Strat Failed 2-Up/2-Down Scanner v2**Strat Failed 2-Up/2-Down Scanner**
The Strat Failed 2-Up/2-Down Scanner is designed for traders using The Strat methodology, developed by Rob Smith, to identify key reversal patterns in any market and timeframe. This indicator detects two specific candlestick patterns: Failed 2-Up (bearish) and Failed 2-Down (bullish), which signal potential reversals when a directional move fails to follow through.
**What It Does**
- **Failed 2-Up**: Identifies a bearish candle where the low and high are higher than the previous candle’s low and high, but the close is below the open, indicating a failed attempt to continue an uptrend. These are marked with a red candlestick, a red downward triangle above the bar, and a table entry.
- **Failed 2-Down**: Identifies a bullish candle where the high and low are lower than the previous candle’s high and low, but the close is above the open, signaling a failed downtrend. These are marked with a green candlestick, a green upward triangle below the bar, and a table entry.
- A table in the top-right corner displays the signal type ("Failed 2-Up" or "Failed 2-Down") and the ticker symbol for quick reference.
- Alerts are provided for both patterns, making the indicator compatible with TradingView’s screener for automated scanning.
**How It Works**
The indicator analyzes each candlestick’s high, low, and close relative to the previous candle:
- Failed 2-Up: `low > low `, `high > high `, `close < open`.
- Failed 2-Down: `high < high `, `low < low `, `close > open`.
When these conditions are met, the indicator applies visual markers (colored bars and triangles) and updates the signal table. Alert conditions trigger notifications for integration with TradingView’s alert system.
**How to Use**
1. Apply the indicator to any chart (stocks, forex, crypto, etc.) on any timeframe (e.g., 1-minute, hourly, daily).
2. Monitor the chart for red (Failed 2-Up) or green (Failed 2-Down) candlesticks with corresponding triangles.
3. Check the top-right table for the latest signal and ticker.
4. Set alerts by selecting “Failed 2-Up Detected” or “Failed 2-Down Detected” in TradingView’s alert menu to receive notifications (e.g., via email or app).
5. Use the signals to identify potential reversal setups in conjunction with other Strat-based analysis, such as swing levels or time-based strategies.
**Originality**
Unlike other Strat indicators that may focus on swing levels or complex candlestick combinations, this scanner specifically targets Failed 2-Up and Failed 2-Down patterns with clear, minimalist visualizations (bars, triangles, table) and robust alert functionality. Its simplicity makes it accessible for both novice and experienced traders using The Strat methodology.
**Ideal For**
Day traders, swing traders, and scalpers looking to capitalize on reversal signals in trending or ranging markets. The indicator is versatile for any asset class and timeframe, enhancing trade decision-making with The Strat’s pattern-based approach.
在脚本中搜索"entry"
LANZ Strategy 2.0🔷 LANZ Strategy 2.0 — London Breakout Confirmation with Structural Swing Protection
LANZ Strategy 2.0 is a structured trading system that leverages the last confirmed market direction before the London session to define directional bias and manage trades based on key structural swing levels. It is tailored for intraday traders looking to capitalize on early London volatility with built-in risk management and visual clarity.
🧠 Core Components:
Directional Confirmation (Pre-London Bias): Validates the last breakout or structural move from the 15-minute timeframe before 02:15 a.m. New York time (start of the London session), establishing the expected market direction.
Time-Based Execution: Executes potential entries strictly at 02:15 a.m. NY time, using market structure to support Long or Short bias.
Dynamic Swing-Based SL System: Allows user to select between three SL protection models: First Swing (most recent structural point) Second Swing (prior level) Total Coverage (includes both swings + extra buffer) This supports flexibility based on trader profile or market conditions.
Visual Risk Mapping: All SL and TP levels are clearly plotted.
End-of-Session Management: Positions are automatically evaluated for closure at 11:45 a.m. NY time. SL, TP, or manual close outcomes are labeled accordingly.
📊 Visual Features:
Labels for 1st and 2nd swing levels upon entry.
Dynamic lines projecting SL/TP levels toward the end of the session.
Session background coloring for Pre-London, Execution, and NY sessions.
Real-time percentage outcome labels (+2.00%, -1.00%, or net % at session end).
Automatic deletion of previous visuals on new entries for clean charting.
⚙️ How It Works:
Detects last structural breakout on the 15m timeframe before 02:15 a.m. NY.
On the 02:15 a.m. candle, executes a Long or Short logic entry.
Plots corresponding SL and TP based on selected swing model.
Monitors price action: If TP or SL is hit, labels it accordingly. If no exit is hit, trade closes manually at 11:45 a.m. NY with net result shown.
Optional logic to reverse entries if market structure breaks before execution.
🔔 Alerts:
Daily execution alert at 02:15 a.m. NY (prompting manual review or action).
Optional alert logic can be extended for SL/TP hits or structure breaks.
📝 Notes:
Designed for semi-automated or discretionary intraday trading.
Best used on Forex pairs or indices with strong London session behavior.
Adjustable parameters include session hours, swing SL type, and buffer settings.
Credits:
Developed by LANZ, this script combines time-based execution with dynamic structure protection, offering a disciplined framework for participating in the London session breakout with clear visuals and risk logic.
Price Lag Factor (PLF)📊 Price Lag Factor (PLF) for Crypto Traders: A Comprehensive Breakdown
The Price Lag Factor (PLF) is a momentum indicator designed to identify overextended price movements and gauge market momentum. It is particularly optimized for the crypto market, which is known for its high volatility and rapid trend shifts.
🔎 What is the Price Lag Factor (PLF)?
The PLF measures the difference between long-term and short-term price momentum and scales it dynamically based on recent volatility. This helps traders identify when the market might be overbought or oversold while filtering out noise.
The formula used in the PLF calculation is:
PLF = (Z-Long - Z-Short) / Stdev(PLF)
Where:
Z-long: Z-score of the long-term moving average (50-period by default).
Z-short: Z-score of the short-term moving average (14-period by default).
Stdev(PLF): Standard deviation of the PLF over a longer period (50-period by default).
🧠 How to Interpret the PLF:
1. Trend Direction:
Positive PLF (Green Bars): Indicates bullish momentum. The long-term trend is up, and short-term movements are confirming it.
Negative PLF (Red Bars): Indicates bearish momentum. The long-term trend is down, and short-term movements are consistent with it.
2. Momentum Strength:
PLF near Zero (±0.5): Low momentum; trend direction is not strong.
PLF between ±1 and ±2: Moderate momentum, indicating that the market is moving with strength but not in an overextended state.
PLF beyond ±2: High momentum (overbought/oversold), indicating potential trend exhaustion and a possible reversal.
📈 Trading Strategies:
1. Trend Following:
Bullish Signal:
Enter long when PLF crosses above 0 and remains green.
Confirm with other indicators like RSI or MACD to reduce false signals.
Bearish Signal:
Enter short when PLF crosses below 0 and remains red.
Use trend confirmation (e.g., moving average crossover) for better accuracy.
2. Reversal Trading:
Overbought Signal:
If PLF rises above +2, look for signs of bearish divergence or a reversal pattern to consider a short entry.
Oversold Signal:
If PLF falls below -2, watch for bullish divergence or a support bounce to consider a long entry.
3. Momentum Divergence:
Bullish Divergence:
Price makes a lower low while PLF makes a higher low.
Indicates weakening bearish momentum and a potential bullish reversal.
Bearish Divergence:
Price makes a higher high while PLF makes a lower high.
Signals weakening bullish momentum and a potential bearish reversal.
💡 Best Practices:
Combine with Volume:
Volume spikes during high PLF readings can confirm trend continuation.
Low volume during PLF extremes may hint at false breakouts.
Watch for Extreme Levels:
PLF beyond ±2 suggests overextended price action. Use caution when entering new positions.
Confirm with Other Indicators:
Use with Relative Strength Index (RSI) or Bollinger Bands to get a better sense of overbought/oversold conditions.
Overlay with a moving average to gauge trend consistency.
🚀 Why the PLF Works for Crypto:
Crypto markets are highly volatile and prone to rapid trend changes. The PLF's adaptive scaling ensures it remains relevant regardless of market conditions.
It highlights momentum shifts more accurately than static indicators because it accounts for changing volatility in its calculation.
🚨 Disclaimer for Traders Using the Price Lag Factor (PLF) Indicator:
The Price Lag Factor (PLF) indicator is designed as a technical analysis tool to gauge momentum and identify potential overbought or oversold conditions. However, it should not be relied upon as a sole decision-making factor for trading or investing.
Important Points to Consider:
Market Risk: Trading cryptocurrencies and other financial assets involves significant risk. The PLF may not accurately predict future price movements, especially during unexpected market events.
Indicator Limitations: No technical indicator, including the PLF, is infallible. False signals can occur, particularly in low-volume or highly volatile conditions.
Supplementary Analysis: Always combine PLF insights with other technical indicators, fundamental analysis, and risk management strategies to make informed decisions.
Personal Judgment: Traders should use their own discretion when interpreting PLF signals and never trade based solely on this indicator.
No Guarantees: The PLF is designed for educational and informational purposes only. Past performance is not indicative of future results.
Always perform thorough research and consider consulting with a professional financial advisor before making any trading decisions.
TrendCraft ICT SwiftEdge// The TrendCraft ICT SwiftEdge is a trend-following indicator that combines Simple Moving Averages (SMAs) with Inner Circle Trader (ICT) concepts, specifically Break of Structure (BOS) and Market Structure Shift (MSS), to generate precise buy and sell signals. This unique mashup leverages the strengths of trend confirmation through SMAs and market structure analysis via ICT to help traders identify high-probability trend entries. The indicator is designed to be intuitive, customizable, and suitable for traders of all levels seeking to align with market trends on various timeframes.
//
// ### What It Does
// The indicator plots two SMAs based on the high and low prices of candles to define the trend direction. It colors the SMAs and fills the area between them to visually indicate whether the price is in a bullish (above both SMAs), bearish (below both SMAs), or neutral (between SMAs) state. Simultaneously, it identifies BOS and MSS levels on a user-defined higher timeframe to confirm trend continuation or reversal points. Buy and sell signals are generated when the price closes above/below the latest BOS or MSS level (based on user preference) while also being correctly positioned relative to the SMAs, ensuring alignment with the trend.
//
// ### Why Combine SMAs and ICT?
// SMAs provide a reliable way to gauge trend direction by smoothing price data, but they can lag or generate false signals in choppy markets. ICT's BOS and MSS concepts address this by focusing on key market structure breaks, offering context for significant price movements. By requiring price to close beyond a BOS or MSS level and align with the SMA-defined trend, the TrendCraft ICT SwiftEdge filters out noise and enhances signal reliability. This combination creates a robust system that balances trend-following simplicity with structural market insights, making it ideal for trend traders.
//
// ### How to Use
// 1. **SMA Length**: Adjust the `SMA Length` (default: 20) to control the sensitivity of the SMAs. Shorter lengths react faster to price changes, while longer lengths provide smoother trends.
// 2. **Structure Timeframe**: Set the `Structure Timeframe` to a higher timeframe (e.g., "1H" on a 15M chart) to calculate BOS and MSS levels. This ensures structural signals are based on significant market moves.
// 3. **Chart Timeframe**: Select the `Chart Timeframe` to optimize pivot point calculations for your current chart (e.g., "30M" for a 30-minute chart).
// 4. **Signal Type**: Choose between "BOS" (default) for signals based on trend continuation breaks or "MSS" for signals based on potential reversal points (breakers).
// 5. **Display Options**: Enable/disable `Show Continuation (BOS)` and `Show Breaker (MSS)` to toggle the visibility of BOS and MSS lines. Customize their colors for better chart clarity.
//
// ### Signals
// - **Buy Signal**: Appears when the close price crosses above the latest BOS or MSS level (based on Signal Type) and is above both SMAs, indicating a bullish trend entry. Marked with a green "Buy" label.
// - **Sell Signal**: Appears when the close price crosses below the latest BOS or MSS level (based on Signal Type) and is below both SMAs, indicating a bearish trend entry. Marked with a red "Sell" label.
//
// ### Originality
// The TrendCraft ICT SwiftEdge stands out by integrating the trend-following reliability of SMAs with the structural precision of ICT's BOS and MSS. Unlike standalone SMA or ICT indicators, this script requires both trend alignment and structural confirmation, reducing false signals. The user-selectable Signal Type (BOS or MSS) adds versatility, allowing traders to adapt the indicator to trend-following or counter-trend strategies. Its dynamic timeframe adjustments and visual clarity make it a unique tool for traders seeking to capture trend entries with confidence.
//
// ### Notes
// - Ensure the `Structure Timeframe` is higher than your chart timeframe to avoid calculation issues.
// - Signals are generated only when the trend state changes to avoid redundant signals in the same trend direction.
// - Past performance is not indicative of future results. Always combine this indicator with other analysis and risk management techniques.
Reversal + Confirm ZonesThis script is written in Pine Script (version 5) for TradingView and creates an indicator called **"Reversal + Confirm Zones"**. It overlays visual zones on a price chart to identify potential reversal points and confirmation signals for trading. The indicator combines **Bollinger Bands** and **RSI** to detect overbought/oversold conditions (reversal zones) and uses **EMA crosses** and **MACD zero-line crosses** to confirm bullish or bearish trends. Below is a detailed explanation:
---
### **1. Purpose**
- The script highlights:
- **Reversal Zones**: Areas where the price might reverse due to being overbought (green) or oversold (red).
- **Confirmation Zones**: Areas where a trend reversal is confirmed using EMA and MACD signals (green for bullish, red for bearish).
- It provides visual backgrounds and alerts to assist traders in spotting potential trade setups.
---
### **2. Components**
The script is divided into two main parts: **Reversal Logic** and **Confirmation Logic**.
---
### **3. Reversal Logic (Red & Green Zones)**
#### **Bollinger Bands**
- **Parameters**:
- Length: 20 periods.
- Source: Closing price (`close`).
- Multiplier: 2.0 (standard deviations).
- **Calculation**:
- `basis`: 20-period Simple Moving Average (SMA).
- `dev`: 2 times the standard deviation of the price over 20 periods.
- `upper`: `basis + dev` (upper band).
- `lower`: `basis - dev` (lower band).
- **Purpose**: Identifies when the price moves outside the normal range (beyond 2 standard deviations).
#### **Relative Strength Index (RSI)**
- **Parameters**:
- Length: 14 periods.
- Low Threshold: 30 (oversold).
- High Threshold: 70 (overbought).
- **Calculation**: `rsiValue = ta.rsi(close, rsiLength)`.
- **Purpose**: Measures momentum to confirm overbought or oversold conditions.
#### **Zone Conditions**
- **Red Zone (Oversold)**:
- Condition: `close < lower` (price below lower Bollinger Band) AND `rsiValue < rsiLowThreshold` (RSI < 30).
- Visual: Light red background (`color.new(color.red, 80)`).
- Alert: "Deep Oversold Signal triggered!".
- **Green Zone (Overbought)**:
- Condition: `close > upper` (price above upper Bollinger Band) AND `rsiValue > rsiHighThreshold` (RSI > 70).
- Visual: Light green background (`color.new(color.green, 80)`).
- Alert: "Deep Overbought Signal triggered!".
#### **Interpretation**
- Red Zone: Suggests the price is oversold and may reverse upward.
- Green Zone: Suggests the price is overbought and may reverse downward.
---
### **4. Confirmation Logic (EMA and MACD Crosses)**
#### **Exponential Moving Averages (EMAs)**
- **Parameters**:
- Short EMA Length: 9 periods (user adjustable).
- Long EMA Length: 21 periods (user adjustable).
- **Calculation**:
- `emaShort = ta.ema(close, emaShortLength)`.
- `emaLong = ta.ema(close, emaLongLength)`.
- **Conditions**:
- **Bullish EMA Cross**: `emaCrossBullish = ta.crossover(emaShort, emaLong)` (9 EMA crosses above 21 EMA).
- **Bearish EMA Cross**: `emaCrossBearish = ta.crossunder(emaShort, emaLong)` (9 EMA crosses below 21 EMA).
#### **MACD**
- **Parameters**:
- Fast Length: 12 periods (user adjustable).
- Slow Length: 26 periods (user adjustable).
- Signal Smoothing: 9 periods (user adjustable).
- **Calculation**:
- ` = ta.macd(close, macdFastLength, macdSlowLength, macdSignalSmoothing)`.
- Only the MACD line and signal line are used; the histogram is ignored (`_`).
- **Conditions**:
- **Bullish MACD Cross**: `macdCrossBullish = ta.crossover(macdLine, 0)` (MACD crosses above zero).
- **Bearish MACD Cross**: `macdCrossBearish = ta.crossunder(macdLine, 0)` (MACD crosses below zero).
#### **Combined Confirmation Conditions**
- **Bullish Confirmation**:
- Condition: `bullishConfirmation = emaCrossBullish and macdCrossBullish`.
- Visual: Very light green background (`color.new(color.green, 90)`).
- Meaning: A bullish trend is confirmed when the 9 EMA crosses above the 21 EMA AND the MACD crosses above zero.
- **Bearish Confirmation**:
- Condition: `bearishConfirmation = emaCrossBearish and macdCrossBearish`.
- Visual: Very light red background (`color.new(color.red, 90)`).
- Meaning: A bearish trend is confirmed when the 9 EMA crosses below the 21 EMA AND the MACD crosses below zero.
---
### **5. Visual Outputs**
- **Reversal Zones**:
- Red background for oversold conditions.
- Green background for overbought conditions.
- **Confirmation Zones**:
- Light green background for bullish confirmation.
- Light red background for bearish confirmation.
- Note: The script does not plot the Bollinger Bands, EMAs, or MACD lines—only the background zones are visualized.
---
### **6. Alerts**
- **Deep Oversold Alert**: Triggers when the red zone condition is met.
- **Deep Overbought Alert**: Triggers when the green zone condition is met.
- No alerts are set for the confirmation zones (EMA/MACD crosses).
---
### **7. How It Works**
1. **Reversal Detection**:
- The script uses Bollinger Bands and RSI to flag extreme price levels (red for oversold, green for overbought).
- These zones suggest potential reversals but are not confirmed yet.
2. **Trend Confirmation**:
- EMA crosses (9/21) and MACD zero-line crosses provide confirmation of a trend direction.
- Bullish confirmation (green) occurs when both indicators align upward.
- Bearish confirmation (red) occurs when both indicators align downward.
3. **Trading Strategy**:
- Look for a red zone (oversold) followed by a bullish confirmation for a potential long entry.
- Look for a green zone (overbought) followed by a bearish confirmation for a potential short entry.
---
### **8. How to Use**
1. Add the script to TradingView.
2. Adjust inputs (EMA lengths, MACD settings) if desired.
3. Monitor the chart:
- Red zones indicate oversold conditions—watch for a potential upward reversal.
- Green zones indicate overbought conditions—watch for a potential downward reversal.
- Light green/red backgrounds confirm the trend direction after a reversal zone.
4. Set up alerts for oversold/overbought conditions to catch reversal signals early.
---
### **9. Key Features**
- **Dual Purpose**: Combines reversal detection (Bollinger Bands + RSI) with trend confirmation (EMA + MACD).
- **Visual Simplicity**: Uses background colors instead of plotting lines, keeping the chart clean.
- **Customizable**: Allows users to tweak EMA and MACD periods.
- **Alerts**: Notifies users of extreme conditions for timely action.
---
### **10. Limitations**
- No plotted indicators (e.g., Bollinger Bands, EMAs, MACD) for visual reference—relies entirely on background shading.
- Confirmation signals (EMA/MACD) may lag behind reversal zones, potentially missing fast reversals.
- No alerts for confirmation zones, limiting real-time notification of trend confirmation.
This script is ideal for traders who want a straightforward way to spot potential reversals and confirm them with trend-following indicators, all overlaid on the price chart.
Equity Curve with Trend Indicator (Long & Short) - SimulationOverview:
Market Regime Detector via Virtual Equity Curve is a unique indicator that simulates the performance of a trend-following trading system—incorporating both long and short trades—to help you identify prevailing market regimes. By generating a “virtual equity” curve based on simple trend signals and applying trend analysis directly on that curve, this indicator visually differentiates trending regimes from mean-reverting (or sideways) periods. The result is an intuitive display where green areas indicate a trending (bullish) regime (i.e., where trend-following strategies are likely to perform well) and red areas indicate a mean-reverting (bearish) regime.
Features:
Simulated Trade Performance:
Uses a built-in trend-following logic (a simple 10/50 SMA crossover example) to simulate both long and short trades. This simulation creates a virtual equity curve that reflects the cumulative performance of the system over time.
Equity Trend Analysis:
Applies an Exponential Moving Average (EMA) to the simulated equity curve to filter short-term noise. The EMA acts as a trend filter, enabling the indicator to determine if the equity curve is in an upward (trending) or downward (mean-reverting) phase.
Dynamic Visual Regime Detection:
Fills the area between the equity curve and its EMA with green when the equity is above the EMA (indicating a healthy trending regime) and red when below (indicating a mean-reverting or underperforming regime).
Customizable Parameters:
Easily adjust the initial capital, the length of the equity EMA, and other settings to tailor the simulation and visual output to your trading style and market preferences.
How It Works:
Trade Simulation:
The indicator generates trading signals using a simple SMA crossover:
When the 10-period SMA is above the 50-period SMA, it simulates a long entry.
When the 10-period SMA is below the 50-period SMA, it simulates a short entry. The virtual equity is updated bar-by-bar based on these simulated positions.
Equity Trend Filtering:
An EMA is calculated on the simulated equity curve to smooth out fluctuations. The relative position of the equity curve versus its EMA is then used as a proxy for the market regime:
Bullish Regime: Equity is above its EMA → fill area in green.
Bearish Regime: Equity is below its EMA → fill area in red.
Visualization:
The indicator plots:
A gray line representing the simulated equity curve.
An orange line for the EMA of the equity curve.
A dynamic fill between the two lines, colored green or red based on the prevailing regime.
Inputs & Customization:
Initial Capital: Set your starting virtual account balance (default: 10,000 USD).
Equity EMA Length: Specify the lookback period for the EMA applied to the equity curve (default: 30).
Trend Signal Logic:
The current implementation uses a simple SMA crossover for demonstration purposes. Users can modify or replace this logic with their own trend-following indicator to tailor the simulation further.
True Strength Index with Zones & AlertsKey Features:
True Strength Index (TSI) Calculation
Uses double-smoothed exponential moving averages (EMA) to calculate TSI.
A signal line (EMA of TSI) helps confirm trends.
Dynamic Color Coding for TSI Line
Green: TSI is above the signal line (Bullish).
Red: TSI is below the signal line (Bearish).
Crossover & Crossunder Signals
Bullish Crossover (TSI crosses above Signal Line) → Green Circle.
Bearish Crossunder (TSI crosses below Signal Line) → Red Circle.
Alerts for Trading Signals
Buy Alert: TSI crosses above the signal line.
Sell Alert: TSI crosses below the signal line.
Overbought & Oversold Zones
Overbought: Between 40 and 50 (Red Zone).
Oversold: Between -40 and -50 (Green Zone).
Highlighted Background when TSI enters these zones.
Neutral Line at 0
Helps determine trend direction and momentum shifts.
How to Use These Values:
• TSI Crosses Above Signal Line → Bullish entry.
• TSI Crosses Below Signal Line → Bearish entry.
• Overbought (+40 to +50) & Oversold (-40 to -50) zones → Watch for trend reversals.
• Divergence Signals → If price makes a new high/low but TSI doesn’t, momentum is weakening.
DIN: Dynamic Trend NavigatorDIN: Dynamic Trend Navigator
Overview
The Dynamic Trend Navigator script is designed to help traders identify and capitalize on market trends using a combination of Weighted Moving Averages (WMA), Volume Weighted Average Price (VWAP), and Anchored VWAP (AVWAP). The script provides customizable settings and flexible alerts for various crossover conditions, enhancing its utility for different trading strategies.
Key Features
- **1st and 2nd WMA**: Allows users to set and visualize two Weighted Moving Averages. These can be customized to any period, providing flexibility in trend identification.
- **VWAP and AVWAP**: Incorporates both VWAP and AVWAP, offering insights into price levels adjusted by volume.
- **ATR and ADX Indicators**: Includes the Average True Range (ATR) and Average Directional Index (ADX) to help assess market volatility and trend strength.
- **Flexible Alerts**: Configurable buy and sell alerts for any crossover condition, making it versatile for various trading strategies.
How to Use the Script
1. **Set the WMA Periods**: Customize the periods for the 1st and 2nd WMAs to suit your trading strategy.
2. **Enable VWAP and AVWAP**: Choose whether to include VWAP and AVWAP in your analysis by enabling the respective settings.
3. **Configure Alerts**: Set up alerts for the desired crossover conditions (WMA, VWAP, AVWAP) to receive notifications for potential trading opportunities.
4. **Monitor Signals**: Watch for buy and sell signals indicated by triangle shapes on the chart, which appear at the selected crossover points.
When to Use
- **Best Time to Use**: The script is most effective in trending markets where price movements are well-defined. It helps traders stay on the right side of the trend and avoid false signals during periods of low volatility.
- **When Not to Use**: Avoid using the script in choppy or sideways markets where price action lacks direction. The script may generate false signals in such conditions, leading to potential losses.
Benefits of VWAP and AVWAP
- **VWAP**: The Volume Weighted Average Price provides a price benchmark that adjusts for volume, helping traders identify fair value levels. It is particularly useful for intraday trading and gauging market sentiment.
- **AVWAP**: The Anchored VWAP allows traders to set a starting point for VWAP calculations, providing flexibility in analyzing price levels over specific periods or events. This helps in identifying key support and resistance levels based on volume.
Unique Aspects
- **Customizability**: The script offers extensive customization options for WMA periods, VWAP, AVWAP, and alert conditions, making it adaptable to various trading strategies.
- **Combining Indicators**: By integrating WMAs, VWAP, AVWAP, ATR, and ADX, the script provides a comprehensive view of market conditions, enhancing decision-making.
- **Real-Time Alerts**: The flexible alert system ensures traders receive timely notifications for potential trade setups, improving responsiveness to market changes.
Examples
- **Example 1**: A trader sets the 1st WMA to 8 and the 2nd WMA to 100, enabling the VWAP. When the 1st WMA crosses above the 2nd WMA or VWAP, a buy signal is triggered, indicating a potential long entry.
- **Example 2**: A trader sets the AVWAP to start 30 bars ago and monitors for crossovers with the 1st WMA. When the 1st WMA crosses below the AVWAP, a sell signal is triggered, suggesting a potential short entry.
Final Notes
The Dynamic Trend Navigator script is a powerful tool for traders looking to enhance their market analysis and trading decisions. Its unique combination of customizable indicators and flexible alert system sets it apart from other scripts, making it a valuable addition to any trader's toolkit.
Disclaimer: Never any financial advice. Just ThisGirl loving experimenting with indicators to help myself, as well as others.
LiquidFusion SignalPro [CHE] LiquidFusion SignalPro – Indicator Overview
The LiquidFusion SignalPro is a powerful and sophisticated TradingView indicator designed to identify high-quality trade entries and exits. By combining seven unique sub-indicators, it provides comprehensive market analysis, ensuring traders can make informed decisions. This tool is suitable for all market conditions and supports customization to fit individual trading strategies.
Key Components (Sub-Indicators):
1. RPM (Relative Price Momentum):
- Measures cumulative price momentum over a specified period.
- Provides insights into price strength and directional bias.
- Input Customization:
- Source: Data for momentum calculation.
- Period: Length for momentum measurement.
- Resolution: Timeframe for data fetching.
2. BBO (Bull-Bear Oscillator):
- Calculates the strength of bullish or bearish momentum based on price movement and RSI conditions.
- Uses a super-smoothing technique for reliable signals.
- Customizable parameters include the oscillator's period and repainting options.
3. MACD (Moving Average Convergence Divergence):
- A classic momentum indicator for trend direction and strength.
- Provides buy/sell signals based on the crossover of the MACD line and signal line.
- Input Customization:
- Fast/Slow EMA Periods.
- Signal Line Period.
- Resolution and Source Data.
4. RSI (Relative Strength Index):
- Tracks overbought and oversold conditions.
- A key tool to validate trend continuation or reversals.
- Customizable period, resolution, and source.
5. CCI (Commodity Channel Index):
- Measures the deviation of price from its average.
- Useful for identifying cyclical trends.
- Input Customization includes period, resolution, and source.
6. Stochastic Oscillator:
- Indicates momentum by comparing closing prices to a range of highs and lows.
- Includes smoothing factors for %K and %D lines.
- Customizable parameters:
- %K Length and Smoothing.
- Resolution and Repainting Options.
7. Supertrend:
- A trailing stop-and-reverse system for trend-following strategies.
- Excellent for identifying strong trends and potential reversals.
- Inputs include the multiplier factor and period for ATR-like calculations.
Inputs Overview:
The indicator supports extensive customization for each sub-indicator, grouped under intuitive categories:
- Color Settings: Define bullish and bearish plot colors.
- RPM, BBO, MACD, RSI, CCI, Stochastic, and Supertrend Settings: Tailor each sub-indicator's behavior with adjustable parameters.
- UI Options: Toggle features such as bar coloring, indicator names, and plotted candles.
Trade Signals:
- Long Signal:
- All indicators align in a bullish state:
- RPM > 0, MACD > 0, RSI > 50, Stochastic > 50, CCI > 0, BBO > 0, Supertrend below price.
- Plot: Green triangle below the candle.
- Alert: Notifies the trader of a potential long entry.
- Short Signal:
- All indicators align in a bearish state:
- RPM < 0, MACD < 0, RSI < 50, Stochastic < 50, CCI < 0, BBO < 0, Supertrend above price.
- Plot: Red triangle above the candle.
- Alert: Notifies the trader of a potential short entry.
Features:
- Enhanced Visuals: Plots sub-indicator statuses using labels and color-coded shapes for clarity.
- Alerts: Integrated alert conditions for both long and short trades.
- Bar Coloring: Provides overall trend bias with green (bullish), red (bearish), or gray (neutral) bars.
- Customizable Table: Displays the indicator's status in the chart’s top-right corner.
Trading Benefits:
The LiquidFusion SignalPro excels in generating high-quality entries and exits by:
- Reducing noise through multiple indicator alignment.
- Supporting multiple timeframes and resolutions for flexibility.
- Offering customizable inputs for personalized trading strategies.
Use this tool to enhance your market analysis and improve your trading performance.
Disclaimer:
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
This indicator is inspired by the Super 6x Indicators: RSI, MACD, Stochastic, Loxxer, CCI, and Velocity . A special thanks to Loxx for their relentless effort, creativity, and contributions to the TradingView community, which served as a foundation for this work.
Happy trading and best regards
Chervolino
Parabolic SAR Crosses_AITIndicator Name: Parabolic SAR Crosses_AIT
Purpose:
This indicator utilizes the Parabolic SAR to track price trends and generate buy (long) and sell (short) signals when the price crosses the Parabolic SAR line. The indicator is designed to help traders identify trend direction and potential trend reversals on the price chart.
Indicator Overview:
Indicator Parameters:
Parabolic SAR: The default settings for the Parabolic SAR are:
Step: 0.02
Maximum: 0.2 These values can be adjusted by the user to control the sensitivity of the SAR.
Signal Conditions:
Buy Signal (Long): A buy signal is generated when the price crosses above the Parabolic SAR line.
Sell Signal (Short): A sell signal is generated when the price crosses below the Parabolic SAR line.
How It Works:
Buy Signal:
When the price crosses above the Parabolic SAR line, it indicates a potential upward trend. A yellow triangle (L) will appear below the price bar, signaling a possible long entry.
Sell Signal:
When the price crosses below the Parabolic SAR line, it indicates a potential downward trend. A fuchsia triangle (S) will appear above the price bar, signaling a possible short entry.
Trend Detection:
Green Line: Indicates that the Parabolic SAR is below the price, suggesting an uptrend.
Red Line: Indicates that the Parabolic SAR is above the price, suggesting a downtrend.
Trend Reversal:
A trend reversal occurs when the Parabolic SAR switches positions relative to the price. This can be used to exit positions or enter positions in the opposite direction.
Customization:
Step Size: The step parameter controls how sensitive the Parabolic SAR is to price changes. A smaller step value (e.g., 0.01) makes the SAR less sensitive, while a larger step value (e.g., 0.05) makes it more sensitive.
Maximum: The maximum value defines the upper limit for the acceleration factor in the SAR calculation. A higher value allows the SAR to track the price more closely, while a lower value smooths the trend.
Visual Representation:
The Parabolic SAR line is plotted directly on the price chart as a solid line, using the appropriate colors (green or red) depending on the trend direction.
Long signals are indicated by small yellow triangles (L) below the price.
Short signals are indicated by small fuchsia triangles (S) above the price.
Usage Tips:
Combining with Other Indicators: While Parabolic SAR is a great tool for identifying trend direction, it may produce false signals in ranging or sideways markets. Combining this indicator with other trend confirmation tools, such as moving averages or the MACD, can improve its reliability.
Adjusting the Step and Maximum Values: In highly volatile markets, it might be useful to reduce the step value to avoid false signals. In more stable, trending markets, increasing the step value can make the SAR more responsive.
Position Management: Parabolic SAR can be used not only to enter trades but also to manage existing positions by acting as a trailing stop-loss. You can use the SAR value as a dynamic stop-loss level, adjusting it as the trend progresses.
Conclusion:
The Parabolic SAR Crosses_AIT indicator helps traders visually identify trend directions and possible trend reversals by plotting the Parabolic SAR directly on the price chart. With customizable settings for sensitivity and signals that indicate long or short positions, this indicator provides a clear and effective method to manage trades based on trend-following strategies.
Enhanced BOS Strategy with SL/TP and EMA TableDescription:
The Enhanced BOS (Break of Structure) Strategy is an advanced open-source trading indicator designed to identify key market structure changes, integrated with dynamic Stop Loss (SL) and Take Profit (TP) levels, along with an informative EMA (Exponential Moving Average) table for added trend analysis.
Key Features:
Break of Structure (BOS) Detection:
The script detects bullish and bearish BOS by identifying pivot points using a custom pivot period. When the price crosses above or below these points, it signals a potential market trend reversal or continuation.
Dynamic SL/TP Levels:
Users can toggle static SL/TP settings, which automatically calculate levels based on user-defined points. These levels are visualized on the chart with dotted lines and labeled for clarity.
Volume Filters:
The strategy includes a volume condition filter to ensure that only trades within a specified volume range are considered. This helps in avoiding low-volume trades that might lead to false signals.
EMA Table Display:
An on-chart table displaying the current values of the 13-period, 50-period, and 200-period EMAs. This provides a quick reference for trend identification and confirmation, helping traders to stay aligned with the broader market trend.
How It Works:
The script utilizes a combination of moving averages and pivot points to identify potential breakouts or breakdowns in market structure. When a bullish BOS is detected, and the volume conditions are met, the strategy suggests a long position, marking potential SL/TP levels. Similarly, it suggests short positions for bearish BOS.
The EMA table serves as a visual aid, providing real-time updates of the EMA values, allowing traders to gauge the market’s directional bias quickly.
How to Use:
Setting Parameters:
Adjust the pivot period to fine-tune BOS detection according to your trading style and the asset’s volatility.
Configure the SL/TP settings based on your risk tolerance and target profit levels.
Interpreting Signals:
A “Buy” label on the chart indicates a bullish BOS with volume confirmation, signaling a potential long entry.
A “Sell” label indicates a bearish BOS with volume confirmation, signaling a potential short entry.
The EMA table aids in confirming these signals, where the position of the fast, mid, and slow EMAs can provide additional context to the trend’s strength and direction.
Volume Filtering:
Ensure your trades are filtered through the script’s volume condition, which allows for the exclusion of low-volume periods that might generate unreliable signals.
Unique Value:
Unlike many other BOS strategies, this script integrates volume conditions and a visual EMA table, providing a comprehensive toolkit for traders looking to capture market structure shifts while maintaining an eye on trend direction and trade execution precision.
Additional Information:
This script is designed for use on standard bar or candlestick charts for best results.
It is open-source and free to use, encouraging collaboration and improvement by the TradingView community.
By combining powerful trend-following EMAs with the precision of BOS detection and the safety of volume filtering, the Enhanced BOS Strategy offers a balanced approach to trading market structure changes.
Alxuse Stochastic RSI for tutorial All abilities of Stochastic RSI, moreover :
Drawing upper band and lower band & the ability to change values, change colors, turn on/off show.
Crossing K line and D line in multi timeframe & there are symbols (Circles) with green color (Buy) and red color (Sell) & the ability to change colors, turn on/off show.
Crossing K line and D line in multi timeframe according to the values of upper band and lower band & there are symbols (Triangles) with green color (Long) and red color (Short) & the ability to change colors, turn on/off show.
The ability used in the alert section and create customized alerts.
To receive valid alerts the replay section , the timeframe of the chart must be the same as the timeframe of the indicator.
Stochastic RSI (STOCH RSI)
Definition
The Stochastic RSI indicator (Stoch RSI) is essentially an indicator of an indicator. It is used in technical analysis to provide a stochastic calculation to the RSI indicator. This means that it is a measure of RSI relative to its own high/low range over a user defined period of time. The Stochastic RSI is an oscillator that calculates a value between 0 and 1 which is then plotted as a line. This indicator is primarily used for identifying overbought and oversold conditions.
The basics
It is important to remember that the Stoch RSI is an indicator of an indicator making it two steps away from price. RSI is one step away from price and therefore a stochastic calculation of the RSI is two steps away. This is important because as with any indicator that is multiple steps away from price, Stoch RSI can have brief disconnects from actual price movement. That being said, as a range bound indicator, the Stoch RSI's primary function is identifying crossovers as well as overbought and oversold conditions.
The basics
It is important to remember that the Stoch RSI is an indicator of an indicator making it two steps away from price. RSI is one step away from price and therefore a stochastic calculation of the RSI is two steps away. This is important because as with any indicator that is multiple steps away from price, Stoch RSI can have brief disconnects from actual price movement. That being said, as a range bound indicator, the Stoch RSI's primary function is identifying crossovers as well as overbought and oversold conditions.
Overbought/Oversold
Overbought and Oversold conditions are traditionally different than the RSI. While RSI overbought and oversold conditions are traditionally set at 70 for overbought and 30 for oversold, Stoch RSI are typically .80 and .20 respectively. When using the Stoch RSI, overbought and oversold work best when trading along with the underlying trend.
During an uptrend, look for oversold conditions for points of entry.
During a downtrend, look for overbought conditions for points of entry.
Summary
When using Stoch RSI in technical analysis, a trader should be careful. By adding the Stochastic calculation to RSI, speed is greatly increased. This can generate many more signals and therefore more bad signals as well as the good ones. Stoch RSI needs to be combined with additional tools or indicators in order to be at its most effective. Using trend lines or basic chart pattern analysis can help to identify major, underlying trends and increase the Stoch RSI's accuracy. Using Stoch RSI to make trades that go against the underlying trend is a dangerous proposition.
The added features to the indicator are made for training, it is advisable to use it with caution in tradings.
Stock Tech Bot One ViewTechnical indicators are not limited. Hence, here is another indicator with the combination of OBV, RSI, and MACD along with support, and resistance that follows the price while honoring the moving average of 200, 90 & 50.
The default lookback period of this indicator is 21 though it is changeable as per the user's desire.
The highest high and lowest low for the last 21 days lookback period proven to be the perfect Support & Resistance as the price of particular stock values are decided by market psychology. The support and resistance lines are very important to understand the market psychology which is very well proven with price action patterns and the lines are drawn based on,
Lower Extreme = 0.1 (Changeable)
Maximum Range = 21 days highest high - 21 days lowest low.
Support Line = 21 days lowest low + (Maximum Range * Lower Extreme)
Resistance Line = 21 days highest high - (Maximum Range * Lower Extreme)
RSI - Relative strength indicator is very famous to find the market momentum within the range of 0 - 100. Though the lookback period is changeable, the 14 days lookback period is the perfect match as the momentum of market movement for the last 3 weeks will always assist to identify the market regime. Here the momentum is just to highlight the indication (green up arrow under the candle for long and red down arrow above the candle for short) of market movement though it is not very important to consider if the price of the stock respect the support & resistance lines along with volume indicator (* = violet color).
OBV - Momentum:
The on-balance volume is always going indicator on any kind of tickers, which helps to identify the buying interest. Now, applying momentum on OBV with the positive movement for at least two consecutive days gives perfect confirmation for entry. A combination of the price along with this momentum(OBV) in the chart will help us to know the whipsaw in the price.
The Symbol "*" on top of each bar shows the market interest in that particular stock. If your ticker is fundamentally strong then you can see this "*" even when the market falls.
MACD:
One of the favorites and simple indicators widely used, where the thump of the rule is not to change the length even if it is allowed. It's OK to believe blindly in certain indicator and consider it while trading. That's why the indicator changes the bar color by following the MACD histogram.
Volume:
It may be the OBV works based on the open price and close price along with volume movement, it is wise to have the volume that is plotted along with price movement that should help you to decide whether the market is greedy or fearful.
The symbol "-" on top of each bar tells you a lot and don't ignore it.
Moving Average:
Moving average is a very good trend indicator as everyone considers seeing along with the price in the chart which is not omitted while we gauge the price movement alone with volume in this indicator. The 200, 90 & 50 MA's are everyone's favorite, and the same is plotted on the chart.
As explained above, the combination of all four indicators with price movement will give us very good confidence to take entry.
Candlestick Pattern:
You should admire the techniques of the candlestick pattern as you navigate the chart from right to left. Though there are a lot of patterns that exist, it is easy to enable and disable to view the signal as the label.
Further, last but not least, the exit always depends on individual conviction and how often the individual watch the price movement, if your conviction is strong then follow the down arrow red indication. If not, then exit with a trailing stop that indicates the bar with orange color.
Happy investing
Note: It is just a combination of multiple indicators and patterns to get one holistic view. So, the credit goes to all wise developers who publically published.
+ Donchian ChannelsThis version of Donchian Channels uses two source options so that one can create a channel using highs and lows rather than one or the other or closes. My thinking was that this would create a more accurate portrayal of price action (or at least contain the greatest scope of it) as seen through the lens of a Donchian Channel. This was actually part of the genesis of my idea around my Ultimate Moving Average.
Besides the single top and bottom plot for the DC's extremities, I've enabled the ability to create outer bands with a variable width that the user can adjust to their preference. I think it's quite nice. I use it in the DC in my other non-overlay indicators.
Besides this additional functionality, the indicator has options to plot lines between the basis and the upper and lower bands, so, basically, splitting the upper and lower channel in half.
There is no magic number to the lookback. I chose 233 as default because it's a fibonacci sequence number and I'm more interested in using the DC like a very long period bias indicator, and the longer lookback gives a much wider window (because highs and lows are so spread apart) with which other faster indicators (supertrend, shorter period moving averages, etc.) can work without making the screen a clutter.
The color of the basis may also be made relevant to higher timeframe information. What I mean by this is that you can set it so that the basis of the current timeframe is colored based on the candle close of the higher timeframe of your choosing. If you're looking at an hourly chart, and you set the color to Daily, the basis will be colored based on the candle close (above or below the basis) of the previous day. If the previous daily close was above the basis, that positive color will be reflected in the basis, even if the current hourly candle closes are below the hourly basis. This could potentially be useful for setting a higher timeframe directional bias and reacting off price crossing the lower timeframe basis (or whatever your trigger for entering a trade might be). This is also optional in my Ultimate Moving Average indicator.
You can also set the entire indicator to whatever time frame you want if you want to see where the actual basis, or other levels are on that higher timeframe.
Further additions include fibonacci retracement levels. These are calculated off the high and the low of the Donchian Channels themselves.
You will see that there are only three retracement levels (.786, .705, .382), one of which is not a fib level, but what some people call the 'OTE,' or optimal trade entry. If you want more info on the OTE just web search it. So, why no .618 or .236? Reason being that the .618 overlaps the .382, and the .236 is extremely close to the .786. This sounds confusing, but the retracement levels I'm using are derived from the high and low, so it was unnecessary to have all five levels from each. I could have just calculated from the high, or just from the low, and used all the levels, but I chose to just calculate three levels from the high and three from the low because that gives a sort of mirror image balance, and that appeals to me, and the utility of the indicator is the same.
The plot lines are all colored, and I've filled certain zones between them. There is a center zone filled between both .382 levels, and an upper and lower zone filled between the .786 and either the high or the low.
If you like the colored zones, but don't like the plots because they cause screen compression, turn off the plots under the "style" tab.
There are alerts for candle closes across every line.
I should state that, regarding the fibs, obviously the length of the Channels is going to affect to what levels price retraces to. A shorter lookback means you will see more changes in highs and lows, and therefore retraces are often going to be full retraces within the bands unless price is trending hard. A longer lookback means you will see smaller retraces. Using this in conjunction with key high timeframe levels and/or a moving average can give great confidence in a trade entry. Additionally, if you have a short bias it may help in finding levels or entering a trade on a pullback. It could also be good for trade targets. But again, the lookback you choose for this indicator is going to dictate its use in the system you're building or already have. A 9 EMA and a 200 EMA, while fundamentally the same, are going to be used somewhat differently while doing your chart analysis.
Additional images below.
Same image as main, but with supertrend and my +UMA to help with chart analysis.
Image with the fib stuff turned on.
Zoomed out image with the same.
Shorter lookback period.
Zoomed in image of shorter lookback.
Vortex HeikinThis indicator use macd crossover plus vortex and heikin candle to find the best spot entry.
There a lot to improve if you want, it's only a starting point.
You can change Vortex indicator with ADX indicator to find a better spot, but there could be more false entry.
[JL] High-Low Five LayersI just want to setup alert easily so I made this script.
Display five layers from highest to lowest.
Default length is 120. When on hour chart it is the whole week.
For up trend, always below 40% to entry.
For dn trend, always above 60% to entry.
EBB & Flow: a multi-EMA-based BB cloudIntro
This is an idea evolved out of the market maker method and EMA convergence, divergence, and mean reversion.
The market maker method informs us that the 5, 13, 50 and 200 EMAs are important to regulating price. Those EMA lengths are multiples of the 50 and 200 on lower major timeframes -- the 1 minute, 5, 15, 1H, 4H, 1D. I include the 21 because it is also a multiple and in crypto very often respected.
When market makers are testing price, they set their range and spike in the direction they test for liquidity. This can get chaotic. For instance, in a shorter time frame consolidation inside a bigger timeframe uptrend, it can be too easy to forget where you are in the many trends playing out.
When the EMAs are dragged over each other during normal price movement, you get these crisscrossing tracks of price, and the individual breaks can be hard to trace.
The range is what matters, ultimately, and the range is dynamic. In that case, the Bollinger Band is a great tool for detecting outliers in this case.
The Answer
So the answer this indicator seeks to give, is to look for outliers. This gives you a scalping strategy built on Traders Reality thinking and best put together with the PVSRA indicator, which I may include in this indicator just for the sake of concision, but they can work alongside each other or separately.
The key thing is the different EMA clouds, which are bollinger bands. Tight bands mean imminent breaks, favouring the trend. Vector candles out of a zone, pins to the low/high, etc. are all very relevant alongside this indicator.
You can also use it on its own and scalp the breaks of a cloud.
How it works
Each cloud is a standard deviation from their respective EMA, all in the same colour. The deviation multiple is 1.618 by default. Yes, fibonacci sequences are usually nonsense, but it works better with the BB than 2, 2.5 or 3.
Using just the clouds, you can see where each EMA is headed and how it behaves within the deviation of the others.
But that on its own isn't enough.
The indicator will also print snowflakes above and below the candle for notable outliers. It will be in the colour of the cloud it breaks, but only if that break is also breaking the smaller EMA clouds too.
The most snowflakes will be yellow because that's the 13 EMA. That one is dependent on nothing else and every break will print a snowflake. The 21 will be dependent on the 13. The 50 dependent on the 13 and 21 breaks. The 200 the most important.
For example, if the 200 EMA-BB or EBB is broken at the upper band, deviating by more than 162% of price over a 200 period EMA, and that break is not above the 50 EMA cloud, there will be no snowflake. However, if it exceeds the 13, 21, 50, and 200 clouds, then a purple snowflake will appear above the bar.
Any snowflake is an extreme in price. The purple is an especially good point of entry. That doesn't mean it is a perfect entry. You can build position from it, though, and be relatively certain of a price correction in the near future, because not only was this major EMA cloud violated, but all of the smaller ones too.
Reminder
You still need your PVSRA and candlesticks. This indicator on its own may have a nice hit rate for scalping and building position, as an alternative to the TDI or alongside it, but it is not enough on its own, just like the TDI.
Enjoy!
ScalpyScalpy is made up of a 2 main parts.
- The cloud comprising of a 10 period SMA and a 30 period SMA.
- When the cloud is green you should be looking for long entries.
- When the cloud is red you should be looking for short entries.
- Price is most bullish above a green cloud and most bearish below a red cloud.
- Being within the cloud indicates indecision.
The blue and white lines on the indicator show the relationship between price and momentum.
They can be used to spot reversals in two ways:
- The first is a divergence between price (blue line) and RSI (white line)
- If the price makes a lower low but the RSI makes a higher low this shows the trend is weakening and may be reversing soon (as can be seen by the two yellow lines on the chart).
The second is a simple crossover:
- When the white line crosses the blue line to the upside this signals a long entry.
- When the white line crosses the blue line to the downside this signals a short entry.
Hoffman A/D BreakoutStudy based on Rob Hoffman's Accumulation/Distribution Breakout strategy.
- Green circle on the top wick indicates a "Distribution" wick
- Red circle on the bottom wick indicates an "Accumulation" wick
- A distribution wick in an uptrend gets marked as a Key Resistance. This is marked with green crosses
- An Accumulation wick in a downtrend gets marked as a Key Support. This is marked with red crosses
- Breaking above the Key Resistance indicates a buy entry. This is marked by a green background.
- Breaking below the Key Support indicates a sell entry. This is marked by a red background
Strat Daily Predictor📊 Strat Daily Predictor
This indicator analyzes Daily timeframe Strat patterns and displays actionable trading setups on any chart timeframe.
🔹 FEATURES:
• Detects all major Strat patterns (2-1-2, 3-1-2, 3-2-2, 1-2-2, 2-2, 1-2, 1-3)
• Shows Entry (E) and Target (T) price levels
• Pattern status: ACTIONABLE, TRIGGERED, or IN-FORCE
• Visual Entry/Target lines on chart
• Entry signals when price breaks trigger levels
• Works on any timeframe using Daily analysis
🔹 PATTERN TYPES:
• Continuation patterns (trend following)
• Reversal patterns (counter-trend)
• Bullish & Bearish setups
🔹 TABLE DISPLAYS:
• Current pattern name
• Bar combo (e.g., 2↑ → 1 → 2↑)
• Bias (BULLISH/BEARISH)
• Entry & Target prices
• Daily High/Low levels
🔹 HOW TO USE:
1. Add to any timeframe chart
2. Check table for Daily pattern setup
3. Wait for ACTIONABLE patterns
4. Enter when price breaks Entry level
5. Target shown on chart
🔹 ALERTS:
• Long Entry
• Short Entry
• Actionable Pattern
• In-Force Pattern
Based on Rob Smith's "The Strat" methodology.
ICT Order Block Identifier [Eˣ]📦 Order Block Identifier
Overview
The Order Block Identifier automatically detects and displays institutional order blocks on your charts - zones where banks, hedge funds, and market makers place their orders. This indicator helps identify where institutions are likely to defend their positions and where price often finds support or resistance, based on ICT (Inner Circle Trader) concepts.
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🎯 What This Indicator Does
Detects Order Blocks:
• 🟢 Bullish Order Blocks (OB+) - Last bearish candle before strong bullish move
• 🔴 Bearish Order Blocks (OB-) - Last bullish candle before strong bearish move
• Automatically identifies institutional buying/selling zones
• Tracks up to 30 order blocks simultaneously
• Works on all timeframes and instruments
Smart Features:
• Auto-Timeframe Adjustment - Optimizes detection for 1min to Weekly charts
• Active Block Highlighting - Shows which OB price is approaching
• Touch Tracking - Knows when blocks are tested
• ATR-Based Detection - Adapts to each instrument's volatility
• Strength Filtering - Choose Low/Medium/High to control sensitivity
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📚 Understanding Order Blocks
What Are Order Blocks?
Order blocks are the "footprints" left behind by institutional traders (banks, hedge funds, market makers) when they enter large positions. Because institutions can't fill massive orders at once without moving the market, they:
1. Place orders gradually over time
2. Leave zones where their buy/sell orders are concentrated
3. Defend these zones when price returns
4. Create reliable support and resistance levels
The ICT Concept:
Developed by Michael Huddleston (Inner Circle Trader), order block theory states that:
• The last opposite-colored candle before a strong move contains institutional orders
• Price often returns to test these zones before continuing
• These zones act as strong support (bullish OB) or resistance (bearish OB)
• Smart money defends their positions at these levels
Why Order Blocks Work:
• Unfilled Orders: Institutions may still have pending orders in the block
• Position Defense: They protect their entries by adding to positions
• Stop Placement: Retail stops cluster near these zones (liquidity for institutions)
• Market Structure: Price respects these levels due to order flow dynamics
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🟢 Bullish Order Blocks Explained
How They Form:
1. Price is consolidating or declining
2. Institutions begin accumulating (buying)
3. A strong bullish move erupts
4. The last bearish candle before this move = Bullish Order Block
5. This candle represents where institutions were buying aggressively
Why The Last Bearish Candle?
• Institutions absorbed all selling pressure at this level
• Their buy orders filled as price was declining
• When price returns, they defend this zone with more buying
• It becomes a demand zone / support level
Trading Bullish Order Blocks:
Setup:
• Wait for price to retrace back to bullish OB (green box)
• Look for rejection/reversal pattern (pin bar, engulfing, etc.)
• Enter long when price bounces from the OB zone
• Stop loss: Below the order block
• Target: Recent high or opposite order block
Best Scenarios:
• OB aligns with other support (trendline, fibonacci, round number)
• First touch of OB (unmitigated) has highest probability
• Occurs during high-volume sessions (London/NY)
• Trend is bullish on higher timeframe
Example Trade:
• Bullish OB forms at $50,000 (last red candle before rally)
• Price rallies to $52,000 then retraces
• Price drops back to $50,100 (touching OB)
• Bullish pin bar forms on the OB
• Enter long at $50,200, stop at $49,800
• Target: $52,000+ (previous high)
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🔴 Bearish Order Blocks Explained
How They Form:
1. Price is consolidating or rising
2. Institutions begin distributing (selling)
3. A strong bearish move erupts
4. The last bullish candle before this move = Bearish Order Block
5. This candle represents where institutions were selling aggressively
Why The Last Bullish Candle?
• Institutions absorbed all buying pressure at this level
• Their sell orders filled as price was rising
• When price returns, they defend this zone with more selling
• It becomes a supply zone / resistance level
Trading Bearish Order Blocks:
Setup:
• Wait for price to retrace back to bearish OB (red box)
• Look for rejection/reversal pattern (shooting star, bearish engulfing)
• Enter short when price rejects from the OB zone
• Stop loss: Above the order block
• Target: Recent low or opposite order block
Best Scenarios:
• OB aligns with other resistance (trendline, fibonacci, round number)
• First touch of OB (unmitigated) has highest probability
• Occurs during high-volume sessions (London/NY)
• Trend is bearish on higher timeframe
Example Trade:
• Bearish OB forms at $48,000 (last green candle before drop)
• Price drops to $46,000 then retraces
• Price rallies back to $47,900 (touching OB)
• Bearish engulfing forms at the OB
• Enter short at $47,800, stop at $48,200
• Target: $46,000- (previous low)
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📊 How To Use This Indicator
Strategy 1: Order Block Retest (Classic)
Best For: Swing trading, capturing reversals
Timeframes: 15min, 1H, 4H, Daily
Win Rate: 60-70% (first touch)
Entry Rules:
1. Identify unmitigated order block (bright color, not gray)
2. Wait for price to return to the OB zone
3. Look for price action confirmation:
• Bullish OB: Pin bar, bullish engulfing, hammer
• Bearish OB: Shooting star, bearish engulfing, doji
4. Enter in the direction of the OB
5. Stop loss: Beyond the opposite side of OB (20-30 pips)
6. Target: 2-3R or opposite OB
Example:
• Bullish OB at $100-$102
• Price drops to $101.50 (enters OB)
• Bullish pin bar forms with low at $100.80
• Enter long at $102 (OB high), stop at $99.50
• Risk: $2.50, Target: $107.50 (3R)
Strategy 2: Break & Retest
Best For: Trend trading, breakout confirmation
Timeframes: 5min, 15min, 1H
Win Rate: 65-75%
Entry Rules:
1. Price breaks through an order block
2. Wait for pullback to the broken OB
3. The OB now acts as support (if broken up) or resistance (if broken down)
4. Enter when price respects the flipped OB
5. Stop: Inside the OB zone
6. Target: Next OB or structure level
Why It Works: Broken OBs flip polarity - support becomes resistance and vice versa
Strategy 3: Multi-Timeframe Confirmation
Best For: High-probability setups
Timeframes: Combine 1H + 4H or 15min + 1H
Win Rate: 70-80%
Entry Rules:
1. Identify order block on higher timeframe (4H or Daily)
2. Switch to lower timeframe (1H or 15min)
3. Wait for lower TF order block to form within higher TF OB
4. Trade the lower TF OB in direction of higher TF OB
5. Stop: Below lower TF OB
6. Target: Edge of higher TF OB or beyond
Why It Works: Alignment across timeframes = institutional consensus
Strategy 4: Order Block to Order Block
Best For: Range trading, swing entries
Timeframes: 1H, 4H
Win Rate: 55-65%
Entry Rules:
1. Identify both bullish OB below and bearish OB above
2. Price is ranging between these OBs
3. Enter long at bullish OB, target bearish OB
4. Enter short at bearish OB, target bullish OB
5. Stop: Beyond the trading OB
6. Exit at opposite OB
Why It Works: Price moves from one institutional zone to another
Strategy 5: Mitigation Fade
Best For: Aggressive scalping
Timeframes: 5min, 15min
Win Rate: 50-60% (higher risk)
Entry Rules:
1. Price approaches an order block
2. Instead of bouncing, price breaks through (mitigates it)
3. Enter immediately in direction of breakout
4. Stop: Back inside the mitigated OB
5. Quick target: 1-1.5R
Why It Works: When OB fails, it often leads to strong continuation
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⚙️ Settings Explained
Core Settings
Auto-Adjust for Timeframe (Default: ON)
• Automatically optimizes detection for current chart timeframe
• 1min: 3 bars lookback
• 5min: 4 bars lookback
• 15min: 5 bars lookback
• 1H: 6 bars lookback
• 4H: 8 bars lookback
• Daily+: 10-12 bars lookback
• Recommended: Keep ON for best results
Manual Detection Length (Default: 5)
• Only used when Auto-Adjust is OFF
• Number of bars to look back for the "last opposite candle"
• Lower (2-4): More sensitive, more blocks, more noise
• Higher (6-10): Less sensitive, fewer blocks, higher quality
• Recommended: Use Auto-Adjust instead
Display Settings
Show Bullish/Bearish Order Blocks
• Toggle each type on/off independently
• Customize colors for each OB type
• Tip: Match colors to your chart theme
Max Order Blocks to Display (Default: 10)
• Limits how many OBs are shown at once
• Lower (5-8): Cleaner chart, only recent blocks
• Higher (15-30): More historical context
• Recommended: 8-12 for most trading
Show Order Block Labels (Default: ON)
• Displays "OB+" and "OB-" text on blocks
• Shows 🎯 on active (nearest) block
• Turn OFF for minimal chart appearance
• Recommended: Keep ON for clarity
Extend Blocks (bars) (Default: 50)
• How far to extend OB boxes to the right
• Lower (20-30): Shorter boxes, less clutter
• Higher (100+): Longer boxes, easier to see
• Blocks auto-extend until mitigated or limit reached
• Recommended: 40-60 bars
Filters
Block Strength Filter (Default: Medium)
• Controls how strong a move must be to create an OB
• Low: 0.5x ATR move required - Many blocks, more noise
• Medium: 1x ATR move required - Balanced quality/quantity
• High: 1.5x ATR move required - Only strongest institutional moves
• Recommended for beginners: High
• Recommended for experienced: Medium
• Recommended for scalpers: Low
Min Block Size % (Default: 0.1)
• Minimum size of OB as percentage of price
• Filters out tiny, insignificant blocks
• Crypto: 0.1-0.3%
• Forex: 0.05-0.15%
• Stocks: 0.1-0.5%
• Adjust based on instrument volatility
Advanced Settings
Show Mitigated Blocks (Default: OFF)
• When ON: Shows gray boxes for "used" order blocks
• When OFF: Blocks disappear after mitigation
• Use ON: For learning and analysis
• Use OFF: For clean, active trading
Highlight Active Block (Default: ON)
• Highlights the nearest order block to current price
• Active block shown with 🎯 emoji and brighter color
• Helps focus on most relevant trading opportunity
• Recommended: Keep ON
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📱 Info Panel Guide
Bullish OB Count
• Number of active (unmitigated) bullish order blocks
• Higher number = More support zones below price
• Multiple bullish OBs = Strong demand structure
Bearish OB Count
• Number of active (unmitigated) bearish order blocks
• Higher number = More resistance zones above price
• Multiple bearish OBs = Strong supply structure
Bias Indicator
• ⬆ Bullish: More bullish OBs than bearish (demand > supply)
• ⬇ Bearish: More bearish OBs than bullish (supply > demand)
• ↔ Neutral: Equal OBs on both sides
• Trade in direction of bias for higher probability
Near Indicator
• Shows which OB price is closest to
• Displays distance as percentage
• Example: "Bull OB 0.85%" = Bullish OB is 0.85% below current price
• Watch for "Near" alerts to time entries
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📱 Alert Setup
This indicator includes 4 alert types:
1. Price Entering Bullish OB
• Fires when price touches a bullish order block
• Action: Watch for bounce/reversal pattern
• High-probability long setup developing
2. Price Entering Bearish OB
• Fires when price touches a bearish order block
• Action: Watch for rejection/reversal pattern
• High-probability short setup developing
3. New Bullish OB Detected
• Fires when a new bullish order block forms
• Action: Mark the zone for future retest
• New demand zone identified
4. New Bearish OB Detected
• Fires when a new bearish order block forms
• Action: Mark the zone for future retest
• New supply zone identified
To Set Up Alerts:
1. Click "Alert" button (clock icon)
2. Select "Order Block Identifier"
3. Choose your alert condition
4. Configure notification method
5. Click "Create"
Pro Tip: Set "Price Entering" alerts to catch trading opportunities in real-time
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💎 Pro Tips & Best Practices
✅ DO:
• First touch is best - Unmitigated OBs have highest win rate (60-70%)
• Wait for confirmation - Don't buy/sell just because price touched OB
• Use multiple timeframes - Higher TF OBs are stronger than lower TF
• Combine with structure - OB + trendline/support = high probability
• Trade with the bias - More bullish OBs = favor longs
• Respect mitigation - Once OB is mitigated, it's less reliable
• Use proper stop loss - Always place stops beyond the OB zone
• Consider session timing - OBs work best during London/NY sessions
⚠️ DON'T:
• Don't blindly buy/sell at OBs - Wait for confirmation
• Don't ignore mitigation - Gray blocks are much weaker
• Don't trade every OB - Quality over quantity
• Don't fight strong trends - OBs can be run through in strong momentum
• Don't use alone - Combine with price action, support/resistance
• Don't expect 100% win rate - Even best OBs fail sometimes (30-40% of time)
• Don't overtrade - Wait for A+ setups with confluence
🎯 Best Timeframes By Trading Style:
• Scalpers: 1min, 5min (quick OB touches)
• Day Traders: 5min, 15min, 1H (balanced view)
• Swing Traders: 1H, 4H, Daily (major institutional zones)
• Position Traders: 4H, Daily, Weekly (strongest OBs)
🔥 Best Instruments:
• Excellent: Forex major pairs (EUR/USD, GBP/USD), BTC, ETH, ES, NQ
• Good: Gold, Oil, Major indices, Large-cap stocks
• Moderate: Altcoins, small-cap stocks (more noise)
• Avoid: Very low liquidity instruments (OBs less reliable)
⏰ Best Times To Trade OBs:
• London Session (03:00-12:00 EST): Highest OB respect rate
• NY Session (08:00-17:00 EST): Strong OB reactions
• London-NY Overlap (08:00-12:00 EST): Best probability
• Asian Session: Lower probability, wait for London
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🎓 Advanced Order Block Concepts
Order Block Flips (Polarity Change)
When price breaks through an OB and closes beyond it:
• Bullish OB that's broken becomes bearish (support becomes resistance)
• Bearish OB that's broken becomes bullish (resistance becomes support)
• Trading: Watch for retest of broken OB from opposite side
Order Block Refinement
When multiple OBs form at similar level:
• Later OB "refines" or "replaces" the earlier one
• Use the most recent OB as the active zone
• Older OBs become less relevant
Order Block Clusters
Multiple OBs stacked close together:
• Creates a "super zone" of institutional interest
• Higher probability of reversal
• Wider zone for entries (more room for confirmation)
Fair Value Gaps + Order Blocks
When OB aligns with Fair Value Gap:
• Extremely high probability setup
• Price is drawn to fill the gap AND test the OB
• Double confluence = institutional magnet
Order Block Mitigation Types
• Full Mitigation: Price fully enters and closes inside OB
• Partial Mitigation: Price wicks into OB but closes outside
• False Mitigation: Quick touch then immediate rejection
• Partial/false mitigation = OB still somewhat valid
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📈 Common Order Block Patterns
Pattern 1: The Perfect Retest
• OB forms during strong move
• Price continues 100-200+ pips
• Price retraces back to OB
• Clean bounce with confirmation candle
• Highest probability pattern
Pattern 2: The Double Tap
• Price tests OB, bounces weakly
• Price tests same OB again
• Second test produces stronger reaction
• Second touch often better entry
Pattern 3: The Fake-Out
• Price breaks through OB
• Immediately reverses back
• "Stop hunt" or liquidity grab
• Enter after price reclaims OB
Pattern 4: The Ladder
• Multiple OBs stacked like stairs
• Price steps from one OB to next
• Each OB provides support/resistance
• Trade OB-to-OB movements
Pattern 5: The Failed OB
• Price crashes through OB without pause
• OB completely invalidated
• Often signals strong momentum
• Don't fight it, trade the breakout
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🚀 What Makes This Different?
Unlike basic support/resistance indicators, Order Block Identifier:
• ICT Methodology - Based on proven institutional concepts
• Auto-Timeframe Optimization - Works perfectly on all timeframes
• ATR-Based Detection - Adapts to each instrument's volatility
• Mitigation Tracking - Knows when blocks are no longer valid
• Active Block Highlighting - Shows most relevant opportunity
• Smart Filtering - Only shows high-quality institutional zones
• Visual Clarity - Clean, professional appearance
• Real-Time Updates - Blocks update as price action develops
Based On Professional Concepts:
• ICT Smart Money Concepts (SMC)
• Institutional order flow analysis
• Market maker behavior patterns
• Supply and demand zone theory
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🙏 If You Find This Helpful
• ⭐ Leave your feedback
• 💬 Share your experience in the comments
• 🔔 Follow for updates and new tools
Questions about Order Blocks? Feel free to ask in the comments.
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Version History
• v1.0 - Initial release with auto-timeframe detection and ATR-based strength filtering
UT Bot Pro Max (Maks Edition)Script v2.0
UT Bot Pro Max is an advanced, high-precision evolution of the well-known UT Bot indicator.
This version is fully rebuilt into a complete decision-making system that evaluates trend structure, volatility conditions, momentum signals, and entry quality.
It is designed for traders who want clear, structured signals supported by objective filters and transparent reasoning.
1. Core Engine: ATR-Based Trailing Logic
At the heart of the system is an ATR dynamic trailing stop.
It is responsible for:
detecting trend reversals
identifying breakout conditions
switching between long and short bias
determining signal strength
Unlike simple ATR lines, this engine adapts to momentum expansion and contraction, forming the backbone for every signal.
2. Three-Tier Signal Structure
Each signal is classified into one of three levels based on the number of confirmations:
Strong Signals
ATR breakout
trend filter (price relative to EMA200)
RSI filter (oversold/overbought context)
This is the highest-quality confirmation and is suitable for full-size entries.
Medium Signals
ATR breakout
trend filter
(no RSI filter)
This represents a valid trend continuation but with slightly reduced confirmation.
Weak Signals
ATR breakout only
(no trend filter, no RSI filter)
This is an early-stage impulse which can evolve into a stronger move.
The multi-level classification allows the trader to size positions rationally and avoid over-committing during uncertain market conditions.
3. Move-Since-Entry Tracking
When a new long or short position is detected, the indicator records the entry price and automatically tracks the percentage movement from that point.
This offers:
real-time monitoring of open trade performance
objective context for managing exits
clear visualization of progress since entry
4. Smart State-Change Alerts
Instead of simple “BUY” or “SELL” messages, the script sends highly structured alerts whenever the internal state changes.
Each alert includes:
the symbol and timeframe
signal direction and strength
recommended position size based on signal tier
ATR values
RSI value and its state
trend context (bullish, bearish, neutral)
distance from ATR trailing stop
movement since entry
previous state reference (optional)
This makes it ideal for automated systems, algorithmic routing, or Telegram-based signal delivery.
5. Professional On-Chart Status Table
The indicator displays a refined information panel containing:
current signal state (Strong / Medium / Weak / Hold)
ATR signal direction
trend filter result
RSI value and condition
distance to trailing stop (percentage)
current position (long / short / flat)
entry recommendation based on signal strength
ATR value and additional context in expanded mode
There is also a compact mode optimized specifically for mobile trading.
6. Optional Heikin Ashi Mode
The indicator can operate using Heikin Ashi close values for traders who prefer smooth, noise-reduced visualizations.
The internal logic is recalculated automatically.
7. Trend-Colored Candles
An optional feature allows candle coloring based on price position relative to the ATR stop line, highlighting bullish and bearish phases directly on the chart.
What This Indicator Provides
Accurate, context-aware entry signals
Scalable position sizing through multi-tier structure
Objective trend confirmation
Breakout detection with volatility adaptation
Continuous tracking of open position performance
Detailed real-time explanations through alerts
A complete visual dashboard consolidating all key metrics
UT Bot Pro Max (Maks Edition) is built as a practical tool for daily trading.
It is suitable for scalping, day trading, swing trading, automated alerts, and mobile workflows.
ShooterViz Lazy Trader EMA SystemShooterViz Lazy Trader EMA System - Complete User Guide
What This Script Does
This is a position scaling indicator that tells you exactly when to enter, add to, and exit trades using a simplified 5-EMA system. It removes the guesswork and decision fatigue from trading by giving you clear visual signals.
The Core Concept
3 entry signals that build your position from 20% → 50% → 100%
2 exit signals that scale you out at 50% → 50% (complete exit)
1 higher timeframe filter that keeps you on the right side of the trend
No Fibonacci calculations, no RSI divergence, no multi-indicator confusion. Just EMAs and price action.
What You'll See On Your Chart
1. Colored EMA Lines
Blue Lines (Entry Zone):
3 EMA (lightest blue) - Early reversal detector
5 EMA (darker blue) - Confirmation line
Green Lines (Add Zone):
21 EMA (bright green) - First add location
34 EMA (lighter green) - Final add location
Red Lines (Exit Zone):
89 EMA (lighter red) - First exit trigger
144 EMA (darker red) - Final exit trigger
Orange Lines (Hyper Frame - optional):
Hyper 21 EMA (from higher timeframe) - Trend direction
Hyper 34 EMA (from higher timeframe) - Bias confirmation
2. Triangle Signals
Green Triangles (Below Price) = BUY/ADD:
Lime triangle with "20%" = Entry 1: Price reclaimed 3→5 EMA (starter position)
Green triangle with "30%" = Entry 2: Price bounced off 21 EMA (first add)
Teal triangle with "50%" = Entry 3: Price broke out from 34 EMA compression (final add)
Red Triangles (Above Price) = SELL:
Orange triangle with "50% OFF" = Exit 1: Price broke below 89 EMA (take half off)
Red triangle with "EXIT ALL" = Exit 2: Price broke below 144 EMA (close remaining position)
3. Background Color (Trend Bias)
Light green background = Hyper frame EMAs trending up (bias LONG)
Light red background = Hyper frame EMAs trending down (bias SHORT)
Gray background = Neutral/choppy (be cautious)
4. Info Table (Top Right Corner)
A live status dashboard showing:
Which entry signals are currently active (✓ or —)
Which exit signals are currently active (⚠ or ⛔)
Current hyper frame bias (🟢 LONG / 🔴 SHORT / ⚪ NEUTRAL)
Which timeframe you're using for hyper frame filtering
How to Install and Set Up
Step 1: Add the Script to TradingView
Open TradingView
Click "Pine Editor" at the bottom of the screen
Copy the entire script code
Paste it into the Pine Editor
Click "Add to Chart"
Step 2: Configure Your Settings
Click the gear icon ⚙️ next to "LazyEMA" in your indicators list.
Critical Settings to Configure:
Hyper Frame Selection (Most Important!)
Location: "Hyper Frame (Pick ONE)" section
Setting: "Timeframe"
What to choose:
Trading 15min or 1H charts? → Use "240" (4-hour)
Trading 4H or Daily charts? → Use "D" (Daily)
Trading Daily or Weekly charts? → Use "W" (Weekly)
Why this matters: This filter keeps you aligned with the bigger trend. Only take longs when this timeframe is green, shorts when it's red.
MA Type (Optional, default is fine)
Location: "MA Config" section
Default: EMA (recommended)
Options: EMA, SMA, WMA, HMA, RMA, VWMA
Most traders should stick with EMA
Visual Toggles (Customize your view)
Entry Zone: Turn individual EMAs on/off (3, 5, 21, 34)
Exit Zone: Turn individual EMAs on/off (89, 144)
Hyper Frame: Toggle the higher timeframe EMAs on/off
Step 3: Clean Up Your Chart
Turn OFF these if visible:
Volume bars (they clutter the view)
Any other indicators you have loaded
Grid lines (optional, but cleaner)
Keep ONLY:
Price candles
Your ShooterViz Lazy Trader EMA System
Maybe support/resistance levels if you manually draw them
How to Trade With This Script
The Basic Workflow
Before the Market Opens:
Check the background color and info table bias
Green background? Look for LONG setups only
Red background? Look for SHORT setups only
Gray background? Stay flat or trade small
During the Trading Session:
LONGS (When hyper frame is bullish):
Wait for Entry 1 signal:
Lime triangle appears with "20%"
Price has reclaimed the 5 EMA after dipping to 3 EMA
Action: Enter 20% of your intended position
Stop loss: Place below the 5 EMA or recent swing low
Wait for Entry 2 signal:
Green triangle appears with "30%"
Price pulled back to 21 EMA and bounced
Action: Add 30% more (you're now at 50% total)
Move stop: Trail it up to below 21 EMA
Wait for Entry 3 signal:
Teal triangle appears with "50%"
Price compressed at 34 EMA and broke out
Action: Add final 50% (you're now 100% loaded)
Move stop: Trail it up to below 34 EMA
Wait for Exit 1 signal:
Orange triangle appears with "50% OFF"
Price broke below 89 EMA
Action: Exit 50% of your position immediately
Move stop on rest: Trail to 89 EMA or lock in profits
Wait for Exit 2 signal:
Red triangle appears with "EXIT ALL"
Price broke below 144 EMA
Action: Exit remaining 50% (you're now flat)
Or: Stop gets hit at 89 EMA (same result)
SHORTS (When hyper frame is bearish):
Same process, but inverted
Triangles appear above price instead of below
Look for breakdowns below EMAs instead of bounces off them
Exit when price reclaims 89 and 144 EMAs
Real-World Example Walkthrough
Setup: Trading ES (S&P 500 Futures) on 1H Chart
Chart Configuration:
Timeframe: 1 Hour
Hyper Frame: 240 (4-hour)
Ticker: ES
Pre-Market Check:
Background is light green
Info table shows "🟢 LONG" for Hyper Bias
Decision: Only look for long entries today
9:30 AM - Market Opens
Price dips and touches 3 EMA
Watch for: Reclaim of 5 EMA
9:45 AM - Entry 1 Triggers
Lime triangle appears below bar
Price closed above 5 EMA at $4,550
Action taken:
Enter long 20% position (2 contracts if targeting 10 total)
Stop loss at $4,545 (below 5 EMA)
Risk: $10 per contract × 2 = $20 risk
10:30 AM - Entry 2 Triggers
Price rallied to $4,565, pulls back
Green triangle appears at 21 EMA ($4,555)
Action taken:
Add 30% (3 more contracts, now have 5 total)
Move stop to $4,550 (below 21 EMA)
Current P/L: +$25 ($5 gain on original 2 contracts, break-even on new 3)
11:15 AM - Entry 3 Triggers
Price consolidates at 34 EMA around $4,560
Teal triangle appears as price breaks to $4,568
Action taken:
Add final 50% (5 more contracts, now have 10 total)
Move stop to $4,555 (below 34 EMA)
Current P/L: +$70
1:00 PM - Price Extends
Price rallies to $4,595 (on track)
89 EMA is at $4,575
No action yet, let it run
2:15 PM - Exit 1 Triggers
Price pulls back from $4,600
Orange triangle appears as price breaks below 89 EMA at $4,580
Action taken:
Exit 50% (5 contracts closed at $4,580)
Keep 5 contracts with stop at 89 EMA ($4,575)
Banked: +$150 average gain on closed 5 contracts
2:45 PM - Exit 2 Triggers
Price continues down
Red triangle appears as price breaks 144 EMA at $4,570
Action taken:
Exit remaining 5 contracts at $4,570
Banked: +$100 on remaining 5 contracts
Final Results:
Total gain: $250 on the trade
Initial risk: $50 (if stopped out at Entry 1)
Risk/Reward: 5:1
Time in trade: ~5 hours
Common Questions
"What if I miss Entry 1? Can I still take Entry 2?"
Yes! Each entry is independent. If you miss the 3→5 reclaim, wait for the 21 EMA bounce. You'll start with a 30% position instead of 20%, but that's fine.
Rule: Never chase. Wait for the next EMA setup.
"What if multiple entry signals trigger at the same bar?"
Rare, but possible. If you see both Entry 1 and Entry 2 trigger together:
Take Entry 1 first (20%)
If the next bar confirms Entry 2 is still valid, add 30%
When in doubt, scale in gradually
"The hyper frame is green but I'm seeing short signals?"
Don't take them. The hyper frame is your bias filter. If it says "go long," ignore short setups. They're usually lower probability and will get stopped out.
"Can I use this for swing trading overnight?"
Absolutely. Just switch your hyper frame:
If you're on Daily charts, use Weekly hyper frame
If you're on 4H charts, use Daily hyper frame
Adjust position sizes for overnight risk
"What if the signal appears right at market close?"
Don't chase it. Wait for the next bar (next day) to confirm. Signals that appear in the last 5 minutes are often noise.
"How do I set up alerts?"
Right-click on the chart
Select "Add Alert"
Choose "LazyEMA" from the condition dropdown
Select which signal you want alerts for:
Entry 1: 3→5 Reclaim
Entry 2: 21 EMA Add
Entry 3: 34 EMA Breakout
Exit 1: 89 EMA Break
Exit 2: 144 EMA Break
Click "Create"
Pro tip: Set up all 5 alerts so you never miss a signal.
Position Sizing Guide see
swingtradenotes.substack.com
Critical Rule: Know your total risk BEFORE you take Entry 1. Don't wing it.
Customization Tips
For Day Traders (Scalpers)
Use 5min or 15min charts
Hyper frame: 1H or 4H
Expect 2-4 setups per day
Tighter stops (0.5% risk per entry)
For Swing Traders
Use 4H or Daily charts
Hyper frame: Daily or Weekly
Expect 1-2 setups per week
Wider stops (1-2% risk per entry)
For Position Traders
Use Daily or Weekly charts
Hyper frame: Weekly or Monthly
Expect 1-2 setups per month
Widest stops (2-3% risk per entry)
The "Don't Be Stupid" Checklist
Before taking ANY signal from this script, ask:
✅ Is the hyper frame bias pointing in my direction?
✅ Is the signal clean (not at a weird time or during news)?
✅ Do I know my stop loss level?
✅ Do I know my position size?
✅ Can I afford to lose if this trade fails?
If you answered "no" to ANY of these, skip the trade.
Troubleshooting
"I'm not seeing any signals"
Possible causes:
The "Show Lazy Trader System" toggle is off (turn it on)
Your chart timeframe is too high (try 1H or 4H)
Market is in a tight range (EMAs are compressed)
You need to refresh the chart
"Too many signals, getting whipsawed"
Fixes:
Increase your chart timeframe (go from 15m to 1H)
Switch to a less volatile ticker
Only trade when hyper frame bias is STRONG (not neutral)
Add a minimum bar count between signals
"The info table is covering my price action"
Fix:
Edit the script
Find the line: table.new(position.top_right, ...
Change position.top_right to position.bottom_right or position.top_left
"Signals appear then disappear"
This is normal (repainting). Some signals (especially compression breakouts) can disappear if the next bar reverses. This is why you:
Wait for bar close before acting
Use alerts that only fire on confirmed bars
Don't chase signals mid-bar
Final Thoughts
This script is a decision-making tool, not a crystal ball. It shows you high-probability setups based on EMA dynamics and trend structure. You still need to:
Manage your risk
Choose your position size
Stick to the rules
Accept losses when they happen
The system works when YOU work the system.
Print this guide, tape it next to your monitor, and follow it religiously for 20 trades before making ANY changes.
Good luck, and stay lazy (the smart way).
