Rube Goldberg Top/Bottom Finder [theUltimator5]This is what I call the Rube Goldberg Top and Bottom Finder. It is an overly complex method of plotting a simple buy or sell label on a chart.
I utilize several standard TA techniques along with several of my own to try and locate ideal Buy/Sell conditions. I came up with the name because there are way too many conditional variables to come up with a single buy or sell condition, when most standard indicators use simple crossovers or levels.
There are two unique triggers that are calculated using completely independent techniques. If both triggers turn true within a small timeframe between each other, the buy/sell trigger turns true and plots a "buy" or "sell" label on the chart.
This indicator was designed to be fully functioning out of the box and can be customized only if the user wishes to. It is effective on all timeframes, but longer timeframes (daily +) may require signal length adjustment for best results.
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The signals used in the leading trigger are as follows:
(1)RSI
The user can select among any of the following moving averages (base is EMA) (#3) , and have an RSI generated at a user defined length (base is 14). (#4)
SMA, EMA, DEMA, TEMA, WMA, VWMA, SMMA, HMA, LSMA, ALMA
The user can select whether or not the RSI is filtered with the following options:
None, Kalman, Double EMA, ALMA
The filter conditions are hard coded to minimize the amount of selections that the user is required to make to reduce the user interface complexity.
The user can define overbought (base 70) and oversold (base 30) conditions. (#2)
When the RSI crosses above or below the threshold values, the plot will turn red. This creates condition 1 of the leading trigger.
(2) ADX and DI
This portion of the indicator is a derivative of my ADX Divergence and Gap Monitor indicator.
This technique looks at the ADX value as well as for spikes in either +DI or -DI for large divergences. When the ADX reaches a certain threshold and also outpaces a preset ADX moving average, this creates condition 2 of the leading trigger.
There is an additional built-in functionality in this portion of the indicator that looks for gaps. It triggers when the ADX is below a certain threshold value and either the +DI or -DI spike above a certain threshold value, indicating a sudden gap in price after a period of low volatility.
The user can set whether or nor to show when a gap appears on the chart or as a label on the plot below the chart (disabled by default) . If the user chooses to overlay gaps on the chart, it creates a horizontal fill showing the starting point of the gap. The theory here is that the price will return at some point in the near future to the starting point of the gap.
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(3) DI based Multi-Symbol reference and divergence
Part of the script computes both the +DI (positive directional index) and -DI (negative directional index) for the currently selected chart symbol and three reference symbols.
The averaged directional move of the reference symbols are compared to the current ticker on your chart and if the divergence exceeds a certain threshold, then the third condition of the trigger is met.
The components that are referenced are based on what stock/chart you are looking at. The script automatically detects if you are looking at a crypto, and uses a user selectable toggle between Large Cap or Small Cap. (#1) The threshold levels are determined by the asset type and market cap.
The leading trigger highlights under several conditions:
1) All (3) portions of the trigger result in true simultaneously
OR
2) Any of triggers 2 or 3 reach a certain threshold that indicates extreme market/price divergence as well as trigger 1 being overbought or oversold.
AND
3) If the trigger didn't highlight
For the lagging part of the trigger:
The lagging trigger is used as a confirmation after the leading trigger to indicate a possible optimized entry/exit point. It can also be used by itself, as well as the leading indicator.
The lagging indicator utilizes the parabolic Stop And Reverse (SAR). It utilizes the RSI length that is defined in portion 1 of the leading trigger as well as the overbought and oversold thresholds. I have found excellent results in catching reversals because it catches rate-of-change events rather than price reversals alone.
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When both the leading triggers FOLLOWED BY the lagging trigger result in true within a user defined timeframe, then the buy or sell trigger results in true, plotting a label on the chart.
All portions of the leading and lagging indicators can be toggled on or off, but most of them are toggled off by default in order to reduce noise on the plot.
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The leading, lagging, and buy/sell triggers each have built-in alerts that can be toggled on or off in the alert menu.
I have an optional built-in toggle to show green or red dots on the RSI line using two separate RSI lengths that are amplified and plot based on RSI divergence and strength. This can be used as a visual confirmation (or rejection) against the chart overlay plots.
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This indicator is not a strategy, so there are no built-in exits or stop losses.
在脚本中搜索"gaps"
Intrabar BoxPlotThe Intrabar BoxPlot publication highlights an uncommon technique by displaying statistical intrabar Lower Timeframe (LTF) values on the chart.
🔶 USAGE
🔹 Middle 50% Boxes
By showing the middle 50% intrabar values through a box, we can more easily see where the intrabar activity is mainly situated.
The middle 50% intrabar values are referred to from here on as Interquartile range (IQR).
In this example, the successive IQRs form a channel where the price eventually breaks out.
Disproportionately distributed values can give insights which can be used to find potential support/resistance areas.
IQR gaps can give valuable information as well. Potentially, the price can return to these gaps.
Seeing the IQR areas against regular candles gives an alternative image of the underlying price movements.
🔹 Highest volume Price level
The script displays the price level with the highest volume situated, dependable on the user's source setting. Setting the source at 'close' will only display intrabar close values; the same goes for high, low, ...
As seen in the above example, the volume levels can aid in finding support/resistance.
🔹 Median
The location of the median off all intrabar values is displayed as a coloured dot: green when the close price is higher than the opening price and red if otherwise. The median can give valuable insights into price movements.
🔹 Outliers
Medium (white dots) and extreme (white X) outliers, in combination with the IQR box, can help identify potential areas of interest.
🔹 Volume Delta
When there is a discrepancy between the delta volume and direction of the candle, this will be displayed as follows:
Green candle: when the sum of the volume of red intrabars is higher than the sum of the volume of green intrabars, the candle will be coloured orange.
Red candle: when the sum of the volume of green intrabars is higher than the sum of the volume of red intrabars, the candle will be coloured blue.
🔹 Highlight Boxplot only
Probably the easiest way to display boxplot only is by changing the Bar's style to Bars .
🔶 DETAILS
All intrabar values (Lower TimeFrame - LTF) are sorted and evaluated. Values can be close , high , low , ... by selecting this in Settings ( source ).
The middle 50% of all values are displayed as a box; this contains the values between percentile 25 (p25) and percentile 75 (p75). The value of percentile rank 75 means 75% of all values are lower. The value of percentile rank 25 means 25% of all values are lower, or 75% is higher.
The difference between p75 and p25 is also known as Interquartile range (IQR)
IQR is used to check for outliers.
Wiki: Boxplot , Interquartile range
Extreme high: maximum value, higher than p75 + IQR*3
Max outlier high: maximum value, higher than p75 + IQR*1.5 but lower than p75 + IQR*3
Max: maximum value, lower than p75 + IQR*1.5
Min: minimum value, higher than p25 - IQR*1.5
Min outlier low: minimum value, lower than p25 - IQR*1.5 but higher than p25 - IQR*3
Extreme low: minimum value, lower than p25 - IQR*3
Max and min must not be interpreted with the current candle high/low.
🔹 Example: Length of chart-puppets
The following example can make it easier to digest. Forty "chart-puppets" are sorted by their length.
The p25 value is 97
The p50 value is 120
The p75 value is 149
75% of all "chart-puppets" are smaller than p75, and 25% is larger than p75.
50% of all "chart-puppets" are smaller than p50, and 50% is larger than p50 (= median).
25% of all "chart-puppets" are smaller than p25, and 75% is larger than p25.
IQR = 149 - 97 = 52
Extreme outlier limit max: p75 + IQR*3 = 149 + 52*3 = 305
Mild outlier limit max: p75 + IQR*1.5 = 149 + 52*1.5 = 227
Mild outlier limit min: p25 - IQR*1.5 = 97 - 52*1.5 = 19
Extreme outlier limit min: p25 - IQR*3 = 97 - 52*3 = -59
In this example there are no outliers to be found, all values are located between p25 - IQR*1.5 (19) and p75 + IQR*1.5. (227)
🔹 Source settings
Note that results are dependable on the chosen source (settings). When, for example, close is chosen as the source, only intrabar close prices are included. This means a low or high can stretch further then the min or max.
Here we can see different results with different source settings
🔹 LTF settings
When 'Auto' is enabled (Settings, LTF), the LTF will be the nearest possible x times smaller TF than the current TF. When 'Premium' is disabled, the minimum TF will always be 1 minute to ensure TradingView plans lower than Premium don't get an error.
Examples with current Daily TF (when Premium is enabled):
500 : 3 minute LTF
1500 (default): 1 minute LTF
5000: 30 seconds LTF (1 minute if Premium is disabled)
🔶 SETTINGS
Source: Set source at close, high, low,...
🔹 LTF
LTF: LTF setting
Auto + multiple: Adjusts the initial set LTF
Premium: Enable when your TradingView plan is Premium or higher
🔹 Intrabar Delta : Colors, dependable on different circumstances.
Up: Price goes up, with more bullish than bearish intrabar volume.
Up-: Price goes up, with more bearish than bullish intrabar volume.
Down: Price goes down, with more bearish than bullish intrabar volume.
Down+: Price goes down, with more bullish than bearish intrabar volume.
🔹 Table
Show table: Show details at the top right corner
Show TF: Show LTF at the bottom right corner
Text color/table size
See DETAILS for more information
HTF Candles Overlay [Trendoscope®]🎲 HTF Candles Overlay is a simple indicator where you can overlay higher timeframe candles on current timeframe chart.
Most of the code is encapsulated in the library HTFCandlesLib . After publishing the library as open source, many people requested to convert that into an indicator. Based on this, we decided to publish this small code for the use of community.
🎯 Usage
The indicator is simple, it helps users visualise higher timeframe candles. We majorly use this for debugging or validating our implementations based on higher timeframe. Instead of switching back and forth to different timeframes, it helps us visualise higher timeframe candles on the same chart when we are validating the implementation that involves higher timeframe calculations.
🎯 Components
The indicator provides two types of displays
Candles - overlay candles built through lines and labels
Plot - close price of higher timeframe plotted on chart
🎯 Candles
The behaviour of the candles are similar to that of hollow candles. The color of the body and the border+wick demonstrates the movement of the candle.
Body color is lime if the HTF close is higher than HTF open. Body color is orange if the HTF close is lower than the HTF open.
Wick and border color is lime if HTF close price is higher than previous HTF close price. And they are orange if HTF close price is lower than the previous HTF close price
In most cases body color will be same as the wick color. In case of stocks and indices, it may happen that the open price is too far away from previous close price due to gaps. This can lead to close price being relatively in different direction when compared to open and previous close.
Wicks are not at the centre of the candle. Instead wicks are drawn on the current chart timeframe position where the current timeframe has reached the highest or lowest point within the given HTF candle
Candles also list OHLC price of HTF candle along with HTF bar index and the range of LTF bar index that the candle spawns
Here are some pictorial representations that can help understand better.
Here are the examples of candles with gaps where body and wick/border are in different directions (colours)
🎯 Indicator Settings
Simple settings allow users to select the timeframe, whether to display candles and plots and their specific colors.
🎯 Possible inconsistencies
The overlay can show inconsistent data in certain situations. Here are some of the scenarios where the indicator may not show consistent display of the data.
When the HTF data from request.security does not match that of combined LTF data . In such cases, HTF candles may not form inline with the current timeframe candles. This happens when there is a data issue of different OHLC data available in tradingview.
When using weekly candle as either chart timeframe or higher timeframe - end of week may not coincide with end of month or other timeframes. This can cause some inconsistencies in the visuals of the indicator.
When open and close time of either LTF or HTF falls under different day due to time zone used. - time is always the time on which the candle close. So, when we use time zone that causes the exchange day to open and close on different days, that can cause some inconsistencies in the candles being drawn.
Implied Fair Value Gap (IFVG) ICT [TradingFinder] Hidden FVG OTE🔵 Introduction
The Implied Fair Value Gap (IFVG) is distinctive due to its unique three-candlestick formation, which differentiates it from conventional Fair Value Gaps.
Implied fair value represents an estimated worth of an asset—often a business or its goodwill—based on the price likely to be received in a structured transaction between market participants at a specific point in time.
In the ever-evolving world of technical analysis, pinpointing price reversal points and market anomalies can significantly enhance trading strategies and decision-making for traders and investors. Among the advanced concepts gaining traction in this field is the Implied Fair Value Gap (IFVG), introduced by the renowned analyst Inner Circle Trader (ICT).
This tool has proven to be an effective method for identifying hidden supply and demand zones in financial markets, offering a unique edge to traders looking for high-probability setups.
Unlike traditional gaps that are visible on price charts, IFVG is a hidden gap that doesn’t appear explicitly on the chart and thus requires specialized technical analysis tools for accurate identification.
This hidden gap can signal potential price reversals and offers traders insight into high-liquidity areas where price is likely to react. This article will guide you through using the ICT Implied Fair Value Gap Indicator effectively, covering its settings, usage strategies, and key features to help you make informed decisions in the market.
🟣 Bullish Implied FVG
🟣 Bearish Implied FVG
🔵 How to Use
The IFVG indicator is designed to assist traders in recognizing hidden support and resistance zones by identifying Bullish and Bearish IFVG patterns. With this tool, traders can make better-informed decisions about suitable entry and exit points for their trades based on these patterns.
🟣 Bullish Implied Fair Value Gap
This pattern occurs in an uptrend when a large bullish candlestick forms, with the wicks of the previous and following candles overlapping the body of the central candlestick.
This overlap creates a demand zone or a hidden support level, which can act as an ideal entry point for buy trades. Often, when the price returns to this area, it is likely to resume its upward trend, presenting a profitable buying opportunity.
🟣 Bearish Implied Fair Value Gap
This pattern is similar but forms in downtrends. Here, a large bearish candlestick appears on the chart, with the wicks of adjacent candles overlapping its body. This overlap defines a supply zone or a hidden resistance level and serves as a signal for potential sell trades.
When the price returns to this zone, it often continues its downward trend, providing an optimal point for entering sell trades.
The IFVG indicator also includes various filters that traders can use to refine their analysis based on market conditions. These filters, including Very Aggressive, Aggressive, Defensive, and Very Defensive, allow users to customize the IFVG zones' width, offering flexibility according to the trader’s risk tolerance and trading style.
🟣 Example Trading Scenarios
Suppose you’re in a strong uptrend and the IFVG indicator identifies a Bullish IFVG zone. In this scenario, you could consider entering a buy trade when the price retraces to this zone, expecting the uptrend to resume. Conversely, in a downtrend, a Bearish IFVG zone can signal a favorable entry point for short trades when the price revisits this area.
🔵 Settings
Implied Block Validity Period: This parameter specifies the validity period of each identified block, taking into account the number of bars that have passed since its formation. Proper adjustment of this period helps traders focus only on relevant zones, increasing the accuracy of the analysis.
Mitigation Level OB : This option defines the mitigation level for supply and demand blocks (Order Blocks), with settings including Proximal, 50% OB, and Distal.
Depending on the selected level, the indicator will focus on closer, mid-range, or farther points for block identification, allowing traders to adjust for the level of precision required.
Implied Filter : Activating this filter allows traders to apply conditions based on the width of the IFVG zones. With options like Very Aggressive and Very Defensive, traders can control the width of IFVG zones to suit their risk management strategy—whether they prefer high-risk setups or low-risk setups.
Display and Color Settings : This section enables users to customize the appearance of the IFVG zones on their charts. Traders can set different colors for Bullish and Bearish zones, allowing for easier distinction and improved visualization.
Alert Settings : One of the standout features of the IFVG indicator is the alert system. By setting up alerts, users can be notified whenever the price approaches a demand or supply zone.
Alerts can be customized to trigger Once Per Bar (one alert per bar) or Per Bar Close (alert at the close of each bar), ensuring that traders stay updated on critical price movements without needing to monitor the chart continuously.
🔵 Conclusion
The ICT Implied Fair Value Gap (IFVG) indicator is a powerful and sophisticated tool in technical analysis, allowing professional traders to identify hidden supply and demand zones and use them as entry and exit points for buy and sell trades.
This indicator’s automatic detection of IFVG zones helps traders uncover hidden trading opportunities that can enhance their analysis.
While the IFVG indicator offers numerous advantages, it is important to use it in conjunction with other technical analysis tools and sound risk management practices.
IFVG alone does not guarantee profitability in trading; it works best when combined with other indicators such as volume analysis and trend-following indicators for a comprehensive trading strategy.
The Ultimate Indicator by ATK
The Ultimate Indicator By ATK
This all-in-one trading indicator integrates multiple advanced tools to provide ICT traders with deep insights into market structure, liquidity zones, Fair Value Gaps (FVG), and AI-powered signals. Whether you’re a scalper or a long-term trader, this indicator offers real-time analysis and helps identify potential trading opportunities in dynamic markets.
🔵 Key Features
🔹 2 options for checking SMT (Separation and Divergence) Detection:
First - Compares highs and lows of a primary symbol (e.g., NQ1!) with a user-defined comparison symbol (e.g., ES1!).
Automatically detects and visualizes discrepancies (red for highs, blue for lows) between the symbols.
Offers customizable comparison settings and alerts for divergence detection.
Second -
Real-time SMT comparison between two tickers - red/green lines.
🔹 Market Structure Change (MSS) & Break of Structure (BOS) Detection:
Identifies market structure shifts and breakouts, crucial for spotting potential reversals.
Customizable sensitivity and length settings to adapt to various market conditions and trading strategies. Use 3 different timeframes on the same chart.
🔹 Buy Side & Sell Side Liquidity Zones:
Highlights liquidity zones on both buy and sell sides, offering a clear view of market pressure points.
Configurable settings for detection length, margin, and alert conditions for liquidity sweeps like the 15-minute Buy Side Liquidity (BSL) and Sell Side Liquidity (SSL).
These lines from Swing Highs & Lows:
Automatically plots horizontal lines at the most recent swing highs and lows.
Lines are removed once the closing price breaches these levels, ensuring real-time updates and clean charting.
🔹 Fair Value Gap (FVG) Detection:
Detects FVG formations on 5-minute and 1-minute charts, making it ideal for scalpers capturing liquidity gaps.
Includes directional arrows and customizable alerts based on higher and lower timeframe FVG analysis, helping traders time their entry and exit points.
🔹IFVG (Inverse fair value gap) - yellow
🔹IFVG + SMT - Light blue
🔹IFVG + SMT + HTF FVG - green/red (1 min only)
🔹IFVG + SMT + BSL/SSL Swept - green/red (1 min only)
for example:
🔹 Capture and plot significant price levels at specific times throughout the trading day:
TDO (True Day Open): The price at which a market opens at 12:00 AM US.
TMSO (True Micro Session Open): The open price of the Q2 of the micro session.
RVT (Revolving True Open): The price recorded at 12:00 PM US.
AO (Asia True Open Price): The price captured at 7:30 PM US, specifically representing the opening price of the Asian session.
LO (London True Open Price): 1:30 AM US
AM (New York Session - Afternoon Market True Open Price): 7:30 AM US
PM (Post Market Open Price): 1:30 PM US.
For example TMSO:
🔹 AI-Powered Entry Detection:
The script helps identify entry points based on specific candle patterns, while also considering the exponential moving averages (EMAs) for trend confirmation.
🔶FFMS Strategy: (First Five Minute Strategy)
Check 5-min time frame if the price is between the high and low of the previous day. then, when NYO if there is retest on the High/Low on the 5-min chart after crossover or crossunder the 5 minute first candle high/low lines.
🔶PSP & PSP + FVG
🔹The Precision Swing Point (PSP). It helps you visually identify price decorrelation (type of SMT) among key futures contracts (NQ/ES or NQ/ES/YM/ZB) and set alerts for these significant market movements.
🔹The PSP HTF 15 Min + FVG LTF 1 Min
In this strategy the script is looking for PSP in HTF (15-Min) and capture the FVG in LTF (1-Min) only if its between High and Low of the PSP.
If there is a retracement in parallel micro session time, for example: Q1 with Q3 or Q2 with Q4, Q3 with Q1, etc…
if the retracement was happened and the price close above/below the high/low of the FVG from the LTF that captured according to the direction for long/short, it plots an arrow.
Update the script that checks the purple arrows and shows all of them each time there is a new PSP in a 15-minute timeframe and then FVG in 1 Min timeframe with the reference to the TDO/TMSO/Open session
for example:
Step 1: PSP 15Min LOW/HIGH Lines look for FVG by the conditions above - purple arrow
Step 2:FVG founded - purple arrow
SMT Fill on 15 min timeframe + IFVG 1 min - Detected option:
When Sym1 closed above/below FVG and Sym2 didn't it is SMT FILL (15 Min timeframe)
White arrows when captured SMT FIll + IFVG:
option to turn on alert on this strategy too.
🔹Detect liquidity swept on 15-min timeframe by $$ - green/red
🔹Detect liquidity to sweep zones on by diamonds - green/red
🔹Alerts for all Events and full scenarios.
Real-time notifications ensure traders can act quickly on potential trade setups.
🔵 Conclusion:
This Ultimate Indicator by ATK brings together critical elements of market analysis in one tool for ICT traders, offering real-time insights, alerts, and visual aids to enhance trading strategies. Whether you’re focused on short-term price action or long-term market trends, this indicator provides the tools necessary for informed decision-making and improved trading performance.
BINANCE-BYBIT Cross Chart: Spot-Perpetual CorrelationName: "Binance-Bybit Cross Chart: Spot-Perpetual Correlation"
Category: Scalping, Trend Analysis
Timeframe: 1M, 5M, 30M, 1D (depending on the specific technique)
Technical analysis: This indicator facilitates a comparison between the price movements shown on the Binance spot chart and the Bybit perpetual chart, with the aim of discerning the correlation between the two charts and identifying the dominant market trends. It automatically generates the corresponding chart based on the ticker selected in the primary chart. When a Binance pair is selected in the main chart, the indicator replicates the Bybit perpetual chart for the same pair and timeframe, and vice versa, selecting the Bybit perpetual chart as the primary chart generates the Binance spot chart.
Suggested use: You can utilize this tool to conduct altcoin trading on Binance or Bybit, facilitating the comparison of price actions and real-time monitoring of trigger point sensitivity across both exchanges. We recommend prioritizing the Binance Spot chart in the main panel due to its typically longer historical data availability compared to Bybit.
The primary objective is to efficiently and automatically manage the following three aspects:
- Data history analysis for higher timeframes, leveraging the extensive historical data of the Binance spot market. Variations in indicators such as slow moving averages may arise due to differences in historical data between exchanges.
- Assessment of coin liquidity on both exchanges by observing candlestick consistency on smaller timeframes or the absence of gaps. In the crypto market, clean charts devoid of gaps indicate dominance and offer enhanced reliability.
- Identification of precise trigger point levels, including daily, previous day, or previous week highs and lows, which serve as sensitive areas for breakout or reversal operations.
All-Time High (ATH) and All-Time Low (ATL) levels may vary significantly across exchanges due to disparities in historical data series.
This tool empowers traders to make informed decisions by leveraging historical data, liquidity insights, and precise trigger point identification across Binance Spot and Bybit Perpetual market.
Configuration:
EMA length:
- EMA 1: Default 5, user configurable
- EMA 2: Default 10, user configurable
- EMA 3: Default 60, user configurable
- EMA 4: Default 223, user configurable
- Additional Average: Optional display of an additional average, such as a 20-period average.
Chart Elements:
- Session separator: Indicates the beginning of the current session (in blue)
- Background: Indicates an uptrend (60 > 223) with a green background and a downtrend (60 < 223) with a red background.
Instruments:
- EMA Daily: Shows daily averages on an intraday timeframe.
- EMA levels 1h - 30m: Shows the levels of the 1g-30m EMAs.
- EMA Levels Highest TF: Provides the option to select additional EMA levels from the major timeframes, customizable via the drop-down menu.
- "Hammer Detector: Marks hammers with a green triangle and inverted hammers with a red triangle on the chart
- "Azzeramento" signal on TF > 30m: Indicates a small candlestick on the EMA after a dump.
- "No Fomo" signal on TF < 30m: Indicates a hyperextended movement.
Trigger Points:
- Today's highs and lows: Shows the opening price of the day's candlestick, along with the day's highs and lows (high in purple, low in red, open in green).
- Yesterday's highs and lows: Displays the opening price of the daily candlestick, along with the previous day's highs and lows (high in yellow, low in red).
You can customize the colors in "Settings" > "Style".
It is best used with the Scalping The Bull indicator on the main panel.
Credits:
@tumiza999: for tests and suggestions.
Thanks for your attention, happy to support the TradingView community.
AlgoRhythmica - Liquidity MapThe AlgoRhythmica - Liquidity Map is a complex and performance heavy indicator, attempting to visualize and highlight areas of liquidity on the chart. It paints lines above and below price with different color and opacity based on the volume, and then highlight the areas with the highest cumulative volume.
What is liquidity and a liquidity map?
Liquidity refers to how quickly and easily an asset can be bought or sold in the market without affecting its price. High liquidity means that there are many buyers and sellers, and transactions can happen rapidly and smoothly.
Liquidity analysis involves examining where and how liquidity is distributed across different price levels.
Price often moves from liquidity zone to liquidity zone, and therefore, having an idea of where those zones are can give traders an understanding of potential support and resistance levels and where significant trading activities might occur.
Those looking to fill large buy orders for example would want to do that in liquid sell areas and vice versa. This indicator attempts to estimate the price levels where traders using leverage get liquidated, and therefore creates liquid areas for buying and selling.
In contrast to Bookmaps which chart the orders in the order book where traders want to transact, a liquidity map is charting where traders are 'forced' to transact due to stop-losses or margin calls. To do that, liquidity maps are mostly based on estimations. It could be based on pivot points, common stop-loss amounts, common leverage amounts or a combination of multiple factors.
As of the current version on release, this indicator is only using the leverage input by the user to estimate the liquidity.
How does it work and what makes it unique?
The indicator takes the volume in a candle and saves that volume in a line. Based on the leverage settings it then offsets that line above and below price. Say, a trader using 20x leverage without a stop-loss gets liquidated if price goes roughly 5% in the wrong direction. Therefore, by assuming common leverage amounts or common risk amounts, we can estimate where traders get liquidated or have their stop-losses based on their leverage or amount they are willing to risk.
Now keep in mind, this liquidity map is just estimating based on general assumptions, it doesn't have access to actual liquidity data.
But at the same time, we're not trading single individual traders, but we're trading the market as a whole, and interestingly enough, some risk and leverage amounts are more common than others. People like using those even numbers like 10x, 20x, 1% risk etc. That's why price do often react on the liquidity in liquidity maps such as this one.
So, when a candle is printed, and you are on a smaller timeframe and decided this is just the kind of market for 100x scalpers. You set the leverage to 100x in the settings and the indicator will paint lines above and below price offset by 1%. There are settings for three leverage amounts at the same time, so you might also set it to paint lines at 5% and 10%, just to catch those traders on higher timeframes if price really takes off.
Now let's talk about what makes this indicator really shine and stand out!
Normally, if we just left the indicator doing as above, there would be lines all over the place and very difficult to interpret which areas matter, or we could limit the indicator to only print lines at high volume candles. Now, you do have that option, but that wouldn't pick up areas where low volume trading has cumulated in the same range, such as over a weekend or during market gaps. Where other liquidity indicators out there might miss that liquidity, this indicator has several solutions for it.
The first solution is stacking semi-transparent lines on top of each other. Normally, lines of the same color and transparency wouldn't add and blend together. But this script offers a seamless transition from one color the next, blending those low volume liquidity lines together.
The second solution, and this is what I believe is really unique and powerful, is that this indicator also has the ability highlight certain liquidity. When enabled, it scans through all the lines, cumulate the volume within a specified range around the lines and then compare the cumulated volume range with the ranges around the other lines. New lines created in the range with the highest cumulated volume gets highlighted.
Without this feature you wouldn't necessarily be able to tell which of two strong areas are more liquid. When price later enters that area and crosses those lines, the liquidity there is then considered consumed and lines created in a different range will now begin to highlight.
All of this is of course enhanced, as in the picture above, when multiple copies of the indicator is used together and assigned to only calculate specific parts of the liquidity map, such as longs, shorts or specific leverage amounts.
Oh, and there's also options for assigning which part of the candle should generate the liquidity. Close, Middle Body or Open. The indicator will then assume that the majority of traders are entering their position in that part of the candle.
The offset is calculated from that part of the candle. By using multiple copies of the indicator, you can assign one for each part and that will give you the whole range of the candle. And you might assume more traders go long from the top, so to emphasize that liquidity, you could increase the size or transparency slightly of the lines generated from that part.
How do I use it?
Well, this isn't gonna give you trading signals or anything, but it will visualize the market for you in a new perspective.
Typically, high liquidity areas are often good areas for entry and TP. But always watch how the price reacts in those areas before entering a position. And remember, the liquidity estimation might not always be accurate.
Particularly watch the highlighted areas for long wicks and high volume, indicating that the liquidity was enough to meet the orders and a retrace or reversal could be imminent.
Watch what happens during consolidation, market gaps and weekends. Notice the lack of liquidity and how the market maker creates liquidity by inducing traders to take positions with quick moves that instantly reverses. You might know how that works in theory, but watching it happen real-time with visualized liquidity is very interesting.
While not necessary, and as I've mentioned earlier, dividing the different functions of the indicator on multiple copies will substantially increase it's accuracy and performance!
For example, use one copy of the indicator per leverage level, or one for shorts, one for longs. One that generates from the close, one from the middle etc. creating a much clearer picture of the liquidity like the picture comparison above.
This is what the indicator offers:
When you're estimating liquidity, you want to be able to do it with accuracy and interpretability. That's why the customization options of this indicator has been really important in the development.
Timeframe Options:
It supports a wide range of time periods, from daily to yearly, enabling traders to apply it across various trading strategies, from short-term day trading to long-term investment analysis. Assuming traders are eventually taking their profits, liquidity after the set time period disappears.
Rich Visual Settings:
The indicator comes with multiple preset color themes and a completely customizable option as well. These visual settings are designed to enhance the interpretability of liquidity data, with adjustable transparency and contrast features.
Liquidity Highlighting Function:
This unique feature emphasizes areas with high liquidity concentration. It scans and highlights significant liquidity zones, aiding traders in identifying critical market levels.
Liquidity Profile:
The LQ-Profile extends liquidity lines based on their associated volume, giving traders another way of identifying high liquidity zones.
Adjustable Liquidity Estimation:
Select and adjust leverage amounts based on your particular chart and analysis. Choose what positions and leverage amounts to display liquidity for. You also have the option to determine if wicks consume liquidity or not.
Since wicks indicate that price was rejected from that area, it doesn't necessarily mean all the liquidity in that area was consumed. You could assign an additional copy of the indicator consuming with wicks and another that doesn't. That way, half the liquidity gets consumed and the other half remains until another candle closes in that area. They choices are endless and it's all about your understanding and analysis here.
Multiple Performance Options:
Depending on your particular chart and timeframe, this indicator can be very performance heavy to load. Luckily it has plenty of performance options for limiting the calculations of the indicator.
Tooltips:
As usual, this indicator comes with extensive tooltips for every function, making sure you understand every part of it.
Happy trading!
Day of Month - Volatility Report█ OVERVIEW
The indicator analyses the volatility and reports the statistics by the days of the month.
█ CONCEPTS
The markets move every day. But how does a market move during a month?
Here are some ideas to explore:
Does the volatility kick in with the start of a new month?
Do the markets slow down at the end of the month?
Which period of the month is the most volatile?
How does this relate to your best and worst trades?
When should you take a break?
DAX
EURGBP
Binance Coin
█ FEATURES
Comparison modes
Compare how each day moves relative to the monthly volatility or the average daily volatility.
Configurable outputs
Output the report statistics as mean or median.
Range filter
Select the period to report from.
█ HOW TO USE
Plot the indicator and visit the 1D, 24H, or 1440 minutes timeframe.
█ NOTES
Gaps
The indicator includes the volatility from gaps.
Trading session
The indicator analyses each day from the daily chart, defined by the exchange trading session (see Symbol Info).
Extended trading session
The indicator can include the extended hours when activated on the chart, using the 24H or 1440 minutes timeframe.
Overnight session
The indicator supports overnight sessions (open and close on different calendar days). For example, EURUSD will report Monday’s volatility from Sunday open at 17:00 to Monday close at 17:00.
This is a PREMIUM indicator. In complement, you might find useful my free Time of Day - Volatility Report .
Scalping The Bull - BullBot for Stock and ForexName : Scalping The Bull - BullBot for Stock and Forex.
Category : Scalping tool for the Stock and Forex market, optimized for trend following and mean reversal operations.
Timeframe : Recommended to be used on timeframe 1m, 5m, 30m, 1h, 1D, depending on the specific technique.
Technical Analysis : The indicator implements the trading techniques of Scalping The Bull. Even if the techniques are exquisitely discretionary, we have written the indicator with our interpretation of the them to identify the patterns automatically. We also codified a the process described below, giving the possibility to trade mechanically. The indicator is designed for a short-term (intraday or scalping) trend-following approach, where the entry is made on the breakout of significant price levels. Entry setups are calculated by price action analysis using 5-10-50-200 EMAs as reference. According to the interaction of price action with the EMAs, patterns are generated, and the indicator finds them independently.
Suggested use :
The process follows:
1. Selection of the instrument to trade on
Given the short duration of the trades, there must be sufficient volatility and liquidity. You can add the different instruments to a TradingView watch list and then make a first skim, considering the daily percentage change. Once an instrument has been selected, the indicator allows you to check at a glance things like the Rate of Change (ROC) and the detection of opening gaps.
2. Identification of the main trend
Once in the instrument, the main trend of the underlying is identified through the 50-200 EMAs: if the fast EMA is greater than the slow one, we have a bullish trend, otherwise a bearish trend on a higher timeframe than the one in which the trade is executed. The rule is to trade in favor of the main trend. For this reason, the indicator prints to chart reference averages. It is also recommended to check the daily timeframe, always using the averages, preferring those instruments where the price follows an average without touching it too often.
3. Identification of breakout levels
Breakout levels favoring the trend are identified near the daily high/minimum, the previous day's high/minimum, or the weekly high/minimum. The indicator prints such levels on the chart with lines.
4. Identification of secondary trends and entry levels
Patterns can be divided into three categories. Trend-based ones have the function of identifying the secondary trend and then confirming the trade. Breakout patterns are used to find entry levels.
a. Trend Continuation Patterns (Price/EMA) : are used to get confirmation that the minor trend is in agreement with the major trend (i.e., Shimano, Dive, Dip, Anti-crossing).
b. Trend Change Patterns (Price/EMA) : are used to get confirmation that a minor trend in the opposite direction of the main trend is ending and therefore are used to get further confirmation of the trade (i.e., Bounce, Viagra, Return to Highs/Minimums).
c. Breakout Patterns : identify the optimal price levels for trade entry (i.e., Third Touch, Bud, Maxi Bud, Color Change).
Details on how the specific patterns are computed can be found below in the description of this indicator.
5. Definition of Stop Loss and Take Profit
Once the entry price is calculated, different types of Stop Loss (e.g., relative minimum of Tot candles, first or second average below price, price levels) and Take Profit (relative maximum of Tot candles, first or second average above price, price levels) can be considered. A risk/reward ratio of at least 1.2 should always be considered, depending on one's risk appetite.
6. Define the position management strategy
Normally, when a mock breakout is executed, the advice is to exit the trade as soon as possible or at least to bring the stop-loss to break even. A trailing stop on relative lows or the nearest average is also possible.
7. Enter the position
Usually, with a stop order, follow the rules defined in the previous steps.
Configuration :
Graphical configuration :
Show ROC filter : turns the background green when the asset has enough volatility to activate patterns.
Show Legend : enables the description on the lines of the trigger points.
Show Table : displays the volatility table where the GAP and ROC (Rate of Change) information is present.
Show Take Profit % - Automatic : shows the percentage scale that automatically adjusts to the volatility of the chart to identify the Take Profit and Stop Loss at a glance.
Label color : adjusts the color of the labels.
Trigger Point Colors : Adjust the colors of the trigger points.
Trigger Points
Today's highs and lows : draw on the chart the closing price of Yesterday, the opening price of the daily candlestick, and the highs and lows of the day (high in purple, low in red, Yesterday's close in green, and open in orange).
Yesterday's highs and lows : draw on the chart the highs and lows of the previous day (high in yellow, low in red). An alert can be activated with a % offset.
Weekly highs and lows : draw the highs and lows of the previous week on the chart (high in white, low in red). An alert can be activated with a % offset.
Price Patterns :
Gap : a label and an alert can be activated.
Pay..!! : a label and an alert can be activated.
Third Touch and Third Touch on EMA : a label and an alert can be activated.
Return to Highs : a label and an alarm can be activated.
Return to Lows : a label and an alarm can be activated.
Long and Short Color Change : a label and an alert can be activated.
EMA Patterns :
Viagra long and short : a label and an alert can be activated for the specific market and EMA situations.
Shimano : a label and an alert can be activated with a configurable candlestick threshold.
Emergence - Dive : a label and an alert can be activated.
Anti-crossing - Anti-crossing short : a label and an alarm can be activated.
Bounce on EMA long and short : a label and an alert can be activated with a configurable tick tolerance.
Bud - Maxi Bud - Bud Short : a label and an alert can be activated on all timeframes.
Alerts :
Activate all alerts : you can activate alerts by clicking on Alerts, then on the condition "BullBot" and then on "Any alert() function.". So that you know, creating alerts on the price-EMA crossing is also possible.
Patterns :
The list of patterns that are automatically recognized by the indicator follows.
Gap : indicates when a Gap Up or Gap Down occurs at the opening of a session, particularly useful in the equity markets.
Pay : signals when the stock has risen by a sufficient percentage to be tradable, adjusts the triggering of many bounce and breakout patterns.
Viagra : signaled for both a long and short setup, indicates an overbought or oversold situation by the appearance of gaps and a series of consecutive candles contained by the fast EMAs (5 -10) depending on the market of reference.
Third touch and third touch EMA : signals a breakout conformation, indicated when three touches occur at the same price level or below one of the slow EMAs (50 - 200).
Shimano : detects lateralization between Ema 50 and Ema 200, indicating that we are in a retracement phase and that a new impulsive move may soon develop.
Emergence - Dive : these are the main patterns for identifying the trend. The indicator signals when the EMA 50 and 200 are approaching to anticipate their crossing to the top or bottom.
Anti-crossing long - Anti-crossing short : occurs when the price, after an important impulse, makes a retracement to the EMA 200, bringing the EMA 50 to approach it without ever touching it, but before the cross, an opposite impulse determines the end of the retracement and the resumption of the trend in place.
Rebound : signals in the first rebound on the EMA 50 and EMA 200 after an impulse that recorded new highs or lows.
Return to the Highs - Return to the Lows : this pattern is closely related to rebounds. It indicates that the price is approaching the highs or lows again after a rebound on a slow EMA.
Change Color : is based on the previous session's closing price. It indicates when the price is approaching either from above or below this level, which determines the Color of the daily candlestick.
Bud - Maxi Bud - Bud Short : Bud occurs when the price breaks above EMA 10, and there are at least two consecutive candles between the high and low of the breakout impulse. Maxi Bud signals near the day's highs when this situation occurs, and Bud Short signals the breakout levels for a short trade.
Market Structure & Liquidity: CHoCHs+Nested Pivots+FVGs+Sweeps//Purpose:
This indicator combines several tools to help traders track and interpret price action/market structure; It can be divided into 4 parts;
1. CHoCHs, 2. Nested Pivot highs & lows, 3. Grade sweeps, 4. FVGs.
This gives the trader a toolkit for determining market structure and shifts in market structure to help determine a bull or bear bias, whether it be short-term, med-term or long-term.
This indicator also helps traders in determining liquidity targets: wether they be voids/gaps (FVGS) or old highs/lows+ typical sweep distances.
Finally, the incorporation of HTF CHoCH levels printing on your LTF chart helps keep the bigger picture in mind and tells traders at a glance if they're above of below Custom HTF CHoCH up or CHoCH down (these HTF CHoCHs can be anything from Hourly up to Monthly).
//Nomenclature:
CHoCH = Change of Character
STH/STL = short-term high or low
MTH/MTL = medium-term high or low
LTH/LTL = long-term high or low
FVG = Fair value gap
CE = consequent encroachement (the midline of a FVG)
~~~ The Four components of this indicator ~~~
1. CHoCHs:
•Best demonstrated in the below charts. This was a method taught to me by @Icecold_crypto. Once a 3 bar fractal pivot gets broken, we count backwards the consecutive higher lows or lower highs, then identify the CHoCH as the opposite end of the candle which ended the consecutive backwards count. This CHoCH (UP or DOWN) then becomes a level to watch, if price passes through it in earnest a trader would consider shifting their bias as market structure is deemed to have shifted.
•HTF CHoCHs: Option to print Higher time frame chochs (default on) of user input HTF. This prints only the last UP choch and only the last DOWN choch from the input HTF. Solid line by default so as to distinguish from local/chart-time CHoCHs. Can be any Higher timeframe you like.
•Show on table: toggle on show table(above/below) option to show in table cells (top right): is price above the latest HTF UP choch, or is price below HTF DOWN choch (or is it sat between the two, in a state of 'uncertainty').
•Most recent CHoCHs which have not been met by price will extend 10 bars into the future.
• USER INPUTS: overall setting: SHOW CHOCHS | Set bars lookback number to limit historical Chochs. Set Live CHoCHs number to control the number of active recent chochs unmet by price. Toggle shrink chochs once hit to declutter chart and minimize old chochs to their origin bars. Set Multi-timeframe color override : to make Color choices auto-set to your preference color for each of 1m, 5m, 15m, H, 4H, D, W, M (where up and down are same color, but 'up' icon for up chochs and down icon for down chochs remain printing as normal)
2. Nested Pivot Highs & Lows; aka 'Pivot Highs & Lows (ST/MT/LT)'
•Based on a seperate, longer lookback/lookforward pivot calculation. Identifies Pivot highs and lows with a 'spikeyness' filter (filtering out weak/rounded/unimpressive Pivot highs/lows)
•by 'nested' I mean that the pivot highs are graded based on whether a pivot high sits between two lower pivot highs or vice versa.
--for example: STH = normal pivot. MTH is pivot high with a lower STH on either side. LTH is a pivot high with a lower MTH on either side. Same applies to pivot lows (STL/MTL/LTL)
•This is a useful way to measure the significance of a high or low. Both in terms of how much it might be typically swept by (see later) and what it would imply for HTF bias were we to break through it in earnest (more than just a sweep).
• USER INPUTS: overall setting: show pivot highs & lows | Bars lookback (historical pivots to show) | Pivots: lookback/lookforward length (determines the scale of your pivot highs/lows) | toggle on/off Apply 'Spikeyness' filter (filters out smooth/unimpressive pivot highs/lows). Set Spikeyness index (determines the strength of this filter if turned on) | Individually toggle on each of STH, MTH, LTH, STL, MTL, LTL along with their label text type , and size . Toggle on/off line for each of these Pivot highs/lows. | Set label spacer (atr multiples above / below) | set line style and line width
3. Grade Sweeps:
•These are directly related to the nested pivots described above. Most assets will have a typical sweep distance. I've added some of my expected sweeps for various assets in the indicator tooltips.
--i.e. Eur/Usd 10-20-30 pips is a typical 'grade' sweep. S&P HKEX:5 - HKEX:10 is a typical grade sweep.
•Each of the ST/MT/LT pivot highs and lows have optional user defined grade sweep boxes which paint above until filled (or user option for historical filled boxes to remain).
•Numbers entered into sweep input boxes are auto converted into appropriate units (i.e. pips for FX, $ or 'handles' for indices, $ for Crypto. Very low $ units can be input for low unit value crypto altcoins.
• USER INPUTS: overall setting: Show sweep boxes | individually select colors of each of STH, MTH, LTH, STL, MTL, LTL sweep boxes. | Set Grade sweep ($/pips) number for each of ST, MT, LT. This auto converts between pips and $ (i.e. FX vs Indices/Crypto). Can be a float as small or large as you like ($0.000001 to HKEX:1000 ). | Set box text position (horizontal & vertical) and size , and color . | Set Box width (bars) (for non extended/ non-auto-terminating at price boxes). | toggle on/off Extend boxes/lines right . | Toggle on/off Shrink Grade sweeps on fill (they will disappear in realtime when filled/passed through)
4. FVGs:
•Fair Value gaps. Represent 'naked' candle bodies where the wicks to either side do not meet, forming a 'gap' of sorts which has a tendency to fill, or at least to fill to midline (CE).
•These are ICT concepts. 'UP' FVGS are known as BISIs (Buyside imbalance, sellside inefficiency); 'DOWN' FVGs are known as SIBIs (Sellside imbalance, buyside inefficiency).
• USER INPUTS: overall setting: show FVGs | Bars lookback (history). | Choose to display: 'UP' FVGs (BISI) and/or 'DOWN FVGs (SIBI) . Choose to display the midline: CE , the color and the line style . Choose threshold: use CE (as opposed to Full Fill) |toggle on/off Shrink FVG on fill (CE hit or Full fill) (declutter chart/see backtesting history)
////••Alerts (general notes & cautionary notes)::
•Alerts are optional for most of the levels printed by this indicator. Set them via the three dots on indicator status line.
•Due to dynamic repainting of levels, alerts should be used with caution. Best use these alerts either for Higher time frame levels, or when closely monitoring price.
--E.g. You may set an alert for down-fill of the latest FVG below; but price will keep marching up; form a newer/higher FVG, and the alert will trigger on THAT FVG being down-filled (not the original)
•Available Alerts:
-FVG(BISI) cross above threshold(CE or full-fill; user choice). Same with FVG(SIBI).
-HTF last CHoCH down, cross below | HTF last CHoCH up, cross above.
-last CHoCH down, cross below | last CHoCH up, cross above.
-LTH cross above, MTH cross above, STH cross above | LTL cross below, MTL cross below, STL cross below.
////••Formatting (general)::
•all table text color is set from the 'Pivot highs & Lows (ST, MT, LT)' section (for those of you who prefer black backgrounds).
•User choice of Line-style, line color, line width. Same with Boxes. Icon choice for chochs. Char or label text choices for ST/MT/LT pivot highs & lows.
////••User Inputs (general):
•Each of the 4 components of this indicator can be easily toggled on/off independently.
•Quite a lot of options and toggle boxes, as described in full above. Please take your time and read through all the tooltips (hover over '!' icon) to get an idea of formatting options.
•Several Lookback periods defined in bars to control how much history is shown for each of the 4 components of this indicator.
•'Shrink on fill' settings on FVGs and CHoCHs: Basically a way to declutter chart; toggle on/off depending on if you're backtesting or reading live price action.
•Table Display: applies to ST/MT/LT pivot highs and to HTF CHoCHs; Toggle table on or off (in part or in full)
////••Credits:
•Credit to ICT (Inner Circle Trader) for some of the concepts used in this indicator (FVGS & CEs; Grade sweeps).
•Credit to @Icecold_crypto for the specific and novel concept of identifying CHoCHs in a simple, objective and effective manner (as demonstrated in the 1st chart below).
CHoCH demo page 1: shifting tweak; arrow diagrams to demonstrate how CHoCHs are defined:
CHoCH demo page 2: Simplified view; short lookback history; few CHoCHs, demo of 'latest' choch being extended into the future by 10 bars:
USAGE: Bitcoin Hourly using HTF daily CHoCHs:
USAGE-2: Cotton Futures (CT1!) 2hr. Painting a rather bullish picture. Above HTF UP CHoCH, Local CHoCHs show bullish order flow, Nice targets above (MTH/LTH + grade sweeps):
Full Demo; 5min chart; CHoCHs, Short term pivot highs/lows, grade sweeps, FVGs:
Full Demo, Eur/Usd 15m: STH, MTH, LTH grade sweeps, CHoCHs, Usage for finding bias (part A):
Full Demo, Eur/Usd 15m: STH, MTH, LTH grade sweeps, CHoCHs, Usage for finding bias, 3hrs later (part B):
Realtime Vs Backtesting(A): btc/usd 15m; FVGs and CHoCHs: shrink on fill, once filled they repaint discreetly on their origin bar only. Realtime (Shrink on fill, declutter chart):
Realtime Vs Backtesting(B): btc/usd 15m; FVGs and CHoCHs: DON'T shrink on fill; they extend to the point where price crosses them, and fix/paint there. Backtesting (seeing historical behaviour):
Day of Week - Volatility Report█ OVERVIEW
The indicator analyses the volatility and reports statistics by the days of the week.
█ CONCEPTS
On business days and weekends, different market participants get involved in the markets. How does this affect the markets during the week?
Here are some ideas to explore:
When are the best days for trading?
Which day of the week is the market the most volatile?
Should you trade on business days? Is it worth trading during the weekend?
How does this relate to your most profitable trades?
Is there a confluence with the days having the highest win rate?
Which days of the week should you stop trading?
Ethereum
USDCAD
NZDUSD
█ FEATURES
Configurable outputs
Output the report statistics as mean or median.
█ HOW TO USE
Plot the indicator and visit the 1D, 24H, or 1440 minutes timeframe.
█ NOTES
Gaps
The indicator includes the volatility from gaps.
Calculation
The statistics are not reported from absolute prices (does not favor trending markets) nor percentage prices (does not depict the different periods of volatility that markets can go through). Instead, the script uses the prices relative to the average range of previous weeks (weekly ATR).
Trading session
The indicator analyses weekdays from the daily chart, defined by the exchange trading session (see Symbol Info).
Extended trading session
The indicator can include the extended hours when activated on the chart, using the 24H or 1440 minutes timeframe.
Overnight session
The indicator supports overnight sessions (open and close on different calendar days). For example, EURUSD will report Monday’s volatility from Sunday open at 17:00 to Monday close at 17:00.
This is a PREMIUM indicator. In complement, you might find useful my free Time of Day - Volatility Report .
Weekly Opening GAPThis indicator will plot the weekly opening gap on the chart. The gap will be carried forward until it is closed or the max line count is reached. Additionally the 1/4 levels inside the gap are plotted on the chart as weekly gaps can be large.
The weekly opening gap levels can act as targets and rejection points.
Optionally the script can also carry forward the top and bottom lines of the weekly opening gap for up to the 10 prior gaps. These lines are not removed when the gap is closed.
Time of Day - Volatility Report█ OVERVIEW
The indicator analyses the volatility and reports statistics by the time of day.
█ CONCEPTS
Around the world and at various times, different market participants get involved in the markets. How does this affect the market?
Knowing this gets you better prepared and improves your trading. Here are some ideas to explore:
When is the market busy and quiet?
What time is it the most volatile?
Which pairs in your watchlist are moving while you are actively trading?
Should you adjust your trading time? Should you change your trading pairs?
When does your strategy perform the best?
What entry times do your winners have in common? What about the exit times of your losers?
Is it worth keeping your trade open overnight?
Bitcoin (UTC+0)
Gold (UTC+0)
Tesla, Inc. (UTC+0)
█ FEATURES
Selectable time zones
Display the statistics in your geographical time zone (or other market participants), the exchange time zone, or UTC+0.
Configurable outputs
Output the report statistics as mean or median.
█ HOW TO USE
Plot the indicator and visit the 1H timeframe.
█ NOTES
Gaps
The indicator includes the volatility from gaps.
Calculation
The statistics are not reported from absolute prices (does not favor trending markets) nor percentage prices (does not depict the different periods of volatility that markets can go through). Instead, the script uses the prices relative to the average range of previous days (daily ATR).
Extended trading session
The script analyses extended hours when activated on the chart.
Daylight Saving Time (DST)
The exchange time or geographical time zone selected may observe Daylight Saving Time. For example, NASDAQ:TSLA always opens at 9:30 AM New York time but may see different opening times in another part of the globe (New York time corresponds to UTC-4 and UTC-5 during the year).
Liquidity Hunter - FattyTradesThis indicator is used to automatically identify and plot two forms of liquidity that will be targeted by market makers.
The first form of liquidity is based on multi-time fame highs and lows. It plots 1H, 4H, D, W, & M liquidity on an intraday chart to make it easier to identify. I believe hat liquidity is what drives the market and the most common form of this liquidity can be identified through higher time frame highs and lows. You can use whatever method you prefer to determine which liquidity pool will be targeted. When the liquidity is purged, it will be shown as dotted lines. This should not be used as traditional support/resistance, but rather as targets for the market.
The second form of liquidity is in the form of imbalances or fair value gaps. You can select a higher time frame to be plotted along with the current time frame you're viewing to identify imbalances that will likely be targeted intraday. We know that higher time frame fair value gaps work equally well as targets for market makers. When a higher time frame FVG is broken into, it can also act as a very powerful form of support and resistance. By default, when a fair value gap has been mitigated it will be removed from the chart, however this can be disabled.
Between these two forms of market maker liquidity targets on the chart, it will be easier to formulate a thesis intraday to determine where the market will move. It can help minimize the amount of switching between higher time frames that needs to be done, allowing you to identify targets while trading on your favorite intraday time frame for optimal risk/reward.
In the near future, I will build in alerting mechanism to alert when liquidity on higher time frames as been purged/mitigated.
True Accumulation/Distribution (TG fork)An accumulation/distribution indicator that works better against gaps and with trend coloring.
Accumulation/Distribution was developed by Marc Chaikin to provide insight into strength of a trend by measuring flow of buy and sell volume .
The fact that A/D only factors current period's range for calculating the volume multiplier causes problem with price gaps. They are ignored or even misinterpreted.
True Accumulation/Distribution solves the problem by using True Range instead of only relying on current period's high and low.
Most of the time, True A/D reverts to producing the same values as the original A/D. The difference between True A/D and original A/D can be better seen when a gap has occurred, True A/D has handles it better than Accumulation/Distribution which a bearish close in period's range cause it to misinterpret the strong buy pressure as sell volume
The Moving Average Cloud is simply the filling between the moving average and the True A/D. This feature was inspired by D7R ACC/DIST closed-source indicator, kudos to D7R for making such neat visual indicators (but unfortunately all closed source!).
This indicator was made to extend the original work by adding MTF support and a moving average cloud and coloring.
If you like this indicator, please show the original author RezzaHmt some love:
JMF MTF historical Vwap map and static levels. What is a vwap map?
This is a Multi time frame Historical vwap heatmap. The study plots lines and maps out historical vwap zones based on closing vwap value of the time frame selected and the time frames high range. Show casing high volume concentration areas and low volume area's from each time frame chosen on chart.
Static Vwap Lines can be turned off in settings, as well as the map, you can use each individually or paired together for a more complete overview of the levels. You can also refine the search by using the "Gap %" input. This will filter out and search for average price's that have gapped up or down "X" percent from the previous days average price. Leaving you with Static vwaps and map zones from the most important "Gap Day's". This helps clean up the over all visual, but be careful choosing a higher gap percentage, that you don't lose too much granularity the map offers.
What will a "Static vwap and Map look like"
The look will vary greatly depending on where the stock is in its historical range. If the name is in a consolidation range with a lot of recent average prices directly above and below, you will have a heavy, crowded, Darker/intense heat signature from the map, You will also see levels in map mode over lapping and lines bundled together. These high traffic area's can act as great support or resistance since they are showing a congregation of historical average prices where participants have previously interacted. On the contrary, if you see "open air" in the map, or large areas of blank chart where no heat signature is mapping, this is an area of LOW volume and average prices. Current price will or can move quickly through these areas IF price accepts inside the open air range. If price does NOT accept inside the open air range, Then the blank low volume zone can and will act as support or resistance given the situation.
Capture the gaps.
I look to capture these "Gaps" created by the map and static levels both long or short. I have noticed over time that the higher time frame maps zones are WELL respected intraday, Daily, Weekly, Monthly etc. I look for areas where we are clearing a high volume zone, we break above, hold and accept into open air, and start to move through the open air zones up or down.
I also use the more granular smaller levels as support and resistance intraday while in plays.
Time frames and settings .
User has 3 inputs for seperate time frames to show. You can show a combo of all 3 timeframes, or you can show only a single time frame of your choosing, or two. Mix and match with the string input time frames.
Acceptable inputs are - 5,10,15,30,60,90,240,D,W,M,2D,4W,3M and so on. Any combination of string input timeframe should work, that means numbers (5,10,15,etc) or letters (D,W,M,etc) or combination of the two.
Look and feel
Each time frame has its own color input, transparency input, line style input, and line weight input. User can customize any of the lines or maps to their liking with a wide variety of styles, widths, and colors.
Any or all of the time frames can be enabled or disabled as well, to make the map as busy, or as calm as you would like.
Enjoy !
In the end I encourage any who tries the Heatmap to really sit down and spend some time playing around with the settings in order to find out how they like the map set up. I usually run the default settings on a intraday 5min chart, and then another instance of the study on a 15min chart with W,M,3M. plotted. That way I can see granular intraday levels, and macro long term levels in the same view. See what fit's you the best, and how you like to trade. Most of all ENJOY!
Good luck -
JMF.
IMPORTANT INFO -
As always, the creator of this code is NOT a licensed investment advisor. No output of this tool is to be taken as investment advice or a recommendation to buy or sell any security.
Trading is risky, any one using this tool acknowledges they CAN LOSE some if not all of their initial investment even with this tool enabled.
User assumes ALL RESPONSIBILITY when using this tool in their technical analysis .
Elder Force Index With ATR ChannelsInspired by the new version of the "Force Index" announced by Dr. Alexander Elder a few years ago - "Elder Force Index With ATR Channels".
Unfortunately original version of script only works on MetaTrader platforms, so this is an attempt to
implement this great idea on TradingView too.
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Here is original script explanation by Dr. Elder himself
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Adding Average True Range (ATR) channels to Force Index had been suggested by Kerry Lovvorn.
Adding these channels turns Force Index into an excellent tool for identifying intermediate tops and bottoms.
Force Index with ATR channels does not catch all turns, but the ones it identifies deserve very serious attention.
Note: the word “true” in Average True Range refers to dealing with price gaps. Since there are no gaps in Force Index, here ATR is the same as the Average Range.
Whenever the Force Index rises above or falls below its 3-ATR channel, it signals that the ticker has reached an area of an unsustainable extreme.
That’s where rallies and declines become exhausted and prices tend to reverse. This is one of very few tools that are equally efficient in calling both top and bottom areas.
In our experience, these signals work especially well on the weekly charts.
Of course, users are welcome to experiment with them in any timeframe.
One possible option is to use the new Force Index with ATR Channels on your weekly charts and the original Force Index on your daily chart.
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- The Force Index is drawn in blue with a thick line.
- The Averaged Force is a solid red line.
- The upper and lower bands at 1 ATR are drawn in dotted lines.
- The upper and lower bands at 2 ATR use dashed lines.
- The upper and lower bands at 3 ATR are solid gray lines.
- Red dots placed above the plot when the EMA of Force Index rises above the 3-ATR channel.
- Green dots placed underneath the plot when that EMA declines below the 3-ATR channel.
***** Original script programmed to truncate values at the 4-ATR level to prevent any extreme value from flattening the rest of the plot -
- I'm not yet implemented this feature here - hopefully coming soon.
TeoTrading 27 - GAP DetectorThis Indicator Detects different Types of GAPs.
You can configure:
PercentThreshold: minimum percent value to consider in the GAP detection.
Date from.
Date To.
Ignore End Date.
Over the last candle, prints the values of the different type of GAPs found.
My Closed Gap [-W-]Eng.
Updated version of the my Closed Gap indicator.
Starts drawing a horizontal line - the level of opening the gap, when the gap appears and finishes drawing the line when the gap closes.
You can set the minimum gap value at which the line will be drawn.
To do this, first select the appropriate operating mode, and then enter the required value in the corresponding field.
There are also other interesting modes of operation, the default is - without micro gaps.
The length is the number of candles, starting from the current one, in which gaps will be searched. The maximum value is 4990.
Rus .
Обновлённая версия индикатора My Closed Gap.
Начинает рисовать горизонтальную линию - уровень открытия гэпа, когда гэп появляется и заканчивает рисовать линию, когда гэп закрывается.
Можно задать минимальную величину гэпа при которой будет нарисована линия.
Для этого сначала нужно выбрать соответствующий режим работы, а затем ввести в соответствующее поле необходимое значение.
Так же имеются другие интересные режимы работы, по умолчанию стоит - без микро гэпов.
Длина - это количество свечей, начиная с текущей, в которых будут искаться гэпы. Максимальное значение - 4990.
OHLC Volatility Estimators by @Xel_arjonaDISCLAIMER:
The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
The embedded code and ideas within this work are FREELY AND PUBLICLY available on the Web for NON LUCRATIVE ACTIVITIES and must remain as is by Creative-Commons as TradingView's regulations. Any use, copy or re-use of this code should mention it's origin as it's authorship.
WARNING NOTICE!
THE INCLUDED FUNCTION MUST BE CONSIDERED AS DEBUGING CODE The models included in the function have been taken from openly sources on the web so they could have some errors as in the calculation scheme and/or in it's programatic scheme. Debugging are welcome.
WHAT'S THIS?
Here's a full collection of candle based (compressed tick) Volatility Estimators given as a function, openly available for free, it can print IMPLIED VOLATILITY by an external symbol ticker like INDEX:VIX.
Models included in the volatility calculation function:
CLOSE TO CLOSE: This is the classic estimator by rule, sometimes referred as HISTORICAL VOLATILITY and is the must common, accepted and widely used out there. Is based on traditional Standard Deviation method derived from the logarithm return of current close from yesterday's.
ELASTIC WEIGHTED MOVING AVERAGE: This estimator has been used by RiskMetriks®. It's calculation is based on an ElasticWeightedMovingAverage Standard Deviation method derived from the logarithm return of current close from yesterday's. It can be viewed or named as an EXPONENTIAL HISTORICAL VOLATILITY model.
PARKINSON'S: The Parkinson number, or High Low Range Volatility, developed by the physicist, Michael Parkinson, in 1980 aims to estimate the Volatility of returns for a random walk using the high and low in any particular period. IVolatility.com calculates daily Parkinson values. Prices are observed on a fixed time interval. n=10, 20, 30, 60, 90, 120, 150, 180 days.
ROGERS-SATCHELL: The Rogers-Satchell function is a volatility estimator that outperforms other estimators when the underlying follows a Geometric Brownian Motion (GBM) with a drift (historical data mean returns different from zero). As a result, it provides a better volatility estimation when the underlying is trending. However, this Rogers-Satchell estimator does not account for jumps in price (Gaps). It assumes no opening jump. The function uses the open, close, high, and low price series in its calculation and it has only one parameter, which is the period to use to estimate the volatility.
YANG-ZHANG: Yang and Zhang were the first to derive an historical volatility estimator that has a minimum estimation error, is independent of the drift, and independent of opening gaps. This estimator is maximally 14 times more efficient than the close-to-close estimator.
LOGARITHMIC GARMAN-KLASS: The former is a pinescript transcript of the model defined as in iVolatility . The metric used is a combination of the overnight, high/low and open/close range. Such a volatility metric is a more efficient measure of the degree of volatility during a given day. This metric is always positive.
Fractal Resonance ComponentLazyBear's WaveTrend port has been praised for highlighting trend reversals with precision and punctuality (minimal lag). But strong "3rd Wave" trends can "embed" or saturate any oscillator flashing several premature crosses while stuck overbought/oversold. This happens when the trend stretches over a longer timescale than the oscillator's averaging window or filter time constant. Our solution: simultaneously monitor many oscillator timescales. Watch for fresh crossovers in "dominant" timescales alternating most smoothly between the overbought (red shade) and oversold (green shade) range.
Fractal Resonance Component facilitates simultaneous viewing of eight timescales that are power of 2 multiples of the chart timescale. Each timescale shows lead line, lag line, lead-lag difference, and crossover marks. Add 4 to 8 copies to your chart for a good multi-fractal read. Format * the "Timescale Multiplier" attribute of each row to be twice that of the row above for a sequence like 1, 2, 4, 8, 16, 32, 64, 128...
Fractal Resonance Component shifts its timescales along with your choice of main chart timescale:
1 minute chart: 1 minute through 128 minute (~2 hour) oscillators.
1 hour chart: 1 hour through 128 hour (~2 week) oscillators.
Daily chart: 1 day through 128 day (~4 month) oscillators.
Crossovers in different oscillator ranges tend to have different meanings:
Minor (< 75%) crossovers: small green/red dot
usually noise
Overbought/Sold crossovers (shaded 75 to 100%): black outlined dot (o)
reliable reversal indicators (when they appear alone)
Extreme Overbought (> 100%) crossovers: black outlined plus (+).
Can be a major reversal in fast markets, but usually portend the end of Elliot 3rd waves with just a small corrective (4th wave) retrace before the larger impulsive (5-wave) sequence resumes in original direction.
The final 5th-wave terminus should appear later as a lone non-extreme (black outlined circle) crossover on a slower timescale coincident with weaker (non-extreme) dot crosses on this timescale.
Careful examination of historical charts leads to many useful observations such as:
Dominant crossovers punctuating true reversals are usually in the green/red shaded ranges with black outlined dots (o) rather than minor or Extreme (+) ranges.
Due to market's fractal nature, two well-separated timescales like 1 minute and 1 hour can show dominant crosses simultaneously in opposite directions, e.g. the 1 minute showing a very short term high and the 1 hour a medium term low nearby.
Staying Nimble
Watch out for embedding on your supposedly dominant timescale -- a second cross while stuck in the overbought/oversold region suggests a stronger, longer trend than expected. Drop your eyes to a slower timescale below for the real dominant whose crossover will validate main trend reversal.
Embedding can often be predicted even at the first cross mark by checking whether the green lead line of the next slower timescale (one row below) has already hit the Overbought or especially the Extreme Overbought range but isn't close to rolling over. Fractal Resonance Bar (to be published) uses this principle to mark embedded timescales with white stripes, warning of a powerful trend wave on longer timescales you shouldn't fight until the white stripes subside.
Overnight gaps surge all timescales in ways that obscure the dominant timescale, so for shorter than daily charts, these methods work best on Futures contracts that only suffer weekend gaps.
MTF Bollinger Bands (2SD & 3SD)
개요
1분봉이나 5분봉 등 하위 타임프레임에서 스캘핑을 할 때, 차트를 변경하지 않고 상위 타임프레임(기본 4시간)의 볼린저 밴드 위치를 확인하기 위해 제작했습니다.
주요 기능
MTF (Multi-Timeframe): 현재 보고 있는 차트와 상관없이 설정한 타임프레임의 볼린저 밴드를 표시합니다. (기본값: 4시간)
듀얼 밴드 시각화 (Dual Zone): 표준편차 2(2SD)와 표준편차 3(3SD)을 동시에 계산합니다.
2SD 영역: 2SD와 3SD의 배경색이 겹치도록 설계하여, 중심부(2SD)가 시각적으로 더 진하게 보입니다. 이는 주요 지지/저항 구간을 직관적으로 보여줍니다.
3SD 영역: 외곽은 연하게 표시되어 과매수/과매도 구간을 식별하기 좋습니다.
끊김 없는 라인: gaps_off 처리를 통해 타임프레임 변경 시 선이 끊기지 않고 부드럽게 연결됩니다.
설정 가이드
Timeframe: 기준이 될 상위 시간대를 선택하세요. (기본: 240분/4시간)
Multiplier: 표준편차 배수를 변경할 수 있습니다. (기본: 2.0 / 3.0)
Transparency: 배경 투명도를 조절해 밴드의 진하기를 변경하세요.
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Overview
Designed for traders who need to monitor Higher Timeframe (HTF) volatility while scalping on Lower Timeframes (LTF). This indicator overlays HTF Bollinger Bands on your current chart without the need to switch tabs.
Key Features
MTF Capability: Displays Bollinger Bands from any user-defined timeframe. (Default: 4 Hours).
Dual Zone Visualization: Plots both 2 Standard Deviations (2SD) and 3 Standard Deviations (3SD).
Visual Depth: The script utilizes an overlapping fill method. The inner 2SD band appears darker as it layers on top of the 3SD background, clearly highlighting the primary support/resistance zone.
Extreme Zones: The outer 3SD band remains lighter, indicating extreme overbought/oversold conditions.
Seamless Plotting: Uses gaps_off to ensure lines remain continuous across different timeframes.
Settings
Timeframe: Select the target HTF. (Default: 240 / 4H)
Multiplier: Adjust the standard deviation multipliers. (Default: 2.0 & 3.0)
Style: Customize colors and transparency to fit your chart theme.
ARO Pro — Adaptive Regime OscillatorARO Pro — Adaptive Regime Oscillator (v6)
ARO Pro turns your chart into a context-aware decision system. It classifies every bar as Trending (up or down) or Ranging in real time, then switches its math to match the regime: trend strength is measured with an ATR-normalized EMA spread, while range behavior is tracked with a center-based RSI oscillator. The result is cleaner entries, fewer false signals, and faster reads on regime shifts—without repainting.
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How it works (under the hood)
1. Regime Detection (Kaufman ER):
ARO computes Kaufman’s Efficiency Ratio (ER) over a user-defined length.
- ER > threshold → Trending (direction from EMA fast vs. EMA slow)
- ER ≤ threshold → Ranging
2. Adaptive Oscillator Core:
- Trend mode: (EMA(fast) − EMA(slow)) / ATR * 100 → momentum normalized by volatility.
- Range mode: RSI(length) − 50 → mean-reversion pressure around zero.
3. Volatility Filter (optional):
Blocks signals if ATR as % of price is below a floor you set. This reduces noise in thin or quiet markets.
4. MTF Trend Filter (optional & non-repainting):
Confirms signals only if a higher timeframe EMA(fast) > EMA(slow) for longs (or < for shorts). Implemented with lookahead_off and gaps_on.
5. Confirmation & Alerts:
Signals are locked only on bar close (barstate.isconfirmed) and offered via three alert types: ARO Long, ARO Short, ARO Regime Shift.
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What you see on the chart
• Background heat:
• Green = Trending Up, Red = Trending Down, Gray = Range.
• ARO line (panel): Adaptive oscillator (trend/value colors).
• Signal markers: ▲ Long / ▼ Short on confirmed bars.
• Guide lines: Upper/Lower thresholds (±K) and zero line.
• Info Panel (table): Regime, ER, ATR %, ARO, HTF status (OK/BLOCK/OFF), and a Confidence light.
• Debug Overlay (optional): Quick view of thresholds and raw conditions for tuning.
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Inputs (quick reference)
• Signals: Fast/Slow EMA, RSI length, ER length & threshold, oscillator smoothing, signal threshold.
• Filters: ATR length, minimum ATR% (volatility floor), toggle for volatility filter.
• Visuals: Background on/off, Info Panel on/off, Debug overlay on/off.
• MTF (safe): Toggle + HTF timeframe (e.g., 240, D, W).
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Interpreting signals
• Long: Trend regime AND fast EMA > slow EMA AND ARO ≥ +threshold (confirmed bar, filters passing).
• Short: Trend regime AND fast EMA < slow EMA AND ARO ≤ −threshold (confirmed bar, filters passing).
• Regime Shift: Alert when ER moves the market from Range → Trend or flips trend direction.
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Practical use cases & examples
1) Intraday momentum alignment (scalps to day trades)
• Timeframes: 5–15m with HTF filter = 4H.
• Flow:
1. Wait for Trend Up background + HTF OK.
2. Enter on ▲ Long when ARO crosses above +threshold.
3. Stops: 1–1.5× ATR(14) below trigger bar or below last micro swing.
4. Exits: Partial at 1× ATR, trail remainder with an ATR stop or when ARO reverts to zero/Regime Shift.
• Why it works: You’re trading with the dominant higher-timeframe structure while avoiding low-volatility fakeouts.
2) Swing trend following (cleaner trend legs)
• Timeframes: 1H–4H with HTF filter = 1D.
• Flow:
1. Only act in Trend background aligned with HTF.
2. Add on subsequent ▲ signals as ARO maintains positive (or negative) territory.
3. Reduce or exit on Regime Shift (Trend → Range or direction flip) or when ARO crosses back through zero.
• Stops/targets: Initial 1.5–2× ATR; move to breakeven once the trade gains 1× ATR; trail with a multiple-ATR or structure lows/highs.
3) Range tactics (fade the extremes)
• Timeframes: 15m–1H or 1D on mean-reverting names.
• Flow:
1. Act only when background = Range.
2. Fade moves when ARO swings from ±extremes back toward zero near well-defined S/R.
3. Exit at the opposite band or zero line; abort if a Regime Shift to Trend occurs.
• Tip: Increase ER threshold (e.g., 0.35–0.40) to label more bars as Range on choppy instruments.
4) Event days & macro filters
• Approach: Raise the volatility floor (Min ATR%) on macro days (FOMC, CPI).
• Effect: You’ll ignore “fake” micro swings in the minutes leading up to releases and catch only post-event confirmed momentum.
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Parameter tuning guide
• ER Threshold:
• Lower (0.20–0.30) = more Trend bars, more signals, higher noise.
• Higher (0.35–0.45) = stricter trend confirmation, fewer but cleaner signals.
• Signal Threshold (±K):
• Raise to reduce whipsaws; lower for earlier but noisier triggers.
• Volatility Floor (ATR%):
• Thin/quiet assets benefit from a higher floor (e.g., 0.3–0.6).
• Highly liquid futures/forex can work with lower floors.
• HTF Filter:
• Keep it ON when you want higher win consistency; turn OFF for tactical counter-trend plays.
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Alerts (recommended setup)
• “ARO Long” / “ARO Short”: Entry-style alerts on confirmed signals.
• “ARO Regime Shift”: Context alert to scale in/out or switch playbooks (trend vs. range).
All alerts are non-repainting and fire only when the bar closes.
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Best practices & combinations
• Price action & S/R: Use ARO to define when to engage, and price structure to define where (breakout levels, pullback zones).
• VWAP/Session tools: In intraday trends, ▲ signals above VWAP tend to carry; avoid shorts below session VWAP in strong downtrends.
• Risk first: Size by ATR; never let a single ARO event override your max risk per trade.
• Portfolio filter: On indices/ETFs, enable HTF filter and a stricter ER threshold to ride regime legs.
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Non-repaint and implementation notes
• The script does not repaint:
• Signals are computed and locked on bar close (barstate.isconfirmed).
• All higher-timeframe data uses request.security(..., lookahead_off, gaps_on).
• No future indexing or negative offsets are used.
• The Info Panel and Debug overlay are purely visual aids and do not change signal logic.
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Limitations & tips
• Chop sensitivity: In hyper-choppy symbols, consider raising ER threshold and the signal threshold, and enable HTF filter.
• Instrument personality: EMAs/RSI lengths and volatility floor often need a quick 2–3 minute tune per asset class (FX vs. crypto vs. equities).
• No guarantees: ARO improves context and timing, but it is not a promise of profitability—always combine with risk management.
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Quick start (TL;DR)
1. Timeframes: 5–15m intraday (HTF = 4H); 1H–4H swing (HTF = 1D).
2. Use defaults, then tune ER threshold (0.25–0.40) and Signal threshold (±20).
3. Enable Volatility Floor (e.g., 0.2–0.5 ATR%) on quiet assets.
4. Trade ▲ / ▼ only in matching Trend background; fade extremes only in Range background.
5. Set alerts for Long, Short, and Regime Shift; manage risk with ATR stops.
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Author’s note: ARO Pro is designed to be clear, adaptive, and operational out of the box. If you publish variants (e.g., different ER logic, alternative trend cores), please credit the original and document any changes so users can compare behavior reliably.
