จุดหมุนและระดับ
Rank Correlation Index (RCI) Strategy newmy firsht scripy by test only test
my firsht scripy by test only test
my firsht scripy by test only test
onli test
Info Box⚙️ Purpose
Shows useful trade and event-related data such as:
% Distance from stop levels (D, DH)
Earnings countdown in bars
All displayed in a single floating info box (table) on the chart.
📋 Key Features
Customizable Display
Choose table position (Top Right, Bottom Center, etc.)
Choose table size (Auto, Large, Tiny, etc.)
Custom text and background colors
Metrics Shown
D: % Distance from stop (difference between close and low/high)
DH: % Distance from midpoint of the candle
Earnings Countdown: Number of bars until next earnings event
Conditional Styling
If earnings are within 3 bars, text color turns red as a warning.
Execution Conditions
Runs only on daily timeframe
Updates on last bar only (no historical clutter)
Output
Displays all selected metrics in one line, separated by “×”
e.g. → D: -2.1% × 5 × DH: 1.4%
🧩 Overall Function
Creates a clean, customizable “info box” showing trade distances and upcoming earnings countdown for quick decision-making directly on your TradingView chart.
TRI - Support/Resistance ZonesTRI - SUPPORT/RESISTANCE ZONES v1.0
DESCRIPTION:
Professional support and resistance level indicator based on body pivot analysis.
Unlike traditional indicators that use wicks (high/low), this tool identifies key levels
using candle bodies (open/close), providing more reliable and significant price zones.
KEY FEATURES:
Body-based pivot detection for more meaningful levels
Automatic level validation (excludes breached levels)
Smart level filtering (avoids cluttered charts)
Configurable number of support/resistance levels (1-5 each)
Visual customization (colors, transparency, line extension)
Real-time breakout alerts for resistance and support levels
Clean and intuitive interface with price labels
HOW IT WORKS:
The indicator scans historical price action to identify pivot points based on candle bodies.
Only valid levels (not breached since formation) are displayed. Levels are automatically
filtered by proximity to avoid visual clutter while maintaining the most relevant zones.
Breakout alerts trigger when price closes above resistance or below support.
BEST USE:
Ideal for swing trading, day trading, and identifying key decision points.
Works on all timeframes and asset classes.
MA 250 & 1250 + OverextensionThis indicator is designed for long-term and macro traders who use moving averages to identify structural support levels and potential overextended tops.
It plots two key simple moving averages:
250-day SMA (≈1-year average)
1250-day SMA (≈5-year average)
While the 1250-day MA often acts as strong support during major market bottoms, the 250-day MA serves as a dynamic reference for identifying potential tops.
The core innovation of this script is the addition of user-defined overextension zones above the 250-day MA:
+30% zone: highlights potential cyclical tops (ideal for less volatile assets)
+50% zone: marks extreme overextension levels (useful for volatile instruments)
You can independently choose which background zone to display:
"+30% only"
"+50% only"
"Both" (with +50% taking visual priority)
"None"
Visual cues include:
Colored circles when price enters each overextension zone
Optional semi-transparent background highlighting active zones
Clean, non-repainting logic based on closing prices
Use cases:
Confirming structural support near the 1250-day MA during deep corrections
Assessing risk/reward when price moves far above the 250-day MA
Avoiding late long entries in euphoric market phases
Identifying potential distribution zones in long-term uptrends
Note: This tool does not generate buy/sell signals on its own. It is intended as a contextual filter to complement price action, volume, momentum, and macro analysis.
MA Golden cross & Death crossthis indicator marks the golden cross and death cross on top of the 50 & 200 MA
to use this indicator you gotta have your MA50&200 (50, close, 200, close) indicator set up
@razsecretsss
DTCC RECAPS Dates 2020-2025This is a simple indicator which marks the RECAPS dates of the DTCC, during the periods of 2020 to 2025.
These dates have marked clear settlement squeezes in the past, such as GME's squeeze of January 2021.
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The Depository Trust & Clearing Corporation (DTCC) has published the 2025 schedule for its Reconfirmation and Re-pricing Service (RECAPS) through the National Securities Clearing Corporation (NSCC). RECAPS is a monthly process for comparing and re-pricing eligible equities, municipals, corporate bonds, and Unit Investment Trusts (UITs) that have aged two business days or more .
At its core, the Reconfirmation and Re-pricing Service (RECAPS) is a risk management tool used by the National Securities Clearing Corporation (NSCC), a subsidiary of the DTCC. Its primary purpose is to reduce the risks associated with aged, unsettled trades in the U.S. securities market .
When a trade is executed, it is sent to the NSCC for clearing and settlement. However, for various reasons, some trades may not settle on their scheduled date and become "aged." These unsettled trades create risk for both the trading parties and the clearinghouse (NSCC) because the value of the underlying securities can change over time. If a trade fails to settle and one of the parties defaults, the NSCC may have to step in to complete the transaction at the current market price, which could result in a loss.
RECAPS mitigates this risk by systematically re-pricing these aged, open trading obligations to the current market value. This process ensures that the financial obligations of the clearing members accurately reflect the present value of the securities, preventing the accumulation of significant, unmanaged market risk .
Detailed Mechanics: How Does it Work?
The RECAPS process revolves around two key dates you asked about: the RECAPS Date and the Settlement Date .
The RECAPS Date: On this day, the NSCC runs a process to identify all eligible trades that have remained unsettled for two business days or more. These "aged" trades are then re-priced to the current market value. This re-pricing is not just a simple recalculation; it generates new settlement instructions. The original, unsettled trade is effectively cancelled and replaced with a new one at the current market price. This is done through the NSCC's Obligation Warehouse.
The Settlement Date: This is typically the business day following the RECAPS date. On this date, the financial settlement of the re-priced trades occurs. The difference in value between the original trade price and the new, re-priced value is settled between the two trading parties. This "mark-to-market" adjustment is processed through the members' settlement accounts at the DTCC.
Essentially, the process ensures that any gains or losses due to price changes in the underlying security are realized and settled periodically, rather than being deferred until the trade is ultimately settled or cancelled.
Are These Dates Used to Check Margin Requirements?
Yes, indirectly, this process is closely tied to managing margin and collateral requirements for NSCC members. Here’s how:
The NSCC requires its members to post collateral to a clearing fund, which acts as a mutualized guarantee against defaults. The amount of collateral each member must provide is calculated based on their potential risk exposure to the clearinghouse.
By re-pricing aged trades to current market values through RECAPS, the NSCC gets a more accurate picture of each member's outstanding obligations and, therefore, their current risk profile. If a member has a large number of unsettled trades that have moved against them in value, the re-pricing will crystallize that loss, which will be settled the next day.
This regular re-pricing and settlement of aged trades prevent the build-up of large, unrealized losses that could increase a member's risk profile beyond what their posted collateral can cover. While RECAPS is not the only mechanism for calculating margin (the NSCC has a complex system for daily margin calls based on overall portfolio risk), it is a crucial component for managing the specific risk posed by aged, unsettled transactions. It ensures that the value of these obligations is kept current, which in turn helps ensure that collateral levels remain adequate.
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Future dates of 2025:
- November 12, 2025 (Wed)
- November 25, 2025 (Tue)
- December 11, 2025 (Thu)
- December 29, 2025 (Mon)
The dates for 2026 haven't been published yet at this time.
The RECAPS process is essentially the industry's way of retrying the settlement of all unresolved FTDs, netting outstanding obligations, and gradually forcing resolution (either delivery or buy-in). Monitoring RECAPS cycles is one way to track the lifecycle, accumulation, and eventual resolution (or persistence) of failures to deliver in the U.S. market.
The US Stock market has become a game of settlement dates and FTDs, therefore this can be useful to track.
Market SessionsMarket Sessions (Asian, London, NY, Pacific)
Summary
This indicator plots the main global market sessions (Asian, European, American, Pacific) as boxes on your chart, complete with dynamic high/low tracking.
It's an essential tool for intraday traders to track session-based volatility patterns and visualize key support/resistance levels (like the Asian Range) that often define price action for the rest of the day.
Who it’s for
Intraday traders, scalpers, and day traders who need to visualize market hours and session-based ranges. If your strategy depends on the London open, the New York close, or the Asian range, this script will map it out for you.
What it shows
Customizable Session Boxes: Four fully configurable boxes for the Asian, European (London), American (New York), and Pacific (Sydney) sessions.
Session High & Low: The script tracks and boxes the highest high and lowest low of each session, dynamically updating as the session progresses.
Session Labels: Clear labels (e.g., "AS", "EU") mark each session, anchored to the start time.
Key Features
Powerful Timezone Control: This is the core feature.
Use Exchange Timezone (Default): Simply enter session times (e.g., 8:00 for London) relative to the exchange's timezone (e.g., "NASDAQ" or "BINANCE").
Use UTC Offset: Uncheck the box and enter a UTC offset (e.g., +3 or -5). Now, all session times you enter are relative to that specific UTC offset. This gives you full control regardless of the chart you're on.
Fully Customizable: Toggle any session on/off.
Style Control: Change the fill color, border color, transparency, border width, and line style (Solid, Dashed, Dotted) for each session individually.
Smart Labels: Labels stay anchored to the start of the session (no "sliding") and float just above the session high.
Why this helps
Track Volatility & Market Behavior: Visually identify the "personality" of each session. Some sessions might consistently produce powerful pumps or dumps, while others are prone to sideways "chop" or accumulation. This indicator helps you see these repeating patterns.
Find Key Support/Resistance Levels: The High and Low of a session (e.g., the Asian Range) often become critical support and resistance levels for the next session (e.g., London). This script makes it easy to spot these "session-to-session" S/R flips and reactions.
Aid Statistical Analysis: The script provides the core visual data for your statistical research. You can easily track how often the London session breaks the Asian high, or which session is most likely to reverse the trend, helping you build a robust trading plan.
Context is King: Instantly see which market is active, which are overlapping (like the high-volume London-NY overlap), and which have closed.
Quick setup
Go to Timezone Settings.
Decide how you want to enter times:
Easy (Default): Leave Use Exchange Timezone checked. Enter session times based on the chart's native exchange (e.g., for BTC/USDT on Binance, use UTC+0 times).
Manual (Pro): Uncheck Use Exchange Timezone. Enter your UTC Offset (e.g., +2 for Berlin). Now, enter all session times as they appear on the clock in Berlin.
Go to each session tab (Asian, European...) to enable/disable it and set the correct start/end hours and minutes.
Style the colors to match your chart theme.
Disclaimer
For educational/informational purposes only; not financial advice. Trading involves risk—manage it responsibly.
Lateral Market DetectorOverview
The Lateral Market Detector is a TradingView indicator designed to identify and highlight range-bound market conditions (sideways movement) where price oscillates between defined support and resistance levels with minimal overall movement.
How It Works
The indicator analyzes price action using a dynamic range detection algorithm:
Range Calculation: Examines the last N candlesticks (default 50, adjustable 20-200) and calculates the difference between the highest high and lowest low within this period.
Laterality Detection: Compares the calculated range against a configurable tolerance threshold (in pips). If the range is smaller than the tolerance, the market is identified as laterally moving.
Confirmation Logic: Counts consecutive candlesticks that remain within the detected range. The indicator only confirms a lateral condition when the minimum number of consecutive candlesticks has been reached (default 15).
Visual Representation: Once confirmed, displays a colored rectangle (box) spanning from the range's start point to the current bar, with horizontal dashed lines marking the high and low levels.
Dynamic Update: Continuously updates the rectangle as new candlesticks form, adjusting the top and bottom boundaries if price remains within the lateral zone.
Key Features
Multi-Timeframe Optimization
Automatic timeframe adaptation using square root scaling
When enabled, parameters adjust proportionally based on the current timeframe (M1, M5, M15, M30, H1, D1, W1, MN)
Prevents the need for manual parameter adjustments across different timeframes
Formula: Adjusted_Tolerance = Base_Tolerance × √(Timeframe_Multiplier)
Customizable Parameters
Tolerance Pip (M1): Sets the maximum range width to identify laterality
Minimum Candlesticks: Minimum consecutive candles required to confirm a lateral zone
Candlesticks to Analyze: Lookback period for range calculation
Breakout Sensitivity: Controls the threshold for identifying range breakouts
Full Visual Customization
Rectangle color and transparency
High/Low line color and thickness
Automatic status display showing current timeframe, lateral confirmation, and active parameters
Use Cases
Range Trading: Identify optimal entry and exit points at support/resistance
Breakout Trading: Visual confirmation before entering breakout trades
Trend Analysis: Distinguish between trending and consolidating markets
Risk Management: Define clear stop-loss levels based on range boundaries
Technical Specifications
Indicator Type: Overlay
Maximum Boxes: 100 (prevents performance degradation)
Supported Assets: Forex, CFDs, Stocks, Cryptocurrencies
Pine Script Version: v5
Chart Display: Real-time updates on each new candlestick
Swing High/Low (Adaptive)Swing High/Low (Adaptive)
Overview
The Indicator is a pivot point detection tool that identifies swing highs and lows with invalidation tracking. The key differentiator of this indicator is its adaptive invalidation system . Most pivot indicators simply mark every detected pivot without considering whether subsequent price action has made earlier pivots less relevant.
How It Works
The indicator uses Pine Script's native ta.pivotlow() and ta.pivothigh() functions combined with custom logic to detect swing points. The adaptive algorithm evaluates each potential pivot against the following criteria:
For Low Pivots:
Confirms a new low pivot when it's the next expected pivot type in the swing sequence
If consecutive lows occur, only accepts a new low if it's lower than the previous low
Marks the previous low as invalidated when a stronger low is detected
For High Pivots:
Confirms a new high pivot when it's the next expected pivot type in the swing sequence
If consecutive highs occur, only accepts a new high if it's higher than the previous high
Marks the previous high as invalidated when a stronger high is detected
This approach ensures that the indicator maintains clean swing structure and automatically adjusts when price action creates stronger pivots, providing a more realistic view of support and resistance levels.
Settings
Pivot Settings:
Left Bars : Number of bars to the left required for pivot confirmation (default: 5)
Right Bars : Number of bars to the right required for pivot confirmation (default: 5)
Pivot Display Settings:
Toggle visibility for low and high pivots independently
Customizable colors for valid pivot markers
Low pivots marked with upward triangle (▲)
High pivots marked with downward triangle (▼)
Invalid Pivot Settings:
Optional display of invalidated pivots
Separate color customization for invalid low and high pivots
Helps visualize where market structure expectations changed
ZigZag Settings:
Toggle ZigZag line display on/off
Separate colors for upward and downward price swings
Adjustable line width
Use Cases
1. Market Structure Analysis
Identify key swing points to understand the current market structure and trend direction. The adaptive invalidation feature ensures you're always looking at the most relevant pivots.
2. Support and Resistance Identification
Use confirmed swing highs and lows as potential support and resistance levels for entry and exit planning.
3. Trend Confirmation
The ZigZag visualization helps confirm trends by showing the sequence of higher highs and higher lows (uptrend) or lower highs and lower lows (downtrend).
Disclaimer
This indicator is designed as a technical analysis tool and should be used in conjunction with other forms of analysis and proper risk management. Past performance does not guarantee future results, and traders should thoroughly test any strategy before implementing it with real capital.
ATRThis script displays the Average True Range (ATR) value and the ATR as a percentage of the current closing price directly on the main chart as a clean table, with no lines or plots. It allows users to easily monitor both absolute volatility and its relative magnitude, making comparisons across different assets intuitive. The display position is customizable, offering flexibility for personal chart layouts. Ideal for traders seeking quick volatility insights, risk management guidance, or portfolio-wide comparisons.
Auto Session Fib/Open LevelsThis indicator automatically plots fib levels and key opening levels so you don't have to (:
Default levels are set to Longhorn Trades (Peter Kennedy) fib settings and two key openings of my liking.
Sultan_Mstrading Dynamic Levels (Auto-Market Final Version)The Sultan_Mstrading Dynamic Levels indicator automatically generates dynamic support and resistance levels based on the market type or trading symbol (such as Gold, Bitcoin, Indices, Oil, or Forex pairs).
It plots multiple levels above and below the current price with adjustable spacing, and automatically highlights the nearest level to the current price for quick visual reference
Liquidity Levels - PMH/PWH/PDH/HODWhat is it?
An indicator that tracks the main liquidity levels on TradingView, displaying the highs and lows of reference for month, week, previous day and current day.
What's it for?
It identifies price zones where there are many pending orders (liquidity). Traders use it to:
Find support and resistance points
Identify areas where price could bounce or break through
Receive alerts when price touches or breaks these levels
Which levels does it show?
LevelDescriptionColorLinePMH/PMLPrevious month's high and lowPurpleSolidPWH/PWLPrevious week's high and lowBlueSolidPDH/PDLPrevious day's high and lowOrangeSolidHOD/LODCurrent day's high and lowGrayDotted
How to use it?
Apply the indicator to your chart
Customize colors and enable/disable the levels you prefer
Set alerts to receive notifications when price touches or breaks levels
Use the levels to make trading decisions (entry, exit, stop loss)
Perfect for: Scalping, Day Trading, Swing Trading on any asset (forex, crypto, stocks)
THAIT Moving Averages Tight within # ATR EMA SMA convergence
THAIT(tight) indicator is a powerful tool for identifying moving average convergence in price action. This indicator plots four user-defined moving averages (EMA or SMA). It highlights moments when the MAs converge within a user specified number of ATRs, adjusted by the 14-period ATR, signaling potential trend shifts or consolidation.
A convergence is flagged when MA1 is the maximum, the spread between MAs is tight, and the price is above MA1, excluding cases where the longest MA (MA4) is the highest. The indicator alerts and visually marks convergence zones with a shaded green background, making it ideal for traders seeking precise entry or exit points.
Session Highs and LowsThis indicator highlights the New York, London, and Asian trading sessions — plotting each session’s highs and lows directly on your chart to help visualize intraday ranges and liquidity levels.
⸻
✨ Features
• Session Range Visualization
Automatically marks the high and low of each trading session with colored lines.
This makes it easy to identify where price expanded, consolidated, or built liquidity during each market phase.
• Session Background Zones (Optional)
Toggle background fills to highlight active sessions for clearer visual separation of NY, London, and Asian trading hours.
• Customizable Settings
• Enable or disable each session independently
• Adjust session times and colors
• Choose whether to fill session backgrounds
• Timezone Aware
All sessions are aligned to New York time by default, ensuring consistent mapping across instruments.
⸻
🎯 Use Case
A perfect tool for traders who track session-based liquidity, breaks of structure, or session-to-session continuity.
Quickly spot the Asian range, London expansion, and New York reversal windows — key components in intraday strategy development.
⸻
⚙️ Inputs
• Toggle sessions: NY / London / Asian
• Background fill on/off
• Label color customization
• Adjustable session times
⸻
📈 Why Use It
Understanding where each session establishes its range high and low provides critical context for liquidity grabs, session overlaps, and structural shifts throughout the day.
This simple yet powerful visual map enhances precision for ICT-style, smart money, or price action-based trading models.
Fixed Dollar Risk LinesFixed Dollar Risk Lines is a utility indicator that converts a user-defined dollar risk into price distance and plots risk lines above and below the current price for popular futures contracts. It helps you place stops or entries at a consistent dollar risk per trade, regardless of the market’s tick value or tick size.
What it does:
-You choose a dollar amount to risk (e.g., $100) and a futures contract (ES, NQ, GC, YM, RTY, PL, SI, CL, BTC).
The script automatically:
-Looks up the contract’s tick value and tick size
-Converts your dollar risk into number of ticks
-Converts ticks into price distance
Plots:
-Long Risk line below current price
-Short Risk line above current price
-Optional labels show exact price levels and an information table summarizes your settings.
Key features
-Consistent dollar risk across instruments
-Supports major futures contracts with built‑in tick values and sizes
-Toggle Long and Short risk lines independently
-Customizable line width and colors (lines and labels)
-Right‑axis price level display for quick reading
-Compact info table with contract, risk, and computed prices
Typical use
-Long setups: use the green line as a stop level below entry to match your chosen dollar risk.
-Short setups: use the red line as a stop level above entry to match your chosen dollar risk.
-Quickly compare how the same dollar risk translates to distance on different contracts.
Inputs
-Risk Amount (USD)
-Futures Contract (ES, NQ, GC, YM, RTY, PL, SI, CL, BTC)
-Show Long/Short lines (toggles)
-Line Width
-Colors for lines and labels
Notes
-Designed for futures symbols that match the listed contracts’ tick specs. If your symbol has different tick value/size than the defaults, results will differ.
-Intended for educational/informational use; not financial advice.
-This tool streamlines risk placement so you can focus on execution while keeping dollar risk consistent across markets.
Fib OscillatorWhat is Fib Oscillator and How to Use it?
🔶 1. Conceptual Overview
The Fib Oscillator is a Fibonacci-based relative position oscillator.
Instead of measuring momentum (like RSI or MACD), it measures where price currently sits between the recent swing high and swing low, expressed as a percentage within the Fibonacci range.
In other words:
It answers: “Where is price right now within its most recent dynamic range?”
It visualizes retracement and extension zones numerically, providing continuous feedback between 0% and 100% (and beyond if extended).
🔶 2. What the Script Does
The indicator:
Automatically detects recent high and low levels using an adaptive lookback window, which depends on ATR volatility.
Calculates the current price’s position between those levels as a percentage (0–100).
Plots that percentage as an oscillator — showing visually whether price is near the top, middle, or bottom of its recent range.
Overlays Fibonacci retracement levels (23.6%, 38.2%, 50%, 61.8%, 78.6%) as reference zones.
Generates alerts when the oscillator crosses key Fib thresholds — which can signal retracement completion, breakout potential, or pullback exhaustion.
🔶 3. Technical Flow Breakdown
(a) Inputs
Input Description Default Notes
atrLength ATR period used for volatility estimation 14 Used to dynamically tune lookback sensitivity
minLookback Minimum lookback window (candles) 20 Ensures stability even in low volatility
maxLookback Maximum lookback window 100 Limits over-expansion during high volatility
isInverse Inverts chart orientation false Useful for inverse markets (e.g. shorts or inverse BTC view)
(b) Volatility-Adaptive Lookback
Instead of using a fixed lookback, it calculates:
lookback
=
SMA(ATR,10)
/
SMA(Close,10)
×
500
lookback=SMA(ATR,10)/SMA(Close,10)×500
Then it clamps this between minLookback and maxLookback.
This makes the oscillator:
More reactive during high volatility (shorter lookback)
More stable during calm markets (longer lookback)
Essentially, it self-adjusts to market rhythm — you don’t have to constantly tweak lookback manually.
(c) High-Low Reference Points
It takes the highest and lowest points within the dynamic lookback window.
If isInverse = true, it flips the candle logic (useful if viewing inverse instruments like stablecoin pairs or when analyzing bearish setups invertedly).
(d) Oscillator Core
The main oscillator line:
osc
=
(
close
−
low
)
(
high
−
low
)
×
100
osc=
(high−low)
(close−low)
×100
0% = Price is at the lookback low.
100% = Price is at the lookback high.
50% = Midpoint (balanced).
Between Fibonacci percentages (23.6%, 38.2%, 61.8%, etc.), the oscillator indicates retracement stages.
(e) Fibonacci Levels as Reference
It overlays horizontal reference lines at:
0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%
These act as support/resistance bands in oscillator space.
You can read it similar to how traders use Fibonacci retracements on charts, but compressed into a single line oscillator.
(f) Alerts
The script includes built-in alert conditions for crossovers at each major Fibonacci level.
You can set TradingView alerts such as:
“Oscillator crossed above 61.8%” → possible bullish continuation or breakout.
“Oscillator crossed below 38.2%” → possible pullback or correction starting.
This allows automated monitoring of fib retracement completions without manually drawing fib levels.
🔶 4. How to Use It
🔸 Visual Interpretation
Oscillator Value Zone Market Context
0–23.6% Deep Retracement Potential exhaustion of a down-move / early reversal
23.6–38.2% Shallow retracement zone Possible continuation phase
38.2–50% Mid retracement Neutral or indecisive structure
50–61.8% Key pivot region Common trend resumption zone
61.8–78.6% Late retracement Often “last pullback” area
78.6–100% Near high range Possible overextension / profit-taking
>100% Range breakout New leg formation / expansion
🔸 Practical Application Steps
Load the indicator on your chart (set overlay = false, so it’s below the main price chart).
Observe oscillator position relative to fib bands:
Use it to determine retracement depth.
Combine with structure tools:
Trend lines, swing points, or HTF market structure.
Use crossovers for timing:
Crossing above 61.8% in an uptrend often confirms breakout continuation.
Crossing below 38.2% in a downtrend signals renewed downside momentum.
For range markets, oscillator swings between 23.6% and 78.6% can define accumulation/distribution boundaries.
🔶 5. When to Use It
During Retracements: To gauge how deep the pullback has gone.
During Range Markets: To identify relative overbought/oversold positions.
Before Breakouts: Crossovers of 61.8% or 78.6% often precede impulsive moves.
In Multi-Timeframe Contexts:
LTF (15M–1H): Detect intraday retracement exhaustion.
HTF (4H–1D): Confirm major range expansions or key reversal zones.
🔶 6. Ideal Companion Indicators
The Fib Oscillator works best when contextualized with structure, volatility, and trend bias indicators.
Below are optimal pairings:
Companion Indicator Purpose Integration Insight
Market Structure MTF Tool Identify active trend direction Use Fib Oscillator only in trend direction for cleaner signals
EMA Ribbon / Supertrend Trend confirmation Align oscillator crossovers with EMA bias
ATR Bands / Volatility Envelope Validate breakout strength If oscillator >78.6% & ATR rising → valid breakout
Volume Oscillator Confirm retracement strength Volume contraction + oscillator under 38.2% → potential reversal
HTF Fib Retracement Tool Combine LTF oscillator with HTF fib confluence Powerful multi-timeframe setups
RSI or Stochastic Measure momentum relative to position RSI divergence while oscillator near 78.6% → exhaustion clue
🔶 7. Understanding the Settings
Setting Function Practical Impact
ATR Period (14) Controls volatility sampling Higher = smoother lookback adaptation
Min Lookback (20) Smallest window allowed Lower = more reactive but noisier
Max Lookback (100) Largest window allowed Higher = smoother but slower to react
Inverse Candle Chart Flips oscillator vertically Useful when analyzing bearish or inverse scenarios (e.g. short-side fib mapping)
Recommended Configs:
For scalping/intraday: ATR 10–14, lookback 20–50
For swing/position trading: ATR 14–21, lookback 50–100
🔶 8. Example Trade Logic (Practical Use)
Scenario: Uptrend on 4H chart
Oscillator drops to below 38.2% → retracement zone
Price consolidates → oscillator stabilizes
Oscillator crosses above 50% → pullback ending
Entry: Long when oscillator crosses above 61.8%
Exit: Near 78.6–100% zone or upon divergence with RSI
For Short Bias (Inverse Setup):
Enable isInverse = true to visually flip the oscillator (so lows become highs).
Use the same thresholds inversely.
🔶 9. Strengths & Limitations
✅ Strengths
Dynamic, self-adapting to volatility
Quantifies Fib retracement as a continuous function
Compact oscillator view (no clutter on chart)
Works well across all timeframes
Compatible with both trending and ranging markets
⚠️ Limitations
Doesn’t define trend direction — must be used with structure filters
Can whipsaw during choppy consolidations
The “lookback auto-adjust” may lag in sudden volatility shifts
Shouldn’t be used standalone for entries without structural confluence
🔶 10. Summary
The “Fib Oscillator” is a dynamic Fibonacci-relative positioning tool that merges retracement theory with adaptive volatility logic.
It gives traders an intuitive, quantified view of where price sits within its recent fib range, allowing anticipation of pullbacks, reversals, or breakout momentum.
Think of it as a "Fibonacci RSI", but instead of momentum strength, it shows positional depth — the vibrational location of price within its natural swing cycle.
Trappin Previous Timeframe LevelsTrappin Previous Timeframe Levels (Trappin PTL)
Overview
Trappin PTL is a comprehensive multi-timeframe support and resistance indicator that displays key price levels from multiple timeframes on a single chart. This indicator helps traders identify critical price zones where reversals or breakouts are likely to occur, making it ideal for both intraday and swing trading strategies.
💡 Origin Story
I got tired of manually drawing these lines that I learned from watching Wallstreet Trapper on Trappin Tuesdays YouTube live streams. After repeatedly marking the same previous timeframe levels on every chart, I decided to automate the process. Hope it helps you as much as it helps me!
Key Features
📊 Multiple Timeframe Levels
The indicator tracks and displays high/low levels from:
Previous Hour (PHH/PHL) - Purple lines
Previous Day (PDH/PDL) - Green lines
Previous Week (PWH/PWL) - Yellow lines
Previous Month (PMH/PML) - Blue lines
All-Time High (ATH) - Red line
52-Week High - Orange line
🎨 Fully Customizable
Colors - Change the color of each timeframe independently
Line Styles - Choose between Solid, Dashed, or Dotted lines
Line Widths - Adjust thickness from 1-4 pixels
All settings organized in intuitive groups for easy access
📍 Smart Line Extension
Lines extend back to show when the level was established
Lines project forward to show current relevance
Historical context helps identify key support/resistance zones
🏷️ Clear Price Labels
Each level displays its exact price value (no currency symbols)
Labels positioned horizontally to avoid overlap
Adaptive text color for visibility on any chart theme (dark or light mode)
Why "Trappin"?
The name is a tribute to Wallstreet Trapper and his Trappin Tuesdays YouTube live streams, where I learned the importance of marking previous timeframe levels. The name also reflects the indicator's purpose: identifying price levels where traders often get "trapped" - whether it's bulls getting trapped below resistance or bears getting trapped above support. These levels represent zones where significant order flow and liquidity exist, making them prime areas for reversals or breakouts.
Credits
Created by resoh
Inspired by Wallstreet Trapper and Trappin Tuesdays YouTube live streams
This indicator is provided for educational and informational purposes. Always practice proper risk management and conduct your own analysis before making trading decisions.
Version History
v1.0 - Initial Release
Multi-timeframe high/low levels
All-time high tracking
52-week high tracking
Fully customizable colors, styles, and widths
Adaptive labels with price display
Smart line extension showing historical context
Pullback Finder AutoPullback Finder Auto — Intraday Momentum Cooling Detector
Pullback Finder Auto is designed to find stocks that have made a strong intraday run from the open and are now cooling off while still positive — the classic pullback zone where continuation entries often form.
It automatically measures the percentage change from today’s open and highlights bars where:
the stock has already run at least a chosen amount (for example +10 % above its open), and
the current price is still up but within a defined pullback range (for example between +3 % and +8 % above the open).
When those two conditions are met, you’ll see green graphics on your chart:
Green triangle markers under the candle.
Optionally, small green PB labels such as “PB 5.2 %” showing the exact percentage from open when the setup occurs.
A green highlight in the sub‑window or line plot if you left the “Change from Open %” plot active.
These are your visual cues that a pullback has formed — a stock that previously ran and is now pulling back while holding strength.
How it works
The script continuously monitors:
• High % from Open = (high − open) / open × 100
• Current % from Open = (close − open) / open × 100
A “Pullback” condition triggers only if:
the high % is greater than or equal to your minimum run threshold, and
the current % sits between your minimum and maximum pullback percentages.
When both are true, the indicator plots the green triangle and optional label.
Default parameters
Min Run % = 10
Min Current % = 3
Max Current % = 8
Session Start = 09:30 – 16:00 US Eastern
All can be changed to fit different volatility levels.
Lower values catch smaller moves; higher values restrict signals to explosive runners.
Using it in real time
During live trading, Pullback Finder Auto updates with each candle.
When a bar first enters the target zone, a green triangle and PB label will appear immediately under that candle.
These are dynamic: if price moves out of the valid zone on the same bar, the marker may disappear.
You can create an alert on “Pullback Finder Auto – Pullback Candidate” to be notified whenever new triangles appear across your active symbols.
This works on any timeframe:
use shorter timeframes such as 1‑minute or 5‑minute charts for fast, intraday detection,
use longer timeframes for a broader view of the day’s market structure.
Using it on past data (scanning backwards)
When you scroll back through history, past green triangles remain visible at every bar where the condition was true at that time.
The PB labels next to those candles show exactly how far above the open the stock was trading during the historical setup.
Use this for visual back‑testing: study how price reacted after these pullback points, adjust the thresholds, and refine your criteria for different markets.
The grey or teal line under the chart (if enabled) shows the percent‑from‑open curve so you can see the full run‑and‑cool pattern leading into each triangle signal.
If you convert the indicator into a strategy, the same condition becomes historical entry points you can test with the Strategy Tester.
Summary
1. Pullback Finder Auto paints green triangles and PB labels whenever an intraday pullback fits your criteria.
2. It runs dynamically in real‑time and also preserves markers for historical review.
3. Adjust the thresholds to match volatility or timeframe.
4. Ideal for visual scanning, watchlist alerts, or integration into a lightweight screening strategy.
Daily Pivot Points LEVELS S-RThis indicator plots daily pivot points based on the previous day’s high, low, and close. It displays the main pivot line, as well as the first levels of support (S1) and resistance (R1), with optional second levels (R2, S2) for additional reference. Ideal for
