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NIMBUS [ThrowMaster]NIMBUS — Ichimoku, Reimagined
Classic Ichimoku is brilliant at one question: "Where is the market right now — above, below, or inside equilibrium?" It is far weaker at a second question every trader actually asks: "What is the market about to do?" NIMBUS keeps the timeless Ichimoku framework intact and adds three dimensions built to close that gap — while staying, above all, honest about what it is: a context compass, not a signal service.
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WHAT NIMBUS ADDS
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⭐ Kumo Calendar — Twist Countdown
Here is a fact most traders overlook: the cloud in front of price is already fully drawn. It is built entirely from bars that have ALREADY closed, then shifted forward. That means the next Kumo twist — the moment Senkou Span A and B swap places — is knowable in advance. NIMBUS scans the forward cloud and counts the exact number of bars until that twist reaches price, and warns you when a thin (weak-support) section is approaching. Ichimoku's most-criticised trait, its lag, becomes a schedule you can read ahead of time.
🩵 Breath — Volume-Reactive Cloud
A traditional cloud shows only price geometry; two identical-looking clouds can hide wildly different conviction. NIMBUS makes the cloud breathe: it grows more solid on high-participation bars and fainter on quiet ones, using a rolling volume percentile. Strength becomes something you feel at a glance, not something you have to calculate. (If a symbol reports no volume, the cloud simply falls back to a fixed opacity — no errors, no false readings.)
🎯 Tenkan / Kijun Cross Clarity
The Tenkan–Kijun cross is one of Ichimoku's core events, yet on most charts it hides in a tangle of lines. NIMBUS marks it precisely: a teal circle at the exact price and bar of a bullish cross, coral for bearish. No hunting, no guessing.
◈ Alignment Hints
When four independent Ichimoku dimensions agree — price vs cloud, Tenkan vs Kijun, cloud colour, and the lagging read — AND price reclaims or loses the cloud on a confirmed bar, NIMBUS prints a small diamond. Think of it as a puzzle-game hint: a nudge to look at the right place at the right time. It is deliberately NOT a buy or sell command, and it never gives a target.
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HOW IT WORKS
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NIMBUS uses the standard Ichimoku engine — Tenkan (9), Kijun (26), Senkou Span A/B, and the lagging span, all fully adjustable. "Price vs cloud" always compares price to the cloud value formed 25 bars ago — the cloud actually sitting beneath price — so the reading reflects real, settled structure. The Breath layer reads a 100-bar volume percentile. The Twist Countdown walks the already-shifted forward cloud bar by bar. The dashboard summarises everything in one compact, theme-aware panel with a mobile Compact Mode.
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HOW TO USE
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• Read the cloud for trend context: above = bullish structure, below = bearish, inside = balance/chop.
• Watch the Twist Countdown to anticipate when the cloud's support/resistance character is about to flip — useful for planning, not for firing blind.
• Let Breath tell you whether a move carries participation or is running on fumes.
• Treat Hints as a reason to zoom in and do your own analysis, never as an instruction.
• Combine with your own risk management. NIMBUS describes context; your plan decides the trade.
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ON REPAINTING (honest)
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Once a bar closes, every Tenkan/Kijun/Span value is fixed and never redrawn. Hints and cross circles are all confirmed on bar close, so a printed mark cannot later disappear. The forward cloud is built only from closed bars, so it is fixed the moment it appears. Like all Ichimoku tools, values on the CURRENT, still-forming bar update in real time until that bar closes — this is inherent to the framework, not hidden repainting, and it is documented directly in the code comments.
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WHAT MAKES IT ORIGINAL
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NIMBUS is not another line pack bolted onto Ichimoku. The Kumo Calendar reframes the forward cloud as a countdown rather than a static shape; Breath encodes participation into the cloud's opacity; and the whole tool is presented as an explicit, self-aware CONTEXT instrument — it tells you what the market is, and refuses to pretend it knows your trade. The code is fully open for you to read, study, and learn from.
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NOTE
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No indicator predicts the future or guarantees results, and NIMBUS makes no such claim. It is a decision-support and context tool. Markets involve risk; always use independent judgement and sound risk management. Not financial advice.
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True RSITrue RSI | MisinkoMaster
The True RSI is a sophisticated reimagining of classical momentum. While the standard Relative Strength Index has served as a cornerstone of technical analysis for decades, it possesses a fundamental limitation: it treats all price movements equally, regardless of the time elapsed since the market made its last major peak or trough. The True RSI solves this structural blind spot by merging price magnitude with temporal trend strength, weighting gains and losses according to their cyclical maturity.
By dynamically scaling price changes against the time-distance of local extremes, this indicator filters out lateral market noise, reduces false overbought and oversold readings during strong trends, and delivers highly responsive execution signals.
How It Works (The Core Architecture)
Instead of relying solely on arithmetic averages of upward and downward price closes, True RSI filters raw market data through a multi-dimensional momentum matrix:
Temporal Trend Weighting: The algorithm continuously tracks how recently the market has formed local highs and lows. Gains are mathematically weighted against the strength of the upward cycle, while losses are weighted against the strength of the downward cycle.
Cycle-Weighted Ratio: The accumulated, time-weighted gains and losses are calculated over your lookback period to establish a true relative strength ratio. If gains occur during an actively surging upward cycle, they are heavily amplified; if they occur during a dying trend, they are heavily discounted.
Smoothing and Normalization: This ratio is translated into a normalized scale bounded between 0 and 100, providing an incredibly smooth yet responsive oscillator curve alongside a secondary momentum velocity histogram.
Key Features
Time-Weighted Velocity: True RSI prevents premature exhaustion signals during strong, healthy trends because it understands the cyclical age of the current market move.
On-Chart Candle Morphing: The system automatically tracks the oscillator state and alters the colors of your main price bars to keep you visually aligned with the macro trend.
Overlay Execution Labels: Prints pristine Long and Short labels directly on your price pane the moment the underlying structural momentum shifts past your designated thresholds.
Internal Divergence Histogram: Built directly behind the main oscillator is a custom acceleration histogram that monitors the rate of change of the index, pinpointing hidden momentum shifts before they reflect in the price.
Input Parameters & Optimization Guide
Lookback Period: Controls the baseline window for both the cycle-strength calculations and the price change evaluations. A default of 21 bars balances macro trend stability with immediate short-term utility.
Long / Short Thresholds: The structural boundaries that dictate trend shifts. By default, crossing above 50 signals a bullish regime, while dropping below 50 initiates a bearish regime.
Overbought / Oversold Thresholds: Tailored extremes designed to isolate true premium and discount zones. The default 80 and 20 boundaries act as high-probability mean-reversion targets.
Trading Strategies & Execution
Trend Regime Shift
When momentum builds structural backing, the indicator updates its trend state:
A crossing of the True RSI above the Long Threshold triggers a green Long label on the chart, changing candle colors to vibrant green.
A crossing of the True RSI below the Short Threshold triggers a pink Short label, shifting candle colors to pink.
Exhaustion Reversals
Because price movement is weighted against cycle time, entering the overbought (80) or oversold (20) zones represents a market that is genuinely overstretched both in terms of price velocity and time. Reversals from these zones carry high statistical significance for counter-trend scalps or trailing-stop targets.
Acceleration Divergences
Watch the central histogram centered around the 50 line. When the price is grinding flat but the histogram starts to rise or fall aggressively, it shows that the internal speed of the True RSI is accelerating. This hidden momentum often foreshadows explosive breakout expansions.
Disclaimer: Trading financial markets involves high risk. This technical script is designed as an informational analytical tool to support your rule-based mechanical execution system and does not constitute financial advice. Gösterge
ATR Trend Band by ByblloATR Trend Band by Bybllo
This indicator plots a smoothed trend line (the "rope") that only moves once price has traveled beyond an ATR-based threshold from its last position, so small back-and-forth noise is absorbed and the line only steps in the direction of a genuine move. Around that rope line, a stepped upper/lower band tracks the highs and lows of the current directional leg, and the space between the rope and each band is filled with a true color gradient — strong color near the band, fading to transparent near the rope — so the current trend direction and its "room" are visible at a glance. When the rope's direction flips, a short transition window is highlighted with its own color and an optional cloud, so brief reversals or whipsaws are visually distinguished from an established trend.
Key Features
ATR-threshold "rope" smoother: the center line only moves once price has moved beyond (ATR length × ATR multiplier) from the line's current value, filtering out minor noise while still reacting to genuine directional moves.
Stepped upper/lower band that resets to the current high/low on a fresh directional leg and then expands to track the extremes of that leg, with the opposite band computed as rope ± the ATR threshold.
True gradient cloud fill between the rope and each band, with an adjustable steepness control for how quickly the color fades toward the rope line.
Distinct up / down / transition coloring on the rope line and the outer band lines, so the current trend direction is clear without reading numbers.
Optional transition-zone cloud that highlights the short window right after a directional flip, before the new trend is considered established.
Real-price calculation via request.security() keeps the indicator consistent regardless of chart type (Heikin Ashi, Renko, etc.).
How to Use
Treat the rope line's color and slope as the current trend direction; a color change (through the transition color) signals a potential shift in direction.
Use the stepped band as a dynamic support/resistance reference for the current leg — price re-testing the band without breaking the rope's direction can be read as a continuation, while a rope flip against the band suggests the leg may be ending.
Lower the "Gradient Steepness" input for a shorter, more intense color burst near the band edges, or raise it for a smoother gradient spread across the full band width.
Turn on "Show Transition Cloud" if you want the brief post-flip window visually flagged, which can help you avoid reacting to whipsaws immediately after a direction change.
Adjust "ATR Length" and "ATR Multiplier" together to control how sensitive the rope is: a smaller multiplier reacts faster but flips more often, while a larger multiplier is slower but more stable.
Notes
The gradient fill relies on Pine's built-in fill() gradient feature, which is supported across all account tiers (free and paid).
The transition window auto-clears after 5 bars if the rope has not resumed its prior direction, so it always reflects a short, recent window rather than an indefinitely "stuck" state. Gösterge
HA Zero-Wick Screener (20 Symbols)Heikin Ashi terms:
Bullish setup: Previous HA candle is green (bullish) with no lower wick (HA_Open = HA_Low, i.e., a "clean" green candle), AND current HA candle is also green and closes above the previous candle's close.
Bearish setup: Previous HA candle is red (bearish) with no upper wick (HA_Open = HA_High, i.e., a "clean" red candle), AND current HA candle is also red and closes below the previous candle's close.
Before I write the Pine Script, let me check a couple of things with you.Q: For the 'no wick' condition, how strict should it be?
A: Exactly zero wick (HA_Open = HA_Low/High exactly)Q: What format do you want the final output in?
A: Pine Script strategy/indicator with a screener table (shows on chart)Q: Do you want this to scan a fixed watchlist of symbols you input, or work as an indicator applied per-chart (and you use TradingView's built-in Screener with 'Add indicator' filter)?
A: Fixed list of symbols typed into the script (table shows all at once)Show moreNow I'll build a Pine Script indicator that:
Lets you type in a list of symbols (editable in settings, plus an on-chart way to note which ones you're tracking)
Computes Heikin Ashi values for each symbol using request.security
Checks your exact bullish/bearish wick conditions
Displays everything in a clean table on the chart
A few technical notes before the code:
Exact zero wick on Heikin Ashi is rare on live/unclosed candles (HA smooths values), so I'll check it on the last closed bar to get true zero-wick detection, and I'll also add a tiny epsilon-safe comparison purely to avoid floating point rounding issues (not a "tolerance" for the pattern itself — this is standard practice for equality checks in Pine).
TradingView limits request.security calls — a table-based multi-symbol screener can safely hold around 40 symbols per script. I'll set it up so you can easily edit the list.
I'll show: Symbol, Last Close, Signal (Bullish/Bearish/None), and the candle color for context.
Let me write this now.Ran 2 commands, created a file, read a fileRan 2 commands, created a file, read a fileHow to use it:
Open TradingView → Pine Editor → paste the script → "Add to Chart."
Click the gear icon (settings) on the indicator → edit the Symbols field (comma-separated, e.g. NSE:RELIANCE,NSE:TCS,...) to add/remove tickers.
Choose your Timeframe (defaults to Daily) and toggle "Show only rows with a signal" to filter the table down to just Bullish/Bearish hits.
How the logic works:
Bullish: previous HA candle is green with HA_Open == HA_Low (zero lower wick) AND current HA candle is green AND current HA close > previous HA close.
Bearish: previous HA candle is red with HA_Open == HA_High (zero upper wick) AND current HA candle is red AND current HA close < previous HA close.
Table shows Symbol, Last Close, HA candle color, and Signal, color-coded (green row = bullish, red row = bearish).
Important limitations to know:
TradingView caps request.security calls per script at 40. The script above has 10 example symbols — you can extend up to 40 total before it'll throw an error. If you need more, you'd need multiple copies of the script or TradingView's actual Stock Screener with a custom Pine screener script (separate product from indicators, works differently).
Exact-zero-wick is a strict condition — on many stocks this will rarely trigger since HA candles usually have at least a tiny wick. If you find signals are too rare, you may want to loosen this later (I can add a small tolerance % as an input if needed).
This works as a chart overlay, not inside TradingView's native "Screener" UI panel — it's a table drawn on whatever chart you apply it to, showing all your symbols regardless of which chart is open. Gösterge
Buy Sell Badge with ADX by ByblloBuy Sell Badge with ADX by Bybllo
This indicator generates Buy/Sell badges from a Fast/Slow EMA crossover (the "BSB" signal), then automatically manages an ATR-based stop loss and a risk:reward-based take profit for each signal, showing the resulting entry/stop/target levels directly on the chart along with a live status table.
On top of the EMA-based signal, an optional ADX strength filter can be enabled: when turned on, a badge is only shown if ADX is either at/above an upper threshold or at/below a lower threshold at the time of the signal — i.e. either a strongly trending market or a clearly non-trending one, whichever regime you choose to trade around. Position management (entry, stop loss, take profit, invalidation) always runs on the underlying EMA "BSB" signal regardless of the ADX filter; the filter only controls whether a badge and its risk-management lines are displayed.
Key Features
Fast/Slow EMA crossover generates the base Buy/Sell signal, with an optional candle-confirmation requirement (close beyond open in the signal direction).
Automatic ATR-based stop loss and configurable Risk:Reward take profit are calculated for every new signal, with intermediate take-profit levels plotted when Risk:Reward is greater than 1.
Optional "BSB + ADX" filter: a badge is only shown when ADX is at or above an upper threshold, OR at or below a lower threshold, at the time of the EMA signal — letting you badge-filter for either strong-trend conditions (ADX high) or quiet/ranging conditions (ADX low), while suppressing badges in the ambiguous middle zone.
On-chart entry / stop-loss / take-profit lines and an SL distance (in points) label, both toggleable and only shown while a badge has actually been displayed for the active position.
Take-profit, stop-loss, and "invalidated" (opposite signal fired before target/stop was hit) markers are plotted separately so you can see exactly how each trade idea played out.
A live status table (top-right) shows the current position, entry, stop loss, take profit, and realized Risk:Reward.
Real-price calculation via request.security() keeps signals consistent regardless of chart type (Heikin Ashi, Renko, etc.).
A full set of alertcondition() calls for Buy/Sell signals, take-profit hits, stop-loss hits, and invalidated entries.
How to Use
Leave "BSB + ADX" unchecked to use the EMA crossover badges on their own, with no ADX-based filtering.
Check "BSB + ADX" and set the upper/lower thresholds to only badge signals that occur when ADX confirms your preferred market regime — for example, a high upper threshold badges only strongly trending breakouts, while a low lower threshold badges only signals from quiet, low-ADX conditions.
Watch the on-chart entry/SL/TP lines and the status table to track an open idea's risk and progress in real time.
Set up alerts on the "Buy/Sell Signal", "Entry Signal", "Take Profit Hit", "Stop Loss Hit", or "Entry Invalidated" conditions depending on which events you want to be notified about.
Notes
Unlike a DMI golden-cross / dead-cross confirmation filter, this version filters purely on the ADX strength value itself (above an upper threshold or below a lower threshold), without checking DI+/DI- direction.
Stop-loss and alert-sensitivity offsets are point-based and will need adjusting per instrument (see the tooltips on those inputs).
This indicator does not place real orders; it is a visual / alerting tool for tracking a rules-based EMA (optionally ADX-filtered) trade idea. Gösterge
DMI Badge by ByblloDMI Badge by Bybllo
This indicator plots simple Long/Short badges based purely on the Directional Movement Index (DMI): a Long badge appears on a golden cross (DI+ crossing above DI-) and a Short badge appears on a dead cross (DI- crossing above DI+), with both filtered by a minimum ADX threshold so only crosses backed by sufficient trend strength are marked. It is a lightweight, standalone way to see DMI golden-cross / dead-cross signals directly on the chart without having to watch the DI+ / DI- lines separately.
This script is also intended as a reference companion to "Buy Sell Badge with DMI by Bybllo": that indicator's optional "BSB + DMI" filter uses this exact same DMI golden-cross / dead-cross + ADX logic internally to confirm its EMA-based signals. Running this indicator alongside it lets you see the underlying DMI badges on their own, independent of the EMA signal, so you can verify or tune the DMI-side behavior (length, ADX threshold, badge spacing) before relying on the combined confirmation filter.
Key Features
Long badge on a DMI golden cross (DI+ crossing above DI-), Short badge on a DMI dead cross (DI- crossing above DI+).
ADX threshold filter: a badge is only shown when ADX is at or above your configured minimum, filtering out crosses that lack real directional strength.
Badge spacing (cooldown) input prevents duplicate badges from firing on consecutive bars after a signal.
Real-price calculation via request.security() keeps signals consistent regardless of chart type (Heikin Ashi, Renko, etc.).
alertcondition() calls for both Long and Short badges, ready to use for TradingView alerts.
How to Use
A Long badge below the bar means DI+ has just crossed above DI- with ADX at or above your threshold — a bullish directional shift with trend strength behind it.
A Short badge above the bar means DI- has just crossed above DI+ with ADX at or above your threshold — a bearish directional shift with trend strength behind it.
Raise the ADX threshold to show fewer, higher-conviction badges; lower it to see more crosses, including weaker ones.
Increase "Badge Spacing" if you want more separation between consecutive badges on choppy charts.
If you use "Buy Sell Badge with DMI by Bybllo" with its "BSB + DMI" filter enabled, keep the DMI Length, ADX Threshold, and Badge Spacing here aligned with that indicator's DMI settings so the two stay in sync.
Notes
This indicator only plots DMI-based signals; it does not include any EMA logic, stop-loss/take-profit management, or position tracking. For a combined EMA + DMI signal with risk management, see "Buy Sell Badge with DMI by Bybllo". Gösterge
Support & Resistance Confluence Levels, Hold Record & ReversalOVERVIEW
Four lines. Two above price, two below. That is the whole chart.
Every other support/resistance tool has the opposite problem. It finds forty levels and leaves you to work out which two matter. Forty levels is not information, it is wallpaper — and a level you have to hunt for is a level you will not trade.
So this tool inverts the design. It does not ask "where are the levels?" It asks:
WHICH LEVEL WOULD I ACTUALLY TRADE, RIGHT NOW, AND WHY SHOULD I BELIEVE IT?
A price is only promoted to a level when SEVERAL INDEPENDENT METHODS AGREE ON IT. One method finding a level proves nothing — every method finds levels everywhere. The signal is AGREEMENT.
This is a research and framing tool. It is NOT a strategy, NOT a signal service, and NOT a validated edge.
THE SIX VOICES — four propose, two confirm
PROPOSERS. Each nominates candidate prices, independently:
◆ SWING PIVOT the classic. Where price actually turned.
~ KERNEL EXTREMUM the turning point of the SMOOTHED price (Nadaraya-Watson), which is the shape
rather than the noise. This is Lo, Mamaysky and Wang's method, and it finds
structurally different levels from a raw pivot. That independence is exactly
what makes agreement between the two worth something. Agreement between two
methods that make the same mistakes is worth nothing at all.
⇈ HIGHER TIMEFRAME a swing on the HTF. The level a bigger participant is watching.
▣ PRIOR PERIOD yesterday's high and low. Last week's high and low. The most watched prices on
any chart — and missing from almost every auto-S/R script on TradingView.
CONFIRMERS. They do not nominate, they vouch:
▪ VOLUME NODE the level sits where volume actually transacted. Real business was done here,
not merely a turning point.
○ ROUND NUMBER the psychological grid.
Candidates within an ATR tolerance merge, and the merged level inherits every voice that spoke for it. A level needs MIN VOICES to exist at all. Everything below that is DISCARDED, not hidden. Then only the nearest two above and two below are drawn.
The label tells you why the level is there: "◆~▣▪ 4v held 3/4 24,247.00" — four independent voices, tested four times, held three.
AND THEN THE PART NOBODY DOES: WE TEST WHETHER CONFLUENCE ACTUALLY RANKS
"Levels are stronger when several methods agree" is one of the most repeated claims in technical analysis and almost nobody has ever checked it. It is checkable. So the panel reports:
High confluence (3+) +0.24R n=61 PROVEN
Low confluence -0.03R n=88
Control (unconditional) +0.02R n=240
DOES CONFLUENCE RANK? YES — more voices IS better
And the control is DIRECTION-MATCHED. Reversals at support are overwhelmingly LONG on a drifting index — and a long-biased event set compared against a 50/50 control is handed the drift for free and calls it an edge. Longs are compared only with control longs, shorts only with control shorts, and the control is then blended back using the events' OWN direction mix. It is a subtle trap and it will manufacture an edge out of nothing if you let it.
And the verdict is a TEST, not a comparison. High confluence is measured against low confluence with a Welch t-test, and the difference must clear |t| > 1.96 before it is allowed to be a finding. Below that, the panel prints the least satisfying answer there is — NO DIFFERENCE — because that is the honest one. A tool that reports a 0.02R gap as a verdict is not measuring anything, it is decorating.
If the extra voices do not rank on your instrument, then on your instrument they do not rank, and no amount of agreement between methods will change that. That row is the reason this script exists.
THE HOLD RECORD — and why "held 3/4" is not what most scripts mean by it
A TEST IS AN EPISODE, NOT A BAR. Price arrives at the level and the test stays OPEN until price LEAVES it — back the way it came (HELD) or straight through (BROKE). A bar that closes INSIDE the zone has resolved nothing and is counted as nothing.
Counting every touching bar as a completed test drops an entire consolidation into the denominator as failures, and manufactures hold rates near 10% that say nothing about the level and everything about the counter. An unresolved test is neither a hold nor a break, exactly as an unresolved trade is neither a win nor a loss.
AND A TEST IS AN APPROACH, NOT A BAR TOUCHING A BOX. Price exits the zone (HELD), the next bar dips straight back in — and without a re-arm rule that counts as a brand-new test. Chop sitting on a level then logs a hundred "tests" that were really one event. Measured live before this was fixed: 224 tests of a single level on a 5m chart, and hold rates that all landed between 61% and 75% no matter which level you looked at. A statistic that cannot tell any two levels apart is not measuring the levels — it is measuring the bar size. Price must now travel clear of the zone before the level can be tested again. One approach, one test.
The volume filter gates the SIGNAL and never the RECORD. A level that holds on thin volume still HELD. Quietly dropping it from the numerator while leaving it in the denominator is how a hold rate gets manufactured.
IF TWO ZONES OVERLAP, THEY ARE THE SAME LEVEL
The merge tolerance is held to at least the combined zone half-widths. Otherwise two levels a fraction of an ATR apart refuse to merge and then draw overlapping boxes anyway, and the geometry contradicts itself on the chart for anyone to see. It is a small thing that quietly tells you the tool was never looked at.
A LEVEL IS AN ANCHOR, NOT A TRAILING AVERAGE
Levels merge as new candidates arrive, and the merged price is a COUNT-WEIGHTED mean: the tenth candidate moves the level by a tenth of the gap, not half of it. This sounds like a detail. It is not. A level that moves halfway toward every new candidate will slide toward price — because price is where new candidates come from — until it is no longer an anchor at all, but a trailing average sitting in the middle of the action, "tested" on every swing. The maths here is the difference between a level and a moving average with extra steps.
Levels are retired by DISTANCE, and confluence buys REACH. A level far from price is useless however many voices it has; a level at price is what you are trading. But eviction cannot simply drop the weakest, either — every level is BORN with one voice, so a weakest-first rule kills every new level in the cradle, before it can earn a second, and the chart slowly fills with ancient far-away fossils while nothing can form where price actually is. Confluence buys a level the right to be further away. It does not buy it immortality.
THE REVERSAL TRADE — because nobody looks at a level to admire it
Price tests the level and closes back out. Entry at the CLOSE, stop beyond the level, target a fixed R multiple.
ENTRY IS THE CLOSE, for the event and for the control alike. A rejection is a SIGNAL, not a fill.
Entering at the level — a better price — while the control enters at the close hands every level a
free head start, and it would "win" without the level having done anything at all.
THE R MULTIPLE IS FIXED so that the event and the control are measured on IDENTICAL geometry. A
variable target against a fixed-target control is not a comparison: the near target is reached more
often AND resolves inside the grading horizon more often, so the two are not even being asked the
same question.
THE NEXT OPPOSING LEVEL is drawn too, and separately tested: is it reached before the stop, and HOW
FAR AWAY IS IT IN R? A hit rate with no distance attached is a fact about the distance, not about
the levels — a target half a unit of risk away being reached often proves nothing.
Signals fire only at the levels actually on screen. Every level keeps its record; only the ones you are watching can fire. You do not trade a level twelve levels away from price.
And when a level BREAKS, you are told. A level holding is the reversal; a level giving way is the other half of why anyone draws one. Breaks are marked with an x and carry their own alerts — reported as pure information, with no trade framed and no claim made, because the break is not what this engine calibrated. Saying so is cheaper than pretending otherwise.
NON-REPAINT, AND ITS HONEST COST
Pivots confirm some bars late. The kernel extremum confirms a half-window late — a centred kernel looks into the future, and we refuse to. So a level appears some bars AFTER the swing that created it. That lag is the price of not repainting and it is paid deliberately.
Levels, tests, holds, breaks, signals and every calibration event are computed on CONFIRMED bars only. The HTF read uses lookahead_off. Nothing is drawn and then moved.
DATA AND SCOPE
Any symbol, any timeframe. ATR-normalised throughout. Volume improves the score but is NOT required — without it the volume-node voice simply abstains rather than guessing.
HOW TO USE
0. Turn the KEY on once (Dashboard & theme > Show the key). It explains the six glyphs. Turn it off
again — you only need it the first time.
1. MIN VOICES is the one input that matters. 1 gives you the forty-line wallpaper every other S/R
script gives you. 2 requires agreement. 3 shows only the prices several independent methods
arrived at on their own. Raise it until the chart shows levels you would actually trade.
2. Read the hold record. "Held 3/4" tells you more than any colour ever will.
3. READ THE CONFLUENCE VERDICT BEFORE YOU WEIGHT ANY OF IT. If the voices do not rank here, a level
is a LOCATION, not a probability — treat it as context, not as a signal.
4. Wait for the rejection: price into the level, close back out, on real volume.
5. Entry, stop and target are drawn. They are arithmetic, not advice.
ALERTS
Support held · Resistance held · Any rejection · Support broke · Resistance broke
EXPORTS (Data Window — consume from other scripts via input.source())
EXP_Sup1, EXP_Sup2, EXP_Res1, EXP_Res2, EXP_SupVoices, EXP_ResVoices, EXP_Signal, EXP_Entry, EXP_Stop, EXP_Target, EXP_ConfluenceEdge
CONCEPT CREDIT
Support/resistance and polarity are long-standing public trading concepts with no single author; the written tradition runs through Charles Dow, Richard Wyckoff and Edwards & Magee.
The TRADING-RANGE BREAK — the formal S/R rule — was first tested at scale by William Brock, Josef Lakonishok and Blake LeBaron, "Simple Technical Trading Rules and the Stochastic Properties of Stock Returns", Journal of Finance 47(5), 1992. Their findings were later shown to be vulnerable to data-snooping (Sullivan, Timmermann and White, 1999) — which is precisely why this tool MEASURES the rule on your instrument instead of asserting it.
Nonparametric kernel regression for level detection is from Andrew W. Lo, Harry Mamaysky and Jiang Wang, Journal of Finance 55(4), 2000; the Nadaraya-Watson estimator is due to Nadaraya and Watson (1964). ATR — J. Welles Wilder. Triple-barrier forward labelling — Marcos Lopez de Prado. Welch's t-test — B. L. Welch.
The confluence gate, the voice model, the episode-based hold record, the confluence-ranking test and the direction-matched control are the author's own. Clean-room implementation; no third-party Pine code is reused. Not affiliated with, nor endorsed by, any of the above.
HONESTY AND LIMITATIONS
Calibration is IN-SAMPLE, with no costs or slippage, and uses overlapping windows. A proven in-sample edge is NOT a guarantee out-of-sample. Real fills, spreads and commissions will reduce it.
The confluence gate is one rule among many — a different tolerance gives different levels.
Confluence is TESTED here, not assumed. If the panel says the extra voices do not rank, then on this instrument they do not, and no amount of agreement between methods will change that.
Both barriers on one bar: the STOP is assumed first — conservative, and the only assumption that cannot flatter the result. Unresolved trades at the horizon are marked to market, not booked as losses. Nothing is marked PROVEN below t = 1.96, and nothing is rated at all below the minimum sample.
Nothing in this script predicts price.
DISCLAIMER
Research and educational tool only. NOT financial advice, NOT a recommendation, and NO guarantee of results. Entry, stop and target output is arithmetic, not advice. Trading carries risk of loss. Test out-of-sample and make your own decisions. The author accepts no liability for any use. Gösterge
SLW V1.7 By MTOverview
This indicator is a high-probability signal generator built on three core pillars of price action: Fixed horizontal price zones (7 Static Lines), Macro trend direction via Higher Timeframe (HTF) analysis, and Micro-structure indecision through the Doji candlestick pattern. By waiting for all three conditions to align, this tool dramatically reduces false signals and helps you trade with the institutional "confluence."
1. The 7 Static Levels (The Framework)
The indicator plots seven predefined static horizontal lines across your chart. These levels act as the ultimate support/resistance grid. Price action interacting with these lines is given top priority, as they represent major historical inflection points where reversals or violent breakouts are statistically likely.
2. Higher Timeframe Trend (The Filter)
To ensure you are never fighting the macro trend, the indicator evaluates the market direction on a user-selected higher timeframe (e.g., 4H or Daily). It acts as a guardian filter: it will only allow Buy signals if the HTF structure is bullish and Sell signals if the HTF structure is bearish, keeping you aligned with the dominant money flow.
3. The Doji Candle (The Trigger)
The final entry catalyst is the Doji candlestick—a pattern signifying extreme indecision and exhaustion of the current move. The indicator scans for Dojis that form strictly in the immediate proximity of the 7 static levels. This signals that the market is pausing exactly at a key area, setting the stage for a potential reversal.
Trading Logic (Entry Signals)
· 📈 LONG (BUY) Signal: Price is trading near a Static SUPPORT line + HTF Trend is BULLISH + A Doji forms at that level.
· 📉 SHORT (SELL) Signal: Price is trading near a Static RESISTANCE line + HTF Trend is BEARISH + A Doji forms at that level.
Customizable Inputs
· Levels: Manually configure the 7 price levels to match your specific asset (Forex, Crypto, Stocks, or Indices).
· Trend Settings: Select your preferred Higher Timeframe (e.g., 15m, 1H, 4H, Daily) and the smoothing method for trend detection.
· Doji Sensitivity: Adjust the body-to-range ratio to define how "strict" the Doji detection should be.
Best Practices
This indicator performs optimally on lower-to-mid timeframes (5-minute to 1-hour) while utilizing a 4-Hour or Daily HTF filter. Always look for price rejection (long wicks) alongside the Doji to confirm the signal before entering a trade. No indicator is infallible—please use proper risk management and stop-losses. Gösterge
Volatility Squeeze Ignition [MarkitTick]💡 A multi-dimensional analytical engine designed to detect periods of extreme market consolidation and validate the subsequent directional expansion. By measuring the mathematical relationship between standard deviation and average true range, this tool identifies equilibrium zones where price action compresses and stores kinetic energy. Rather than reacting blindly to every volatility spike, the script employs a sophisticated filtration matrix that evaluates underlying volume delta, higher timeframe macro-trend alignment, directional movement strength, and immediate candlestick morphology. This creates a rigorous framework that authenticates breakout signals, ensuring that traders only focus on high-probability momentum ignitions supported by definitive market conviction.
✨ Originality and Utility
Standard volatility indicators often generate breakout signals without providing any insight into the underlying market participation or the structural validity of the move. This system distinguishes itself by integrating a state-tracking memory engine that monitors the cumulative buying and selling volume specifically during the compression phase. This continuous volume delta tracking allows the system to pre-assess the directional bias before the actual breakout materializes. Furthermore, it incorporates a dynamic risk-to-reward projection matrix mapped directly onto the chart. It calculates stop-loss zones and sequential take-profit levels based on the exact width of the preceding volatility squeeze. This creates a completely self-contained analytical environment that bridges the critical gap between signal generation and precise trade management, eliminating the need for discretionary target plotting and manual risk calculations.
🔬 Methodology and Concepts
● The Volatility Squeeze Engine
The core mechanics rely on the precise interplay between Bollinger Bands and Keltner Channels. A squeeze state is formally activated when the Bollinger Bands contract entirely within the boundaries of the Keltner Channels. This condition signifies that the market's standard deviation has fallen below its historical true range, indicating a profound period of low volatility and liquidity resting. The system mathematically locks in the exact width of the bands at the onset of this compression. An ignition signal is mathematically validated only when the price decisively breaks outside the Bollinger Bands, provided the bands have begun to expand.
● Volume Delta Profiling
While the squeeze state is active, the script meticulously aggregates the volume of up-closing bars versus down-closing bars. This builds a cumulative delta sum. When a breakout triggers, the system references this stored delta to ensure that the directional break is fully supported by the actual volume flow accumulated during the consolidation phase, preventing false breakouts engineered by low-liquidity spikes.
● Multi-Dimensional Filtering
The breakout validation process is governed by a rigorous confluence matrix:
Higher Timeframe Alignment: Evaluates a simple moving average on a higher resolution chart to ensure the breakout trades strictly in the direction of the macro trend, utilizing a secure, non-repainting data referencing architecture.
Trend Strength Evaluation: Integrates the Average Directional Index to demand a minimum trend strength threshold, actively filtering out choppy, sideways market noise.
Candlestick Morphology: Evaluates immediate, candle-by-candle price and momentum interaction. The real body of the breakout candle must constitute a specific percentage of the total high-to-low range, confirming definitive and immediate market conviction rather than relying on lagging divergences.
Volatility Expansion: Compares the current channel width against the locked width from the start of the squeeze, ensuring the breakout is accompanied by a genuine expansion in market volatility.
🎨 Visual Guide
● Chart Overlays
Active Squeeze Background: A subtle blue vertical background highlight appears when the volatility squeeze is actively compressing.
Breakout Backgrounds: A vibrant teal background signals a confirmed bullish squeeze ignition, while a vivid crimson background highlights a bearish squeeze ignition.
BB Basis Line: A solid blue line representing the central moving average of the standard deviation channel.
KC Lines: Muted, semi-transparent lines mapping the upper and lower boundaries of the true range channel.
● Trade Management UI
Entry Line: A dashed blue line marking the exact closing price of the validated breakout candle, accompanied by a dynamic price label.
Stop Loss (SL) Line: A solid, thick crimson line indicating the invalidation level. Depending on user settings, this is positioned either at the opposite channel edge or calculated via an ATR multiplier. A red translucent fill connects the Entry to the SL, visualizing the exact risk zone.
Take Profit (TP) Lines: Three distinct dashed teal lines representing sequential profit targets, derived from Fibonacci extensions of the locked squeeze width. A green translucent fill highlights the total reward zone from the Entry to TP3.
● Information Dashboard
A comprehensive heads-up display anchored to the chart corner providing real-time telemetry on the system's state:
Squeeze Status: Displays whether the compression is currently ACTIVE or OFF, alongside a graphical progress bar.
Sqz Bars: A numerical count of how long the current squeeze has been compressing.
BB Width %: A visual gauge showing the current width of the standard deviation channel relative to its basis.
Delta Bias: Highlights the dominant accumulated volume direction (BULLISH, BEARISH, or NEUTRAL) colored dynamically in teal or crimson.
R:R Metrics: Real-time calculation bars showing the exact risk-to-reward ratios for all three take-profit targets based on the current active signal.
Filter Diagnostics: Individual status readouts for HTF Trend, ADX, Body Strength, and Volume Confirmation, allowing traders to instantly see which filters are passing or failing.
📖 How to Use
● Identifying Setups
Traders should monitor the chart for the appearance of the blue active squeeze background. During this phase, direct your attention to the Dashboard to monitor the "Delta Bias" and "Sqz Bars" count. A longer squeeze accompanied by a strong, building Delta Bias indicates a high-probability impending breakout. Wait for a confirmed candle close that breaks the channel limits, triggering the vibrant teal or crimson background.
● Managing Trades
Once an ignition signal fires, the script automatically projects the entry, stop-loss, and three take-profit levels. Traders can use the SL line to place their initial protective stop. As price approaches TP1, traders may consider scaling out a portion of their position and trailing their stop loss to the Entry line to secure a risk-free trade. The graphical risk and reward fills visually assist in quickly assessing if the projected trade meets your personal risk parameters before execution.
⚙️ Inputs and Settings
● Core Parameters
BB Range: Defines the calculation range for the standard deviation channel.
BB Mult: The standard deviation multiplier determining the width of the outer bands.
KC Range: Defines the calculation range for the average true range channel.
KC Mult: The multiplier dictating the width of the Keltner Channels.
Min Squeeze Bars: The absolute minimum number of consecutive compressed bars required before a valid ignition can be fired.
● Filters
Require Volume Confirmation: Toggles the volume delta tracking engine.
HTF Trend Filter: Activates the macro-trend alignment requirement, preventing counter-trend breakout signals.
ADX Trend Strength Filter: Enables a strict momentum threshold requiring the market to be actively trending.
Candle Body Strength Filter: Enforces a structural rule where the breakout candle's body must meet a minimum size relative to its wicks.
● Trade Tools & Alerts
SL Mode: Allows traders to select between a structural stop loss at the opposite channel edge or a volatility-based ATR stop.
TP1, TP2, TP3 Fib: Customizable Fibonacci multipliers that project the profit targets based on the original width of the market squeeze.
Dashboard Settings: Toggles the visibility and positional anchoring of the telemetry table.
Alert Actions: Advanced JSON-formatted string inputs allowing traders to define precise webhook payloads for entries, exits, and target hits, enabling seamless automated execution.
🔍 Deconstruction of the Underlying Scientific and Academic Framework
● Volatility Compression Theory
The fundamental architecture of this script is rooted in the cyclical nature of market volatility, which oscillates continuously between periods of extreme contraction and aggressive expansion. By cross-referencing standard deviation against an absolute measure of true range, the algorithm quantitatively identifies the inflection points where liquidity providers pull back and the market reaches a state of unnatural equilibrium. The mathematical locking of the channel width captures the precise kinetic energy stored during this phase, applying principles of mean reversion and standard deviation expansion to project the statistical probability of the ensuing vector move.
● Order Flow and Delta Mechanics
To move beyond simple price derivatives, the system incorporates an approximated order flow model through its volume delta profiling. By segmenting traded volume into up-closing and down-closing aggregates during the compression state, the script builds a proxy for aggressive market participation. This mechanism relies on Auction Market Theory, assessing the imbalance between aggressive buyers lifting the offer and aggressive sellers hitting the bid. When the mathematical breakout aligns with the underlying delta accumulation, the script confirms that the price displacement is driven by genuine institutional or macroscopic participation, significantly reducing the statistical likelihood of a mean-reverting liquidity sweep.
⚠️ Disclaimer
All provided scripts and indicators are strictly for educational exploration and must not be interpreted as financial advice or a recommendation to execute trades. We expressly disclaim all liability for any financial losses or damages that may result, directly or indirectly, from the reliance on or application of these tools. Market participation carries inherent risk where past performance never guarantees future returns, leaving all investment decisions and due diligence solely at your own discretion. Gösterge
ICT Killzones & Key Levels -DST- By SpartanICT Killzones & Key Levels -DST- By Spartan
This tool brings together the reference levels that ICT-style session traders build their bias around, so you are not stacking four or five separate indicators on one chart to get them. Killzone session ranges, their pivot highs and lows, Fibonacci retracements of each session's range, and the higher-timeframe opens, highs, lows, and time markers that traders use to judge context all come from the same underlying session and time data. Keeping them in one script means they stay in sync with each other and with the timeframe/timezone settings you choose, instead of drifting apart the way separately-configured indicators can.
This indicator's strongest feature is the automatic daylight saving time adjustment for each session as it uses real time zones of each session and adjusts automatically rather than having to change them each time the clock is changed anywhere
WHAT IT DOES
Killzone sessions
Draws boxes around the Asia, London, and New York killzone sessions. Each session's time range is entered in that session's own local time (UTC for Asia, Europe/London for London, America/New York for New York) and automatically adjusts for daylight saving, so you never have to manually shift the input twice a year.
Pivots
Marks each session's high and low as extending lines, with optional labels showing price. Pivots can extend until price mitigates them or continue past mitigation, and can alert you when a session high or low is broken.
Fibonacci levels (new in this version)
Each session can independently plot 0, 0.25, 0.5, 0.75, and 1 retracement levels of its own range. These update live while the session is still forming and lock in place once the session closes, so you can watch how a session's midpoint and quartiles evolve in real time rather than only seeing them after the fact. Colors automatically match each session's own color so the chart stays readable.
Midpoints
Optional midpoint line for each session's pivot range, with the choice to stop tracking once price mitigates it or keep tracking through the session.
Killzone range table
An optional table showing each session's most recent range and its rolling average over a configurable number of past sessions, so you can gauge whether the current session is expanding or contracting relative to its recent history.
Day / Week / Month tools
Optional open lines, high/low lines, and separators for the daily, weekly, and monthly timeframes, each with independent alerting on high/low breaks.
Custom opening prices and timestamps
Up to eight custom time-of-day open markers (for marking things like true day open or other reference times you track) and four vertical timestamp lines, both independently configurable.
Day-of-week labels
Optional labels marking the start of each weekday on intraday charts, with the option to hide weekend labels.
HOW TO USE IT
Turn on the sessions you trade, set the killzone range and pivot options to match how you use highs/lows and mitigation, and enable Fibonacci levels on whichever sessions you want retracement context for. The killzone range table is useful for a quick read on whether the current session is unusually wide or narrow. The Day/Week/Month and custom time tools are there if you also reference higher-timeframe opens or specific times of day, but are fully optional and off by default so the chart stays clean if you only want killzones.
CREDIT AND ORIGINALITY
The killzone box, pivot, and DST-safe session-detection logic in this script is built on tradeforopp's open-source "ICT Killzones & Pivots" indicator. This version adds session-independent live-updating Fibonacci retracement levels (not present in the original), a reorganized and more clearly labeled settings panel, and several fixes to line/label handling in the underlying session logic. Published open-source in keeping with the license of the code it builds on.
This is a level-marking and context tool, not a signal generator or a strategy. It does not predict future price movement or guarantee any outcome; it plots historical and forming session data so you can build your own read of the market around it. Gösterge
Buy Sell Badge with DMI by ByblloBuy Sell Badge with DMI by Bybllo
At its core, this indicator combines two independent Buy/Sell signal sources into one badge system: (1) a basic Fast/Slow EMA crossover ("BSB"), and (2) a DMI-based signal built from the golden cross (DI+ crossing above DI-) and dead cross (DI- crossing above DI+) of the Directional Movement Index, filtered by a minimum ADX threshold.
The EMA crossover generates the base Buy/Sell signal, then automatically manages an ATR-based stop loss and a risk:reward-based take profit for each signal, showing the resulting entry/stop/target levels directly on the chart along with a live status table. The DMI golden-cross / dead-cross engine can be enabled as a confirmation filter on top of that: when turned on, a badge is only shown if a matching DMI cross (with ADX above a configurable threshold) occurs within a set number of bars of the EMA signal. In practice, this acts as a noise-reduction filter — choppy, low-conviction EMA crossovers with no matching directional strength behind them are suppressed, so only badges backed by both a trend-following signal and a directional-strength signal are actually displayed.
Key Features
Fast/Slow EMA crossover generates the base Buy/Sell signal, with an optional candle-confirmation requirement (close beyond open in the signal direction).
Automatic ATR-based stop loss and configurable Risk:Reward take profit are calculated for every new signal, with intermediate take-profit levels plotted when Risk:Reward is greater than 1.
Optional "BSB + DMI" confirmation filter: a badge is only shown when a DMI golden cross or dead cross, confirmed by ADX above your threshold, occurs within a configurable bar window of the EMA signal, in either order. This suppresses noisy, low-conviction EMA crossovers and leaves only the badges that are backed by both signals.
On-chart entry / stop-loss / take-profit lines and an SL distance (in points) label, both toggleable and only shown while a badge has actually been displayed for the active position.
Take-profit, stop-loss, and "invalidated" (opposite signal fired before target/stop was hit) markers are plotted separately so you can see exactly how each trade idea played out.
A live status table (top-right) shows the current position, entry, stop loss, take profit, and realized Risk:Reward.
Real-price calculation via request.security() keeps signals consistent regardless of chart type (Heikin Ashi, Renko, etc.).
A full set of alertcondition() calls for BSB-only signals, BSB+DMI confirmed signals, take-profit hits, stop-loss hits, and invalidated entries.
How to Use
Leave "BSB + DMI" unchecked to use the EMA crossover badges on their own (fastest signals, no directional-strength filter).
Check "BSB + DMI" to require that a DMI golden cross (for Buy) or dead cross (for Sell), confirmed by ADX, also occurs near the EMA signal — this filters out noise and typically reduces the number of badges, but favors signals that also have directional strength behind them.
Watch the on-chart entry/SL/TP lines and the status table to track an open idea's risk and progress in real time.
Set up alerts on the "BSB+DMI Buy/Sell", "Buy/Sell Signal", "Take Profit Hit", "Stop Loss Hit", or "Entry Invalidated" conditions depending on which events you want to be notified about.
Notes
The "EMA Badge Spacing" and "DMI Badge Spacing" inputs each apply their own cooldown to prevent duplicate signals firing on consecutive bars; keep the DMI spacing aligned with the badge spacing you use on other DMI-based indicators if you compare them side by side.
Stop-loss and alert-sensitivity offsets are point-based and will need adjusting per instrument (see the tooltips on those inputs).
This indicator does not place real orders; it is a visual / alerting tool for tracking a rules-based EMA + DMI golden-cross/dead-cross trade idea. Gösterge
DMI DI Gap by ByblloDMI DI Gap by Bybllo
This indicator plots the gap (difference) between the DI+ and DI- lines of the Directional Movement Index (DMI). Instead of visually comparing two separate DI+ / DI- lines to spot a crossover, the difference (DI+ minus DI-) is calculated directly and plotted as a single line around a zero baseline.
A cross above the zero line signals a shift toward bullish momentum, while a cross below the zero line signals a shift toward bearish momentum — each crossing is automatically marked with a buy or sell arrow, so there is no need to eyeball where the two DI lines intersect.
Key Features
A single "DI Gap" line (DI+ minus DI-) replaces the need to watch two overlapping DI+ / DI- lines and spot their crossovers by eye.
Zero-line crossover / crossunder is detected automatically and marked with buy (upward) and sell (downward) triangle arrows, offset a configurable distance from the zero line.
An optional ADX line, rescaled from its native 0–100 range to a custom min/max range, can be overlaid to gauge trend strength alongside the directional gap.
A filled cloud area between the gap line and the zero line is colored according to whether the current gap is positive or negative.
+25 / -25 dotted reference lines help gauge how strong the current directional imbalance is.
Real-price calculation via request.security() ensures values stay consistent regardless of chart type (Heikin Ashi, Renko, etc.).
How to Use
When the DI Gap line crosses above zero, a buy arrow appears below the zero line, indicating directional momentum has turned bullish (DI+ has overtaken DI-).
When the DI Gap line crosses below zero, a sell arrow appears above the zero line, indicating directional momentum has turned bearish (DI- has overtaken DI+).
Use the optional rescaled ADX line to check whether the broader trend has enough strength to support the signal before acting on it.
The +25 / -25 dotted lines can be used as a rough guide for how pronounced the current directional imbalance is.
Notes
The rescaled ADX line is for visual reference only; it does not represent the standard 0–100 ADX scale unless the scale inputs are set to 0 and 100.
Works consistently across chart types since real market price data is always pulled via request.security(), regardless of the chart type currently displayed. Gösterge
Rolling Trend Pointer. Identify the True Market TrendRolling Trend Pointer is designed to provide an objective assessment of market direction, confirm trending conditions, and filter trading signals that occur in weak or conflicting market environments. Instead of relying on a conventional moving average, the indicator analyzes price position relative to VWAP, trading volume, the statistical magnitude of price deviations, the slope of Anchored VWAP, and directional agreement across multiple calculation periods.
Its main advantage is that it does not simply show whether price is above or below an average line. It evaluates the current trend direction, the strength of the active price impulse, and the degree of agreement between short-term price behavior and the broader volume-weighted market direction.
Two Indicators Combined into One
Rolling Trend Pointer combines two interconnected indicator components:
1. "Rolling VWAP Trend Pointer", displayed in a separate indicator panel below the chart.
2. "Monthly Anchored VWAP with Multi-Period Confirmation", displayed directly on the main price chart.
The first component measures the current deviation of price from a rolling VWAP and determines whether the movement is statistically significant.
The second component determines the broader market direction based on the slope of the Monthly Anchored VWAP. It can also confirm that direction using Quarterly, Semiannual, and Annual Anchored VWAP calculations.
The "Synchronized Mode" checkbox connects both components into a single trend-confirmation system. When synchronization is enabled, the background fill on the main chart appears only when the Anchored VWAP direction agrees with the direction of the Rolling VWAP histogram.
Part 1: Rolling VWAP Trend Pointer
The first component is displayed in a separate indicator panel and consists of:
* a green and red histogram;
* an upper positive boundary;
* a lower negative boundary;
* a zero line;
* a colored background indicating a strong breakout beyond the corresponding boundary.
The calculation is based on a Rolling VWAP, which is a volume-weighted average price calculated over the selected number of bars.
After calculating the VWAP, the indicator measures the distance between price and the VWAP:
* positive values are generated when price is positioned above the VWAP;
* negative values are generated when price is positioned below the VWAP.
The green histogram represents positive price deviation from the Rolling VWAP. The red histogram represents negative deviation.
The larger the absolute histogram value, the further price has moved away from its current volume-weighted center.
Separate Positive and Negative Boundary Calculations
The upper and lower blue boundary lines are calculated independently.
The upper boundary uses only historical values above zero. It is designed to evaluate positive deviations and bullish price impulses.
The lower boundary uses only historical values below zero. The indicator analyzes the absolute magnitude of these negative deviations and then returns the calculated boundary to the negative area.
As a result, the lower boundary is not simply a mirrored version of the upper boundary. Each side adapts independently to the historical characteristics of bullish and bearish price movements.
This distinction is important because upward and downward volatility are often structurally different. Declines may occur quickly and aggressively, while bullish movements may develop more gradually and persist for longer periods.
Using separate calculations allows the indicator to adapt to this asymmetry instead of assuming that positive and negative price behavior is identical.
Detecting Strong Price Impulses
When the histogram remains between the two blue boundaries, the price deviation is considered normal for the current market environment.
When the positive histogram rises above the upper boundary, the indicator identifies a strong bullish impulse. The background of the separate indicator panel becomes green.
When the negative histogram falls below the lower boundary, the indicator identifies a strong bearish impulse. The background becomes red.
A boundary breakout should not automatically be treated as an independent entry signal. It indicates that the current movement has become significantly stronger than the price deviations recently observed in the instrument.
Part 2: Monthly Anchored VWAP
The second component is displayed directly on the main price chart.
It includes:
* the Monthly Anchored VWAP;
* upper and lower statistical bands;
* a VWAP line color based on its slope;
* a colored fill between the VWAP bands;
* optional confirmation from Quarterly, Semiannual, and Annual Anchored VWAP calculations.
The Monthly VWAP calculation resets at the beginning of every calendar month.
Unlike the Rolling VWAP, which uses a continuously moving lookback window, the Monthly Anchored VWAP accumulates price and volume data from the beginning of the current month.
When the Monthly VWAP slope is positive, the central line becomes green.
When the Monthly VWAP slope is negative, the central line becomes red.
The upper and lower bands are calculated using the volume-weighted standard deviation of price around the Monthly VWAP. These bands create a dynamic range that reflects the current price structure and volatility within the month.
Multi-Period Trend Confirmation
By default, the trend direction is determined by the Monthly Anchored VWAP.
The following additional confirmation periods can be enabled in the settings:
* "Use Quarterly VWAP Confirmation"
* "Use Semiannual VWAP Confirmation"
* "Use Annual VWAP Confirmation"
The additional confirmation periods use AND logic.
For example, when Quarterly and Annual confirmation are enabled, a bullish trend will be confirmed only when the Monthly, Quarterly, and Annual VWAP slopes are all positive at the same time.
A bearish trend will be confirmed only when all enabled VWAP periods have negative slopes.
The more confirmation periods that are enabled, the stricter the trend filter becomes.
This reduces the number of confirmed trend conditions but increases the degree of agreement across different market horizons.
Synchronized Mode
The "Synchronized Mode" setting is one of the main features of the indicator.
When synchronization is disabled, the fill between the VWAP bands on the main chart is determined only by the Monthly Anchored VWAP direction and the selected additional confirmation periods.
When synchronization is enabled, two conditions must be satisfied simultaneously:
* the Anchored VWAP direction must be confirmed;
* the Rolling VWAP histogram must be positioned on the corresponding side of the zero line.
A green fill requires:
* bullish Anchored VWAP confirmation;
* a positive Rolling VWAP histogram.
A red fill requires:
* bearish Anchored VWAP confirmation;
* a negative Rolling VWAP histogram.
When the two indicator components point in opposite directions, the background fill disappears.
This indicates that there is no complete agreement between the current price impulse and the broader Anchored VWAP trend.
How to Interpret the Background Color on the Main Chart
The background fill between the Monthly Anchored VWAP bands is one of the most important visual elements of the indicator.
Particular attention should be paid to both the color and intensity of this background.
A light green fill indicates a confirmed bullish trend.
A stronger green fill indicates a confirmed bullish trend combined with a strong positive histogram breakout above the upper statistical boundary.
A light red fill indicates a confirmed bearish trend.
A stronger red fill indicates a confirmed bearish trend combined with a strong negative histogram breakout below the lower statistical boundary.
No background fill means that the indicator has not detected a synchronized directional condition.
This may occur during:
* sideways market conditions;
* transitional periods;
* weakening trends;
* disagreement between the Rolling VWAP component and the Anchored VWAP component;
* disagreement between the enabled Anchored VWAP confirmation periods.
The background color therefore represents the confirmed trend direction, while its intensity indicates whether the trend is also accompanied by an unusually strong statistical price impulse.
Rolling Trend Pointer Settings
VWAP Length
This setting determines the amount of positive and negative historical observations used to calculate the Rolling VWAP environment and the adaptive channel boundaries.
A lower value makes the indicator more responsive to recent market changes but may produce more frequent directional changes.
A higher value creates more stable statistical boundaries but causes the indicator to adapt more slowly when volatility conditions change.
The default value is "200".
Band Multiplier
This setting controls the distance between the zero line and the independent positive and negative boundaries.
A lower value moves the boundaries closer to zero and increases the number of detected breakouts.
A higher value moves the boundaries further away from zero and filters out weaker movements, leaving only stronger price impulses.
The default value is "0.5".
Channel Mode
Two channel calculation modes are available.
Current VWAP Variance
This mode uses the current volume-weighted variance of the positive and negative samples.
It adapts more quickly to the current distribution and volatility structure of the market.
Channel Width
This mode uses the historical variance of deviations from the corresponding positive and negative mean values.
It evaluates the established width of the distribution based on accumulated historical residuals.
For most trend-detection applications, testing should begin with "Current VWAP Variance".
Histogram Smoothing
The following histogram smoothing methods are available:
* None;
* SMA;
* EMA;
* WMA;
* RMA.
Smoothing reduces small histogram fluctuations and limits unnecessary directional changes around the zero line.
It is important to understand that smoothing is applied to the displayed histogram and to the histogram breakout conditions.
The statistical upper and lower boundaries continue to be calculated from the original positive and negative observations.
Histogram Smoothing Length
This setting controls the length of the selected histogram smoothing method.
A lower value preserves responsiveness.
A higher value produces a more stable histogram but increases calculation lag.
The default value is "10".
Synchronized Mode
This checkbox synchronizes the Rolling VWAP Trend Pointer with the Monthly Anchored VWAP component.
When enabled, the background fill on the main price chart appears only when both components agree on the market direction.
For normal visual analysis, this setting should generally remain enabled.
Show Breakout Background
This setting enables or disables the green and red background in the separate indicator panel when the histogram moves beyond its corresponding statistical boundary.
Monthly Anchored VWAP Settings
VWAP Source
This setting determines the price source used for the Anchored VWAP calculation.
The default source is "HLC3", which represents the average of the high, low, and close prices.
Band Multiplier
This setting determines the width of the upper and lower bands around the Monthly Anchored VWAP.
A lower value produces a narrower range.
A higher value produces a wider range and includes more substantial price deviations.
VWAP Slope Length
This setting determines the number of bars used to evaluate the direction of the VWAP slope.
A lower value reacts more quickly to changes in direction but may create more frequent trend switches.
A higher value produces a more stable trend direction but introduces additional delay.
The default value is "2".
Line Width
This setting changes the thickness of the Monthly Anchored VWAP line and its upper and lower bands.
Show VWAP Bands
This setting enables or disables the display of the upper and lower Monthly Anchored VWAP bands.
Use Quarterly VWAP Confirmation
When enabled, the Monthly VWAP direction must agree with the Quarterly Anchored VWAP direction.
Use Semiannual VWAP Confirmation
When enabled, the Monthly VWAP direction must agree with the Semiannual Anchored VWAP direction.
Use Annual VWAP Confirmation
When enabled, the Monthly VWAP direction must agree with the Annual Anchored VWAP direction.
Trend Direction Output for Strategy Integration
The indicator outputs the detected trend direction through a separate numerical variable called `trend_dir`.
This variable can be selected as an external data source and connected to other TradingView indicators or strategies.
The output ranges from "−2 to +2".
Possible values are:
* "+2" — confirmed strong bullish trend with a bullish histogram breakout;
* "+1" — confirmed bullish trend without a strong histogram breakout;
* "0" — neutral, conflicting, or unsynchronized market condition;
* "−1" — confirmed bearish trend without a strong histogram breakout;
* "−2" — confirmed strong bearish trend with a bearish histogram breakout.
This structure allows the indicator to be used not only for visual market analysis but also as a systematic trend filter inside automated trading strategies.
For example, a strategy can:
* allow long positions only when `trend_dir` equals +1 or +2;
* allow short positions only when `trend_dir` equals −1 or −2;
* disable entries during neutral conditions;
* test the neutral value separately;
* apply different trend requirements to long and short trades;
* distinguish between regular trends and statistically strong trend impulses.
My Strategy Test Results
In my case, the strategy produced the highest long-trade win rate when the value "+1" was used as the trend filter for long entries.
For short trades, the best result was obtained when the value "0" was used.
This means that long entries performed best during a confirmed bullish trend that was not accompanied by an extreme positive histogram breakout.
Short entries performed best during neutral or unsynchronized market conditions rather than during an already confirmed bearish impulse.
The value "0" is not inherently bearish.
It indicates that the indicator has not detected complete directional agreement between its components.
These results apply to the specific strategy, instrument, timeframe, settings, and historical period that were tested.
Each of the five `trend_dir` states should be tested independently before being applied to another strategy or market.
Practical Applications
Rolling Trend Pointer can be used for:
* identifying the main market direction;
* filtering entries against the prevailing trend;
* confirming breakout conditions;
* avoiding trades during conflicting market states;
* separating regular trends from strong trend impulses;
* providing an external trend variable to automated strategies;
* optimizing different filters for long and short positions;
* identifying periods of agreement between short-term momentum and broader volume-weighted direction.
For visual trading, it is recommended to keep "Synchronized Mode" enabled and focus primarily on the fill between the Monthly Anchored VWAP bands on the main chart.
A green or red fill indicates a synchronized directional condition.
A stronger fill indicates that the synchronized trend is also supported by a statistically significant histogram breakout.
The absence of a fill indicates that the current impulse and the broader Anchored VWAP direction are not fully synchronized.
Use Rolling Trend Pointer to identify market direction, filter weak signals, and connect an objective trend state to your trading strategies.
Gösterge
Gösterge
RSI Divergence Hunter [JOAT]RSI Divergence Hunter
Automatically detects the four classic RSI divergence types on confirmed pivots and frames each one as a trade.
What it is
Divergence between price and momentum is one of the oldest reversal and continuation reads, but marking it by hand is subjective and easy to force. This indicator detects all four divergence types algorithmically on confirmed pivots, so what you see is defined and repeatable, and then attaches a full trade structure to each. It is an original divergence engine, not a plain RSI plot.
How it works
• RSI core — the relative strength index measures the speed and size of recent moves. It is the momentum reference every divergence is measured against.
• Confirmed pivots — the engine waits for pivots on both price and RSI to confirm a set number of bars back before comparing them. Because pivots are only evaluated once confirmed, a plotted divergence does not repaint into or out of existence.
• The four types — regular bullish (price lower low, RSI higher low) and regular bearish (price higher high, RSI lower high) point to potential reversals; hidden bullish and hidden bearish point to trend continuation after a pullback. Each is drawn with a connecting line on both price and RSI and labelled by type.
• Zones and gating — overbought and oversold zones give context, and a minimum-gap control keeps divergence signals from stacking on lower timeframes.
Trade levels
Each qualifying divergence draws a red risk box to the stop and a green reward box to the third target, with inner dividers and right-edge labels for entry, stop and each take-profit at your R multiples. The stop is anchored beyond the pivot that formed the divergence.
The dashboard
An adjustable divergence-scope panel shows the current RSI value and zone, the most recent divergence type detected, the active signal, a conviction estimate, and a live first-target-before-stop tally from closed bars only.
How to use it
• Works on any asset and timeframe.
• Treat regular divergences as counter-trend reversal cues and hidden divergences as with-trend continuation cues — the distinction matters.
• Combine with structure or a trend filter; divergence works well as confluence, not in isolation.
Settings
RSI length and source, pivot strength, which divergence types to display, overbought/oversold levels, risk multiple and target R multiples, plus visual and dashboard controls.
Originality and usefulness
The contribution is a complete, confirmed-pivot detector for all four divergence classes with clear per-type labelling and integrated, non-repainting trade framing. By fixing the definition of a divergence and waiting for pivot confirmation, it removes much of the hindsight bias that makes manual divergence unreliable.
Notes and limitations
• Divergence signals can persist and reappear in strong trends; a divergence is a condition, not a timing guarantee.
• Confirmed pivots introduce a natural delay equal to the pivot strength — this is the cost of not repainting.
• The tally reflects only past bars on the current chart and is not a forecast.
• Educational and analytical tool, not financial advice.
— made with passion by officialjackofalltrades
Gösterge
Gösterge
Gösterge
Gösterge
ANDROMEDA MTF - TrendSyncThis script is a Multi-Timeframe (MTF) trend-following system designed to capture pullbacks in direction of the primary trend.
Rather than relying on a single indicator, ANDROMEDA MTF utilizes a specific mashup of Moving Averages, MACD, and RSI to establish a robust rule-based logic. The primary goal of combining these tools is to filter out lower-timeframe market noise and only authorize entries when momentum and structural trend are perfectly aligned on a higher timeframe.
⚙️ CORE MECHANICS (The Mashup Logic):
To avoid false signals during choppy markets, the script requires three distinct conditions to agree on the Higher Timeframe (MTF) before defining a trend:
Baseline Trend Structure: Uses two customizable Moving Averages (EMA or SMA). The fast MA must be above/below the slow MA to indicate directional bias.
Momentum Confirmation (Slope): The algorithm calculates the mathematical slope of the slow MA (MA - MA ). The trend is only validated if the slow MA is actively sloping in the trade direction, preventing entries in flat/consolidating markets.
Volume/Momentum Filter: The MACD Histogram must confirm the bias (Histogram > 0 for longs, < 0 for shorts).
🎯 ENTRY TRIGGERS & VISUAL FILTERS:
The Pullback Trigger: Once the Higher Timeframe establishes a firm trend (Blue for Bullish, Red for Bearish), the script monitors the local timeframe. A Buy/Sell signal is generated exactly when the local price pulls back and crosses the MTF Moving Averages, offering a discounted entry in the direction of the macro trend.
Exhaustion Filter (RSI): A fast RSI operates in the background. It overrides the candle colors (turning them orange by default) to visually warn the trader that the asset has reached overbought/oversold extremes, cautioning against late entries.
🛠️ HOW TO USE:
Apply the indicator to your execution timeframe (e.g., 15m) and set the MTF parameter in the settings to your macro directional timeframe (e.g., 240 for 4H). Wait for the trend lines to turn Blue/Red and enter on the printed signal arrows during pullbacks.
🇧🇷 (PORTUGUÊS)
Este script é um sistema seguidor de tendência Multi-Timeframe (MTF) projetado para capturar pullbacks na direção da tendência primária.
⚙️ COMO FUNCIONA (A Lógica):
Para evitar sinais falsos, o script exige que 3 condições concordem no Tempo Gráfico Maior (MTF) antes de definir a tendência:
Estrutura: Duas médias móveis (EMA/SMA). A rápida deve estar alinhada com a lenta.
Momento (Inclinação): O algoritmo calcula a inclinação matemática da média lenta. A tendência só é validada se a média estiver apontando para a direção da operação.
Filtro MACD: O Histograma do MACD deve confirmar o fluxo (Maior que zero para compras).
🎯 GATILHOS E FILTROS VISUAIS:
Gatilho: Quando o tempo gráfico maior estabelece a tendência (Azul para Alta, Vermelho para Baixa), o script gera o sinal de entrada no momento em que o preço atual faz um pullback e toca as médias móveis do tempo gráfico maior.
Filtro de Exaustão (RSI): Um RSI rápido colore os candles de laranja para avisar visualmente que o ativo chegou a uma zona de sobrecompra/sobrevenda, evitando que você entre muito tarde no movimento.
COMO USAR: Adicione o indicador no seu gráfico de execução (ex: M15) e configure o parâmetro MTF no menu para o seu gráfico de referência (ex: 240 para H4). Aguarde as médias ficarem azuis ou vermelhas e opere os sinais de seta a favor da co Gösterge
Gösterge
