle had appropriate close position ║
║ ║
║ ENTRY TRIGGERS (Any One): ║
║ ──────────────────────── ║
║ ○ Test No Supply confirmed (low vol red, next green) ║
║ ○ Spring + Low Volume Test ║
║ ○ Breakout with High Volume (>150% of average) ║
║ ○ Bullish Absorption at support + green confirmation ║
║ ○ Stopping volume + Test ║
║ ║
║ WAIT FOR CANDLE CLOSE BEFORE ENTERING! ║
║ ║
╚═══════════════════════════════════════════════════════════════╝
Short Entry Criteria-
╔═══════════════════════════════════════════════════════════════╗
║ SHORT ENTRY CRITERIA ║
╠═══════════════════════════════════════════════════════════════╣
║ ║
║ MULTI-TIMEFRAME CHECK: ║
║ ──────────────────── ║
║ □ 4H: Downtrend OR Bearish Divergence (price↑ volume↓) ║
║ □ 1H: Lower Highs forming OR at resistance ║
║ □ 30M: Rally with DECREASING volume ║
║ □ 15M: Entry trigger present ║
║ ║
║ VOLUME CONFIRMATION: ║
║ ─────────────────── ║
║ □ Rally candles have LOW volume ║
║ □ No bullish absorption at lows ║
║ □ Bearish Absorption visible at resistance ║
║ □ Anomaly present (price↑ but volume↓) ║
║ ║
║ CANDLE CONFIRMATION: ║
║ ─────────────────── ║
║ □ Entry candle closes in lower half ║
║ □ No abnormally wide spread with low volume (fake move) ║
║ □ Test candle had appropriate close position ║
║ ║
║ ENTRY TRIGGERS (Any One): ║
║ ──────────────────────── ║
║ ○ Test No Demand confirmed (low vol green, next red) ║
║ ○ Upthrust + Low Volume Test ║
║ ○ Sign of Weakness (SOW) - Big red + High Volume ║
║ ○ Breakdown with High Volume (>150% of average) ║
║ ○ Bearish Absorption at resistance + red confirmation ║
║ ║
║ WAIT FOR CANDLE CLOSE BEFORE ENTERING! ║
║ ║
╚═══════════════════════════════════════════════════════════════╝
Stop Loss Placement Rules-
╔════════════════════════════════════════════════════════════╗
║ STOP LOSS PLACEMENT RULES ║
╠════════════════════════════════════════════════════════════╣
║ ║
║ FOR LONG TRADES: ║
║ ───────────────── ║
║ Option A: Below the TEST candle low ║
║ Option B: Below the Spring low (if Spring setup) ║
║ Option C: Below support zone + ATR buffer ║
║ ║
║ BUFFER FORMULA: ║
║ SL = Support Level - (0.5 × ATR of entry timeframe) ║
║ ║
║ VISUAL: ║
║ ─────────────────────────────── Support/Demand Zone ║
║ ← Entry Point ║
║ ║
║ ─────────────────────────────── SL: Below Support ║
║ │← 1-2% below zone OR below spring low ║
║ ║
╠════════════════════════════════════════════════════════════╣
║ ║
║ FOR SHORT TRADES: ║
║ ────────────────── ║
║ Option A: Above the TEST candle high ║
║ Option B: Above the Upthrust high (if Upthrust setup) ║
║ Option C: Above resistance zone + ATR buffer ║
║ ║
║ BUFFER FORMULA: ║
║ SL = Resistance Level + (0.5 × ATR of entry timeframe) ║
║ ║
║ VISUAL: ║
║ │← SL: Above resistance/recent high ║
║ ─────────────────────────────── Resistance Zone ║
║ ← Entry Point (Short) ║
║ ║
╚════════════════════════════════════════════════════════════╝
Take Profit Rules-
╔════════════════════════════════════════════════════════════╗
║ TAKE PROFIT RULES ║
╠════════════════════════════════════════════════════════════╣
║ ║
║ MINIMUM RISK:REWARD = 1:2 ║
║ ║
║ TP LEVELS (Based on Structure): ║
║ ──────────────────────────── ║
║ TP1: First resistance/support level = Aim for 1R ║
║ TP2: Second resistance/support level = Aim for 2R ║
║ TP3: Major level OR measured move = Aim for 3R+ ║
║ ║
║ SCALING OUT METHOD: ║
║ ───────────────────── ║
║ □ TP1 (33-40%): Close first portion at 1R ║
║ → Move SL to breakeven after TP1 hit ║
║ ║
║ □ TP2 (33-40%): Close second portion at 2R ║
║ → Trail SL to 1R profit level ║
║ ║
║ □ TP3 (20-34%): Close final portion at 3R or trail ║
║ → Use trailing stop below each new swing ║
║ ║
║ TRAILING STOP METHOD: ║
║ ────────────────────────────── ║
║ Longs: Trail SL below each new Higher Low ║
║ Shorts: Trail SL above each new Lower High ║
║ ║
║ VISUAL (Long Trade): ║
║ ║
║ TP3 ─────────────── (Major Resistance: 3R) ║
║ ║
║ TP2 ─────────────── (Next Resistance: 2R) ║
║ ║
║ TP1 ─────────────── (First Resistance: 1R) ║
║ ║
║ ENTRY ────────────── ║
║ ║
║ SL ───────────────── ║
║ ║
╠════════════════════════════════════════════════════════════╣
║ ║
║ EXIT ON VSA WEAKNESS SIGNALS: ║
║ ───────────────────────────── ║
║ Exit immediately if you see: ║
║ □ Climactic volume against your position ║
║ □ Absorption candle against your position ║
║ □ Break of structure on entry timeframe ║
║ □ Test No Demand (if long) or Test No Supply (if short) ║
║ ║
╚════════════════════════════════════════════════════════════╝
PART 8: POSITION SIZING & RISK MANAGEMENT
Position Size Calculator-
╔════════════════════════════════════════════════════════════════╗
║ POSITION SIZE CALCULATOR ║
╠════════════════════════════════════════════════════════════════╣
║ ║
║ STEP 1: Define Account Risk ║
║ ───────────────────────────── ║
║ Account Size: $__________ ║
║ Risk Per Trade: ____% (Recommended: 1-2%) ║
║ Dollar Risk: $__________ (Account × Risk%) ║
║ ║
║ STEP 2: Define Trade Risk ║
║ ──────────────────────── ║
║ Entry Price: $__________ ║
║ Stop Loss: $__________ ║
║ Risk Per Unit: $__________ (Entry - SL, absolute value) ║
║ ║
║ STEP 3: Calculate Position ║
║ ───────────────────────── ║
║ ║
║ Dollar Risk ║
║ Position Size = ───────────────── ║
║ Risk Per Unit ║
║ ║
║ ═══════════════════════════════════════════════════════════ ║
║ EXAMPLE: ║
║ ═══════════════════════════════════════════════════════════ ║
║ ║
║ Account: $10,000 ║
║ Risk: 1% = $100 ║
║ Entry: $50.00 ║
║ Stop Loss: $48.00 ║
║ Risk Per Share: $2.00 ║
║ ║
║ Position Size = $100 ÷ $2.00 = 50 shares ║
║ ║
╚════════════════════════════════════════════════════════════════╝
Risk Management Rules-
╔════════════════════════════════════════════════════════════╗
║ RISK MANAGEMENT RULES ║
╠════════════════════════════════════════════════════════════╣
║ ║
║ CAPITAL PROTECTION: ║
║ ─────────────────── ║
║ □ Never risk more than 1-2% per trade ║
║ □ Maximum 3 trades open at same time ║
║ □ Maximum 5% total portfolio risk at any time ║
║ □ Reduce size by 50% after 2 consecutive losses ║
║ □ Stop trading after 3 consecutive losses (review) ║
║ ║
║ CORRELATION AWARENESS: ║
║ ────────────────────── ║
║ □ Don't take same-direction trades in correlated pairs ║
║ □ Treat correlated positions as single larger position ║
║ ║
║ DRAWDOWN RULES: ║
║ ─────────────── ║
║ □ 5% daily drawdown = Stop trading for the day ║
║ □ 10% weekly drawdown = Review and reduce size ║
║ □ 20% monthly drawdown = Pause and full strategy review ║
║ ║
╚════════════════════════════════════════════════════════════╝
Position Scaling Strategy-
ENTRY SCALING (Building Position):
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
┌─────────────────────────────────────┐
│ │
│ Initial Entry: 50% of position │
│ First Add: 25% of position │
│ Second Add: 25% of position │
│ │
│ Add ONLY when: │
│ • Price moves in your favor │
│ • Volume confirms the move │
│ • Move SL to breakeven first │
│ • New VSA confirmation present │
│ │
└─────────────────────────────────────┘
EXIT SCALING (Taking Profits):
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
┌─────────────────────────────────────┐
│ │
│ TP1 (1R): Close 40% of position │
│ → Move SL to breakeven │
│ │
│ TP2 (2R): Close 40% of position │
│ → Trail SL to 1R │
│ │
│ TP3 (3R+): Close remaining 20% │
│ → Trail or let run │
│ │
└─────────────────────────────────────┘
PART 9: COMPLETE TRADE CHECKLISTS
Pre-Trade Validation Checklist-
╔════════════════════════════════════════════════════════════════════╗
║ COMPLETE VSA TRADE CHECKLIST ║
╠════════════════════════════════════════════════════════════════════╣
║ ║
║ TRADE TYPE: □ LONG □ SHORT ║
║ DATE: ___________ PAIR/ASSET: ___________ ║
║ ║
║ ═══════════════════════════════════════════════════════════════ ║
║ SECTION A: MULTI-TIMEFRAME ALIGNMENT (Must have 4/4) ║
║ ═══════════════════════════════════════════════════════════════ ║
║ ║
║ 4H CHART: ║
║ □ Trend aligned with trade direction ║
║ □ Volume confirms trend (harmony) ║
║ □ No major resistance/support blocking immediately ║
║ □ No bearish/bullish divergence against trade ║
║ ║
║ 1H CHART: ║
║ □ Trend aligned with trade direction ║
║ □ Structure intact (HH/HL for long, LH/LL for short) ║
║ □ Key level identified and respected ║
║ □ Wyckoff phase supports trade ║
║ ║
║ 30M CHART: ║
║ □ Trend aligned with trade direction ║
║ □ Pullback/Rally has DECREASING volume (LOW volume) ║
║ □ Near support zone (long) or resistance zone (short) ║
║ □ VSA setup forming ║
║ ║
║ 15M CHART: ║
║ □ Entry signal clearly present ║
║ □ Volume confirming the signal ║
║ □ Candle close position supports trade ║
║ □ Waiting for candle CLOSE before entry ║
║ ║
║ ═══════════════════════════════════════════════════════════════ ║
║ SECTION B: VOLUME ANALYSIS (Must have 4/4) ║
║ ═══════════════════════════════════════════════════════════════ ║
║ ║
║ □ Volume compared to 20-MA (is signal volume significant?) ║
║ □ Volume and Price in Harmony OR Clear reversal signal ║
║ □ Pullback/Rally has LOW volume (below average) ║
║ □ No absorption signals against trade direction ║
║ ║
║ ═══════════════════════════════════════════════════════════════ ║
║ SECTION C: CANDLE/SPREAD ANALYSIS (Must have 3/3) ║
║ ═══════════════════════════════════════════════════════════════ ║
║ ║
║ □ Spread (range) appropriate for the signal ║
║ □ Close position supports trade direction ║
║ □ No wide spread + low volume moves (fake move warning) ║
║ ║
║ ═══════════════════════════════════════════════════════════════ ║
║ SECTION D: ENTRY SIGNAL (Must have 1 confirmed) ║
║ ═══════════════════════════════════════════════════════════════ ║
║ ║
║ □ Test No Supply / Test No Demand ║
║ □ Spring / Upthrust + Low Volume Test ║
║ □ Absorption at key level + Confirmation candle ║
║ □ Breakout with High Volume (>150% average) ║
║ □ Stopping Volume + Test ║
║ ║
║ ═══════════════════════════════════════════════════════════════ ║
║ SECTION E: RISK MANAGEMENT (Must have 5/5) ║
║ ═══════════════════════════════════════════════════════════════ ║
║ ║
║ □ Risk ≤ 1-2% of account ║
║ □ Risk:Reward ≥ 1:2 ║
║ □ Stop Loss placed at logical structure level ║
║ □ Position size calculated correctly ║
║ □ Not during major news event (checked economic calendar) ║
║ ║
║ Entry Price: _______________ ║
║ Stop Loss: _______________ ║
║ Risk Per Unit: _______________ ║
║ Position Size: _______________ ║
║ TP1 (1R): _______________ ║
║ TP2 (2R): _______________ ║
║ TP3 (3R): _______________ ║
║ ║
║ ═══════════════════════════════════════════════════════════════ ║
║ SECTION F: FINAL CONFIRMATION ║
║ ═══════════════════════════════════════════════════════════════ ║
║ ║
║ □ Wait for candle CLOSE (don't enter mid-candle) ║
║ □ Check spread/slippage acceptable ║
║ □ Trade noted in journal before entering ║
║ ║
║ ════════════════════════════════════════════════════════════ ║
║ MINIMUM REQUIREMENTS: ║
║ • Section A: 4/4 timeframes aligned ║
║ • Section B: 4/4 volume checks passed ║
║ • Section C: 3/3 candle checks passed ║
║ • Section D: 1+ entry signal confirmed ║
║ • Section E: 5/5 risk checks passed ║
║ • Section F: All final checks done ║
║ ║
║ TOTAL: 17+ checks must be YES to execute ║
║ ════════════════════════════════════════════════════════════ ║
║ ║
║ ════════════════════════════ ║
║ ✅ EXECUTE TRADE ║
║ ════════════════════════════ ║
║ ║
╚════════════════════════════════════════════════════════════════════╝
Quick Decision Flowchart-
┌─────────────────┐
│ POTENTIAL │
│ TRADE SPOTTED │
└────────┬────────┘
│
▼
┌──────────────────────────┐
│ Is 4H trend in your │
│ trade direction? │
└──────────────┬───────────┘
│ │
YES NO
│ │
▼ ▼
┌──────────────┐ ┌─────────────┐
│ Check 1H │ │ NO TRADE │
│ alignment │ │ ─────── │
└──────┬───────┘ └─────────────┘
│
ALIGNED?
│ │
YES NO → NO TRADE
│
▼
┌───────────────────┐
│ Is 30M showing │
│ LOW VOLUME │
│ pullback/rally? │
└─────────┬─────────┘
│
YES │ NO
│ │
│ ▼
│ ┌────────────┐
│ │ WAIT │
│ │ for setup │
│ └────────────┘
│
▼
┌───────────────────┐
│ VSA Signal on │
│ 15M Chart? │
│ (Candle CLOSED?) │
└─────────┬─────────┘
│
YES │ NO → WAIT
│
▼
┌───────────────────┐
│ R:R at least 1:2? │
└─────────┬─────────┘
│
YES │ NO → NO TRADE
│
▼
┌───────────────────┐
│ Risk ≤ 2% of │
│ account? │
└─────────┬─────────┘
│
YES │ NO → REDUCE SIZE
│
▼
┌───────────────────┐
│ Major news │
│ within 30 min? │
└─────────┬─────────┘
│
NO │ YES → WAIT
│
▼
╔═════════════════════╗
║ EXECUTE TRADE ║
║ ═══════════════ ║
║ • Set Entry ║
║ • Set Stop Loss ║
║ • Set Targets ║
║ • Log in Journal ║
╚═════════════════════╝
PART 10: COMMON MISTAKES & QUICK REFERENCE
Top 10 VSA Mistakes to Avoid-
╔════════════════════════════════════════════════════════════╗
║ TOP 10 VSA MISTAKES ║
╠════════════════════════════════════════════════════════════╣
║ ║
║ 1. ❌ Analyzing volume in ISOLATION ║
║ ✅ Always combine volume + price + location + context ║
║ ║
║ 2. ❌ Entering on HIGH volume pullback ║
║ ✅ Only enter on LOW volume pullback (Test) ║
║ ║
║ 3. ❌ Ignoring the CLOSE position of candle ║
║ ✅ Where it closes matters as much as volume ║
║ ║
║ 4. ❌ Trading VSA signals against higher TF trend ║
║ ✅ Always align with 4H/1H direction first ║
║ ║
║ 5. ❌ Chasing breakouts without volume confirmation ║
║ ✅ Wait for high volume OR don't enter ║
║ ║
║ 6. ❌ Entering during NEWS events ║
║ ✅ Volume is distorted during news - wait 30min ║
║ ║
║ 7. ❌ Misreading climax volume as continuation ║
║ ✅ Recognize climax = potential reversal ║
║ ║
║ 8. ❌ Not waiting for TEST confirmation ║
║ ✅ Wait for Spring/Upthrust to be TESTED (low volume) ║
║ ║
║ 9. ❌ Ignoring spread (candle range) ║
║ ✅ Wide spread + Low volume = FAKE MOVE warning ║
║ ║
║ 10. ❌ Not using relative volume ║
║ ✅ Compare to 20-period volume MA ║
║ ║
╚════════════════════════════════════════════════════════════╝
Critical Rules - Never Break These-
╔═══════════════════════════════════════════════════════════════╗
║ NEVER BREAK THESE RULES ║
╠═══════════════════════════════════════════════════════════════╣
║ ║
║ 1. NEVER enter without volume confirmation ║
║ ║
║ 2. NEVER trade against the higher timeframe trend ║
║ ║
║ 3. NEVER chase breakouts with low volume ║
║ ║
║ 4. ALWAYS wait for the TEST after accumulation/distribution ║
║ ║
║ 5. ALWAYS use stop loss - no exceptions ║
║ ║
║ 6. ALWAYS confirm 4H → 1H → 30M → 15M alignment ║
║ ║
║ 7. ALWAYS wait for candle CLOSE before entering ║
║ ║
║ 8. When Volume and Price DIVERGE → Expect REVERSAL ║
║ ║
║ 9. High Volume + Small Candle = Smart Money Activity ║
║ ║
║ 10. Low Volume on Pullback = Healthy Trend (entry zone) ║
║ ║
║ 11. High Volume on Pullback = Warning Sign (don't enter) ║
║ ║
║ 12. NEVER risk more than 2% on any single trade ║
║ ║
╚═══════════════════════════════════════════════════════════════╝
PART 11: TRADE JOURNAL TEMPLATE
Trade Journal Entry--
╔════════════════════════════════════════════════════════════════════╗
║ TRADE JOURNAL ║
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║ TRADE #: _____ DATE: ___________ TIME: ___________ ║
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║ PAIR/ASSET: _______________ DIRECTION: □ LONG □ SHORT ║
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║ PRE-TRADE ANALYSIS ║
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║ TIMEFRAME ALIGNMENT: ║
║ 4H: _____________________________________________ ║
║ 1H: _____________________________________________ ║
║ 30M: ____________________________________________ ║
║ 15M: ____________________________________________ ║
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║ VSA SETUP TYPE: ________________________________ ║
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║ VOLUME OBSERVATION: ____________________________ ║
║ _________________________________________________ ║
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║ CANDLE/SPREAD NOTES: ___________________________ ║
║ _________________________________________________ ║
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║ TRADE PARAMETERS ║
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║ Entry Price: _______________ ║
║ Stop Loss: _______________ ║
║ Position Size: _______________ ║
║ Risk Amount: $_____________ (____% of account) ║
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║ TP1: _______________ (1R) ║
║ TP2: _______________ (2R) ║
║ TP3: _______________ (3R) ║
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║ POST-TRADE ANALYSIS ║
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║ RESULT: □ WIN □ LOSS □ BREAKEVEN ║
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║ Exit Price: _______________ ║
║ P&L: $_____________ (____R) ║
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║ WHAT WENT WELL: ║
║ _________________________________________________ ║
║ _________________________________________________ ║
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║ WHAT COULD IMPROVE: ║
║ _________________________________________________ ║
║ _________________________________________________ ║
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║ DID I FOLLOW MY RULES? □ YES □ NO ║
║ If NO, which rule was broken? _____________________ ║
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║ SCREENSHOT SAVED: □ YES ║
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║ LESSONS LEARNED: ║
║ _________________________________________________ ║
║ _________________________________________________ ║
║ _________________________________________________ ║
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Weekly Review Template-
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║ WEEKLY REVIEW ║
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║ ║
║ WEEK OF: _______________ ║
║ ║
║ STATISTICS: ║
║ ─────────── ║
║ Total Trades: _____ ║
║ Wins: _____ (____%) ║
║ Losses: _____ (____%) ║
║ Breakeven: _____ ║
║ Total R Gained/Lost: _____R ║
║ P&L: $_____ ║
║ ║
║ BEST TRADE THIS WEEK: ║
║ Setup: ______________ R Gained: _____R ║
║ Why it worked: ____________________________________ ║
║ ║
║ WORST TRADE THIS WEEK: ║
║ Setup: ______________ R Lost: _____R ║
║ Why it failed: ____________________________________ ║
║ ║
║ RULES FOLLOWED: _____% ║
║ RULES BROKEN: _____% ║
║ ║
║ PATTERNS NOTICED: ║
║ _________________________________________________ ║
║ _________________________________________________ ║
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║ GOALS FOR NEXT WEEK: ║
║ 1. _______________________________________________ ║
║ 2. _______________________________________________ ║
║ 3. _______________________________________________ ║
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FINAL SUMMARY
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║ THE VSA TRADING PROCESS ║
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║ 1. SCAN for volume anomalies on charts ║
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║ 2. IDENTIFY the pattern (Test, Absorption, Spring, etc.) ║
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║ 3. CONFIRM across multiple timeframes (4H → 1H → 30M → 15M) ║
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║ 4. ANALYZE candle close position and spread ║
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║ 5. WAIT for trigger (don't anticipate, react to confirmation) ║
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║ 6. CALCULATE position size based on stop distance ║
║ ║
║ 7. EXECUTE with predefined entry, stop, and targets ║
║
[ArchLabs] Support & Resitance Levels Support & Resistance Levels — SR-v1.100
Smart, auto-managed zones for clean market structure
⸻
🔍 What this indicator does
This script automatically finds and maintains high-quality support & resistance zones on your chart, so you don’t have to keep redrawing levels by hand.
It:
• Detects major swing highs and lows (pivots)
• Builds support and resistance zones (not just thin lines)
• Filters out overlapping / redundant levels
• Tracks how price interacts with those zones in real time
• Marks and alerts:
• ✅ Breakouts
• 🚨 False breakouts
• 🔁 Retests
• Flips broken support → resistance and resistance → support automatically
You get a clean structural map of the market, continuously updated.
⸻
🧠 How levels are built (conceptually)
1. The indicator looks back over a configurable window and finds significant highs and lows (pivots).
2. From each confirmed pivot, it creates:
• A core level price (horizontal line)
• A price area around it (shaded zone), sized relative to recent price range/volatility
3. It then checks for overlaps between existing levels and new candidates:
• If a new level is too close to an existing one (within your overlap threshold), it gets discarded.
• This keeps only the most meaningful, non-redundant levels on the chart.
4. A cap of around 10 levels per side (support / resistance) keeps the view readable.
The result: a curated set of zones that actually matter, not a wall of lines.
⸻
🎨 Visuals on the chart
You’ll see:
• Support zones
• Line: bullish color (default green)
• Area: semi-transparent band below/around the line
• Resistance zones
• Line: bearish color (default red)
• Area: semi-transparent band above/around the line
Colors are customizable for:
• Level line
• Zone area
• Breakout highlight
• Retest label
This makes it easy to visually separate support vs resistance and quickly spot key reactions.
⸻
⚡ Dynamic behavior & level lifecycle
Each level goes through a natural “life cycle,” which the indicator tracks for you:
1. Active zone
• The level is valid and extended to the right as long as price stays “engaged” with it (using smoothed highs/lows to avoid noise).
2. Extension / pause
• When price pulls away from the level far enough, the extension can temporarily stop so the level doesn’t stretch indefinitely without interaction.
• If price comes back into the zone with meaningful action, the level can resume extension.
3. Break & role reversal
• When price cleanly breaks the level (based on smoothed price, not just a wick), the zone is:
• Stopped and locked in place
• Marked as broken
• Immediately cloned and flipped:
• Broken support becomes a new resistance zone at the same area.
• Broken resistance becomes a new support zone.
This gives you automatic role-reversal levels without manually redrawing anything.
⸻
🧷 Event tags & alerts
The indicator tracks three key interactions with each zone:
1. Breakouts (optional)
When price decisively breaks a level:
• A small breakout label appears on/near the level:
• Support broken → bearish breakout style
• Resistance broken → bullish breakout style
• An alert message is fired (if alerts are enabled on the script)
Use this to catch true structural breaks that may signal trend continuation or regime change.
⸻
2. False breakouts (optional)
False breakouts are marked when price:
• Wicks through a level, but
• Fails to close beyond it and quickly returns inside the zone
When detected:
• A 🚨 FB label appears at the level
• The label tracks with price while the false breakout is active
• An alert can fire each time this behavior is confirmed
This is very useful for reversal traders and anyone fading failed breakouts.
⸻
3. Retests (optional)
Retests are detected when:
• Price re-enters a zone after previously moving away from it
• The candle comes back into the area for the first time in this new approach
The script:
• Marks the retest with a “T” label in a distinct color for support vs resistance
• Brings that level to the top of the internal priority list, keeping fresh retests visually and logically “hot”
Traders often use these as high-probability reaction points (e.g., breakout → retest → continuation).
⸻
⚙️ Key settings
All inputs are grouped for clarity:
Support / Resistance Levels
• Pivots Lookback
Controls how far back the indicator looks for swing highs/lows.
• Higher value → fewer, stronger levels
• Lower value → more reactive, more levels
• Overlap Multiplier (Pips)
Sets how aggressively overlapping levels are merged/ignored.
• Higher value → fewer levels, more consolidation
• Lower value → more granular levels
• Auto Overlap
When enabled, the script automatically adjusts the overlap threshold based on timeframe:
• Intraday lower timeframes → tighter filtering
• Higher/intra-session → more appropriate scaling
This lets you drop the indicator on multiple timeframes without constantly retuning.
⸻
Level Event Toggles
• Breakout Labels & Alerts (on/off)
• False Breakout Labels & Alerts (on/off)
• Retest Labels & Alerts (on/off)
Turn on only what fits your style.
Scalpers might want all three; swing traders may prefer only breakouts + retests.
⸻
Support / Resistance Colors
Separate color groups for:
• Line & area of support levels
• Line & area of resistance levels
• Visual styling for breakouts
• Visual styling for retests
You can match your existing chart theme or build a dedicated SR layout.
⸻
📈 How to use it in your trading
Here are a few practical ways to integrate this indicator:
• Context map
Use it as a structural overlay on any symbol/timeframe to see where price is likely to react.
• Breakout + retest setups
• Wait for a level to break with a breakout label.
• Then watch for a T (retest) label into the flipped zone.
• Combine with your own confirmation (price action, volume, oscillators, etc.).
• Mean-reversion & fade trades
• Hunt for false breakout (FB) labels on key levels.
• These are often good spots to fade aggressive moves that lose momentum.
• Confluence builder
• Combine zones with trend tools, VR/DC, moving averages, or higher timeframe structure.
• A breakout/retest at a level that also lines up with higher TF structure can be especially meaningful.
⸻
✅ Summary
Support & Resistance Levels (SR-v1.100) is designed to be:
• Clean – no cluttered spaghetti of lines
• Adaptive – zones evolve with the market and flip roles automatically
• Actionable – breakout, false breakout, and retest events are clearly marked and alert-ready
• Flexible – works on any market and timeframe with simple, intuitive inputs
Drop it on your chart, tune the lookback & overlap to your style, and let it handle the heavy lifting of structural mapping while you focus on decisions.
Bollinger Band Width Oscillator %🧠 Bollinger Band Width Oscillator %
The Bollinger Band Width Oscillator % is a volatility-focused tool that measures the relative width of Bollinger Bands and transforms it into an oscillator format. It helps traders visualize volatility expansions and contractions directly in an indicator pane — a powerful way to anticipate breakout or consolidation phases.
🔍 How It Works
Band Width %: Calculates the percentage distance between the upper and lower Bollinger Bands relative to the basis (SMA).
Smoothed Output: The raw bandwidth is smoothed using a moving average for cleaner, more stable signals.
Dynamic Volatility Zones: The script automatically computes average, high, and low volatility thresholds — each dynamically adapting to market conditions.
User-Adjustable Multipliers: Control how sensitive your high/low zones are with the High Zone Multiplier and Low Zone Multiplier inputs.
⚙️ Key Features
📊 Oscillator Format – Easy-to-read visualization of volatility compression and expansion.
🔥 High/Low Volatility Detection – Automatic labeling and color-coded alerts for shifts in volatility.
🧩 Dynamic Thresholds – Zones adjust automatically with market activity for adaptive sensitivity.
🧠 Hysteresis Logic – Prevents rapid signal flipping, improving clarity and reliability.
🎨 Custom Visuals – Adjustable smoothing and background highlights for quick interpretation.
📈 Trading Applications
Identify Breakouts: Rising bandwidth often precedes price breakouts.
Spot Consolidations: Low bandwidth indicates tightening volatility and potential range trades.
Volatility Regime Analysis: Understand market rhythm and adapt strategies accordingly.
⚡ Inputs
Parameter Description
Band Length Period for Bollinger Band calculation
Band Multiplier Standard deviation multiplier for the bands
Source Price source (default: close)
Smoothing Period for smoothing the oscillator line
High Zone Multiplier Adjusts the high-volatility threshold
Low Zone Multiplier Adjusts the low-volatility threshold
Highlight Volatility Zones Optional background color overlay
🧊 Usage Tip
Combine this indicator with momentum tools or price action analysis to confirm trade setups. Watch for transitions from low to high volatility zones — these often signal the beginning of major market moves.
RSI Trendlines and Divergences█OVERVIEW
The "RSI Trendlines and Divergences" indicator is an advanced technical analysis tool that leverages the Relative Strength Index (RSI) to draw trendlines and detect divergences. Designed for traders seeking precise market signals, the indicator identifies key pivot points on the RSI chart, draws trendlines between pivots, and detects bullish and bearish divergences. It offers flexible settings, background coloring for breakout signals, and divergence labels, supported by alerts for key events. The indicator is universal and works across all markets (stocks, forex, cryptocurrencies) and timeframes.
█CONCEPTS
The indicator was developed to provide an alternative signal source for the RSI oscillator. Trendline breakouts and bounces off trendlines offer a broader perspective on potential price behavior. Combining these with traditional RSI signal interpretation can serve as a foundation for creating various trading strategies.
█FEATURES
- RSI and Pivot Calculation: Calculates RSI based on the selected source price (default: close) with a customizable period (default: 14). Identifies pivot points on RSI and price for trendlines and divergences.
- RSI Trendlines: Draws trendlines connecting RSI pivots (upper for downtrends, lower for uptrends) with optional extension (default: 30 bars). The trendline appears and generates a signal only after the first RSI crossover. Lines are colored (red for upper, green for lower).
- Trendline Fill: Widens the trendline with a tolerance margin expressed in RSI points, reducing signal noise and visually highlighting trend zones. Breaking this zone is a condition for generating signals, minimizing false signals. The tolerance margin can be increased or decreased.
- Divergence Detection: Identifies bullish and bearish divergences based on RSI and price pivots, displaying labels (“Bull” for bullish, “Bear” for bearish) with adjustable transparency. Divergence labels appear with a delay equal to the specified pivot length (default: 5). Higher values yield stronger signals but with greater delay.
- Breakout Signals: Generates signals when RSI crosses the trendline (bullish for upper lines, bearish for lower lines), with background coloring for signal confirmation.
- Alerts: Built-in alerts for:
Detection of bullish and bearish divergences.
Upper trendline crossover (bullish signal).
Lower trendline crossover (bearish signal).
- Customization: Allows adjustment of RSI length, pivot settings, line colors, fills, labels, and transparency of signals and background.
█HOW TO USE
Add the indicator to your TradingView chart via the Pine Editor or Indicators menu.
Configuring Settings.
RSI Settings
- RSI Length: Period for RSI calculation (default: 14).
- SMA Length: Period for RSI moving average (default: 9).
- Source: Source price for RSI (default: close).
Pivot Settings for Trend
- Left Bars for Pivot: Number of bars back for detecting pivots (default: 10).
- Right Bars for Pivot: Number of bars forward for confirming pivots (default: 10).
- Extension after Second Pivot: Number of bars to extend the trendline (default: 30, 0 = none). Extension increases the number of signals, while shortening reduces them.
- Tolerance: Deviation in RSI points to widen the breakout margin, reducing signal noise (default: 3.0).
Divergence Settings
- Enable Divergence Detection: Enables/disables divergence detection (default: enabled).
- Pivot Length for Divergence: Pivot period for divergences (default: 5).
Style Settings
- Upper Trendline Color: Color for downtrend lines (default: red).
- Upper Fill Color: Fill color for upper lines (default: red, transparency 70).
- Lower Trendline Color: Color for uptrend lines (default: green).
- Lower Fill Color: Fill color for lower lines (default: green, transparency 70).
- SMA Color: Color for RSI moving average (default: yellow).
- Bullish Divergence Color: Color for bullish labels (default: green).
- Bearish Divergence Color: Color for bearish labels (default: red).
- Text Color: Color for label text (default: white).
- Divergence Label Transparency: Transparency of labels (0-100, default: 40).
- Signal Background Transparency: Transparency of breakout signal background (0-100, default: 80).
Interpreting Signals
- Trendlines: Upper lines (red) indicate RSI downtrends, lower lines (green) indicate uptrends. The trendline appears and generates a signal only after the first RSI crossover. Trendline breakouts suggest potential trend reversals.
- Divergences: “Bull” labels indicate bullish divergence (potential rise), “Bear” labels indicate bearish divergence (potential decline), with a delay based on pivot length (default: 5). Divergences serve as confirmation or warning of trend reversal, not as standalone signals.
- Signal Background: Green background signals bullish breakouts, red background signals bearish breakouts.
- RSI Levels: Horizontal lines at 70 (overbought), 50 (midline), and 30 (oversold) help assess market zones.
- Alerts: Set up alerts in TradingView for divergences or trendline breakouts.
Combining with Other Tools: Use with support/resistance levels, Fibonacci levels, or other indicators for signal confirmation.
█APPLICATIONS
The "RSI Trendlines and Divergence" indicator is designed to identify trends and potential reversal points, supporting both trend-following and reversal strategies:
- Trend Confirmation: Trendlines indicate the RSI trend direction, with breakouts signaling potential reversals. The indicator is functional in traditional RSI usage, allowing classic RSI interpretation (e.g., returning from overbought/oversold zones). Combining trendline breakouts with RSI signal levels, such as a return from overbought or oversold zones paired with a trendline breakout, strengthens the signal.
- Divergence Detection: Divergences serve as confirmation or warning of trend reversal, not as standalone signals.
█NOTES
- Adjust settings (e.g., RSI length, pivots, tolerance) to suit your trading style and timeframe.
- Combine with other technical analysis tools to enhance signal accuracy.
Opening Range IndicatorComplete Trading Guide: Opening Range Breakout Strategy
What Are Opening Ranges?
Opening ranges capture the high and low prices during the first few minutes of market open. These levels often act as key support and resistance throughout the trading day because:
Heavy volume occurs at market open as overnight orders execute
Institutional activity is concentrated during opening minutes
Price discovery happens as market participants react to overnight news
Psychological levels are established that traders watch all day
Understanding the Three Timeframes
OR5 (5-Minute Range: 9:30-9:35 AM)
Most sensitive - captures immediate market reaction
Quick signals but higher false breakout rate
Best for scalping and momentum trading
Use for early entry when conviction is high
OR15 (15-Minute Range: 9:30-9:45 AM)
Balanced approach - most popular among day traders
Moderate sensitivity with better reliability
Good for swing trades lasting several hours
Primary timeframe for most strategies
OR30 (30-Minute Range: 9:30-10:00 AM)
Most reliable but slower signals
Lower false breakout rate
Best for position trades and trend following
Use when looking for major moves
Core Trading Strategies
Strategy 1: Basic Breakout
Setup:
Wait for price to break above OR15 high or below OR15 low
Enter on the breakout candle close
Stop loss: Opposite side of the range
Target: 2-3x the range size
Example:
OR15 range: $100.00 - $102.00 (Range = $2.00)
Long entry: Break above $102.00
Stop loss: $99.50 (below OR15 low)
Target: $104.00+ (2x range size)
Strategy 2: Multiple Confirmation
Setup:
Wait for OR5 break first (early signal)
Confirm with OR15 break in same direction
Enter on OR15 confirmation
Stop: Below OR30 if available, or OR15 opposite level
Why it works:
Multiple timeframe confirmation reduces false signals and increases probability of sustained moves.
Strategy 3: Failed Breakout Reversal
Setup:
Price breaks OR15 level but fails to hold
Wait for re-entry into the range
Enter reversal trade toward opposite OR level
Stop: Recent breakout high/low
Target: Opposite side of range + extension
Key insight: Failed breakouts often lead to strong moves in the opposite direction.
Advanced Techniques
Range Quality Assessment
High-Quality Ranges (Trade these):
Range size: 0.5% - 2% of stock price
Clean boundaries (not choppy)
Volume spike during range formation
Clear rejection at range levels
Low-Quality Ranges (Avoid these):
Very narrow ranges (<0.3% of stock price)
Extremely wide ranges (>3% of stock price)
Choppy, overlapping candles
Low volume during formation
Volume Confirmation
For Breakouts:
Look for volume spike (2x+ average) on breakout
Declining volume often signals false breakout
Rising volume during range formation shows interest
Market Context Filters
Best Conditions:
Trending market days (SPY/QQQ with clear direction)
Earnings reactions or news-driven moves
High-volume stocks with good liquidity
Volatility above average (VIX considerations)
Avoid Trading When:
Extremely low volume days
Major economic announcements pending
Holidays or half-days
Choppy, sideways market conditions
Risk Management Rules
Position Sizing
Conservative: Risk 0.5% of account per trade
Moderate: Risk 1% of account per trade
Aggressive: Risk 2% maximum per trade
Stop Loss Placement
Inside the range: Quick exit but higher stop-out rate
Outside opposite level: More room but larger risk
ATR-based: 1.5-2x Average True Range below entry
Profit Taking
Target 1: 1x range size (take 50% off)
Target 2: 2x range size (take 25% off)
Runner: Trail remaining 25% with moving stops
Specific Entry Techniques
Breakout Entry Methods
Method 1: Immediate Entry
Enter as soon as price closes above/below range
Fastest entry but highest false signal rate
Best for strong momentum situations
Method 2: Pullback Entry
Wait for breakout, then pullback to range level
Enter when price bounces off former resistance/support
Better risk/reward but may miss some moves
Method 3: Volume Confirmation
Wait for breakout + volume spike
Enter after volume confirmation candle
Reduces false signals significantly
Multiple Timeframe Entries
Aggressive: OR5 break → immediate entry
Conservative: OR5 + OR15 + OR30 all align → enter
Balanced: OR15 break with OR30 support → enter
Common Mistakes to Avoid
1. Trading Poor-Quality Ranges
❌ Don't trade ranges that are too narrow or too wide
✅ Focus on clean, well-defined ranges with good volume
2. Ignoring Volume
❌ Don't chase breakouts without volume confirmation
✅ Always check for volume spike on breakouts
3. Over-Trading
❌ Don't force trades when ranges are unclear
✅ Wait for high-probability setups only
4. Poor Risk Management
❌ Don't risk more than planned or use tight stops in volatile conditions
✅ Stick to predetermined risk levels
5. Fighting the Trend
❌ Don't fade breakouts in strongly trending markets
✅ Align trades with overall market direction
Daily Trading Routine
Pre-Market (8:00-9:30 AM)
Check overnight news and earnings
Review major indices (SPY, QQQ, IWM)
Identify potential opening range candidates
Set alerts for range breakouts
Market Open (9:30-10:00 AM)
Watch opening range formation
Note volume and price action quality
Mark key levels on charts
Prepare for breakout signals
Trading Session (10:00 AM - 4:00 PM)
Execute breakout strategies
Manage existing positions
Trail stops as profits develop
Look for additional setups
Post-Market Review
Analyze winning and losing trades
Review range quality vs. outcomes
Identify improvement areas
Prepare for next session
Best Stocks/ETFs for Opening Range Trading
Large Cap Stocks (Best for beginners):
AAPL, MSFT, GOOGL, AMZN, TSLA
High liquidity, predictable behavior
Good range formation most days
ETFs (Consistent patterns):
SPY, QQQ, IWM, XLF, XLE
Excellent liquidity
Clear range boundaries
Mid-Cap Growth (Advanced traders):
Stocks with good volume (1M+ shares daily)
Recent news catalysts
Clean technical patterns
Performance Optimization
Track These Metrics:
Win rate by range type (OR5 vs OR15 vs OR30)
Average R/R (risk vs reward ratio)
Best performing market conditions
Time of day performance
Continuous Improvement:
Keep detailed trade journal
Review failed breakouts for patterns
Adjust position sizing based on win rate
Refine entry timing based on backtesting
Final Tips for Success
Start small - Paper trade or use tiny positions initially
Focus on quality - Better to miss trades than take bad ones
Stay disciplined - Stick to your rules even during losing streaks
Adapt to conditions - What works in trending markets may fail in choppy conditions
Keep learning - Markets evolve, so should your approach
The opening range strategy is powerful because it captures natural market behavior, but like all strategies, it requires practice, discipline, and proper risk management to be profitable long-term.
Smart Trend Lines [The_lurker]
Smart Trend Lines
A multi-level trend classifier that detects bullish and bearish conditions using a methodology based on drawing trend lines—main, intermediate, and short-term—by identifying peaks and troughs. The tool highlights trend strength by applying filters such as the Average Directional Index (ADX) (A), Relative Strength Index (RSI) (R), and Volume (V), making it easier to interpret trend strength. The filter markers (V, A, R) in the Smart Trend Lines indicator are powerful tools for assessing the reliability of breakouts. Breakouts containing are the most reliable, as they indicate strong volume support, trend strength, and favorable momentum. Breakouts with partial filters (such as or ) require additional confirmation, while breakouts without filters ( ) should be avoided unless supported by other strong signals. By understanding the meaning of each filter and the market context.
Core Functionality
1. Trend Line Types
The indicator generates three distinct trend line categories, each serving a specific analytical purpose:
Main Trend Lines: These are long-term trend lines designed to capture significant market trends. They are calculated based on pivot points over a user-defined period (default: 50 bars). Main trend lines are ideal for identifying macro-level support and resistance zones.
Mid Trend Lines: These are medium-term trend lines (default: 21 bars) that focus on intermediate price movements. They provide a balance between short-term fluctuations and long-term trends, suitable for swing trading strategies.
Short Trend Lines: These are short-term trend lines (default: 9 bars) that track rapid price changes. They are particularly useful for scalping or day trading, highlighting immediate support and resistance levels.
Each trend line type can be independently enabled or disabled, allowing traders to tailor the indicator to their preferred timeframes.
2. Breakout Detection
The indicator employs a robust breakout detection system that identifies when the price crosses a trend line, signaling a potential trend reversal or continuation. Breakouts are validated using the following filters:
ADX Filter: The Average Directional Index (ADX) measures trend strength. A user-defined threshold (default: 20) ensures that breakouts occur during strong trends, reducing false signals in range-bound markets.
RSI Filter: The Relative Strength Index (RSI) identifies overbought or oversold conditions. Breakouts are filtered based on RSI thresholds (default: 65 for overbought, 35 for oversold) to avoid signals in extreme market conditions.
Volume Filter: Breakouts are confirmed only when trading volume exceeds a moving average (default: 20 bars) and aligns with the breakout direction (e.g., higher volume on bullish breakouts when the candle closes higher).
Breakout events are marked with labels on the chart, indicating the type of trend line broken (Main, Mid, or Short) and the filters satisfied (Volume, ADX, RSI). Alerts are triggered for each breakout, providing real-time notifications.
3. Customization Options
The indicator offers extensive customization through input settings, organized into logical groups for ease of use:
Main Trend Line Settings
Length: Defines the number of bars used to calculate pivot points (default: 50).
Bullish Color: Color for upward-sloping (bullish) main trend lines (default: green).
Bearish Color: Color for downward-sloping (bearish) main trend lines (default: red).
Style: Line style options include solid, dashed, or dotted (default: solid).
Mid Trend Line Settings
Length: Number of bars for mid-term pivot points (default: 21).
Show/Hide: Toggle visibility of mid trend lines (default: enabled).
Bullish Color: Color for bullish mid trend lines (default: lime).
Bearish Color: Color for bearish mid trend lines (default: maroon).
Style: Line style (default: dashed).
Short Trend Line Settings
Length: Number of bars for short-term pivot points (default: 9).
Show/Hide: Toggle visibility of short trend lines (default: enabled).
Bullish Color: Color for bullish short trend lines (default: teal).
Bearish Color: Color for bearish short trend lines (default: purple).
Style: Line style (default: dotted).
General Display Settings
Break Check Price: Selects the price type for breakout detection (Close, High, or Low; default: Close).
Show Previous Trendlines: Option to display historical main trend lines (default: disabled).
Label Size: Size of breakout labels (Tiny, Small, Normal, Large, Huge; default: Small).
Filter Settings
ADX Threshold: Minimum ADX value for trend strength confirmation (default: 25).
Volume MA Period: Period for the volume moving average (default: 20).
RSI Filter: Enable/disable RSI filtering (default: enabled).
RSI Upper Threshold: Upper RSI limit for overbought conditions (default: 65).
RSI Lower Threshold: Lower RSI limit for oversold conditions (default: 35).
4. Technical Calculations
The indicator relies on several technical calculations to ensure accuracy:
Pivot Points: Pivot highs and lows are detected using the ta.pivothigh and ta.pivotlow functions, with separate lengths for Main, Mid, and Short trend lines.
Slope Calculation: The slope of each trend line is calculated as the change in price divided by the change in bar index between two pivot points.
ADX Calculation: ADX is computed using a 14-period Directional Movement Index (DMI), with smoothing over 14 bars.
RSI Calculation: RSI is calculated over a 14-period lookback using the ta.rsi function.
Volume Moving Average: A simple moving average (SMA) of volume is used to determine if current volume exceeds the average.
5. Strict Mode Validation
To ensure the reliability of trend lines, the indicator employs a strict mode check:
For bearish trend lines, all prices between pivot points must remain below the projected trend line.
For bullish trend lines, all prices must remain above the projected trend line.
Post-pivot break checks ensure that no breakouts occur between pivot points, enhancing the validity of the trend line.
6. Trend Line Extension
Trend lines are dynamically extended forward until a breakout occurs. The extension logic:
Projects the trend line using the calculated slope.
Continuously validates the extension using strict mode checks.
Stops extension upon a breakout, fixing the trend line at the breakout point.
7. Alerts and Labels
Labels: Breakout labels are placed above (for bearish breakouts) or below (for bullish breakouts) the price bar. Labels include:
A prefix indicating the trend line type (B for Main, M for Mid, S for Short).
A suffix showing satisfied filters (e.g., for Volume, ADX, and RSI).
Alerts: Each breakout triggers a one-time alert per bar close, with a descriptive message indicating the trend line type and filters met.
Detailed Code Breakdown
1. Initialization and Inputs
The script begins by defining the indicator with indicator('Smart Trend Lines ', overlay = true), ensuring it overlays on the price chart. Input settings are grouped into categories (Main, Mid, Short, General Display, Filters) for user convenience. Each input includes a tooltip in both English and Arabic, enhancing accessibility.
2. Technical Indicator Calculations
Volume MA: Calculated using ta.sma(volume, volPeriod) to compare current volume against the average.
ADX: Computed using custom dirmov and adx functions, which calculate the Directional Movement Index and smooth it over 14 periods.
RSI: Calculated with ta.rsi(close, rsiPeriod) over 14 periods.
Price Selection: The priceToCheck function selects the price type (Close, High, or Low) for breakout detection.
3. Pivot Detection
Pivot points are detected using ta.pivothigh and ta.pivotlow for each trend line type. The lookback period is set to the respective trend line length (e.g., 50 for Main, 21 for Mid, 9 for Short).
4. Trend Line Logic
For each trend line type (Main, Mid, Short):
Bearish Trend Lines: Identified when two consecutive pivot highs form a downward slope. The script validates the trend line using strict mode and post-pivot break checks.
Bullish Trend Lines: Identified when two consecutive pivot lows form an upward slope, with similar validation.
Trend lines are drawn using line.new, with separate lines for the initial segment (between pivots) and the extended segment (from the second pivot forward).
5. Breakout Detection and Labeling
Breakouts are detected when the selected price crosses the trend line level. The script checks:
Volume conditions (above average and aligned with candle direction).
ADX condition (above threshold).
RSI condition (within thresholds if enabled). Labels are created with label.new, and alerts are triggered with alert.
6. Trend Line Extension
The extendTrendline function dynamically updates the trend line’s endpoint unless a breakout occurs. It uses strict mode checks to ensure the trend line remains valid.
7. Previous Trend Lines
If enabled, previous main trend lines are stored in arrays (previousBearishStartLines, previousBullishTrendLines, etc.) and displayed on the chart, providing historical context.
Disclaimer:
The information and publications are not intended to be, nor do they constitute, financial, investment, trading, or other types of advice or recommendations provided or endorsed by TradingView.
Market Structure Break with Volume & ATR#### Indicator Overview:
The *Market Structure Break with Volume & ATR (MSB+VolATR)* indicator is designed to identify significant market structure breakouts and breakdowns using a combination of price action, volume analysis, and volatility (ATR). It is particularly useful for traders who rely on higher timeframes for swing trading or positional trading. The indicator highlights bullish and bearish breakouts, retests, fakeouts, and potential buy/sell signals based on RSI overbought/oversold conditions.
---
### Key Features:
1. *Market Structure Analysis*:
- Identifies swing highs and lows on a user-defined higher timeframe.
- Detects breakouts and breakdowns when price exceeds these levels with volume and ATR validation.
2. *Volume Validation*:
- Ensures breakouts are accompanied by above-average volume, reducing the likelihood of false signals.
3. *ATR Filter*:
- Filters out insignificant breakouts by requiring the breakout size to exceed a multiple of the ATR.
4. *RSI Integration*:
- Adds a momentum filter by considering overbought/oversold conditions using RSI.
5. *Visual Enhancements*:
- Draws colored boxes to highlight breakout zones.
- Labels breakouts, retests, and fakeouts for easy interpretation.
- Displays stop levels for potential trades.
6. *Alerts*:
- Provides alert conditions for buy and sell signals, enabling real-time notifications.
---
### Input Settings and Their Effects:
1. **Timeframe (tf):
- Determines the higher timeframe for market structure analysis.
- *Effect*: A higher timeframe (e.g., 1D) reduces noise and provides more reliable swing points, while a lower timeframe (e.g., 4H) may generate more frequent but less reliable signals.
2. **Lookback Period (length):
- Defines the number of historical bars used to identify significant highs and lows.
- *Effect*: A longer lookback period (e.g., 50) captures broader market structure, while a shorter period (e.g., 20) reacts faster to recent price action.
3. **ATR Length (atr_length):
- Sets the period for ATR calculation.
- *Effect*: A shorter ATR length (e.g., 14) reacts faster to recent volatility, while a longer length (e.g., 21) smooths out volatility spikes.
4. **ATR Multiplier (atr_multiplier):
- Filters insignificant breakouts by requiring the breakout size to exceed ATR × multiplier.
- *Effect*: A higher multiplier (e.g., 0.2) reduces false signals but may miss smaller breakouts.
5. **Volume Multiplier (volume_multiplier):
- Sets the volume threshold for breakout validation.
- *Effect*: A higher multiplier (e.g., 1.0) ensures stronger volume confirmation but may reduce the number of signals.
6. **RSI Length (rsi_length):
- Defines the period for RSI calculation.
- *Effect*: A shorter RSI length (e.g., 10) makes the indicator more sensitive to recent price changes, while a longer length (e.g., 20) smooths out RSI fluctuations.
7. *RSI Overbought/Oversold Levels*:
- Sets the thresholds for overbought (default: 70) and oversold (default: 30) conditions.
- *Effect*: Adjusting these levels can make the indicator more or less conservative in generating signals.
8. **Stop Loss Multiplier (SL_Multiplier):
- Determines the distance of the stop-loss level from the entry price based on ATR.
- *Effect*: A higher multiplier (e.g., 2.0) provides wider stops, reducing the risk of being stopped out prematurely but increasing potential losses.
---
### How It Works:
1. *Breakout Detection*:
- A bullish breakout occurs when the close exceeds the highest high of the lookback period, with volume above the threshold and breakout size exceeding ATR × multiplier.
- A bearish breakout occurs when the close falls below the lowest low of the lookback period, with similar volume and ATR validation.
2. *Retest Logic*:
- After a breakout, if price retests the breakout zone without closing beyond it, a retest label is displayed.
3. *Fakeout Detection*:
- If price briefly breaks out but reverses back into the range, a fakeout label is displayed.
4. *Buy/Sell Signals*:
- A sell signal is generated when price reverses below a bullish breakout zone and RSI is overbought.
- A buy signal is generated when price reverses above a bearish breakout zone and RSI is oversold.
5. *Stop Levels*:
- Stop-loss levels are plotted based on ATR × SL_Multiplier, providing a visual guide for risk management.
---
### Who Can Use It and How:
1. *Swing Traders*:
- Use the indicator on daily or 4-hour timeframes to identify high-probability breakout trades.
- Combine with other technical analysis tools (e.g., trendlines, Fibonacci levels) for confirmation.
2. *Positional Traders*:
- Apply the indicator on weekly or daily charts to capture long-term trends.
- Use the stop-loss levels to manage risk over extended periods.
3. *Algorithmic Traders*:
- Integrate the buy/sell signals into automated trading systems.
- Use the alert conditions to trigger trades programmatically.
4. *Risk-Averse Traders*:
- Adjust the ATR and volume multipliers to filter out low-probability trades.
- Use wider stop-loss levels to avoid premature exits.
---
### Where to Use It:
- *Forex*: Identify breakouts in major currency pairs.
- *Stocks*: Spot trend reversals in high-volume stocks.
- *Commodities*: Trade breakouts in gold, oil, or other commodities.
- *Crypto*: Apply to Bitcoin, Ethereum, or other cryptocurrencies for volatile breakout opportunities.
---
### Example Use Case:
- *Timeframe*: 1D
- *Lookback Period*: 50
- *ATR Length*: 14
- *ATR Multiplier*: 0.1
- *Volume Multiplier*: 0.5
- *RSI Length*: 14
- *RSI Overbought/Oversold*: 70/30
- *SL Multiplier*: 1.5
In this setup, the indicator will:
1. Identify significant swing highs and lows on the daily chart.
2. Validate breakouts with volume and ATR filters.
3. Generate buy/sell signals when price reverses and RSI confirms overbought/oversold conditions.
4. Plot stop-loss levels for risk management.
---
### Conclusion:
The *MSB+VolATR* indicator is a versatile tool for traders seeking to capitalize on market structure breakouts with added confirmation from volume and volatility. By customizing the input settings, traders can adapt the indicator to their preferred trading style and risk tolerance. Whether you're a swing trader, positional trader, or algorithmic trader, this indicator provides actionable insights to enhance your trading strategy.
Volatility-Volume Index (VVI)Volatility-Volume Index (VVI) – Indicator Description
The Volatility-Volume Index (VVI) is a custom trading indicator designed to identify market consolidation and anticipate breakouts by combining volatility (ATR) and trading volume into a single metric.
How It Works
Measures Volatility : Uses a 14-period Average True Range (ATR) to gauge price movement intensity.
Tracks Volume : Monitors trading activity to identify accumulation or distribution phases.
Normalization : ATR and volume are normalized using their respective 20-period Simple Moving Averages (SMA) for a balanced comparison.
Interpretation
VVI < 1: Low volatility and volume → Consolidation phase (range-bound market).
VVI > 1: Increased volatility and/or volume → Potential breakout or trend continuation.
How to Use VVI
Detect Consolidation:
Look for extended periods where VVI remains below 1.
Confirm with sideways price movement in a narrow range.
Anticipate Breakouts:
A spike above 1 signals a possible trend shift or breakout.
Why Use VVI?
Unlike traditional volatility indicators (ATR, Bollinger Bands) or volume-based tools (VWAP), VVI combines both elements to provide a clearer picture of consolidation zones and breakout potential.
Johnny's Volatility-Driven Trend Identifier w/ Reversal SignalsJohnny's Volatility-Driven Trend Identifier w/ Reversal Signals is designed to identify high-probability trend shifts and reversals by incorporating volatility, momentum, and impulse-based filtering. It is specifically built for traders who want to capture strong trend movements while minimizing false signals caused by low volatility noise.
By leveraging Rate of Change (ROC), Relative Strength Index (RSI), and Average True Range (ATR)-based volatility detection, the indicator dynamically adapts to market conditions. It highlights breakout trends, reversals, and early signs of momentum shifts using strategically placed labels and color-coded trend visualization.
Inspiration taken from Top G indicator .
What This Indicator Does
The Volatility-Driven Trend Identifier works by:
Measuring Market Extremes & Momentum:
Uses ROC normalization with standard deviation to identify impulse moves in price action.
Implements RSI filtering to determine overbought/oversold conditions that validate trend strength.
Utilizes ATR-based volatility tracking to ensure signals only appear when meaningful market movements are occurring.
Identifying Key Trend Events:
Power Peak (🔥): Marks a confirmed strong downtrend, ideal for shorting opportunities.
Surge (🚀): Indicates a confirmed strong uptrend, signaling a potential long entry.
Soft Surge (↗): Highlights a mild bullish reentry or early uptrend formation.
Soft Peak (↘): Shows a mild bearish reentry or early downtrend formation.
Providing Adaptive Filtering for Reliable Signals:
Filters out weak trends with a volatility check, ensuring signals appear only in strong market conditions.
Implements multi-level confirmation by combining trend strength metrics, preventing false breakouts.
Uses gradient-based visualization to color-code market sentiment for quick interpretation.
What This Indicator Signals
Breakouts & Impulse Moves: 🚀🔥
The Surge (🚀) and Power Peak (🔥) labels indicate confirmed momentum breakouts, where the trend has been validated by a combination of ROC impulse, RSI confirmation, and ATR volatility filtering.
These signals suggest that the market is entering a strong trend, and traders can align their entries accordingly.
Early Trend Formation & Reentries: ↗ ↘
The Soft Surge (↗) and Soft Peak (↘) labels indicate areas where a trend might be forming, but is not yet fully confirmed.
These signals help traders anticipate potential entries before the trend gains full strength.
Volatility-Adaptive Trend Filtering: 📊
Since the indicator only activates in volatile conditions, it avoids the pitfalls of low-range choppy markets where false signals frequently occur.
ATR-driven adaptive windowing allows the indicator to dynamically adjust its sensitivity based on real-time volatility conditions.
How to Use This Indicator
1. Identifying High-Probability Entries
Bullish Entries (Long Trades)
Look for 🚀 Surge signals in an uptrend.
Confirm with RSI (should be above 50 for momentum).
Ensure volatility is increasing to validate the breakout.
Use ↗ Soft Surge signals for early entries before the trend fully confirms.
Bearish Entries (Short Trades)
Look for 🔥 Power Peak signals in a downtrend.
RSI should be below 50, indicating downward momentum.
Volatility should be rising, ensuring market momentum is strong.
Use ↘ Soft Peak signals for early entries before a full bearish confirmation.
2. Avoiding False Signals
Ignore signals when the market is ranging (low ATR).
Check RSI and ROC alignment to ensure trend confirmation.
Use additional confluences (e.g., price action, support/resistance levels, moving averages) for enhanced accuracy.
3. Trend Confirmation & Filtering
The stronger the trend, the higher the likelihood that Surge (🚀) and Power Peak (🔥) signals will continue in their direction.
Soft Surge (↗) and Soft Peak (↘) act as early warning signals before major breakouts occur.
What Makes This a Machine Learning-Inspired Moving Average?
While this indicator is not a direct implementation of machine learning (as Pine Script lacks AI/ML capabilities), it mimics machine learning principles by adapting dynamically to market conditions using the following techniques:
Adaptive Trend Selection:
It does not rely on fixed moving averages but instead adapts dynamically based on volatility expansion and momentum detection.
ATR-based filtering adjusts the indicator’s sensitivity to real-time conditions.
Multi-Factor Confirmation (Feature Engineering Equivalent in ML):
Combines ROC, RSI, and ATR in a structured way, similar to how ML models use multiple inputs to filter and classify data.
Implements conditional trend recognition, ensuring that only valid signals pass through the filter.
Noise Reduction with Data Smoothing:
The algorithm avoids false signals by incorporating trend intensity thresholds, much like how ML models remove outliers to refine predictions.
Adaptive filtering ensures that low-volatility environments do not produce misleading signals.
Why Use This Indicator?
✔ Reduces False Signals: Multi-factor validation ensures only high-confidence signals are triggered.
✔ Works in All Market Conditions: Volatility-adaptive nature allows the indicator to perform well in both trending and ranging markets.
✔ Great for Swing & Intraday Trading: It helps spot momentum shifts early and allows traders to catch major market moves before they fully develop.
✔ Visually Intuitive: Color-coded trends and clear signal markers make it easy to interpret.
Adaptive Kalman Trend Filter (Zeiierman)█ Overview
The Adaptive Kalman Trend Filter indicator is an advanced trend-following tool designed to help traders accurately identify market trends. Utilizing the Kalman Filter—a statistical algorithm rooted in control theory and signal processing—this indicator adapts to changing market conditions, smoothing price data to filter out noise. By focusing on state vector-based calculations, it dynamically adjusts trend and range measurements, making it an excellent tool for both trend-following and range-based trading strategies. The indicator's adaptive nature is enhanced by options for volatility adjustment and three unique Kalman filter models, each tailored for different market conditions.
█ How It Works
The Kalman Filter works by maintaining a model of the market state through matrices that represent state variables, error covariances, and measurement uncertainties. Here’s how each component plays a role in calculating the indicator’s trend:
⚪ State Vector (X): The state vector is a two-dimensional array where each element represents a market property. The first element is an estimate of the true price, while the second element represents the rate of change or trend in that price. This vector is updated iteratively with each new price, maintaining an ongoing estimate of both price and trend direction.
⚪ Covariance Matrix (P): The covariance matrix represents the uncertainty in the state vector’s estimates. It continuously adapts to changing conditions, representing how much error we expect in our trend and price estimates. Lower covariance values suggest higher confidence in the estimates, while higher values indicate less certainty, often due to market volatility.
⚪ Process Noise (Q): The process noise matrix (Q) is used to account for uncertainties in price movements that aren’t explained by historical trends. By allowing some degree of randomness, it enables the Kalman Filter to remain responsive to new data without overreacting to minor fluctuations. This noise is particularly useful in smoothing out price movements in highly volatile markets.
⚪ Measurement Noise (R): Measurement noise is an external input representing the reliability of each new price observation. In this indicator, it is represented by the setting Measurement Noise and determines how much weight is given to each new price point. Higher measurement noise makes the indicator less reactive to recent prices, smoothing the trend further.
⚪ Update Equations:
Prediction: The state vector and covariance matrix are first projected forward using a state transition matrix (F), which includes market estimates based on past data. This gives a “predicted” state before the next actual price is known.
Kalman Gain Calculation: The Kalman gain is calculated by comparing the predicted state with the actual price, balancing between the covariance matrix and measurement noise. This gain determines how much of the observed price should influence the state vector.
Correction: The observed price is then compared to the predicted price, and the state vector is updated using this Kalman gain. The updated covariance matrix reflects any adjustment in uncertainty based on the latest data.
█ Three Kalman Filter Models
Standard Model: Assumes that market fluctuations follow a linear progression without external adjustments. It is best suited for stable markets.
Volume Adjusted Model: Adjusts the filter sensitivity based on trading volume. High-volume periods result in stronger trends, making this model suitable for volume-driven assets.
Parkinson Adjusted Model: Uses the Parkinson estimator, accounting for volatility through high-low price ranges, making it effective in markets with high intraday fluctuations.
These models enable traders to choose a filter that aligns with current market conditions, enhancing trend accuracy and responsiveness.
█ Trend Strength
The Trend Strength provides a visual representation of the current trend's strength as a percentage based on oscillator calculations from the Kalman filter. This table divides trend strength into color-coded segments, helping traders quickly assess whether the market is strongly trending or nearing a reversal point. A high trend strength percentage indicates a robust trend, while a low percentage suggests weakening momentum or consolidation.
█ Trend Range
The Trend Range section evaluates the market's directional movement over a specified lookback period, highlighting areas where price oscillations indicate a trend. This calculation assesses how prices vary within the range, offering an indication of trend stability or the likelihood of reversals. By adjusting the trend range setting, traders can fine-tune the indicator’s sensitivity to longer or shorter trends.
█ Sigma Bands
The Sigma Bands in the indicator are based on statistical standard deviations (sigma levels), which act as dynamic support and resistance zones. These bands are calculated using the Kalman Filter's trend estimates and adjusted for volatility (if enabled). The bands expand and contract according to market volatility, providing a unique visualization of price boundaries. In high-volatility periods, the bands widen, offering better protection against false breakouts. During low volatility, the bands narrow, closely tracking price movements. Traders can use these sigma bands to spot potential entry and exit points, aiming for reversion trades or trend continuation setups.
Trend Based
Volatility Based
█ How to Use
Trend Following:
When the Kalman Filter is green, it signals a bullish trend, and when it’s red, it indicates a bearish trend. The Sigma Cloud provides additional insights into trend strength. In a strong bullish trend, the cloud remains below the Kalman Filter line, while in a strong bearish trend, the cloud stays above it. Expansion and contraction of the Sigma Cloud indicate market momentum changes. Rapid expansion suggests an impulsive move, which could either signal the continuation of the trend or be an early sign of a possible trend reversal.
Mean Reversion: Watch for prices touching the upper or lower sigma bands, which often act as dynamic support and resistance.
Volatility Breakouts: Enable volatility-adjusted sigma bands. During high volatility, watch for price movements that extend beyond the bands as potential breakout signals.
Trend Continuation: When the Kalman Filter line aligns with a high trend strength, it signals a continuation in that direction.
█ Settings
Measurement Noise: Adjusts how sensitive the indicator is to price changes. Higher values smooth out fluctuations but delay reaction, while lower values increase sensitivity to short-term changes.
Kalman Filter Model: Choose between the standard, volume-adjusted, and Parkinson-adjusted models based on market conditions.
Band Sigma: Sets the standard deviation used for calculating the sigma bands, directly affecting the width of the dynamic support and resistance.
Volatility Adjusted Bands: Enables bands to dynamically adapt to volatility, increasing their effectiveness in fluctuating markets.
Trend Strength: Defines the lookback period for trend strength calculation. Shorter periods result in more responsive trend strength readings, while longer periods smooth out the calculation.
Trend Range: Specifies the lookback period for the trend range, affecting the assessment of trend stability over time.
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Disclaimer
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
