NQ Goldbach LevelsAttention: This script only works on NQ. Its is accurate only on NQ/MNQ.
I can add in some more features by request.
อินดิเคเตอร์และกลยุทธ์
Traffic Lite [B.A.S.E.]--- English Version ---
Indicator “Traffic Lite ” is designed to find potential long (buy) entry points and take-profit exits. It implements:
- Red signal — more aggressive, gives more entries (higher risk, but potentially more trades).
- Yellow signal — more “balanced” logic, provides slightly more “refined” entries.
When the indicator detects a suitable situation (according to the “red” or “yellow” logic), it generates a buy signal. After entry:
- A target (take-profit) is calculated.
- If necessary, a mechanism of averaging (additional buys) is activated.
- When the price reaches the defined take-profit, the trade is considered closed.
Additionally, the indicator keeps track of statistics:
- How many trades have been closed.
- The maximum time spent in a trade (in hours).
- The total profit in percentage.
- How many trades reached the 1st, 2nd, or 3rd averaging.
- The maximum recorded drawdown.
There are also Telegram settings for automatically sending all signals (entry, averaging, exit) to a bot/chat.
Input parameters and their meaning (Parameters tab)
- Signal type: Red / Yellow / Combined.
- Parameter D1 and D2: set thresholds for yellow and red signals.
- Close Y Param: additional exit logic for yellow signal.
- Main entry, % of deposit: first entry volume.
- Enable averaging? up to three additional buys.
- Averaging parameters: drop levels and volumes for 1st, 2nd, and 3rd averaging.
- Take Profit %: profit target.
- Telegram settings: Chat ID and Thread ID for notifications.
How signals are formed
- Red signal: triggers quicker, higher risk of false entries.
- Yellow signal: more balanced and less frequent.
- Combined mode: picks the first detected signal if both appear.
Averaging
- Triggers on price drops.
- Recalculates average price and take-profit.
- Up to three steps of averaging.
Exiting a trade
- When take-profit is reached, the trade closes with a “CLOSE” marker.
Statistics table
- Number of trades closed, max time in trade, total profit, number of averagings, max drawdown.
Practical application
1. Select signal type.
2. Configure entry, averaging, and take-profit parameters.
3. Set Telegram settings.
4. Click “OK”.
After this, the chart will show entry arrows, averaging labels, and exit markers.
Alerts
- Sends detailed notifications to Telegram via webhook.
- Allows creating custom alerts in TradingView.
Important notes
- A new trade won’t open until the previous one is closed.
- Averaging activates only when price drops as configured.
Summary
Red — aggressive and frequent. Yellow — moderate and reliable. The indicator automates entry detection, averaging, and take-profit exits while displaying key data on the chart.
--- Русская версия ---
Индикатор «Traffic Lite » предназначен для нахождения потенциальных моментов входа в лонг (покупку) и выхода по тейк-профиту. В нём реализованы:
- Красный сигнал — более агрессивный, чаще даёт входы (риск выше, но и потенциально сделок больше).
- Жёлтый сигнал — более «сбалансированный» по логике, даёт чуть более «выверенные» входы.
Когда индикатор видит подходящую ситуацию (согласно «красной» или «жёлтой» логике), он подаёт сигнал на покупку. После входа:
- Рассчитывается цель (тейк-профит).
- При необходимости включается механизм усреднений (добавочных покупок).
- Когда цена доходит до заданного тейк-профита, сделка считается закрытой.
Дополнительно ведётся подсчёт статистики:
- Сколько сделок закрыто.
- Максимальное время в сделке (в часах).
- Совокупный профит (в %).
- Сколько сделок дошли до 1, 2 или 3 усреднений.
- Максимальная зафиксированная просадка.
Также предусмотрены настройки Telegram для отправки всех сигналов (вход, усреднение, выход) в бот/чат.
Входные параметры и их значение (вкладка «Параметры»)
- Тип сигнала: Красный / Жёлтый / Совместный.
- Parameter D1 и D2: задают пороги для появления жёлтых и красных сигналов.
- Close Y Param: дополнительный фильтр выхода для жёлтого сигнала.
- Основной вход, % от депозита: объём первого входа.
- Включить усреднения? до трёх дополнительных покупок.
- Параметры усреднений: уровни падения и объёмы добавок для 1, 2 и 3 усреднений.
- Take Profit %: цель прибыли.
- Настройки Telegram: ID чата и Thread ID для уведомлений.
Как формируются сигналы
- Красный сигнал: чаще, выше риск ложных входов.
- Жёлтый сигнал: реже, но более надёжно.
- Совместный режим: выбирается первый из совпавших сигналов.
Усреднения
- Активация при падении цены.
- Пересчёт средней цены и тейк-профита.
- До трёх шагов усреднения.
Выход из сделки
- При достижении тейк-профита сделка закрывается, появляется «CLOSE».
Таблица статистики
- Кол-во закрытых сделок, макс. время в сделке, общий профит, количество усреднений, максимальная просадка.
Практическое применение
1. Выбрать тип сигнала.
2. Настроить параметры входа, усреднений, тейк-профита.
3. Указать настройки Telegram.
4. Нажать «ОК».
После этого на графике будут появляться метки входов, усреднений и выходов.
Оповещения
- Отправка в Telegram через webhook.
- Настройка кастомных алертов в TradingView.
Важные нюансы
- Новая сделка откроется только после закрытия предыдущей.
- Усреднения активируются при фактическом падении цены.
Итог
Красный — агрессивно и часто, Жёлтый — умеренно и надёжно. Индикатор автоматизирует процесс поиска входов, усреднений и выхода, отображая данные на графике.
FUMO Monday Pulse💓 FUMO Monday Pulse – Weekly Directional Strategy
FUMO Monday Pulse is a directional trading strategy designed to detect early-week momentum and breakout structure, based on Monday’s high and low levels. This tool combines smart breakout detection, retests, and volume filters — ideal for traders looking to systematize early trend entries.
🔍 How It Works
Each week, the indicator automatically tracks Monday’s High and Low, then evaluates how price reacts around those levels during the rest of the week.
It generates two types of signals:
RETEST signals (LONG / SHORT) – a confirmed breakout on a higher timeframe (e.g. 4H), followed by a retest with candle and volume confirmation.
TREND signals (UP / DOWN) – impulsive moves without confirmation, often indicating the start of a directional push.
⚙️ Key Features
Customizable line width, style, and label size
Volume confirmation (optional)
Higher timeframe breakout validation
Cooldown period between signals to avoid clutter
🔔 Alerts
This script supports 4 alert types:
FUMO: RETEST LONG
FUMO: RETEST SHORT
FUMO: TREND UP
FUMO: TREND DOWN
Each alert sends a structured JSON payload via webhook:
{
"event": "RETEST_LONG",
"source": "FUMO_Monday_Pulse",
"symbol": "{{ticker}}",
"time": "{{time}}",
"price": {{close}}
}
You can use this with Telegram bots, Discord webhooks, or execution scripts.
💡 Recommended Use
Use this tool on 15m–1H charts, especially for breakout traders looking to align with early-week momentum. Built to integrate with automated workflows — and powered by the FUMO mindset: focus, structure, clarity.
cycle144 dr ramy After Given Date📌 Description for Script Publishing
Cycle144 dr ramy After Given Date is a visual tool that highlights time-based cycles on the chart by marking specific candles that occur after a user-defined starting point.
🔹 How It Works:
You choose a specific date and time.
The script automatically identifies and labels the 18th, 36th, 54th, 72nd, 90th, 108th, 126th, and 144th candles after your selected date.
At each of those candles, the script:
Places a label (e.g., "18th Candle", "36th Candle", etc.).
Draws horizontal lines from the candle's high and low, extended to the right.
🔹 Purpose:
This indicator helps traders observe and analyze market behavior at regular cycle intervals after a significant date. It's useful for cycle-based strategies, time symmetry analysis, or just to visualize how price reacts at recurring time steps.
🛠️ No signals or strategies are included — this is a charting utility only.
RSI Hybrid ProfileThis is a Hybrid Script designed on the basis of a well know Indicator RSI - Relative strength Index, ATR, Standard Deviations and Medians. Effort is being made to present RSI in a Profile based concept to leverage and elevate trading signals and identify potential trade while effectively managing the RISK.
Trend Colour Coding :-
Green = Bullish
Red = Bearish
Gray = Mean Reversion/ Rangebound Markets
The script includes the following Elements
1) Candlestick chart of RSI of current time frame in lower pane :-
It helps to effectively compare the price action with that of RSI to clearly identify early breakouts or breakdowns in RSI as compared to price chart and identify early trade opportunities as well as Divergences
2) Higher Time Frame RSI :-
The orange line in the lower pane to help take analysis of Higher Timeframe, to evaluate and assess trend in more refined manner.
3) Point of Control Zone :-
The middle horizontal band with colour coding to highlight the Point of Control of the price action based on its relative strength.
4) Black Circles - POC Change Markers - RSI profile Value area Shifts :-
All the Black Circles plotted on chart are RSI Point of Controls, which signal upcoming Trend and should be closely watched as it can help identify wonderful Entry/Exit Opportunities.
5) Value Area :-
The horizontal lines above and below the POC Zones are the Value areas, they are extremely useful to identify the potential support/resistance zones during the trending markets and potential target zones during the mean reverting markets. The width also helps assess the underlying volatility and risk and can help in determining the position size based on it. The setting can be adjusted based on Value area Range Multiplier. 1 is the ideal setting as it represents 1 Standard Deviation of Data.
6) Trailing Stops :-
The Green Trailing line helps as trailing stoploss in buying positions and Red Trailing Line helps as trailing SL in Selling Positions. These are especially useful when price is far away from the value area zones or when volatility is very high. The setting can be adjusted based on trail multiplier in the settings.
Here are the few examples of how to use the script on different asset classes
1) Gold Futures - Exhibiting the use of trend and SL and how to change positions based on retracement and RSI Interpretation.
2)Nifty 50 - Exhibiting the importance of POC , RSI Divergence and Breakout and SL Trail and POC Change Markers
3) Bitcoin/US Dollar - Showing the use of Value areas as support zones and using RSI overbought and oversold regions to manage pullbacks and retracement confirmations.
4) JSW Energy Limited - Stock - Showing the combined use of the scripts elements in trading environment.
Feel Free to use it on Charts and leverage the power of this wonderful Indicator.
STWP IB TradeSTWP Initial Balance Trade
This tool is created for educational and informational purposes to help traders visualize Initial Balance (IB) levels formed during the first hour of market activity. It is designed to assist users in understanding market structure and planning strategies around key price zones derived from the IB range.
Features:
Automatically plots Initial Balance High and Low (first-hour high and low) based on selected time zone.
Displays Buy and Sell labels post-IB period (based on price behavior).
Highlights 1X and 2X risk-reward levels (to be used with your personal risk management plan).
Customizable Options:
Option to extend IB lines throughout the session.
Change line colors and range background.
Displays an informative table showing IB range and other useful metrics.
Optionally plots an Exponential Moving Average (EMA) for trend reference.
How to Use:
Set your time zone so that the IB period begins with market open and ends after the first hour.
After the first hour candle closes, refer to the IB Range table.
Watch for Buy/Sell labels that may appear after the IB period. Use these levels for educational reference and plan your trades based on your own strategy and risk tolerance.
Entry and Stop Loss levels are shown for analysis purposes. Always apply your personal risk management rules when interpreting these levels.
Enhance your approach by combining this with support/resistance zones and EMA for trend alignment.
Remember, protecting your capital is key — use proper risk management in every trade.
Disclaimer:
This script is intended strictly for educational and informational purposes. It does not constitute financial advice, investment recommendation, or solicitation to buy or sell any securities. Trading involves significant risk, and past performance is not indicative of future results. Always consult a SEBI-registered advisor for personalized guidance. The creator of this tool is not liable for any financial loss or damage arising from its use.
Need Help?
If you find this indicator helpful, consider following for more tools focused on learning and strategy building. Have questions or need support using the tool?
Feel free to leave comments below for feedback or general discussion.
For personalized support, kindly refer to the contact details in the “About” section of the profile.
Price Compression & Expansion Bars (Final Adjusted)In price compression zones, bullish candles are displayed with a white border only, while bearish candles are filled with white.
In price expansion zones, bullish candles are displayed with a blue border only, while bearish candles are filled with blue.
In all other cases, bearish candles are shown in red and bullish candles in green.
The ATR multipliers used to define compression and expansion zones are set to 1 for compression and 1.5 for expansion.
Pro Trading Art - Swing Trading Master V2Pro Trading Art - Swing Trading Master V2
The Pro Trading Art - Swing Trading Master V2 is an exclusive, invite-only strategy crafted for traders aiming to master swing trading across various markets. This advanced strategy combines sophisticated price action analysis with momentum and volatility indicators to deliver precise entry and exit signals, optimized for both bullish and bearish market conditions.
Key Features:
Advanced Swing Detection: Employs a proprietary blend of moving averages, momentum oscillators, and volatility filters to identify high-probability swing trade setups.
Flexible Position Sizing: Allows customizable position sizes and risk-reward ratios, enabling traders to tailor the strategy to their risk tolerance.
Dynamic Exit Strategies: Includes adjustable take-profit and stop-loss levels, with options for percentage-based exits and an intelligent trailing stop to maximize gains.
User-Friendly Visuals: Provides clear buy and sell signals on the chart, enhanced by color-coded zones to highlight trending and ranging markets.
How to Use:
Apply the Swing Trading Master V2 strategy to your preferred chart on TradingView.
Configure input parameters, such as signal sensitivity, stop-loss, and take-profit levels, to match your trading preferences.
Watch for buy/sell signals and monitor color-coded chart zones to guide your trading decisions.
Leverage the trailing stop feature to protect profits during trending markets.
This strategy is perfect for traders seeking to capture medium-term price swings with a disciplined, systematic approach. Access is restricted to invited users, ensuring a premium and exclusive trading experience.
Fractal Reversal TrackerThis script establishes a multi-timeframe breakout and fakeout validation system, designed for structural reversal, continuation, and false breakout detection. It leverages higher timeframe (HTF) candles to define structural levels, while using lower timeframe (LTF) data to validate the legitimacy of breakouts with fine-grained logic. At the core of the system is a mechanism that evaluates the breakout status once per closed HTF candle and stores the result in a boolean array breakout_flags, allowing for seamless state tracking without violating Pine Script's restrictions on global variable modification within functions.
For breakout detection, the script identifies classic continuation patterns—specifically, when the HTF candle closes above the previous high or below the previous low. If continuation conditions are not met, it evaluates for fakeouts (fake_up or fake_down) using detailed LTF logic. This includes tracking the LTF candle that caused the HTF high or low, identifying the first impulsive candle (bullish or bearish), and checking whether the close of the pullback candle is later violated by price. Only when these strict criteria are met is a fakeout confirmed.
Instead of relying on global boolean flags, the script stores the latest breakout status in a single-entry boolean array (breakout_flags), which is cleared and updated at each new HTF candle. This ensures clean and consistent breakout tracking while avoiding conflicts with Pine Script's scope limitations. Visually, the script draws HTF candle structures, breakout lines, and extended fakeout lines on the chart. When a confirmed, non-fake breakout occurs, it also draws an extended opening line on the LTF chart. Altogether, this system provides structural clarity and trade-level confirmation for breakout and reversal strategies.
OpenIn SHG"This indicator is a key tool for understanding the internal dynamics of the market. It analyzes open interest and compares the volume of contracts traded within the futures and financial options markets. By observing this data, it becomes possible to more accurately identify areas where significant institutional activity is concentrated. Since large market participants—such as investment funds, banks, and professional traders—require specific conditions to engage in a market, this indicator becomes a strategic advantage for anticipating significant price movements, assessing the strength of a trend, and detecting potential accumulation or distribution zones."
Buy and Sell with Entry-SL-TGT The Buy & Sell with Entry-SL-TGT Indicator is a trend-following tool that generates Buy (B), Sell (S), Risky Buy (RB), and Risky Sell (RS) signals. It is designed based on Average True Range (ATR) calculations and integrates seamlessly with basic trading studies. Developed to provide double-confirmation signals, it enhances trend-following strategies. The indicator filters standalone signals using the TD Line to reduce false positives. It plots customizable Entry, Stop-Loss (SL), and Target (TP) lines with user-defined Risk-Reward Ratios (1:1, 1:2, 1:3) and accounts for gap-ups/downs (0.3% threshold). A Smart Rebalancer plots a 12.5% downside line for positional trading. Alerts are configurable for specific or all signals. It is not intended for standalone use without market knowledge.
TBR(3AM, 9AM, 3PM)How It Works
• Monitors 3 key institutional hours: 3AM (London Open), 9AM (New York Open), and 3PM (US Close)
• Captures the full range (high and low) of each 1H candle at those times
• Confirms breakout only if the next 1H candle closes above or below the range
• Draws the zone (box) aligned with the original hourly candle (not delayed)
• Displays retracement lines at:
- 25% (initial reaction)
- 50% (mitigation level)
- 75% (deep retracement entry)
Key Features
• Precise zone alignment — Boxes are anchored to the actual breakout candle
• Mitigation logic — Zones are considered mitigated once price revisits the 0.5 level
• Expiry filter — Zones automatically remove after 7 days
• Time zone support — Choose from major time zones or fixed UTC offsets (e.g., Etc/GMT+4)
• Multi-timeframe compatible — Works on all timeframes (1m, 5m, 15m, etc.)
• Clean structure — No duplicated boxes on lower timeframes
• Fully customizable colors and visibility toggles
Settings
• Toggle visibility for 3AM / 9AM / 3PM zones independently
• Choose time zone (supports America/New_York, UTC, Asia/Tokyo, etc.)
• Adjust how long zones stay visible (in hours)
• Enable/disable auto-removal after mitigation
Ideal For
• ICT traders
• Smart money concepts (SMC)
• Zone-based entries and liquidity grabs
• Traders using mitigation and premium/discount retracement logic
Tip
• Use this script with liquidity/volume indicators or SMT divergence for even stronger confluence.
Trading Time Highlighter v2Check boxes for days of week.
Set the time you want to trade or backtest.
Adjust for UTC time.
GM
Dynamic Candle rating by Nikhil DoshiThis custom TradingView indicator assigns a rating from 1 to 5 to each candlestick on the chart based on the relative position of the close within its high-low range. It provides an at-a-glance visual assessment of candle strength or weakness, which can be useful for gauging intrabar sentiment.
Label colors provide intuitive visual cues:
🟩 1 (Green) – Strong bullish
🟢 2 (Lime) – Mild bullish
⚪ 3 (Gray) – Neutral
🟠 4 (Orange) – Mild bearish
🔴 5 (Red) – Strong bearish
Scalp SaitamaThis indicator was created for those looking for quick entries on the 1-minute chart, making it ideal for scalping operations. It uses the crossover between the 9 EMA and 20 EMA to generate buy and sell signals.
⚙️ How it works:
✅ Buy signal: When the 9 EMA crosses above the 20 EMA → Green triangle below the candle.
✅ Sell signal: When the 9 EMA crosses below the 20 EMA → Red triangle above the candle.
📌 Recommended use:
Preferably use it on the 1-minute chart.
Set alerts for EMA crossovers to manage your trade entries and exits.
Combine with other filters such as volume, RSI, liquidity, or price action to increase accuracy.
Useful for identifying moments of acceleration or short-term reversals.
Fidelity Sector Switching ProgramApproximate recreation of the "Fidelity Sector Fund Switching Program" based on Walter Deemer’s published methodology. Source: walterdeemer.com
This script analyzes Fidelity sector funds, calculates relative strength ratings, and ranks them by strength. It selects the top 3 funds for holding. Exit triggers:
Fund drops into the bottom half of all funds.
Fund falls below the S&P 500.
Fund falls below the money market rate (T-Bills).
strength_rating = (( (0.5 * 8) + (0.25 * 16) + (0.25 * 32) ) * 1000) - 1000
Notes :
Funds marked with " * * " are not official switching set but are included for long-term trend observation.
* 90d T-Bill rates are unavailable; TBIL ETF used as proxy.
* Script loads slowly due to required fund data volume.
• Minor output variations may occur if the Wednesday market is closed; script uses the next available close.
Intended Use & Disclaimer:
• Intended for educational and analytical use only. Not financial or investment advice.
• This 'program' may be at risk of Fidelity’s 90-day round-trip violation policy.
I.Tendencial liverbull C V2"This indicator has been meticulously developed through a rigorous quantitative study aimed at identifying the most probable trend-following phases in the market. By leveraging specialized moving average analysis, it detects key proportional reaction zones, allowing traders to distinguish between erratic market behavior and high-probability speculative trends. It is a tool designed to enhance decision-making, filter out low-quality signals, and improve trading efficiency."
Saitama ScalpsThis indicator was created for those looking for quick entries on the 1-minute chart, making it ideal for scalping operations. It uses the crossover between the 9 EMA and 20 EMA to generate buy and sell signals.
⚙️ How it works:
✅ Buy signal: When the 9 EMA crosses above the 20 EMA → Green triangle below the candle.
✅ Sell signal: When the 9 EMA crosses below the 20 EMA → Red triangle above the candle.
📌 Recommended use:
Preferably use it on the 1-minute chart.
Set alerts for EMA crossovers to manage your trade entries and exits.
Combine with other filters such as volume, RSI, liquidity, or price action to increase accuracy.
Useful for identifying moments of acceleration or short-term reversals.
TC/OV-S.H (Investco)"This indicator evaluates market participants’ positioning through composite calculations based on the COT (Commitments of Traders) report from the CME. It aims to identify significant imbalances between buyers and sellers by highlighting moments when major market players concentrate unusually large volumes of contracts in either the long or short direction."
EVAL.M-S.H"This is a tool for deciphering the relative value of financial assets, showing us in an easy way when a given financial asset might be considered cheap compared to its speculative value."
AI ALGO [SardarUmar]This PineScript code is a comprehensive trading strategy that combines trend identification, rejection signals, and profit target management. Here's a detailed breakdown:
Trend Identification
1. Supertrend: The code uses a Supertrend indicator with a weighted moving average (WMA) and exponential moving average (EMA) to smooth out the trend line.
2. Trend Direction: The trend direction is determined by the crossover and crossunder of the Supertrend line.
Rejection Signals
1. Bullish Rejection: A bullish rejection signal is generated when the price consolidates at the trend line and then moves above it.
2. Bearish Rejection: A bearish rejection signal is generated when the price consolidates at the trend line and then moves below it.
Profit Target Management
1. Stop Loss (SL): The stop loss level is calculated based on the Average True Range (ATR) and a specified multiplier.
2. Take Profit (TP) Levels: The code calculates multiple take profit levels (TP1, TP2, TP3) based on the stop loss distance and specified multipliers.
Alerts
1. Trend Change Alerts: Alerts are generated when the price crosses above or below the stop loss level, indicating a potential trend change.
2. Rejection Signal Alerts: Alerts are generated when the price rejects at the stop loss level, indicating a potential rejection signal.
3. TP Hit Alerts: Alerts are generated when the price reaches the take profit levels.
Visualizations
1. Trend Line: The trend line is plotted on the chart, with different colors for bullish and bearish trends.
2. Rejection Signals: Rejection signals are plotted as shapes on the chart.
3. Profit Target Levels: The profit target levels are plotted as lines on the chart.
Notes:
- This code is for educational purposes only and should not be used as is in live trading without thorough backtesting and validation.
- Traders should always use proper risk management techniques and position sizing when trading with automated systems.
The code seems well-structured and readable. However, it's essential to test and validate any trading strategy before using it in live markets.
Metrics TJ
📘 Metrics TJ
Author: Trade Journey
Type: Market Metrics / Intraday
Timeframes:
Context: 1H
Entry Points: 15m
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🎯 Core Idea
Metrics TJ is a powerful market metrics tool designed for intraday traders. It provides essential market data — including volume, ATR (Average True Range), and correlation with other assets — to help you make informed decisions. By combining multiple indicators into a unified view, this tool allows you to spot key trends, volatility, and relative strength within a single chart.
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🔍 Strategy Logic
1. Context (1H)
Before making intraday decisions on smaller timeframes (such as the 15m chart), use the 1H timeframe to understand the broader market context:
Look at candle structure, levels, volume, and other signals to identify if the market is trending or consolidating.
Example: If the 1H chart shows rising volume and a series of higher highs and lows, it indicates an uptrend.
2. Core Metrics
Day Volume (DV): Total volume traded over the past 24 hours. A sharp increase may indicate increased market interest and potential for higher volatility.
Average Volume (AV): A smoothed average volume over a set period. Spikes in average volume can highlight unusual activity, signaling potential moves.
ATR (NATR): Measures the market's volatility. A high ATR means the market is moving more dynamically, often correlating with larger price moves.
Correlation (CR): Measures how strongly the asset is correlated with a reference pair, such as BTC. A strong positive or negative correlation could indicate an impending move or reversal.
3. Trade Filter
To improve the accuracy of the strategy:
Use Volume and ATR thresholds to filter out low-volatility or range-bound conditions.
Correlation with a reference asset helps identify when the market's behavior diverges from its usual pattern.
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📈 Example of Entry Logic
1. On 1H: The market is in a confirmed uptrend, with rising volume and a series of higher highs.
2. On 15m: You observe an increase in Day Volume and Average Volume signaling potential for a breakout.
3. ATR is high, showing the market is volatile — indicating a good environment for intraday trading.
4. Correlation with BTC shows strong positive correlation, suggesting a price move in sync with the larger crypto market.
5. Trade Decision:
Enter long if the conditions are met: Volume spikes, ATR confirms volatility, and correlation supports the price direction.
Exit if volume decreases, ATR drops, or if the correlation weakens.
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⚙️ Settings
(tradingview\.com/x/Y6PjccKy/)
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📊 Why It Works
Day Volume and Average Volume help identify unusual activity, potentially signaling a price move.
ATR highlights periods of high volatility, which are crucial for intraday trading.
Correlation with major assets (like BTC) gives additional context on the market's broader movement, improving the probability of profitable trades.
Using a combination of volume and ATR reduces the likelihood of false signals, especially in choppy or low-volume environments.
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🔔 Recommendations
Best used in strong trending markets where volume and volatility are in sync.
Avoid trading in range-bound conditions where price action lacks momentum.
Use this strategy as a supplement to other technical indicators or as part of a larger trading system.
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✅ Conclusion
Metrics TJ provides a holistic view of the market, combining key metrics to help traders make smarter intraday decisions. By focusing on volume, volatility, and correlation, it can help you spot high-probability trades and avoid noise.
Try it on demo, adjust the settings to fit your trading style, and start identifying profitable opportunities!
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📌 Important Note:
This indicator is best used in combination with higher timeframe analysis. Always consider the broader market context before making any trades.
ass/dess dr ramy (8 Results)📌 Script Description for "ass/dess dr ramy (8 Results)"
This "ass/dess dr ramy (8 Results)" indicator in TradingView is designed to visualize different mathematical results based on the square root of a customizable number. The script takes an input value, calculates the square root, and then performs various arithmetic operations to generate multiple results. These results are plotted as horizontal lines on the chart to provide visual reference points.
🔍 Features
Custom Number Input
Users can input a custom number (e.g., 4.7 by default), and the script will compute the square root of this number.
Mathematical Calculations
After calculating the square root of the input number, the script performs the following operations:
Adding and subtracting different values (from 0.25 to 2).
Squaring the results of each of these operations.
Plotting Horizontal Lines
The computed results are then plotted as horizontal lines at different levels on the chart.
Different colors are used for each result to make them visually distinguishable:
Blue for ±2 results.
Green for ±1 results.
Red for ±0.25 results.
Orange for ±0.75 results.
Purple for ±1.25 results.
Yellow for ±0.5 results.
Fuchsia for ±1.5 results.
Teal for ±1.75 results.
⚙️ Parameters
Custom Number Input: Users can enter a custom number, which is used in the square root calculation.
The results are dynamically updated based on this custom number.
📝 Example Use Case
This script can be useful for traders who want to observe potential price levels or areas of support and resistance based on mathematical calculations that are derived from a single input.
The multiple levels plotted can act as dynamic reference points, which may assist in making technical analysis decisions.