V1PRO Harmonic ScannerENGLISH (read first)
V1PRO Harmonic Scanner is an invite-only indicator that scans price action for harmonic XABCD structures across multiple sensitivity levels and visualizes potential reversal zones (PRZ) directly on the chart. It is built for discretionary traders who want a clean, configurable workflow plus structured alert output.
Core features
• Multi-scanner engine: up to 10 independent scanners with adjustable pivot level/depth and per-scanner tolerance factor.
• Harmonic pattern families supported (toggle each): Gartley, Bat, Butterfly, Crab, Deep Crab, Alternate Bat, Shark, Cypher.
• Quality scoring & filtering: xScore-based ranking to prioritize higher-quality candidates and reduce chart noise (with advanced scoring options).
• PRZ engine: selectable PRZ calculation modes, wick/close hit logic, optional freeze after hit, and configurable PRZ visibility (fill/lines).
• Visual control: global slot colors, line widths, label sizing, tag offsets, optional xScore color effect on pattern visuals, and transparency controls.
• Alerts (non-spam): “Detected” and “PRZ Hit” events, global + per-scanner inclusion, optional “Max N per bar” limiter, and output as Text or JSON (template-based).
How it works (high-level)
The script builds candidates from confirmed pivot structure, validates harmonic relationships within user-defined tolerances, derives a PRZ area, and then manages the on-chart visualization and alert output. Signals appear after pivots are confirmed (this can introduce natural delay versus real-time price).
Quick start
1) Add the script and begin with defaults.
2) Use the global History / maxPattern / xScore filter to control chart density and performance.
3) Choose your PRZ mode and hit trigger (Wick vs Close).
4) Enable/disable scanners or adjust their pivot level/depth to match your preferred sensitivity.
5) Fine-tune pattern toggles and tolerances if needed.
Alert setup
Create a TradingView alert on this indicator and select “Any alert() function call”. The script emits consolidated alerts once per bar close and can output either human-readable text or structured JSON for automation.
Notes & limitations
• This is a pattern/zone visualization and alerting tool — not financial advice and not a guarantee of results.
• Pivot confirmation can delay when patterns appear; reduce history/scanners if you need lighter performance.
• Debug/backtest tools (if enabled) are research aids and use simplified assumptions.
之字转向指标(Zig Zag)
Trend ZigZag by LANZ🔷 Trend ZigZag by LANZ - is an overlay indicator designed to read market structure through four main modules:
ZigZag legs (visual swing-to-swing path)
Market Structure Ranges (two horizontal “active range” lines built from confirmed pivots, locked until a close breaks them)
MTF Panel (shows “Before / Now / Date” structure states across up to 4 timeframes)
Maker + Fibonacci Swing-to-Swing module (detects the farthest internal swing inside the active range and anchors Fib levels with an optional “discount lock” logic)
It is not a strategy (no orders). Everything is visual + state tracking.
ZigZag module (📉📈 ZigZag)
Goal: Detect swing points and draw legs between them.
Key inputs
Show ZigZag: Turns the ZigZag legs ON/OFF.
TimeFrame (tf): Timeframe used to build the ZigZag.
If empty → uses chart timeframe.
If set → pivots are built on that resolution and projected on your chart.
Swing High / Low (prd): Sensitivity (min 2).
Higher = fewer swings (more smoothing).
Lower = more swings (more detail).
Colors / Width / Style: Visual styling of ZigZag legs.
How it works (important behavior)
The script computes pivot candidates using a dynamic window (len) and:
Swing High when the current bar is the highest in that window.
Swing Low when the current bar is the lowest in that window.
The last pivot can be updated (moved) if price makes a more extreme high/low before a direction flip is confirmed.
✅ This is normal for ZigZag logic.
⚠️ It means the most recent swing can “shift” until confirmed.
What you see on chart
When ON: legs connect the latest swing points.
When OFF: it still draws a dotted last leg (your code intentionally keeps a dotted reference).
Structure module 📉📈
Goal: To define a current active price range and determine whether price movement represents trend continuation or trend reversal.
Key inputs
Enable or disable structure lines.
Show live labels at the right edge of the range.
Control line appearance and how much historical structure remains visible.
How the active range is created:
A new structure range is created only when:
A swing is confirmed and price changes direction.
There is sufficient swing history to define a meaningful range.
Once created:
Two horizontal levels appear:
Upper boundary (range high)
Lower boundary (range low)
This range becomes active and locked, extending forward in time.
The range remains unchanged until price closes outside one of its boundaries.
How breaks are confirmed:
Only the candle close is considered.
Wicks touching or crossing the level are ignored.
BOS vs ChoCh logic:
Breaks are classified based on the direction of the previous confirmed break:
Upward break:
Previous break was upward (or none) → BOS (trend continuation)
Previous break was downward → ChoCh (trend change)
Downward break:
Previous break was downward (or none) → BOS
Previous break was upward → ChoCh
What happens visually on a break:
The boundary that price breaks through is kept and recolored.
The opposite boundary is removed.
A label appears (if enabled):
BOS labels are centered within the range.
ChoCh labels appear near the start of the range.
Live edge labels are removed to avoid clutter.
The range is released and the system waits for the next structure to form.
Right Tag behavior:
While a range is active:
Each boundary shows a live label indicating what type of event a break would currently produce:
“BOS” if it would continue the trend.
“ChoCh” if it would reverse the trend.
MTF Panel (⏱️ MTF Panel)
Goal: To provide a multi-timeframe overview of market structure without drawing structure lines on those timeframes.
Panel fields
TF: Timeframe represented:
Before: The previous confirmed structural event.
Now: The current state.
Date: When the current state last changed.
Behavior when no range is active:
Last Event mode: keeps showing the last confirmed BOS or ChoCh.
Waiting mode: displays “Waiting” until a new event appears.
State logic (conceptual):
For each timeframe, the panel evaluates:
Whether price is currently inside an active range.
Whether price has recently confirmed a structural break.
Displayed states include:
“Range Bullish”
“Range Bearish”
“Waiting”
The last confirmed BOS or ChoCh
What to expect:
The panel is designed as contextual guidance, not a perfect visual replica of the main chart.
Its purpose is to quickly align or contrast structure across timeframes.
Maker module (🏷️ Maker)
Goal: To identify the most meaningful internal swing that forms inside an active structure range.
Rules applied
Swings that define the range boundaries are excluded.
Only confirmed swings inside the range are considered.
At least two internal swings must exist for a Maker to be valid.
Behavior on structure break:
If price breaks upward:
The most extreme internal low is stored.
If price breaks downward:
The most extreme internal high is stored.
What you see
If enabled, a “Maker” label appears at the selected internal swing.
These labels are limited to a fixed historical amount to keep the chart clean.
Fibonacci Swing-to-Swing (🧬 Fibonacci) + Discount Lock
Goal: To project contextual Fibonacci levels within an active structure range.
Core concepts
0.0 level:
Represents the side of the structure where the break occurred.
Can dynamically extend with price if discount lock is enabled.
1.0 level:
Anchored either to:
The structure’s change-of-character side, or
The Maker from the previous completed range.
If no previous Maker exists, the system automatically falls back to the structure anchor.
Discount Lock behavior:
When enabled:
The 0.0 level follows new price extremes.
Once price reaches the discount area, the level becomes fixed.
When disabled:
The 0.0 level remains fixed from the start.
Discount trigger types
Wick-based: activates as soon as price touches the level.
Close-based: requires a candle close beyond the level.
Extra Discount levels
Up to four additional Fibonacci levels can be displayed.
These are visual references only and do not affect structure logic.
Limitations and expectations
Swings are dynamic until confirmed; the most recent swing may adjust.
Structural breaks are confirmed only by candle close.
The indicator uses multiple visual elements, but historical objects are capped to maintain performance.
Multi-timeframe states are simplified representations intended for orientation, not exact replication.
Auto Fibonacci Lines Depending on ZigZag %In the world of technical analysis, few tools are as powerful—or as misused—as Fibonacci Retracements. The Auto Fibonacci Lines Depending on ZigZag % is not just an indicator; it is a complete, automated trading system designed to eliminate subjectivity and bring institutional-grade precision to your charts.
This script automates the identification of significant market structures using a ZigZag algorithm. Once a market swing is mathematically confirmed (based on your deviation settings), it instantly projects a complete suite of Retracement and Extension levels. This allows you to stop guessing where to draw your lines and start focusing on price action.
🧠 The Logic Behind the Indicator
Understanding how your tools work is the first step to trusting them. This script operates on a three-step logic loop:
ZigZag Identification:
The script continuously monitors price action relative to the last known pivot point. It uses a user-defined Deviation % to filter out market noise. A new "Leg" is only confirmed when price reverses by this specific percentage. This ensures that the Fibonacci lines are only drawn on significant market moves, not random chop.
Automated Anchor Points:
Once a downward trend is confirmed (e.g., price drops 30% from the top), the script automatically anchors the Fibonacci tool to the Swing High (Start) and the Swing Low (End). It does this without you needing to click or drag anything.
Dynamic Cleanup:
Markets evolve. A key feature of this script is its self-cleaning mechanism. As soon as a new trend leg is confirmed, the script automatically deletes the old, invalidated Fibonacci lines and draws a fresh set for the new structure. This keeps your chart clean and focused on the now.
🎓 How to Trade This System
This indicator is color-coded to simplify your decision-making process. It moves beyond standard "rainbow" charts by categorizing price levels into three distinct actionable zones.
1. The "Reload Zone" (White Lines: 0.618 - 0.786) ⚪
Role: High-Probability Support / Entry
In institutional trading, the 0.618 (Golden Ratio) to 0.786 region is often where algorithms step in to defend a trend.
Why it works : This is the "discount" area where smart money re-accumulates positions before the next leg up.
2. The "Decision Wall" (Blue Lines: 1.382 - 1.5) 🔵
Role: Strong Resistance / Trend Check
This is a unique feature of this suite. The 1.382 and 1.5 levels often act as a "ceiling" for weak breakouts.
Strategy : If you entered in the White Zone, the Blue Zone is your first major hurdle. If price stalls here, consider securing partial profits.
Warning : A rejection from the Blue Lines often leads to a double-top formation. However, a clean break above the Blue Lines usually signals a parabolic move is beginning.
3. The "Extension Zone" (Yellow, Red, Purple > 1.618) 🟡🔴
Role : Take Profit / Exhaustion
Levels above 1.5 (starting with the 1.618 Golden Extension) are statistical extremes.
Strategy : These are Strict Take Profit levels. Do not FOMO (Fear Of Missing Out) into new long positions here. The probability of a reversal increases drastically as price climbs through these levels (2.618, 3.618, 4.618).
📐 The Mathematical Edge: Logarithmic vs. Linear
One of the most critical features of this script is the ability to toggle between Logarithmic and Linear calculations.
Why use Logarithmic?
If you are trading Crypto (Bitcoin, Altcoins) or high-growth Tech Stocks, linear Fibonacci levels are mathematically incorrect over large moves. A 50% drop from $100 is different than a 50% drop from $10.
This script calculates the percentage difference (Log Scale), ensuring your targets are accurate even during 100%+ parabolic runs.
Why use Linear?
For mature markets like Forex (EURUSD) or Indices (SPX500) where volatility is lower, Linear scaling is the industry standard.
🛠️ Configuration & Best Practices
Deviation % : This is the heartbeat of the indicator.
Swing Trading : Set to 20-30%. This filters out noise and only draws Fibs on major macro moves.
Scalping : Set to 3-5%. This will catch smaller intraday waves.
Text Place : Keeps your chart clean by pushing labels to the right, ensuring they don't overlap with the current price action.
👤 Who Is This Indicator For?
The Disciplined Trader : Who wants to remove emotional bias from their charting.
The Crypto Investor : Who needs accurate Logarithmic targets for long-term holding.
The Confluence Trader : Who combines these automated levels with Order Blocks, RSI, or Volume to find the perfect entry.
⚠️ RISK DISCLAIMER & TERMS OF USE
For Educational Purposes Only:
This script and the strategies described herein are provided strictly for educational and informational purposes. They do not constitute financial, investment, or trading advice. The "Auto Fibonacci Lines" indicator is a tool for technical analysis and should not be used as the sole basis for any trading decision.
No Guarantees:
Past performance of any trading system or methodology is not necessarily indicative of future results. Financial markets are inherently volatile, and trading involves a high level of risk. You could lose some or all of your capital.
User Responsibility:
By using this script, you acknowledge that you are solely responsible for your own trading decisions and risk management. The author assumes no liability for any losses or damages resulting from the use of this tool or the information provided. Always consult with a qualified financial advisor before making investment decisions.
SMC Market Structure + Price Zones [MaB]📊 SMC Market Structure + Price Zones
A precision market structure indicator that identifies valid swing points using a custom confirmation algorithm, combined with dynamic price zones for retracement analysis.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔬 HOW THE ALGORITHM WORKS
1️⃣ Swing Point Detection Logic
Unlike simple pivot-based indicators, this script uses a custom state machine that tracks price action in real-time:
- Candidate Detection: When price makes a new high, the algorithm waits for a candle to CLOSE below the low of that high candle. This "close below trigger" initiates a candidate state.
- Dual Confirmation System: A candidate becomes a validated swing point only when BOTH conditions are met:
- Time Filter: A minimum number of candles must pass (configurable, default: 5)
- Price Filter: Price must retrace by a minimum percentage of the previous leg's range (configurable, default: 10%)
- Dynamic Threshold Adjustment: When the current leg amplitude exceeds 2.5× the average of the last 20 legs, the algorithm automatically relaxes confirmation filters to avoid missing extended moves.
2️⃣ Trend State Machine
The indicator maintains an internal trend state (Uptrend/Downtrend) that determines how price action is interpreted:
- Uptrend Mode: Searches for Higher Highs (H1, H2, H3...) and Higher Lows (L1, L2, L3...). A confirmed High triggers monitoring for breakout above that level.
- Downtrend Mode: Searches for Lower Highs and Lower Lows. A confirmed Low triggers monitoring for breakdown below that level.
- Trend Inversion: When price closes beyond the opposite structure point by the Breakout Threshold %, the trend state flips and the search pattern reverses.
3️⃣ Price Zones (Retracement Levels)
Once a valid swing point is confirmed, the indicator automatically draws price zones between the protected level (current valid High/Low) and the previous swing point:
- Level 0 (0%): The protected swing level
- Level 0.3 (30%): First retracement level
- Level 0.5 (50%): Mid retracement level
- Level 0.7 (70%): Deep retracement level
- Level 1 (100%): Previous swing level
These levels provide visual reference points for analyzing price behavior during retracements.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚙️ PARAMETERS EXPLAINED
Market Structure
- Min Confirmation Candles (default: 5) — Bars required after candidate detection before validation
- Pullback Percentage (default: 10%) — Minimum retracement of leg range required for confirmation
- Breakout Threshold (default: 5%) — Distance beyond structure level for confirmed breakout
Price Zones
- Level Colors — Customize colors for boundary (0/1) and intermediate (0.3/0.5/0.7) levels
- Line Width — Thickness of zone lines
- Extend Right — How far zones project into the future
Display
- Show Market Structure Table — Displays current state: valid H/L values, breakout status, trend mode
- Dark Theme — Adapts colors for dark chart backgrounds
- Replay Mode — Optimizes for TradingView's replay feature
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🎨 VISUAL GUIDE
Structure Labels:
- H1, H2, H3... = Confirmed Higher Highs (uptrend)
- L1, L2, L3... = Confirmed Higher Lows (uptrend)
- Labels reset on trend inversion
Structure Lines:
- 🟢 Green = Uptrend leg (L→H movement)
- 🔴 Red = Downtrend leg (H→L movement)
- ⚪ Gray = Trend inversion point
Price Zone Lines:
- Horizontal lines at 0%, 30%, 50%, 70%, 100% retracement
- Updated dynamically as new swing points are confirmed
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
💡 PRACTICAL USAGE
1. Trend Visualization: The colored structure lines help visualize the current market direction — green legs indicate bullish structure, red legs indicate bearish structure.
2. Retracement Analysis: Price zones provide reference levels to observe how price behaves during pullbacks within a trend.
3. Breakout Monitoring: The "Br↑" and "Br↓" labels indicate when price has exceeded a structure level by the configured threshold.
4. Structure Overview: The table provides a quick summary of current valid highs/lows and trend state without needing to scan the entire chart.
⚠️ This indicator is designed as an analytical tool to help visualize market structure. It does not generate buy/sell signals.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔄 WHY THIS IS DIFFERENT
Most market structure indicators use simple pivot highs/lows with fixed lookback periods. This creates:
- False signals during consolidation
- Missed swings during strong trends
- No confirmation of actual breakouts
This indicator addresses these issues with:
✅ Dual confirmation (time + price) before validating any swing
✅ Dynamic threshold adjustment for extended moves
✅ Explicit breakout detection with configurable sensitivity
✅ Automatic price zones for retracement visualization
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚠️ NOTES
- Best results on 1H+ timeframes for cleaner structure
- Use Replay Mode when backtesting to prevent buffer errors
- Price zones update automatically when new swings are confirmed
- The table shows real-time structure state for quick reference
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚠️ DISCLAIMER
This indicator is for educational and analytical purposes only. It does not constitute financial advice or trading recommendations. Always conduct your own analysis and manage your risk appropriately.
ZigZag Volume Profile [Honestcowboy]The ZigZag Volume Profile Indicator is a combination of 2 very popular trading indicators, the volume profile and zigzag indicator. Instead of using predetermined sessions like traditional volume profile analysis. This indicator expands on zigzag indicators "legs" and draws a volume profile inside each zigzag leg.
What is a Volume Profile?
"Technical analysis tool showing trading volume at specific price levels, creating a horizontal histogram on the side of a chart to reveal areas of high buying/selling interest, unlike traditional volume bars showing volume over time. Key elements include the Point of Control (POC) for most traded price, the Value Area (VAH/VAL), identifying crucial support/resistance, and analyzing profile shapes (like D, B, P) to understand market balance and potential price targets, used by professionals to spot liquidity and market structure."
Key Differences
Does not have a value area but distinguishes each column in relation to the biggest column in percentage terms.
Does not take sessions into account instead using zigzag legs
🟦 CALCULATION
The zigzag volume profile first builds a standard zigzag indicator to find structure in the market. Using pivot points and a minimum % price move threshhold.
Then once it knows the zigzags it will use each leg as a time window to calculate a volume profile inside.
🔹Coloring each column:
The script will find the biggest column in the Profile and use that as a reference for all other columns. It will then decide for each column individually how big it is in % compared to the biggest column. It will use that percentage to decide which color to give it, top 20% will be red, top 40% purple, top 60% blue, top 80% green and all the rest yellow. The user is able to adjust these numbers for further customisation.
🟦 USAGE
The idea behind this indicator is, if you look at markets as different legs (moves) going in a zigzag pattern you might want to look deeper inside your previous moves and see where the actual liquidity/volume was during that move. The hypothesis here is you build trade ideas based on zigzags but then use the volume profiles.
Since volume and market structure are very well known concepts to discretionary traders I'm hoping this indicator might give some different perspective on this relation and help people create a trading approach based on it. Here's some quick cherry picked examples, just as a proof of concept:
🟦 SETTINGS
🔹ZIGZAG SETTINGS
Price Deviotion % : This is the minimum price move in % term from last pivot price needs to move to form a new pivot for the zigzag.
Pivot Legs (Left/Right): The amount of bars a high or a low needs to be higher/lower than to the left and right of the bar. 10 By default to create medium term zigzag
🔹Volume Profile
Profile Rows: The amount of rows in Y axis the zigzag is going to be sliced into to create the volume profile. Higher number is more detailed volume profile but also uses more box objects which is maxed at 500. 25 by default
Profiles to Display: The amount of volume profiles the indicator will draw back in time. Higher number means more history but also longer loading time. 20 by default
🔹Visual Settings
This part is pretty self explanatory and you have can manually select the colors used to create the volume profile. Refer back the the explanation about the "🔹coloring each column" section.
Adaptive ZigZag Context v1 (Stable)Adaptive ZigZag Context v1 (Stable) is a versatile swing structure indicator that adaptively detects pivot highs and lows while providing higher timeframe context. It helps traders visualize market structure, trend bias, and potential reversal points with stable signals.
Key Features:
Detects swing highs and lows adaptively using a configurable pivot leg length.
Draws ZigZag lines connecting confirmed pivots for clear market structure visualization.
Highlights higher timeframe trend bias using EMA and background color (green for bullish, red for bearish).
Usage:
Analyze market swings and identify potential reversal zones.
Combine with other indicators for trend confirmation.
Useful for multi-timeframe analysis with higher timeframe EMA context.
Important Notes:
This indicator does not provide performance guarantees.
Past behavior does not imply future results.
Traders are encouraged to use this tool alongside other analysis techniques and risk management strategies.
Reversal Detection with Dynamic Stops - Multi-EMA ZigzagReversal Detection with Dynamic Stops - Multi-EMA Zigzag System
Description
Overview
The Reversal Detection with Dynamic Stops indicator is a comprehensive technical analysis tool that combines multiple exponential moving averages (EMAs) with an adaptive zigzag algorithm to identify significant price reversals and trend changes. This indicator is designed for active traders who need precise entry and exit signals with clear visual feedback.
Key Features
Multi-EMA Trend Detection
Triple EMA system (9, 14, 21 periods) provides robust trend identification
Dynamic bar coloring (Green = Bullish, Red = Bearish, Purple = Neutral)
Automated signal generation based on EMA alignment and price position
Adaptive Zigzag Algorithm
Configurable reversal detection using percentage, absolute value, or ATR-based thresholds
Choice between high/low or EMA-smoothed price input
Eliminates market noise while capturing significant price swings
Visual Reversal Markers
Bright, easy-to-read labels showing exact reversal prices with comma formatting
Horizontal reference lines extending from pivot points
Customizable line extension length (default 6 bars)
Labels positioned precisely at pivot highs and lows
Supply and Demand Zones (Optional)
Automatic identification of key support and resistance levels
Visual zone highlighting with translucent boxes
Configurable number of zones to display
How It Works
The indicator employs a two-stage analysis system:
Trend Identification: Three EMAs work together to determine the current market trend. When the 9 EMA is above the 14 EMA, which is above the 21 EMA, and price is above the 9 EMA, a bullish signal is generated. The inverse creates a bearish signal.
Reversal Detection: The zigzag algorithm tracks price extremes and confirms a reversal when price moves against the trend by a threshold amount (configurable as percentage, absolute value, or ATR multiple). Once confirmed, the indicator marks the pivot point with a label and horizontal line.
Recommended Settings by Timeframe
Scalping (1-5 minute charts)
Percentage Reversal: 0.5% - 1.0%
ATR Reversal: 1.5 - 2.0
Line Extension: 4-6 bars
Day Trading (15-60 minute charts)
Percentage Reversal: 1.0% - 1.5%
ATR Reversal: 2.0 - 3.0
Line Extension: 6-10 bars
Swing Trading (4H-Daily charts)
Percentage Reversal: 1.5% - 3.0%
ATR Reversal: 2.5 - 4.0
Line Extension: 10-20 bars
Input Parameters
Zigzag Settings
Method: Choose between "high_low" (actual candle extremes) or "average" (EMA-smoothed)
Percentage Reversal: Minimum percentage move to confirm reversal (default 0.01 = 1%)
Absolute Reversal: Minimum point move to confirm reversal (default 0.05)
ATR Reversal: ATR multiplier for dynamic threshold (default 2.0)
ATR Length: Period for ATR calculation (default 5)
Average Length: EMA smoothing period when using "average" method (default 5)
Visual Settings
Line Extension Bars: Number of bars to extend horizontal lines forward (default 6)
Show Supply/Demand: Toggle and style for supply/demand zones
Show Supply Demand Cloud: Enable translucent zone highlighting
EMA Settings (Fixed)
Fast EMA: 9 periods
Medium EMA: 14 periods
Slow EMA: 21 periods
Trading Applications
Entry Signals
Green reversal labels at bottoms indicate potential long entry points
Red reversal labels at tops indicate potential short entry points
Confirm with bar color alignment and overall trend direction
Exit Signals
Opposite color reversal labels suggest profit-taking opportunities
Bar color changes from green to purple or red signal weakening bullish momentum
Bar color changes from red to purple or green signal weakening bearish momentum
Stop Loss Placement
Horizontal lines serve as dynamic stop loss levels
Place stops just beyond the reversal pivot points
Adjust stops as new reversals are confirmed
Risk Management
Use multiple timeframe analysis for confirmation
Wait for bar color confirmation before entry
Avoid trading during conflicting signals (purple bars)
Best Practices
Multi-Timeframe Confirmation: Check higher timeframe trend before taking signals
Volume Verification: Combine with volume analysis for stronger confirmation
Market Context: Consider overall market conditions and key support/resistance levels
False Signals: During choppy, low-volume periods, increase reversal thresholds
Trending Markets: The indicator performs best in markets with clear trends and reversals
Alerts Available
Reversal Up: Triggers when bullish reversal is confirmed
Reversal Down: Triggers when bearish reversal is confirmed
Momentum Up: Triggers when bearish momentum weakens
Momentum Down: Triggers when bullish momentum weakens
Important Notes
This indicator repaints by design as it confirms reversals after price movement
Labels and lines are placed at historical pivot points when confirmed
The indicator works on all timeframes and markets (stocks, forex, crypto, futures)
Bar coloring provides continuous trend feedback independent of reversals
Adjust sensitivity based on volatility and timeframe
Disclaimer
This indicator is a technical analysis tool and should not be used as the sole basis for trading decisions. Always conduct your own analysis, use proper risk management, and never risk more than you can afford to lose. Past performance does not guarantee future results. The indicator repaints by nature of its reversal detection algorithm - reversals are only confirmed after price has moved the threshold amount.
#BLTA - CARE 7891🔷 #BLTA - CARE 7891: Ny session toolkit + Risk box + Confirmed levels + Asia box + Structure + Imbalances
Description:
#BLTA - CARE 7891 is an overlay toolkit 🧭🛠️ built for structured discretionary trading preparation. Its main purpose is to keep your chart reading and pre-trade planning in one place by combining time context, confirmed reference levels, liquidity framing, manual risk sizing, and context overlays (structure + imbalances).
🚫 This script is an indicator, not a strategy. It does not place orders.
🧩 Why these modules are combined (and how they work together)
This is not a “mashup for the sake of mixing”. Each module supports a specific step of a practical workflow:
🕒 Time context (new york session mapping)
Background highlights mark precise NY-time windows (day division at 17:00, london blocks, and new york blocks).
This provides the timing framework for when you typically scan, plan, or execute.
📰📅 Confirmed reference levels (previous day/week highs & lows)
Instead of plotting live extremes, this script confirms levels at defined boundaries:
Trading day: 17:00 → 17:00 NY
Weekly boundary: Sunday 17:00 NY
Lines start exactly at the candle where the high/low occurred and extend forward.
Optional “stop on hit” 🧊 freezes a level once price touches it, keeping the chart clean and realistic for forward analysis.
🈵 Asian range liquidity box (session that can cross midnight)
A dedicated Asian range container tracks high/low and an optional 50% midline.
It uses NY timestamps and safely handles sessions that cross midnight (storing the correct session date).
This gives you a daily liquidity “frame” often used for sweeps, breaks, and invalidations.
💸 Manual risk planning (trade box + lot sizing + table)
You select Entry (EP) and Stop (SL) directly on the chart using input.price(..., confirm=true) and time anchors.
The script then calculates:
💰 cash at risk from balance and risk %
📏 stop distance in pips (forex-aware pip sizing)
📦 lot size using units-per-lot and account currency inputs
🎯 target price using a reward ratio
It draws a risk box + target box and shows a compact table for quick verification.
🔁 Re-confirm mode (wizard) is included to prevent “stale” anchor points after timeframe changes or when you want a clean reset. While enabled, the risk table is replaced with a step guide and temporary EP/SL markers.
📈 Market structure overlay (1H zigzag projected to any timeframe)
A zigzag swing engine is computed on 1H via request.security() and projected onto the current chart.
Opacity is automatically reduced on non-1H charts so it stays contextual, not dominant.
Optional live extension of the last leg helps you see the active swing in progress.
📊 Imbalance map (fvg / og / vi) + optional dashboard
The script detects and draws:
🤏 fair value gaps (fvg)
👐 opening gaps (og)
🔎 volume imbalances (vi)
Optional filters allow minimum width by points / % / atr, and each imbalance type can be extended forward.
A dashboard 📱 can summarize bullish/bearish frequency and fill rates for context review.
✅ Quick start (recommended order)
Turn on 🕒 session visualization to align with NY timing.
Enable 📰 pdh/pdl and 📅 weekly highs/lows to map confirmed reference liquidity.
Use 🈵 the asian range box to frame the early-session liquidity container.
Plan your trade with 💸 risk module (pick EP/SL, verify pips + lots + target).
Add 📈 zigzag structure and 📊 imbalances only as supporting context.
⚠️ Notes & limitations
This tool is for planning and chart reading, not automated execution.
Lot sizing is an estimate based on your inputs; always confirm broker contract specs.
Some modules draw many objects (boxes/lines/tables) 🧱, which may slow very small timeframes.
Moving Average Structure ZigZag [Stable & Filtered]
(日本語説明)
このインジケーターは、移動平均線（MA）の転換に基づき、相場の「真の構造」を可視化するために開発されました。 通常のZigZagのように価格の単純な反転に依存せず、「MAのトレンド転換 ＋ 指定した値幅の到達」という2つの条件を用いることで、レンジ相場の細かなノイズ（ダマシ）を排除し、ダウ理論に基づいた重要な高値・安値だけを結びます。
💡 主な機能
MAタイプの切り替え: SMA, EMA, HMA, VW-HMAなど、目的に合わせたトレンド感度を選択可能。
値幅フィルター（Min Deviation）: 添付画像のように、小さな値動きをカットし、大きな市場構造だけを抽出します。
価格アクションへの追従: ラインはMAの数値ではなく、期間内の実最高値・最安値を正確に結び、高値更新時には自動で延伸されます。
🛠 活用シーン
環境認識: 上位足での大きな波形を確認し、現在のフェーズを定義。
ノイズ除去: 市場の主要な節目（レジサポ候補）の特定。
ダウ理論の視覚化: 高値・安値の切り上がり・切り下がりを明確化。
(English Description)
This indicator was developed to visualize the "True Market Structure" based on Moving Average (MA) reversals. Unlike standard ZigZag which relies solely on price reversals, this tool combines MA Trend Reversals and a Minimum Deviation filter to eliminate market noise and highlight significant swing highs and lows based on Dow Theory.
💡 Key Features
Multiple MA Types: Select from SMA, EMA, HMA, VW-HMA, etc., to match your preferred trend sensitivity.
Min Deviation Filter: As shown in the attached image, it filters out minor price fluctuations to extract only the major market waves.
Price Action Tracking: The lines connect the actual High/Low prices within the period, not the MA values themselves. Lines automatically extend when a trend continues to new highs/lows.
🛠 Use Cases
Market Context: Identify major wave patterns on higher timeframes to define the current phase.
Noise Reduction: Pinpoint key market levels and potential support/resistance.
Dow Theory Visualization: Clearly visualize higher highs/lows and trend shifts.
Settings
MA Type: Choose the type of Moving Average.
Moving Average Length: The lookback period for structure.
Min Deviation (Pips): The threshold to filter noise. Adjust according to the volatility of the pair.
123_HH_LL/／2025/12/28
1. 請手動切至平均K線圖， 觀察K棒走向變化：HH、HL、LH、LL。
2. 尋找多頭趨勢的進場點。
// 2025/12/28
1. Please note that you need to manually switch to the and open the indicator , then observe the changes in the candlestick patterns: HH, HL, LH, LL.
2. Find the best entry point in an uptrend.
T-DOW-FLOW: Final Edition
T-DOW-FLOW: Market Structure & Smart Pivot Zones
This indicator is a comprehensive technical analysis tool designed to visualize "Market Structure" based on Dow Theory and precise Supply/Demand Zones. It helps traders identify the true market trend and high-probability reaction levels by analyzing raw price action (ZigZag Pivots) rather than lagging indicators.
The script integrates three core systems:
ZigZag Trend Cloud: Visualizes the market bias (Uptrend/Downtrend).
Smart Pivot Zones (Type 1): Highlights the specific "Wick-to-Body" area of recent pivots.
Auto Density Channels (Type 2): Detects historical support/resistance clusters.
1. ZigZag Trend Identification
Logic: The script utilizes ta.highestbars and ta.lowestbars to detect Swing Highs and Swing Lows.
Trend Cloud:
If the structure creates a Higher High, the background cloud turns Green (Uptrend).
If the structure creates a Lower Low, the background cloud turns Red (Downtrend).
This provides an instant visual filter for "Trend Flow," encouraging traders to trade only in the direction of the dominant market structure.
2. SR Type 1: Smart Pivot Zones (Wick-to-Body)
Unlike standard indicators that draw thin lines at the absolute High/Low, this script focuses on the "Imbalance Zone".
It calculates the price range between the Pivot's Wick and the Pivot's Body (Open/Close) and fills this area with a colored zone.
Why? The area between the wick and body often represents the precise zone where institutional orders were filled, acting as a more reliable support/resistance level than a single price point.
3. SR Type 2: Auto Density Channels
This module scans a significant amount of historical data (default: 300 bars) to find clusters of pivot points.
Areas where multiple pivots align within a specific width are drawn as Channels. These represent strong, long-term psychological levels.
Trend Filter: Check the Trend Cloud color.
Green: Look for Long opportunities.
Red: Look for Short opportunities.
Entry Trigger: Wait for the price to retrace into a Smart Pivot Zone (Type 1) or an Auto Channel (Type 2).
Look for price rejection (wicks) at these zones in the direction of the Trend Cloud.
Structure Confirmation: Use the ZigZag lines and labels (HH, HL, etc.) to confirm that the market structure is still intact before entering.
ZigZag Settings: Adjust the sensitivity of the trend detection.
SR Type 1: Toggle the "Wick-to-Body" fill and choose between Wicks or Bodies as the primary source.
SR Type 2: Adjust the historical loopback period and channel width sensitivity.
This script is for educational and technical analysis purposes only. Past performance does not guarantee future results.
(以下、日本語説明 / Japanese Description)
このインジケーターは、「ダウ理論」に基づくトレンド判定と、精密な「需給ゾーン（Supply/Demand）」を可視化するための市場構造分析ツールです。 遅行指標を使わず、純粋なプライスアクション（ZigZagピボット）に基づいて、機関投資家の意識する価格帯を特定します。
1. ZigZagトレンドクラウド
ロジック: 一定期間の高値・安値を検出し、ダウ理論に基づいてトレンドを判定します。
視覚化: 高値切り上げ（上昇トレンド）なら「緑」、安値切り下げ（下落トレンド）なら「赤」の背景色を表示します。これにより、トレードすべき方向（順張り）を一目で判断できます。
2. SR Type 1: スマートピボットゾーン (Wick-to-Body)
単なる水平線ではなく、ローソク足の**「ヒゲ先」から「実体」までの価格差**をゾーンとして塗りつぶして表示します。
理由: ヒゲと実体の間の領域は、大口の注文が執行された（需給の不均衡が発生した）重要なエリアであることが多く、ピンポイントのラインよりも信頼性の高い反発ゾーンとして機能します。
3. SR Type 2: オート・デンシティ・チャネル
過去の長期間（デフォルト300本）のデータをスキャンし、ピボットが密集している価格帯を自動で「チャネル」として描画します。長期的に意識される強力なレジサポ帯です。
環境認識: 背景のトレンドクラウドの色に従い、目線を固定します。
エントリー: 価格がSRゾーン（Type 1）やチャネル（Type 2）に引きつけて、反発する動きを確認してエントリーします。
構造確認: ZigZagラインとラベル（HH/HLなど）を見て、トレンドが崩れていないことを確認します。
FVG Supply and DemandThis indicator combines powerful tools into one:
• Supply & Demand Zones built from swing highs/lows with ATR-based zone width, POI markers, and Break-of-Structure (BOS) detection.
• Volumized Fair Value Gaps (FVGs) showing bullish/bearish gaps, total volume inside the gap, volume distribution, optional zone-combining, and auto-cleanup.
• Swing TSL Line and manage bar color.
It helps visualize key imbalance areas, institutional zones, and price reaction points.
Credits to the Author.
⚠️ Disclaimer
This indicator is provided for educational and analytical purposes only.
It does not provide trading advice.
Past results do not guarantee future outcomes.
Use responsibly and in conjunction with your market analysis.
SHAMAZZ = Smoothed Heikin Ashi + MA + ZigZagSHAMAZZ: Smoothed Heikin Ashi + Moving Averages + ZigZag Structure
This script is a visual analysis tool that combines three components in one place:
Smoothed Heikin Ashi candles
• Candles are generated using a two-stage exponential smoothing process applied to open, high, low, and close
• Helps visualize general price direction and candle transitions
• Supports optional multi-timeframe views using TradingView’s request.security()
Moving Averages
• Includes two standard moving averages (SMA 50 and SMA 200 by default)
• These are plotted on the same timeframe as the main chart or a selected higher timeframe
• No trading signals or strategies are generated from the averages
ZigZag Pivot Mapping
• Identifies swing highs and lows based on user-selected pivot length
• Classifies pivots into simple categories such as higher high, lower high, higher low, or lower low
• Draws connecting lines between detected pivots
• Can optionally display small labels showing the pivot type
• The ZigZag is not predictive and only reflects swings already formed by the chosen pivot settings
Purpose
The script is meant as a charting helper for traders who want to visualize smoothed candles, major moving averages, and swing structure without switching indicators. It does not generate signals, alerts, or trading advice. It does not imply future outcomes, accuracy, or profitability.
Note on Higher Timeframes
When higher-timeframe values are requested, the script only displays confirmed higher-timeframe candle closes. No lookahead behavior is intended. Users who want the safest and strictest mode should keep all additional timeframe options disabled and use the indicator on one timeframe only.
How to Use
• Turn components on or off depending on your workflow
• Adjust pivot length to make the ZigZag more or less sensitive
• Use smoothed candles and moving averages as visual references
• Use ZigZag swings only for structure mapping, not for trade signals or forecasts
This tool is provided for visual analysis only and does not promise performance or predictive value.
Larry Williams COT Analysis Enhanced [tradeviZion]Larry Williams COT Analysis Enhanced - Complete Description
📖 Introduction
Welcome to the Larry Williams COT Analysis Enhanced indicator. This comprehensive description explains every setting, feature, and capability of this advanced Commitments of Traders (COT) analysis tool.
This indicator implements Larry Williams' professional COT analysis methodology with enhanced features including statistical validation, combination analysis, and adaptive signal generation.
---
🎯 Quick Start
Add the indicator to your chart
The script will automatically detect your symbol's CFTC code and asset type
Review the main COT analysis table (displayed by default)
Customize settings based on your trading style
Review the Trading Edge & Signals section for signal information
---
⚙️ Settings Groups Overview
The indicator is organized into 9 logical groups of settings:
1. Core COT Settings - Data source and report configuration
2. Analysis Parameters - Calculation methods and lookback periods
3. Signal Generation - Buy/sell signals and trend weighting
4. Plot Display Settings - Visual customization of chart lines
5. Smoothing Settings - Data smoothing options
6. COT Proximity Index Settings - Price-based proxy indicator configuration
7. Common Table Settings - Shared table appearance
8. Main Table Display Settings - Main analysis table customization
9. Historical Comparison Settings - Historical data table configuration
---
📋 Group 1: Core COT Settings
COT Report Type
Options: Legacy | Disaggregated | Financial
What it is: Selects the type of COT report data to analyze.
Legacy - Traditional COT report format. Recommended for most users. Uses "Commercial Positions" and "Noncommercial Positions" metrics. Shows Commercial, Non-Commercial, and Small Speculator positions in the classic format.
Commercials: "Commercial Positions"
Speculators: "Noncommercial Positions"
Small Specs: "Nonreportable Positions"
Disaggregated - Separates managed money from other speculators. Uses different metrics than Legacy format.
Commercials: "Producer Merchant Positions"
Speculators: "Managed Money Positions"
Small Specs: "Nonreportable Positions"
Important: When using Disaggregated report type, the table will still show "Non-Comm" as the label, but the data displayed is actually " Managed Money Positions " (hedge funds and CTAs). The underlying data changes based on your report type selection, even though the table label remains "Non-Comm" for consistency.
Where you'll see this data:
📊 Current Positions section - The "Non-Comm" row shows Managed Money long, short, and net positions
📊 Open Interest Analysis section - "Non-Comm" net changes reflect Managed Money position changes
📈 Analysis section - "Non-Comm" percentile and LW Index values are calculated from Managed Money positions
Chart plots - The blue "Non-Commercial" line shows Managed Money net positions
Useful when you want to analyze hedge funds (Managed Money) separately from other large speculators. The "Commercial" row will show " Producer Merchant Positions " instead of general "Commercial Positions".
Financial - Designed for financial instruments (currencies, bonds, stock indices). Uses financial-specific metrics.
Commercials: "Dealer Positions"
Speculators: "Leveraged Funds Positions"
Small Specs: "Nonreportable Positions"
Important: When using Financial report type, the table will still show "Commercial" and "Non-Comm" as labels, but the data displayed is actually " Dealer Positions " (commercials) and " Leveraged Funds Positions " (speculators). The underlying data changes based on your report type selection.
Where you'll see this data:
📊 Current Positions section - "Commercial" row shows Dealer long/short/net, "Non-Comm" row shows Leveraged Funds positions
📊 Open Interest Analysis section - Net changes reflect Dealer and Leveraged Funds position changes
📈 Analysis section - Percentile and LW Index values are calculated from Dealer and Leveraged Funds positions
Chart plots - Lines show Dealer and Leveraged Funds net positions
Use this for currency futures, bond futures, and stock index futures.
Trading Use: Most traders use Legacy as it provides the most comprehensive view and works with all asset types. Switch to Disaggregated if you want to analyze managed money positions separately. Use Financial specifically for financial instruments (currencies, bonds, stock indices).
---
Include Options Data
Default: Off (false)
What it is: Toggles whether to include options positions in addition to futures positions.
Trading Use: Larry Williams observed no significant difference in COT analysis when including options data. Keep this disabled unless you specifically need options data. Most traders leave it off for cleaner analysis.
---
Auto-detect CFTC Code
Default: On (true)
What it is: Automatically finds the correct CFTC code for your symbol.
Trading Use: Keep this enabled unless you need a specific CFTC code. The script automatically detects codes for:
- Currency futures: CME:6E1! , CME:6B1! , CME:6J1!
- Stock index futures: CME_MINI:ES1! , CBOT_MINI:YM1! , CME_MINI:NQ1!
- Commodities: NYMEX:CL1! , COMEX:GC1! , CBOT:ZC1!
- And many more
Only disable if you're analyzing a symbol that requires a specific CFTC code not in the auto-detection database.
---
Manual CFTC Code
Default: Empty
What it is: Enter a specific CFTC code manually (e.g. for E-mini S&P 500). "13874+"
Trading Use: Only used when Auto-detect CFTC Code is disabled. Most users never need this setting.
---
📊 Group 2: Analysis Parameters
Display Mode
Options: COT Report | COT Index | COT Proximity Index
What it is: Controls what data is displayed on the chart and in the table.
COT Report - Shows raw position data (Long, Short, Net positions) plus analysis. Best for detailed analysis. Displays Commercial, Non-Commercial, Small Speculator, and Open Interest lines.
COT Index - Shows index values based on your selected Analysis Method (Percentile or LW Index). Best for quick sentiment analysis. Displays index lines for Commercial, Non-Commercial, Small Speculator, and Open Interest. Percentile can exceed 0-100% for extremes, LW Index stays 0-100%.
Percentile can exceed 0-100% for extremes
LW Index stays 0-100%
COT Proximity Index - Shows a price-based proxy indicator. Useful when COT data is delayed or unavailable. Calculates sentiment based on price action patterns.
Trading Use:
- Use COT Report for comprehensive analysis
- Use COT Index when you want to focus on extreme sentiment levels
- Use COT Proximity Index as a backup when COT data is delayed or unavailable.
---
Analysis Method
Options: Percentile | LW Index
What it is: Selects the calculation method for position rankings.
Percentile - Professional approach. Excludes current bar from range calculation. Can show extremes (>100% or <0%) when today's value breaks historical range. More sensitive to recent extremes.
LW Index - Original Larry Williams method. Includes current bar in range, always 0-100%. Traditional approach.
Trading Use:
Percentile - Better for catching new extremes and recent market shifts
LW Index - Better for traditional Larry Williams analysis
Most traders prefer Percentile for its ability to show when positions break historical ranges.
---
Lookback Mode
Options: Auto | Manual
What it is: Controls how the historical lookback period is determined.
Auto - Automatically sets lookback period based on detected asset type
Manual - Choose your own lookback period
Trading Use: Use Auto unless you have a specific reason to customize. The script automatically sets optimal periods:
Currencies: 26 weeks
Metals: 13 weeks
Grains: 26 weeks
Stocks/Indices: 13 weeks
Bonds: 52 weeks
Energies: 13 weeks
---
Manual Lookback Period
Options: 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | Asset-specific presets | Manual
What it is: How far back to look for historical comparison. Only used when Lookback Mode is set to Manual .
---
Manual Lookback Weeks
Default: 18 weeks | Range: 1-500
What it is: Exact number of weeks to look back. Only used when Manual Lookback Period is set to Manual .
Trading Use: Set a custom period if you want precise control. 18 weeks = approximately one quarter (3 months).
---
🎯 Group 3: Signal Generation
Show Signal Arrows
Default: Off (false)
What it is: Displays buy/sell arrows on the chart when extreme positions are detected.
Trading Use: Enable to get visual alerts for signals. Signals use strict multi-factor conditions requiring:
- Commercial extreme positioning
- Speculator positioning alignment
- Open Interest confirmation
- Trend consistency
- And more...
---
Show Background Colors
Default: Off (false)
What it is: Colors the chart background during extreme market conditions.
Trading Use: Enable for visual market state awareness:
- Strong signals = Darker background colors
- Moderate signals = Lighter background colors
- Green background = Bullish extreme
- Red background = Bearish extreme
Useful for quick visual assessment of market conditions.
---
Use Price Trend Weighting
Default: On (true)
What it is: Weights signals based on price trend alignment.
How it works:
Uptrend + Commercials long = Stronger bullish signal
Downtrend + Commercials short = Stronger bearish signal
Counter-trend signals = Harder to trigger (more conservative)
Trading Use: Keep enabled for more reliable signals. Commercials aligned with price trend are historically more accurate.
This feature makes signals easier to trigger when commercials align with the trend and harder when they're counter-trend.
---
Trend MA Period
Default: 40 | Range: 1-200
What it is: Moving average period for price trend detection.
How it works:
Price above MA with the MA rising = Uptrend
Price below MA with the MA declining = Downtrend
---
📈 Group 4: Plot Display Settings
Commercial Line Settings
Default Color: Red | Default Width: 2
What it is: Controls the Commercial traders net position line appearance.
Trading Use: Commercials are considered "smart money." Watch for:
Extreme long positions (high index ≥74%) = Heavy buyers = BULLISH signal
Extreme short positions (low index ≤26%) = Heavy sellers = BEARISH signal
Red is traditional for commercials. When Commercials are heavy buyers (high index), it's a bullish signal. When they're heavy sellers (low index), it's a bearish signal.
---
Non-Commercial Line Settings
Default Color: Blue | Default Width: 2
What it is: Controls the Non-Commercial (Large Speculators) net position line appearance.
Trading Use: Large speculators are often trend-followers. Watch for:
Extreme long = Potential top (contrarian sell signal)
Extreme short = Potential bottom (contrarian buy signal)
They're often wrong at extremes - use as contrarian indicator.
---
Small Speculator Line Settings
Default Color: Green | Default Width: 2
What it is: Controls the Small Speculators net position line appearance.
Trading Use: Small specs are typically wrong at extremes:
Extreme long = Potential top (sell signal)
Extreme short = Potential bottom (buy signal)
Exception: In Meats markets, small specs are accurate (like commercials).
---
Small Speculator Multiplier
Default: 5.0x | Range: 0.1-20.0
What it is: Multiplies Small Speculator PLOTTED values for visual comparison.
Important: This only affects the visual plot line, NOT calculations or table values. Raw values used in all calculations remain unchanged.
Trading Use: Small spec positions are often much smaller than commercials. Use multiplier (default 5.0x) to scale the line for easier visual comparison.
---
Open Interest Line Settings
Default Color: Black | Default Width: 1
What it is: Controls the Open Interest line appearance.
Trading Use: Open Interest shows market participation:
Rising OI = New money entering (confirms trend)
Falling OI = Money leaving (potential reversal)
Watch WHO is driving OI changes - This is critical
---
Scale Open Interest
Default: On (true)
What it is: Scales Open Interest values to fit chart range.
Important: Only affects plotted lines, not table values. Scaling changes based on lookback period:
- Shorter lookback = More compressed range
- Longer lookback = Wider range
Trading Use: Keep enabled for better visual comparison. Disable if you want absolute OI values.
---
Show Reference Lines
Default: Off (false)
What it is: Toggles the display of horizontal reference lines at 0%, 50%, and 100% levels on the chart.
What it shows:
Zero Line (0%) - Dotted gray line at 0% level
Midline (50%) - Solid gray line at 50% level
100 Line (100%) - Dotted gray line at 100% level
Trading Use: Enable when you want visual reference points for:
0% = Extreme bearish positioning
50% = Neutral/middle range
100% = Extreme bullish positioning
---
🔄 Group 5: Smoothing Settings
Smoothing Method
Options: None | SMA | EMA | WMA | RMA
What it is: Selects the moving average type for smoothing data.
None - Use raw data (no smoothing)
SMA - Simple Moving Average (equal weight to all periods)
EMA - Exponential Moving Average (more weight to recent data)
WMA - Weighted Moving Average (linear weighting)
RMA - Relative Moving Average (Wilder's smoothing)
Trading Use:
None - Best for catching extremes quickly
SMA - Most common, balanced smoothing
EMA - More responsive to recent changes
WMA/RMA - Advanced smoothing methods
Smoothing reduces noise but may delay signal detection. Use None for most responsive signals.
---
Smoothing Period
Default: 4 | Range: 2-20
What it is: Number of periods for the moving average smoothing.
Trading Use:
Shorter periods (2-5) = Less smoothing, more responsive
Longer periods (10-20) = More smoothing, less noise
Default 4 = Good balance
Only used when Smoothing Method is not None.
---
Smooth COT Report Plots
Default: Off (false)
What it is: Applies smoothing to COT Report plotted lines (Commercial, Non-Commercial, Small Speculators, Open Interest).
Trading Use: Enable if you want smoother chart lines. Note: Smoothing affects visual display but calculations use raw data unless Smooth COT Index Plots is also enabled.
---
Smooth COT Index Plots
Default: Off (false)
What it is: Applies smoothing to COT Index plotted lines.
Trading Use: Enable if you want smoother index lines. Important : When enabled, smoothed values are used in table displays and signal calculations. This affects the "user-facing" index values shown in the table and used for signals.
---
📊 Group 6: COT Proximity Index Settings
Proximity Length Mode
Options: Auto | Manual
What it is: Controls how the proximity index calculation period is determined.
Auto - Calculates length based on ZigZag patterns (dynamic)
Manual - Uses fixed length setting
Trading Use: Use Auto for adaptive calculation. Use Manual if you want consistent period regardless of market conditions.
---
Manual Proximity Length
Default: 8 bars | Range: 1+
What it is: Fixed number of bars for COT Proximity Index calculation. Only used when Proximity Length Mode is Manual .
Trading Use: Set based on your timeframe. 8 bars works well for weekly chart.
---
Heavy Buyers Level
Default: 74% | Range: 50-100
What it is: COT Index level above which commercials are considered heavy buyers (extreme long positioning).
Trading Use: This threshold is used for:
- Signal generation
- Market state calculation
- Entry level recommendations
Default 74% means commercials are "heavy buyers" when LW Index ≥ 74%.
---
Heavy Sellers Level
Default: 26% | Range: 0-50
What it is: COT Index level below which commercials are considered heavy sellers (extreme short positioning).
Trading Use: This threshold is used for:
- Signal generation
- Market state calculation
- Entry level recommendations
Default 26% means commercials are "heavy sellers" when LW Index ≤ 26%.
---
ZigZag Deviation
Default: 1.0% | Range: 1-100.0
What it is: Minimum price change (%) required to create a new ZigZag pivot point.
Trading Use:
Smaller values = More sensitive, more pivots
Larger values = Less sensitive, fewer pivots
Used for Auto proximity length calculation.
---
ZigZag Depth
Default: 1 | Range: 1+
What it is: Minimum number of bars between pivot points.
Trading Use: Higher values filter out minor pivots. Default 1 captures all significant pivots.
---
Extend ZigZag to Last Bar
Default: Off (false)
What it is: Draws ZigZag lines to the current bar (may show incomplete patterns).
Trading Use: Enable to see current ZigZag pattern, but be aware it may change as new bars form.
---
Show ZigZag Lines
Default: Off (false)
What it is: Displays ZigZag pivot lines on the chart for visual reference.
Trading Use: Enable to see the ZigZag pattern used for proximity index calculation. Useful for understanding how Auto mode works.
---
🎨 Group 7: Common Table Settings
Color Theme
Options: Dark | Light | Midnight Blue | Ocean Blue | Forest Green | Amber Gold | Slate Gray
What it is: Color scheme for both main and historical comparison tables.
Trading Use: Choose based on your preference:
Dark/Light - Classic themes
Midnight Blue - Professional dark theme
Ocean Blue - Calming blue tones
Forest Green - Natural green theme
Amber Gold - Warm gold tones
Slate Gray - Modern gray theme
Theme applies to both tables simultaneously for consistency.
---
📋 Group 8: Main Table Display Settings
Show COT Table
Default: On (true)
What it is: Toggles the main COT analysis table display.
Trading Use: Disable only if you want to use chart plots only. Most traders keep this enabled for comprehensive analysis.
---
Table Mode
Options: Full | Compact
What it is: Controls the detail level of the main table.
Full - Complete analysis table with all sections
Compact - Essential info only (mobile-friendly)
Trading Use:
Full - Desktop trading, comprehensive analysis
Compact - Mobile trading, quick reference
See "Table Modes Explained" section below for details.
---
Table Position
Options: Top Right | Top Left | Bottom Right | Bottom Left | Middle Right | Middle Left
What it is: Position of the main COT analysis table on the chart.
Trading Use: Choose based on your chart layout and preference. Top Right is default and works well for most traders.
---
Table Text Size
Options: Tiny | Small | Normal | Large
What it is: Size of text in the COT analysis table.
---
Section Visibility Controls
All default: On (true)
What it is: Individual toggles to show/hide specific table sections.
⚙️ Settings - Report Type, CFTC Code, Options setting
📊 Current Positions - Long, Short, Net positions for each group
📈 Analysis - LW Index, Percentile, Market State
🎯 Trading Edge & Signals - Current Signal, Entry Level, Best Setup
💡 Trading Tips - Context-aware trading insights
📈 Trend Analysis - Trend Direction, Strength, Cum Change, ROC, vs MA
🔄 Market Maker Activity - Spreading, Activity Level, Trading Edge
Trading Use: Customize your table to show only what you need:
Quick traders - Show only Trading Edge & Signals
Detailed analysis - Show all sections
Mobile users - Hide less critical sections
Each section can be toggled independently for maximum customization.
---
📊 Group 9: Historical Comparison Settings
Show Historical Comparisons
Default: On (true)
What it is: Toggles the historical comparison table display.
Trading Use: This table shows how current positions rank over different time periods (1M, 3M, 6M, 1Y, 3Y, All Time). Very useful for context.
---
Historical Table Mode
Options: Full | Compact
What it is: Controls the detail level of the historical comparison table.
Full - Complete historical comparison with all time periods (1M, 3M, 6M, 1Y, 3Y, All Time) and all COT groups
Compact - Essential periods only (1M, 3M, 6M, 1Y, All Time) showing Commercial % only
Trading Use:
- Full - Comprehensive historical analysis
- Compact - Quick reference, mobile-friendly
---
Table Position (Historical)
Options: Top Right | Top Left | Bottom Right | Bottom Left
What it is: Position of the historical comparison table on the chart.
---
Table Text Size (Historical)
Options: Tiny | Small | Normal | Large
What it is: Size of text in the historical comparison table.
---
Trading Days
Options: Weekdays | 24/7
What it is: How to calculate time periods for historical comparisons.
Weekdays - Calculate based on trading days only (5 days/week)
24/7 - Include all calendar days (7 days/week), Use for 24/7 markets like cryptocurrencies
Used for both main COT data and COT Proximity Index historical comparisons.
---
📊 Table Modes Explained
Full Mode - Main Table
The Full mode displays all available sections:
⚙️ Settings - Report type, CFTC code, options setting
📊 Current Positions - Long, Short, Net for Commercial, Non-Commercial, Small Speculators
📊 Open Interest Analysis - OI value, change, who's driving changes, concentration
📈 Analysis - Percentile ranks, LW Index values, Market State
🎯 Trading Edge & Signals - Current Signal, Entry Level, What to Watch, Best Setup
💡 Trading Tips - Context-aware insights
📈 Trend Analysis - Trend Direction, Strength, Consistency, Cumulative Change, ROC %, vs MA
🔄 Market Maker Activity - Spreading %, Activity Level, Interpretation, Trading Edge
Best for: Desktop trading, comprehensive analysis, detailed market assessment
---
📋 Understanding Each Table Section
This section explains what each part of the main table means and how to use it for trading decisions.
⚙️ Settings Section
Report Type - Shows which COT report format you're using (Legacy, Disaggregated, or Financial). Verify this matches your asset type.
Options - Indicates if options data is included ("Included") or excluded ("Excluded"). Most traders exclude options for cleaner analysis.
CFTC Code - Unique identifier for your futures contract. Shows "Auto" when automatically detected, or displays the manual code if set.
Trading Use: Always verify your CFTC code is correct. Wrong code = wrong data = wrong signals.
---
📊 Current Positions Section
Shows the actual position sizes for each trader group.
What Each Column Means:
Long - Total long contracts held by this group
Short - Total short contracts held by this group
Net - Net position (Long - Short). This is the key number.
How to Interpret:
Commercial Net Position:
- Negative (Net Short) = Commercials expect prices to fall
- Positive (Net Long) = Commercials expect prices to rise
- Commercials are "smart money" - their positioning often precedes major moves
Non-Commercial Net Position:
- Positive (Net Long) = Large speculators bullish
- Negative (Net Short) = Large speculators bearish
- Often trend-followers, can be caught at extremes
Small Spec Net Position:
- Positive (Net Long) = Small traders bullish
- Negative (Net Short) = Small traders bearish
- Often contrarian indicator - wrong at extremes
Trading Edge: Watch for extremes in Commercial net positions. When Commercials are heavy buyers (high index ≥74%), it's a bullish signal. When they're heavy sellers (low index ≤26%), it's a bearish signal.
---
📊 Open Interest Analysis Section
Open Interest - Total number of outstanding contracts. Shows market participation level.
Change - Week-over-week change in Open Interest. Rising OI = new money entering, Falling OI = money leaving.
Net Changes - Shows which group is driving Open Interest changes. This is Larry Williams' most important insight.
🎯 Critical Question: Who is Driving OI Changes?
EXTREMELY BULLISH SIGNAL (Very Rare - Pay Close Attention):
- Commercials driving OI increase + Commercials raising positions + Uptrend market
- Meaning: Smart money (commercials) accumulating long positions while market is rising
- Action: Extremely bullish - very rare setup, pay close attention to this signal
- This is the strongest bullish signal possible
BULLISH SIGNAL (Strong Buy):
- Commercials driving OI increase + Commercials net long
- Meaning: Smart money accumulating long positions
- Action: Strong bullish setup
BEARISH SIGNAL (Strong Sell - Market Topping):
- Commercials exiting + OI increasing due to Small Specs + Non-Commercials
- Meaning: Smart money leaving while speculative money entering
- Action: Market top forming - most likely scenario for bearish reversal
- This indicates speculative excess and potential market top
BEARISH SIGNAL (Speculative Excess):
- Small Specs + Non-Commercials driving OI increase + They are net long
- Meaning: Speculative excess, "dumb money" driving market
- Action: Bearish reversal likely
Trading Use:
- Rising OI = New money entering (confirms trend)
- Falling OI = Money leaving (potential reversal)
- Watch WHO is driving OI changes - This is critical
- When Commercials drive OI increases while raising positions in an uptrend = Extremely bullish and very rare - pay attention
- When Commercials exit while OI increases due to Small Specs and Non-Commercials = Market topping signal
Concentration - Shows how much of the market is controlled by the largest traders:
- Top 4 - Four largest traders' share of total OI
- Top 8 - Eight largest traders' share of total OI
Trading Use: High concentration (>30%) means fewer dominant players, potential for volatility. Low concentration means more distributed positions, healthier market.
---
📈 Analysis Section
Proximity Index (when in COT Proximity Index mode):
- Value: Current proximity index reading (0-100%)
- Length: Number of bars used in calculation
- Status: Heavy Buyers, Heavy Sellers, or Neutral
Analysis Method - Shows whether you're using Percentile or LW Index calculation.
Small Spec Mode - Shows how Small Speculators are interpreted:
- Contrarian (Traditional) - Small specs are wrong at extremes (default)
- Accurate (Meats) - Small specs are accurate like commercials (for Meats markets)
Market State - Overall market sentiment assessment:
- STRONG BULLISH - Multiple factors aligned bullish, strong buy signal
- MODERATE BULLISH - Several bullish factors, moderate buy signal
- LEANING BULLISH - Slight bullish bias, watch for confirmation
- NEUTRAL - Mixed signals, trade with existing trend
- LEANING BEARISH - Slight bearish bias, watch for confirmation
- MODERATE BEARISH - Several bearish factors, moderate sell signal
- STRONG BEARISH - Multiple factors aligned bearish, strong sell signal
Trading Use: Start your analysis here. Market State gives you the overall picture before diving into details.
---
🎯 Trading Edge & Signals Section
Current Signal - Shows which combination is active based on current positioning extremes and its expected accuracy percentage:
- Comm+Spec+OI - All three groups at extremes (highest accuracy)
- Comm+Spec - Commercials and specs at extremes (opposite extremes - Larry Williams' favorite)
- Comm+OI - Commercials and Open Interest at extremes (smart money + participation)
- Commercials - Only Commercials at extreme (smart money indicator)
- Wait - No extremes detected, wait for setup
Entry - Trading signal based on Commercial positioning:
- LONG - Commercials are heavy buyers (≥Heavy Buyers Level), bullish signal
- SHORT - Commercials are heavy sellers (≤Heavy Sellers Level), bearish signal
- Wait - Commercials neutral, no clear signal
Best Setup - Shows the historically highest accuracy combination found in the data:
- Comm+Spec+SmallSpec+OI - All four groups aligned (strongest signal)
- Comm+Spec+OI (All) - Commercials + Speculators + Open Interest aligned
- Comm+Spec+SmallSpec - Commercials + Speculators + Small Specs aligned
- Comm+Spec (Both) - Commercials + Speculators (opposite extremes - Larry Williams' favorite)
- Comm+OI (Both) - Commercials + Open Interest (participation confirms smart money)
- Comm+SmallSpec - Commercials + Small Specs (especially strong in Meats markets)
- Commercials Alone - Commercial positioning only (baseline - smart money indicator)
Trading Use: This is your action center . Focus on Entry signals when Market State confirms. Higher accuracy setups (shown in Best Setup) are more reliable.
---
💡 Trading Tips Section
Context-aware insights based on current market conditions.
What You'll See:
Commercial positioning assessment (extreme long/short, favorable/unfavorable)
Speculator positioning (contrarian support or warning)
Open Interest guidance (who's driving changes)
Trend assessment (aligning or conflicting)
Information about entry timing, position sizing, and confirmation needs
Trading Use: Review these tips when analyzing. They provide context-specific information tailored to current conditions.
---
📈 Trend Analysis Section
Trend Direction - Overall price trend:
- Bullish - Price trending up
- Bearish - Price trending down
- Mixed - No clear direction
Consistency - How stable the trend is:
- Consistent - Trend is stable and maintaining direction
- Mixed - Trend is unstable, direction changing
- Accelerating - Trend is gaining momentum
Strength - Trend intensity:
- Strong - Powerful trend
- Steady - Moderate trend
- Weak - Weak trend
This Week - Net position change this week (percentage).
Cumulative Change - Total net position change over different periods:
- 4W - 4-week cumulative change
- 13W - 13-week cumulative change (one quarter)
- 26W - 26-week cumulative change (half year)
ROC % - Rate of Change percentage over different periods. Shows momentum.
vs MA - Current net position compared to moving average:
- Positive = Above average (strong positioning)
- Negative = Below average (weak positioning)
Trading Use: Align COT signals with trend direction for higher accuracy. When COT signals align with price trend, signals are more reliable. Counter-trend signals require more confirmation.
---
🔄 Market Maker Activity Section
Total Spreading - Percentage of open interest in spread positions (simultaneous long and short in different months).
Percentile - Where current spreading level ranks historically. High percentile = unusual spreading activity.
13W Trend - 13-week trend in spreading activity (+ = increasing, - = decreasing).
Activity Level - Market maker activity intensity:
- High - Very active, expect volatility
- Moderate - Normal activity
- Low - Quiet, less volatility expected
vs 13W Avg - Current activity compared to 13-week average.
Trading Edge - Interpretation of market maker activity:
- High & Rising - Expect volatility, market makers hedging risk
- High & Stable - Active hedging, monitor for changes
- Low & Falling - Reduced activity, potential for directional moves
Trading Use: High market maker activity often precedes volatility. Use this to adjust position sizing and risk management. When spreading is high and rising, expect choppy conditions.
---
📋 Understanding Compact Mode Fields
The Compact mode provides essential information for quick trading decisions. Here's what each field means:
State
Shows the overall market sentiment based on combined COT analysis.
Possible Values:
- STRONG BULLISH - Multiple factors aligned bullish, strong buy signal
- MODERATE BULLISH - Several bullish factors, moderate buy signal
- LEANING BULLISH - Slight bullish bias, watch for confirmation
- NEUTRAL - Mixed signals, trade with existing trend
- LEANING BEARISH - Slight bearish bias, watch for confirmation
- MODERATE BEARISH - Several bearish factors, moderate sell signal
- STRONG BEARISH - Multiple factors aligned bearish, strong sell signal
Trading Use: Start your analysis here. Strong signals (STRONG BULLISH/BEARISH) indicate higher confidence setups. Neutral means trade with price trend.
---
Entry
Your actionable trading signal based on Commercial positioning.
Possible Values:
- LONG - Commercials are heavy buyers (≥Heavy Buyers Level), bullish signal
- SHORT - Commercials are heavy sellers (≤Heavy Sellers Level), bearish signal
- Wait - Commercials neutral, no clear signal
Trading Use: This is your go/no-go decision point. Only take trades when Entry shows LONG or SHORT. When Entry = Wait, stay on sidelines until clearer signal develops.
---
Comm Index
Commercial LW Index percentage showing where Commercial net position ranks historically.
Range: 0% to 100%
- 0-26% = Commercials heavy sellers (bearish positioning)
- 27-73% = Commercials neutral (no extreme)
- 74-100% = Commercials heavy buyers (bullish positioning)
Trading Use: Commercial extremes are most reliable. Values ≥74% (heavy buyers/extreme long) = BULLISH signal. Values ≤26% (heavy sellers/extreme short) = BEARISH signal. When Commercials are heavy buyers, it indicates bullish sentiment. When they're heavy sellers, it indicates bearish sentiment.
---
OI Status
Open Interest condition showing market participation level and trend.
Format: Status (Percentile %)
Examples:
- High (100.0%) - OI at extreme high, strong participation
- Moderate (50.0%) - OI at average level
- Low (10.0%) - OI at extreme low, weak participation
Trend Indicators:
- Rising - OI increasing (new money entering)
- Falling - OI decreasing (money leaving)
- Stable - OI unchanged
Trading Use: High OI with rising trend = strong market participation, confirms directional moves. Falling OI = watch for potential reversals. Low OI = reduced participation, potential for volatility.
---
Best Setup
Shows which combination of factors has the highest historical accuracy.
Format: Combination Name (Accuracy %)
Examples:
- Commercials Alone (75.3%) - Commercial positioning only
- Commercials + Speculators (68.2%) - Commercials and specs aligned
- Commercials + Open Interest (72.1%) - Commercials with OI confirmation
- Commercials + Speculators + OI (82.1%) - All factors aligned (strongest)
Trading Use: Higher accuracy values indicate signals with higher historical accuracy. When Best Setup shows "Commercials + Speculators + OI" with high accuracy, it indicates a combination with strong historical performance.
---
Trend
13-week cumulative trend direction based on net position changes.
Possible Values:
- Bullish - Net positions trending bullish over 13 weeks
- Bearish - Net positions trending bearish over 13 weeks
- Mixed - No clear directional trend
Trading Use: Align Entry signals with Trend for higher accuracy. When Entry = LONG and Trend = Bullish, signal is stronger. When Entry = LONG but Trend = Bearish, wait for price confirmation before entering. Counter-trend signals require more confirmation.
---
Full Mode - Historical Table
The Full historical mode shows:
All time periods: 1 Month, 3 Months, 6 Months, 1 Year, 3 Years, All Time
All COT groups: Commercial, Non-Commercial, Small Speculators, Open Interest
Complete header with asset type and lookback information
Best for: Comprehensive historical analysis, understanding long-term positioning
---
Compact Mode - Historical Table
The Compact historical mode shows:
Essential periods only: 1M, 3M, 6M, 1Y, All Time
Commercial % only (most important indicator)
Simplified header
Best for: Quick reference, mobile-friendly, focused analysis
---
🎯 How to Use Each Feature for Trading
Using Display Modes
COT Report Mode - Use for:
Understanding raw position sizes
Analyzing net position changes
Comparing absolute positions across groups
Detailed market structure analysis
COT Index Mode - Use for:
Quick sentiment assessment
Identifying extremes (Percentile can show >100% or <0%, LW Index shows 0-100%)
Comparing relative positioning
Signal generation
COT Proximity Index Mode - Use for:
When COT data is delayed
Real-time sentiment estimation
Price-action based analysis
---
Using Analysis Methods
Percentile Method - Use when:
You want to catch new extremes (>100% or <0%)
You need responsive signals
You're analyzing recent market regime changes
You want to use the professional approach (excludes current bar from range)
LW Index Method - Use when:
You want traditional Larry Williams analysis
You prefer stable, conservative signals
You're doing long-term analysis
You want always 0-100% range
---
Using Signal Generation
Enable Signal Arrows when:
You want visual alerts for high-quality setups
You're scanning multiple charts
You want to catch extreme positioning
Enable Background Colors when:
You want quick visual market state assessment
You're monitoring multiple timeframes
You want to see market conditions at a glance
Use Price Trend Weighting to:
Increase signal reliability
Align COT signals with price action
Filter counter-trend signals
---
Using Smoothing
No Smoothing - Best for:
Catching extremes quickly
Responsive signal generation
Active trading
With Smoothing - Best for:
Reducing noise
Trend identification
Swing trading
Remember: Smoothing affects visual display. Enable "Smooth COT Index Plots" if you want smoothed values in calculations.
---
Using Heavy Buyers/Sellers Levels
Default 74%/26% - Good starting point
Tighter levels (80%/20%) - More conservative, fewer signals
Wider levels (70%/30%) - More signals, less extreme
Trading Use: Adjust based on your risk tolerance and signal frequency preference.
---
Using Table Sections
Settings - Verify your configuration
Current Positions - Understand current market structure
Analysis - Identify extremes and market state
Trading Edge & Signals - Most important - Entry signals based on Commercial positioning
Trading Tips - Context-aware insights
Trend Analysis - Understand momentum and direction
Market Maker Activity - Assess market maker positioning
---
💡 Key Trading Concepts
Market State Interpretation
STRONG BULLISH - Multiple factors aligned bullish. Strong buy signal.
MODERATE BULLISH - Several bullish factors. Moderate buy signal.
LEANING BULLISH - Slight bullish bias. Watch for confirmation.
NEUTRAL - Mixed signals. Trade with existing trend.
LEANING BEARISH - Slight bearish bias. Watch for confirmation.
MODERATE BEARISH - Several bearish factors. Moderate sell signal.
STRONG BEARISH - Multiple factors aligned bearish. Strong sell signal.
---
Entry Level Signals
LONG - Commercials are heavy buyers (≥Heavy Buyers Level). Bullish signal.
SHORT - Commercials are heavy sellers (≤Heavy Sellers Level). Bearish signal.
Wait - Commercials neutral. No clear signal.
When Commercials are heavy buyers (high index), it indicates bullish sentiment. When they're heavy sellers (low index), it indicates bearish sentiment.
---
Best Setup Interpretation
The Best Setup shows the historically highest accuracy combination:
Commercials Alone - Commercial positioning is most reliable
Commercials + Speculators - Both groups aligned
Commercials + Open Interest - Commercials + OI confirmation
Commercials + Speculators + OI - All factors aligned (strongest)
Higher accuracy = More reliable signal. Use this to prioritize which signals to follow.
---
Open Interest Analysis
Critical Question: Who is driving Open Interest changes?
EXTREMELY BULLISH (Very Rare):
Commercials driving OI increase + Commercials raising positions + Uptrend = EXTREMELY BULLISH
This is very rare - pay close attention when this occurs
STRONG BULLISH:
Commercials driving OI increase + Commercials long = STRONG BULLISH
BEARISH (Market Topping):
Commercials exiting + OI increasing due to Small Specs + Non-Commercials = BEARISH (market topping)
Most likely scenario for bearish reversal - speculative excess
BEARISH (Speculative Excess):
Speculators driving OI increase + Speculators long = BEARISH (speculative excess)
TREND CONFIRMATION:
Rising OI = Confirms trend (new money entering)
Falling OI = Potential reversal (money leaving)
This is one of Larry Williams' most important insights. When Commercials drive OI increases while raising positions in an uptrend, it's extremely bullish and very rare - pay attention. When Commercials exit while Small Specs and Non-Commercials drive OI increases, the market is likely topping.
---
🚀 Practical Trading Workflow
Daily Analysis Routine
Check Market State - Overall assessment
Review Entry Level - Actionable signal
Check Best Setup - Signal reliability
Review Trading Tips - Context-aware insights
Analyze Trend Analysis - Momentum confirmation
Check Historical Comparison - Context over time
Verify Open Interest - Who's driving changes
---
Signal Confirmation Checklist
Before taking a trade based on COT signals:
✓ Market State shows clear bias (not Neutral)
✓ Entry Level matches Market State
✓ Best Setup shows high accuracy (>60%)
✓ Price trend aligns with signal (if using trend weighting)
✓ Open Interest confirms (rising for trend continuation, falling for reversal)
✓ Historical comparison shows extreme positioning
✓ Price action confirms (wait for price confirmation)
---
⚠️ Important Notes
COT data is weekly - Updates every Friday afternoon
Extremes can persist - Don't expect immediate reversals
Combine with price action - COT is one tool among many
Historical context matters - Consider market conditions
Meats markets are special - Small specs are accurate (like commercials)
Signals are rare - High-quality signals don't appear every week
---
This description covers all settings and features of the Larry Williams COT Analysis Enhanced indicator. Larry Williams recommends combining COT analysis with other indicators for setup signals: Williams Sentiment Index, Williams Valuation Index, Williams True Seasonal, Pinch and Paunch Signal, along with price action, technical analysis, and fundamental factors.
---
📖 Conclusion
The Larry Williams COT Analysis Enhanced indicator provides a sophisticated framework for understanding market sentiment through the lens of different participant groups. By combining mathematical analysis with behavioral insights, it displays COT positioning data, calculates index values, and generates signals based on extreme positioning.
Remember: This is a tool for analysis, not a crystal ball. Consider combining COT analysis with other Larry Williams indicators, price action, technical analysis, and fundamental factors.
Practice with the indicator, study historical signals, and develop your understanding of how different market participants behave. Signals with multiple factors aligned - Commercials at extremes, Open Interest changes driven by the right groups, and price action confirming the COT signals - have shown higher historical accuracy.
This description provides comprehensive documentation for the Larry Williams COT Analysis Enhanced indicator. For the most current data and analysis, always refer to the latest COT reports and market conditions.
---
Acknowledgment
This tool builds upon the foundational work of Larry Williams, who developed the Commitments of Traders (COT) analysis methodology and the principles for interpreting COT data. It also incorporates enhancements including statistical validation, combination analysis, adaptive signal generation, and comprehensive historical comparison features.
Note: Always practice proper risk management and thoroughly test the indicator to ensure it aligns with your trading strategy. Past performance is not indicative of future results.
ZigZag + Support/ResistanceZigZag + Support/Resistance — Overview
This tool combines a ZigZag swing-detection engine with an automatic Support and Resistance system. Swing highs become resistance zones, swing lows become support zones, and each zone is drawn, merged, extended, or expired according to market activity.
The goal of this indicator is to create a clear, structured view of market turning points and key levels, without manual plotting. It helps traders understand where price has previously reacted, where liquidity may rest, and how structure shifts over time.
How the Indicator Works
The ZigZag engine identifies significant market swings by waiting for price to move far enough in one direction to confirm a true turning point.
A confirmed swing low becomes a Support level.
A confirmed swing high becomes a Resistance level.
The indicator connects ZigZag pivots visually if enabled.
Every time a new swing forms, the indicator automatically adds or updates the nearest Support or Resistance zone.
Support and Resistance Zones
Instead of drawing simple horizontal lines, this script uses price “bands” taken from the candle’s wick and body at the swing point. This gives more realistic zones that represent true areas where the market reacted.
Each zone extends to the right for a user-defined number of bars and remains active until one of the following occurs:
Price breaks the level
(optional: requires a candle close depending on settings)
The level expires
based on the chosen lifetime or automatic timeframe-based defaults.
When a zone is broken or expires, it automatically disappears from the chart.
Zone Merging
The indicator includes advanced logic to identify overlapping or near-overlapping zones:
Zones that touch or nearly touch each other can be merged.
Merged zones can be displayed with a neutral color if desired.
The tool automatically combines, updates, and redraws these zones to keep the chart clean and organized.
This prevents clutter and highlights areas where multiple reactions have occurred, signaling stronger levels.
ZigZag Swings
The ZigZag component identifies major market swings using the “ZigZag Length” setting.
Higher values produce fewer, stronger swings.
Lower values produce more detailed swing structure.
When enabled, the indicator draws straight lines connecting each ZigZag pivot to the next, outlining the overall trend and showing the flow of market structure.
Each ZigZag pivot directly feeds the Support/Resistance system.
Key Features
Automatic support and resistance detection
Full zone visualization (rectangles or lines)
Optional merging of overlapping or nearby zones
Adjustable zone transparency and appearance
Time-based expiration of old or inactive levels
Option for break-confirmation using only candle closes
ZigZag swing visualization
Adaptable to any timeframe
Recommended Use
This indicator is designed for traders who rely on market structure, swing analysis, or price-reaction areas. It is useful for identifying potential turning points, breakout zones, liquidity areas, and strong historical supports/resistances.
Whether you trade reversals, breakouts, trend continuation, or liquidity concepts, this tool provides an organized and automated view of the most important levels on the chart.
ZigZagZigZag Indicator – Overview
This ZigZag indicator highlights the most important swing highs and swing lows on the chart, helping traders see market structure more clearly by filtering out minor price movements. It connects significant turning points with straight lines, creating a clean visual representation of trend direction and major reversals.
How It Works
Price constantly moves up and down, but not every movement is meaningful. The ZigZag indicator waits for price to make a move large enough to be considered a true swing point. Once such a movement occurs, the indicator identifies it as either a swing high or a swing low and draws a line connecting it to the previous swing.
This produces a simplified outline of market structure, making it easier to recognize trends, corrections, and major turning points.
Settings
ZigZag Length
Controls the sensitivity of the indicator.
Lower values produce more frequent swing points.
Higher values show only major swings and reduce noise.
Show ZigZag
Enables or disables the visual lines. When disabled, the indicator continues tracking swing points internally.
What You See on the Chart
Every time the market creates a confirmed swing high or swing low, the indicator draws a line to the previous swing in the opposite direction.
After a major low is confirmed, a line is drawn to the most recent high.
After a major high is confirmed, a line is drawn to the most recent low.
This creates a clear, continuous zigzag that outlines the dominant movements of the market without reacting to every small fluctuation.
Why This ZigZag Is Useful
It does not repaint once a swing is confirmed.
It provides a clean and simplified view of price structure.
It helps identify trend direction, structure breaks, impulses, and corrections.
It is useful for traders who follow price action, smart money concepts, and swing-based strategies.
Recommended Use Cases
This ZigZag indicator is suited for traders who rely on market structure analysis, including:
Swing trading
Smart Money Concepts (BOS/CHOCH detection)
Identifying impulses and pullbacks
Finding strong highs and lows
Studying overall trend direction
TrenVantage TRADER - Market Structure Intelligence 📘 TrenVantage TRADER – Market Structure Intelligence
Hello Traders!
We are excited to introduce TrenVantage TRADER! This indicator is a professional-grade market structure tool designed for active traders and analysts who require deeper insight and more precise control. It combines advanced pivot-based level detection, a dynamic ZigZag engine, multi-timeframe trend awareness, and Fibonacci integration into a clear and actionable visual layout. The TRADER edition offers enhanced logic that highlights multiple key levels (up to 8) with strength ratings, making it ideal for traders who need full market context without oversimplification. Whether you are day-trading, swing-trading, or managing multiple assets, TrenVantage TRADER empowers you to understand price structure, identify confluence zones, and monitor directional bias in real time.
✨ Key Features
🔹 Smart Support & Resistance (Max 8 Levels – TRADER Version)
- Auto-detected levels using precision candle-body logic
- Prioritizes the strongest zones with strength ratings
- Includes tested vs. untested levels for professional analysis
- Ideal for reaction-based trading and advanced setups
🔹 Advanced Pivot Engine
- Timeframe-aware, body-focused pivot detection
- Dynamic lookback for professional-level accuracy
- Filters weak pivots to reduce chart clutter
🔹 Dynamic Trend Detection (ZigZag Core)
- Real-time uptrend / downtrend state with swing-based mapping
- Adjustable deviation and sensitivity for professional precision
- Tracks higher highs, higher lows, lower highs, lower lows
🔹 Multi-Timeframe Trend Integration
- Detects trends across multiple higher timeframes
- Displays trend confluence scores for actionable insight
- Helps identify alignment with larger market bias
🔹 Status Box Dashboard
- Displays current trend, price, price change, and SMA & EMA trend position
- Nearest S/R with distance and strength information
- Multi-timeframe trend direction and confluence
- Market position summary (above, below, or between levels)
- Active S/R count and proximity detection status
🔹Dual SMA & EMA Overlay
- Fully adjustable period and visual style
- Acts as a directional filter and confluence tool
- Integrated into status box for instant comparison
- Crossover signals printed
🔹 Proximity & Trend Alerts
- Alerts when price approaches key S/R within defined distance
- Alerts on trend changes (Uptrend / Downtrend)
- Level break alerts for advanced breakout and reversal strategies
- Once-per-bar logic to avoid excessive notifications
🔹 Fibonacci Levels Overlay
- Auto-detects recent swing high/low for retracements and extensions
- Retracements: 23.6%, 38.2%, 50%, 61.8%
- Extensions: 127.2%, 161.8%
- Labels percentage levels directly on chart
- Works alongside S/R for confluence-based analysis
🔍 In-Depth Feature Breakdown
1. Smart Support & Resistance Levels
TrenVantage TRADER uses a refined pivot-based engine combined with candle-body logic to detect the strongest support and resistance zones. Unlike simpler tools, it can maintain up to 8 key levels with visual strength ratings.
How It Works
- Prioritizes zones with multiple touches and tested/untested status
- Tracks both current timeframe and higher timeframe context
- Highlights levels with color-coded clarity:
- Green = Support
- Red = Resistance
How It Helps Traders
- Provides comprehensive market structure overview
- Helps identify strong confluence zones for trading setups
- Reduces guesswork and supports data-driven decisions
2. Advanced Pivot Engine
Professional-grade pivot detection ensures only significant pivots are plotted, improving the reliability of support/resistance levels.
How It Works
- Dynamically adapts lookback periods based on volatility
- Focuses on candle bodies for more robust zone detection
- Filters out weak or irrelevant pivots
How It Helps Traders
- Clean, reliable chart with actionable levels
- Supports both breakout and reaction strategies
- Works across scalping, day, and swing-trading approaches
3. Dynamic Trend Detection (ZigZag Core)
Tracks real structural swings for professional trend analysis, avoiding guesswork or noise.
How It Works
- Detects higher highs/lows and lower highs/lows
- Adjustable deviation filtering for precision
- Smoothly updates trend direction without excessive repainting
How It Helps Traders
- Quickly identifies trend shifts and continuation setups
- Aligns positions with market structure for higher probability trades
- Reduces false signals by focusing on meaningful swings
4. Multi-Timeframe Trend Integration
Professional traders need to see trend alignment across multiple timeframes.
How It Works
- Detects trend direction on 2–3 higher timeframes
- Displays MTF confluence in status box
- Provides a clear bias score for informed decision-making
How It Helps Traders
- Confirms entries and exits with higher timeframe alignment
- Improves risk management with multi-level awareness
- Supports advanced strategy building
5 . Status Box Dashboard
A compact information hub displaying essential market data in real time.
What It Shows
- Trend direction & momentum bias
- SMA position & influence
- Nearest support & resistance levels
- Distance and strength of each level
- Multi-timeframe trend confluence
- Market position summary
- Active S/R count and proximity alerts
How It Helps Traders
- Reduces need to constantly scan the chart
- Improves situational awareness and trade timing
- Supports multi-asset monitoring with clarity
6. Dual SMA & EMA Overlay
Adds professional-grade trend filters with both SMA and EMA, giving traders more clarity and confluence without chart clutter.
How It Works
- Plots two adjustable moving averages: one SMA and one EMA
- SMA serves as a directional trend filter, EMA highlights momentum shifts
- Both moving averages can be integrated into the status box for instant comparison
- Optional cross signals indicate potential trend reversals or acceleration
How It Helps Traders
- Confirms trend alignment across both smooth (SMA) and reactive (EMA) perspectives
- Detects momentum shifts early to support entries, exits, and trade management
- Adds confluence when combined with support/resistance levels and multi-timeframe trends
- Provides a clear visual guide for swing, day, and position trading
7. Proximity & Trend Alerts
Professional-grade alerts ensure traders never miss actionable events.
How It Works
- Alerts when price approaches key levels within set distance
- Alerts on trend change or level break
- Configured once-per-bar for clarity
How It Helps Traders
- Supports breakout, reaction, and reversal strategies
- Reduces chart monitoring time
- Ensures key market shifts are noticed immediately
8. Fibonacci Levels Overlay
TrenVantage TRADER integrates dynamic Fibonacci retracements and extensions directly into your chart, giving you an advanced tool to anticipate potential reversal, continuation, and breakout zones.
How It Works
- Automatically detects the most recent significant swing high and swing low
- Draws retracement levels: 23.6%, 38.2%, 50%, 61.8%
- Draws extension levels: 127.2%, 161.8%
- Retracements follow the direction of the last swing; extensions project potential breakout targets
- Optional labels show the percentage level directly on the chart for clarity
- Fully adjustable opacity and visibility settings for clean visual representation
How It Helps Traders
- Highlights areas where price is likely to react or stall
- Supports both trend-following and counter-trend strategies
- Works in conjunction with support/resistance levels for confluence-based decision-making
- Adds an objective, mathematically-based reference for target setting and trade management
🚀 Getting Started (Quick Guide)
🔹Add the Indicator to Your Chart
- Works instantly on any timeframe or market
🔹Adjust the Settings
- Configure S/R levels, SMA, MTF trend, and alerts
🔹Watch Key Levels
- Red = Key Resistance Levels, Green = Key Support Levels
🔹Level Types
- By default, Tested Levels = Dotted, Untested Levels = Solid
🔹Monitor Status Box
- Check trend, SMA position, nearest levels, and market context
🔹Set Alerts
- Enable proximity, trend change, and level break notifications
📈 Best Practices for TrenVantage TRADER
🔹 Trend Confirmation:
- Combine ZigZag trend state, SMA, and MTF trend alignment.
🔹 Level Reactions:
- Observe price at the nearest support/resistance zones; proximity alerts help anticipate reactions.
🔹 Market Positioning:
-Use status box to quickly assess whether price is above, below, or between levels.
🔹 Confluence Building:
- Combine multiple levels, SMA, and MTF alignment for higher probability setups.
🔹 Professional Clarity:
- Up to 8 key levels are shown with strength ratings, balancing insight and chart readability.
📌 Disclaimer
This indicator is a technical analysis tool provided for informational and educational purposes only. It does not constitute financial advice, trading advice, or investment recommendations. All trading involves risk, and past performance does not guarantee future results. Always perform your own analysis and use proper risk management. You are solely responsible for any decisions made based on this tool.
If you'd like access or have any questions, feel free to reach out to me directly via DM.
Price Action ZigZag (Impulses & Corrections)This indicator tracks price structure by connecting significant swing highs and lows—giving a clear, actionable “ZigZag” view of market movement. It automatically maps the underlying price action as alternating impulses (trend legs) and corrections (pullbacks), directly on your chart, for any timeframe.
How does it work?
Swing Detection:
The script uses the user-selected “pivot length” to identify confirmed swing highs and lows with Pine Script’s ta.pivothigh and ta.pivotlow.
These pivots only print after full confirmation, making all lines strictly non-repainting.
ZigZag Drawing:
After pivots are captured, the indicator connects each alternating swing with lines that trace the progression of price structure.
Each line segment is mapped according to the sequence and direction of swings:
Impulse: Moves that break further away from prior swing in the same direction (continuations/uptrends/downtrends)
Correction: Moves that pull price back, but do not extend past the previous impulse (retracements/sideways action)
Impulse vs Correction Logic:
Bullish impulse: swing from a higher low to a higher high (fast upward moves after a low)
Bearish impulse: swing from a lower high to a lower low (fast downward moves after a high)
Corrections appear as smaller lines between alternating swing points not leading to new trend extension.
Labels & Colors:
Impulse lines are drawn teal (customizable), corrections in gray.
Tiny labels ("Impulse", "Correction") are shown for clarity (optional).
Most recent pivots are highlighted with yellow dots for quick visual reference.
Key Features:
User-adjustable pivot length controls sensitivity and structure size (scalp to swing).
Distinguishes between impulses and corrections instantly on the chart.
Labels and color coding for clarity—traders can spot trend continuation vs. pullback at a glance.
Non-repainting confirmed pivots and lines; never show incomplete data.
Fully customizable appearance—all colors and label display adjustable in settings.
Zero lookahead or repainting: all signals use confirmed, historical price only.
How to use:
Add to any chart and set 'Swing Length' to fit your trading style (shorter for scalping, longer for bigger structure).
Follow the ZigZag lines to see when price makes an impulse vs. correction, and use this to identify high-probability momentum or reversal zones.
Combine this script with your own analysis/strategy or other indicators for deeper context.
Adjust colors and label options for your preferred chart clarity.
Disclaimer:
This script is a visualization and analysis tool for educational purposes—it does not predict future price movement, guarantee results, or provide trading signals. Always use sound risk management and your own judgment in live trading.
Pivots High Low Live DetectionPivots High Low Live Detection
Identifies and visualizes swing highs and lows on the chart in real time.
Helps to observe evolving market structure by connecting confirmed or developing pivot points with lines and labels.
Using a configurable lookback, minimum deviation, and confirmation bar system, the indicator highlights new Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), and Lower Lows (LL) as they form.
When “Live (repainting)” mode is enabled, the current swing leg updates dynamically with each candle, giving immediate feedback as price develops.
When disabled, only confirmed pivots are plotted, ideal for historical validation and backtesting.
+ Key Features
Detects and labels major swing points (HH, HL, LH, LL).
Works in live or confirmed (non-repainting) mode.
Adjustable parameters for lookback, deviation (in ticks), and confirmation bars.
Lightweight and compatible with any timeframe or symbol.
Includes runtime alerts for new structural pivots and direction shifts.
+ How to Use
Adjust the inputs under the “Pivots” group to control sensitivity.
Enable “Live (repainting)” to see developing swing legs, or disable it for confirmed structure only.
Use alerts to track structural changes or potential trend reversals.
Kameniczki RSI MASTERKAMENICZKI RSI MASTER is a professional trading indicator based on RSI (Relative Strength Index) with advanced features for precise identification of trading opportunities. The indicator combines classic RSI analysis with intelligent Zig Zag system and smoothing techniques for maximum signal accuracy.
Features:
RSI Analysis with Gradient Display
The indicator displays RSI in the lower panel with color gradient - blue for overbought zones and pink for oversold zones. RSI is calculated with adjustable period (recommended 14 for daily charts, 7-9 for shorter timeframes).
Zig Zag Signal System
Intelligent Zig Zag system generates BUY and SELL signals based on RSI extremes. The system automatically identifies swing points and creates clear visual markings with blue BUY and pink SELL labels.
Smoothing Moving Average
Advanced smoothing techniques supporting SMA, EMA, SMMA, WMA and VWMA. MA is displayed in price chart with dual-color system - blue for rising trend, pink for falling trend.
Bollinger Bands Integration
Optional Bollinger Bands around RSI and price for volatility identification and potential breakouts. Bands automatically adapt to market conditions.
Comprehensive Alert System
Extensive alert system includes Zig Zag signals, RSI levels, MA direction changes, BB touches and combined strong signals for maximum trading accuracy.
Real-Time Trend Analysis
Instant trend identification with priority for actual price direction. System displays current trend (BUY/SELL/WAIT) and risk analysis with visual table.
Risk Management
Automatic volatility and risk level analysis with percentage expression. System identifies high and low risk periods for safer trading.
Recommended Timeframes:
- 1H, 4H, 1D - optimal for swing trading
- 15M, 30M - for day trading
- 1W - for position trading
Success Rate:
- Zig Zag signals: 75-85% accuracy
- Combined strong signals: 80-90% accuracy
- Trend identification: 70-80% accuracy
- Overall system success: 75-85% with proper settings
⚠️ IMPORTANT WARNING: Zig Zag signals may cause repainting on lower timeframes. For live trading, use higher timeframes (15M, 1H+) or wait for signal confirmation to avoid false signals.
The indicator is suitable for all types of traders - from beginners to professionals, with detailed parameter adjustment options according to individual needs.
KD-10-20 Cross No Chop ChopThis strategy avoids 80% of the choppy trades. Take entry when it gives a buy signal and put TP and SL as per your convenience. Happy Trading!
Wolfe Waves [BigBeluga]🔵 OVERVIEW
The Wolfe Waves pattern was first introduced by Bill Wolfe , a trader and analyst in the 1980s–1990s who specialized in market geometry and natural rhythm cycles. Wolfe observed that price often forms symmetrical wave structures that anticipate equilibrium points where supply and demand meet. These formations, called Wolfe Waves , gained popularity as a reliable pattern for forecasting both short- and long-term reversals.
The Wolfe Waves indicator automatically detects these patterns in real time. It tracks sequences of five pivots (points 1 through 5) and connects them with wave lines. Users can select either Bullish or Bearish Wolfe Waves depending on their trading bias. When the pattern fails, the lines automatically turn red to highlight invalidation.
🔵 CONCEPTS
Five-Point Structure – Wolfe Waves are defined by five pivots (1–5), which together form the basis of the wave pattern.
Bullish Pattern – Occurs when price compresses downward into point 5, signaling a potential upside reversal.
Bearish Pattern – Occurs when price extends upward into point 5, forecasting a downside reversal.
Validation & Failure – The pattern is considered valid once all five pivots form; if price fails to respect the expected breakout, the indicator marks the structure as broken with red lines.
🔵 FEATURES
Automatic detection of Bullish and Bearish Wolfe Waves.
Labels each pivot (1–5) on the chart for clarity.
Draws connecting lines between pivots to visualize the wave structure.
Projects target/dashed lines (EPA/ETA) based on Wolfe Wave geometry.
Lines automatically turn red when the pattern is broken, giving immediate feedback.
Customizable color scheme for bullish (lime) and bearish (orange) waves.
Adjustable sensitivity for pivot detection.
🔵 HOW TO USE
Choose between Bullish or Bearish mode depending on your analysis.
Watch for the formation of all five pivots; the indicator labels them clearly.
Look for potential entries near point 5, with the expectation that price will travel toward the projected EPA line.
Use invalidation (lines turning red) as a risk management warning to exit failed setups.
Combine with momentum, volume, or higher-timeframe analysis to increase reliability.
🔵 CONCLUSION
The Wolfe Waves brings the classic Wolfe Wave theory into an automated TradingView tool. Inspired by Bill Wolfe’s original concept of natural market cycles, this indicator detects, labels, and validates Wolfe Waves in real time. With automatic invalidation marking and customizable settings, it offers traders a structured way to harness one of the most well-known geometric reversal patterns.
TrenVantage LITE TrenVantage LITE - Smart Trend Detector
"Professional ZigZag trend detection with real-time alerts and market structure analysis. Clean interface shows trend direction, price changes, and swing data."
TrenVantage LITE delivers professional-grade trend detection using advanced ZigZag analysis to identify market structure and trend changes in real-time. Built with a logic that goes beyond basic pivot detection, this free version provides essential trend analysis tools with a clean, intuitive interface designed for traders of all experience levels.
Key Features:
Advanced Trend Detection
Smart ZigZag Algorithm: Proprietary trend foundation model based on market structure principles
Customizable Sensitivity: Choose between Points or Percentage-based deviation settings
Real-Time Updates: Calculate on bar close or tick-by-tick for immediate trend changes
Flexible Analysis: 15-25 bar lookback range with 20-bar default setting
Visual Analysis Tools
Clean Trend Lines: Customizable color and width for optimal chart visibility
Professional Interface: Modern status box showing current trend and price metrics
Multiple Positioning: Place status box in any corner to match your chart layout
Market Structure: Clear visualization of swing highs and lows
Smart Alerts System
Trend Change Notifications: Instant alerts when market transitions between uptrend and downtrend
Reliable Detection: Confirmed trend changes based on significant price movements
Multiple Alert Options: Compatible with TradingView's alert system
How It Works
TrenVantage LITE uses a sophisticated ZigZag algorithm that goes beyond simple pivot detection. Our proprietary "trend-start model" identifies meaningful market structure changes by:
Analyzing Price Action: Uses high/low or close prices based on your preference
Filtering Noise: Customizable deviation thresholds eliminate false signals
Confirming Trends: Only signals trend changes after significant price movement
Tracking Structure: Maintains swing history for comprehensive analysis
Status Box Information
The integrated status box provides at-a-glance market information.
Current Trend Direction: Clear uptrend/downtrend identification with visual indicators
Live Price Data: Current price with session change and percentage movement
Swing Analysis: Number of detected swings with trend-only limitation indicator
Clean Design: Professional appearance that doesn't clutter your chart
Settings & Customization
ZigZag Parameters:
Deviation Type: Points (fixed price difference) or Percent (percentage change)
Deviation Value: Minimum price movement required to create new swing
Use High Low: Toggle between high/low prices vs close prices for analysis
Calculate Mode: Choose bar close confirmation or real-time tick updates
Lookback Range: Adjust historical analysis from 15-25 bars
Visual Controls
Trend Line Color: Customize line color to match your chart theme
Line Width: Adjust thickness from 1-4 pixels for optimal visibility
Status Box: Toggle display and choose corner positioning
Best Practices:
Timeframe Selection
Scalping (1-5min): Use 0.3-0.8 Points deviation with tick calculation
Day Trading (15-60min): Use 1-3 Points or 0.2-0.5% deviation
Swing Trading (4H-Daily): Use 0.5-1.5% deviation with bar close calculation
Getting Started
Add to Chart: Apply TrenVantage LITE to your preferred timeframe
Adjust Settings: Configure deviation and visual preferences
Set Alerts: Enable trend change notifications for your trading strategy
Analyze Trends: Use the status box and visual lines to identify market direction
Upgrade When Ready: Explore RETAIL version for Support/Resistance levels
Ready to Level Up? Upgrade to TrenVantage RETAIL
While TrenVantage LITE provides solid trend analysis, TrenVantage RETAIL transforms your trading with professional-grade market structure tools:
What You're Missing in LITE:
Support and Resistance level detection - automatically identifies key price levels where markets react
Price labels on levels - see exact values instantly without hovering or zooming
Enhanced status box - shows distance to nearest support/resistance for timing entries and exits
Up to 5 key levels - comprehensive coverage of important price zones
Level strength indicators - understand which levels are most likely to hold
Professional workflow - combines trend analysis with key level identification
TrenVantage RETAIL takes the solid trend foundation you see in LITE and adds the critical support/resistance analysis that serious traders rely on daily.
Disclaimer: Trading involves risk of loss. This indicator is for educational and analysis purposes. Past performance does not guarantee future results. Always use proper risk management and never risk more than you can afford to lose.
