Swing High/Low Support ResistanceThis indicator detects recent swing highs and swing lows using Pine Script pivots and marks them with visible chart labels. These points highlight potential turning areas in price action and can help identify short-term support or resistance for intraday or swing trading.
How to Apply
Locate the indicator in TradingView’s “Indicators” library; search by its name or author.
Click the star icon to mark it as a favourite for quick future access.
Apply directly to your chosen chart and timeframe with a single click—no need to enter or paste code.
Adjust the input parameters from the settings panel if desired to personalize swing sensitivity.
Choose Your Timeframe:
Apply to any intraday or swing timeframe; shorter lengths show more frequent pivots.
Set Sensitivity:
Use the “Swing Detection Length” input to adjust how many bars define a pivot, making swings more or less sensitive to price action.
How to Analyze
Swing High Labels: Mark recent local peaks, suggesting resistance zones or possible reversal points.
Swing Low Labels: Highlight recent bottoms, indicating support or bounce areas.
Monitor labels for clustering or repeated appearance at similar levels, which may strengthen their importance as price reacts near those points.
Track how price behaves after forming new pivots—multiple tests can affirm the relevance of a level.
What Traders Should Watch
Price reaction at labeled areas: frequent tests may anticipate reversals or breakouts.
Transition between higher highs/higher lows (uptrend) vs. lower highs/lower lows (downtrend).
Combine the swing levels with other analysis methods, such as volume, RSI, or EMA, for better signal quality.
Features Included
Dynamic swing high and low detection via confirmed pivots.
Direct labeling on the chart for market structure clarity.
No repainting—labels show only after complete formation.
Fully automatic updates as price action unfolds.
No promotional, external, or non-compliant elements; open source and safe for public or private use.
Compliance Notes
No signals, buy/sell calls, financial advice, or performance claims.
No hidden code, advertising, or off-platform contacts.
Pure educational and analytical utility; adheres to all TradingView house rules and script publishing policies.
Disclaimer
This indicator is for informational purposes only and does not constitute advice. Always do your own research and use proper risk management.
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Smarter Money Volume Rejection Blocks [PhenLabs]📊 Smarter Money Volume Rejection Blocks – Institutional Rejection Zone Detection
The Smarter Money Volume Rejection Blocks indicator combines high-volume analysis with statistical confidence intervals to identify where institutional traders are actively defending price levels through volume spikes and rejection patterns.
🔥 Core Methodology
Volume Spike Detection analyzes when current volume exceeds moving average by configurable multipliers (1.0-5.0x) to identify institutional activity
Rejection Candle Analysis uses dual-ratio system measuring wick percentage (30-90%) and maximum body ratio (10-60%) to confirm genuine rejections
Statistical Confidence Channels create three-level zones (upper, center, lower) based on ATR or Standard Deviation calculations
Smart Invalidation Logic automatically clears zones when price significantly breaches confidence levels to maintain relevance
Dynamic Channel Projection extends confidence intervals forward up to 200 bars with customizable length
Support Zone Identification detects bullish rejections where smart money absorbs selling pressure with high volume and strong lower wicks
Resistance Zone Mapping identifies bearish rejections where institutions defend price levels with volume spikes and pronounced upper wicks
Visual Information Dashboard displays real-time status table showing volume spike conditions and active support/resistance zones
⚙️ Technical Configuration
Dual Confidence Interval Methods: Choose between ATR-Based for trend-following environments or StdDev-Based for range-bound statistical precision
Volume Moving Average: Configurable period (default 20) for baseline volume comparison calculations
Volume Spike Multiplier: Adjustable threshold from 1.0 to 5.0 times average volume to filter institutional activity
Rejection Wick Percentage: Set minimum wick size from 30% to 90% of candle range for valid rejection detection
Maximum Body Ratio: Configure body-to-range ratio from 10% to 60% to ensure genuine rejection structures
Confidence Multiplier: Statistical multiplier (default 1.96) for 95% confidence interval calculations
Channel Projection Length: Extend confidence zones forward from 10 to 200 bars for anticipatory analysis
ATR Period: Customize Average True Range lookback from 5 to 50 bars for volatility-based calculations
StdDev Period: Adjust Standard Deviation period from 10 to 100 bars for statistical precision
🎯 Real-World Trading Applications
Identify high-probability support zones where institutional buyers have historically defended price with significant volume
Map resistance levels where smart money sellers consistently reject higher prices with volume confirmation
Combine with price action analysis to confirm breakout validity when price approaches confidence channel boundaries
Use invalidation signals to exit positions when smart money zones are definitively breached
Monitor the real-time dashboard to quickly assess current market structure and active rejection zones
Adapt strategy based on calculation method: ATR for trending markets, StdDev for ranging conditions
Set alerts on confidence level breaches to catch potential trend reversals or continuation patterns
📈 Visual Interpretation Guide
Green Zones indicate bullish rejection blocks where buyers defended with high volume and lower wicks
Red Zones indicate bearish rejection blocks where sellers defended with high volume and upper wicks
Solid Center Lines represent the core rejection price level where maximum volume activity occurred
Dashed Confidence Boundaries show upper and lower statistical limits based on volatility calculations
Zone Opacity decreases as channels extend forward to indicate decreasing confidence over time
Dashboard Color Coding provides instant visual feedback on active volume spike and zone conditions
⚠️ Important Considerations
Volume-based indicators identify historical rejection zones but cannot predict future price action with certainty
Market conditions change rapidly and institutional activity patterns evolve continuously
High volume does not guarantee level defense as market structure can shift without warning
Confidence intervals represent statistical probabilities, not guaranteed price boundaries
Auto Fibonacci Retracement (Labeled Swings, Rounded Prices)This tool automatically detects the latest confirmed swing high and swing low on your chart, using a user-settable pivot length. It then plots standard Fibonacci retracement levels between these confirmed pivots, labeling each retracement line with its percentage and rounded price for instant reference. All levels update only on swing confirmation, ensuring strict non-repainting logic and transparency.
How it works
Swing Detection:
Uses Pine Script’s native ta.pivothigh and ta.pivotlow functions to locate swing pivots after full confirmation, reducing noise and false signals.
Fibonacci Calculation:
Once two confirmed swings are found, the script draws standard Fibonacci retracement levels (0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%) between these anchors. The levels adapt to both uptrends and downtrends, based on swing position.
Customization and Clarity:
Users can choose which retracement levels to display and adjust colors, line thickness, styles, and label sizes for chart clarity. All price labels are rounded for improved visibility.
Non-Repainting:
All levels are plotted only after a swing is confirmed by the market; nothing redraws retroactively.
How To Use It
Add the indicator to any chart and timeframe.
Select your preferred pivot length:
Smaller values yield more frequent swings, larger values wait for major structure.
Toggle each Fibonacci level you wish to see in the settings.
Adjust line and label appearance to fit your style.
Interpret retracement levels as potential support/resistance zones, awareness for pullbacks, and context for trend direction.
Combine the indicator with your technical, price action, or volume analysis to plan entries, stops, and targets.
What Traders Should Look For
Visual retracement map between confirmed swings:
Fib lines auto-update as new swings are confirmed, keeping your chart relevant.
Price reaction at Fib levels:
Watch for reversals, consolidations, or continuations near labeled percentages and prices.
Trend assessment:
Quickly spot whether market structure is showing shallow or deep retracements by the distance between levels.
Confluence:
Use retracement levels along with other indicators or market structure for more robust trade setups.
Key Features
Strict non-repainting logic (confirmed swings only)
Configurable retracement levels: Enable/disable each Fib line.
Rounded price & percentage labels
Visual customization: Colors, thickness, line style, label size
Automatic detection of direction (uptrend/downtrend pivots)
Disclaimer
This indicator is a technical analysis and educational tool. It does not provide buy/sell signals, nor guarantee future price movements. Please use in conjunction with your trading plan and risk management.
Higher Timeframe Candle LevelsThis is an indicator that shows higher time frame candle levels from various preset timeframes. These higher time frame candles act as support and resistance levels, so look for reversals and continuations off of these levels. When price exceeds the high or low of these levels, you should look for breakouts in the same direction and trade with the trend.
It includes candle levels for the following timeframes: 1 hour, 4 hour, 1 day, 1 week, 1 month, 1 quarter and 1 year. The indicator also includes a trend candle coloring feature, trend strength scoring table, stop loss feature, line identification labels, alerts for trend changes, alerts for level touches and full customization of all options.
How To Trade With This Indicator
These higher timeframe candle levels will act as support and resistance levels, so look for price to react at any of the levels you have turned on and then look for potential bounce or reversal signs at those levels so you can trade those direction changes. Price outside of the higher timeframe candle highs and low typically signals a breakout as well, so look for price to continue after passing the highs or lows.
You can use the direction of the higher timeframe candles as your trend as well. Try to only trade in the direction of the trend of the higher timeframes to increase the likelihood of your trade going in your favor.
The highs and lows of daily and up levels are excellent levels to find quick reversal off of. Watch for price action to struggle to break through these levels and then trade the reversal. If price breaks through these levels easily, watch for price to retest the level and then continue beyond that level. Trade the retest in the direction of the trend.
The open, close and midline levels are excellent for trading bounces. Watch for price to form wicks beyond these levels and close on the other side and use that as a sign that price may bounce there. Use that with price action to confirm your trade and then take trades off of those level bounces.
Use the alerts for daily and up timeframe level touches across all of your favorite markets so that way you are always notified in real time when price is at a level that could provide a potential trading opportunity.
Higher Time Frame Candle Levels
The indicator shows the current candle open, previous open, previous high, previous low, previous close and previous candle body midline levels of each candle for each time frame. This helps you easily see what is going on with the higher time frame candles and read the price action from your lower time frame charts.
Each candle level will paint red if it was a down candle or green if it was an up candle, except the midlines and current candle open lines, those are a different color for easy differentiation. The line colors can be customized to your preferences in the settings and you can also toggle the candle body coloring on or off, as well as change the color of the candle body background.
Each timeframe can be adjusted to your preferences, allowing you to turn all of the levels on or off. You can also adjust how many previous candles show up on your chart so you can backtest it and see for yourself how accurate these levels are.
When adjusting the number of candles, you will get a notification if you have more than 500 lines turned on, so just turn down the number of levels for whatever timeframe you can’t see on your chart to lower that number below 500. The notification will go away once you are under 500 lines again. Each candle has 6 lines if all levels are turned on for that timeframe: open, current candle open, close, high, low and midline. The default settings keep you under 500 lines total, so just be aware of that limitation when adjusting those numbers and adjust the number of levels down on the timeframes that are not useful on the current chart bar.
You can also extend the levels right on any time frame from the daily levels and above. This is useful when price is breaking above or below all levels and you need to know if there are any other previous candle levels in the way as price moves away from the most recent higher time frame candles.
To understand the intraday trend of each higher time frame, look to see where price is at according to each higher time frame candle. If the price is above the midline of the candle, it is bullish. If the price is above the candle body it is more bullish. If the price is above the high, it is very bullish. If the price is below the midline of the candle, it is bearish. If the price is below the candle body it is more bearish. If the price is below the low, it is very bearish. Make sure you backtest this yourself and go through lots of historical data to get a feel for how price reacts to these levels and establishes the trend. Then use that trend information to your advantage and trade in the direction of the trend.
Since users are limited to a certain amount of historical bars based on which Tradingview plan you have, some longer timeframe levels won’t show up because the start of that candle is too far back in history. You will get a notification at the top of that chart if that happens. It will tell you to lower the display timeframe for that timeframe until that notification goes away, which means it was able to plot the most recent candle for that timeframe on your chart.
Trend Candle Coloring
The indicator includes a feature that paints the candles based on whether the current time frame candles are above or below the most recent midline, candle body or high & low of a higher time frame candle of your choice. This helps you see the overall trend of the higher timeframe so you can trade with the trend.
The candle coloring will have an up color, down color and neutral color which can all be customized to suit your preferences. If the current time frame candle close is above the setting you choose, it will show the up color. If the current time frame candle close is below the setting you choose, it will show the down color. If the current time frame candle close is equal to or in the middle of the setting you chose, it will show the neutral color.
So, for example if you set it to candle body, then it will show the up color if the current candle is above the top of the candle body, down color if it is below the bottom of the candle body and neutral color if it is inside the candle body. This helps you wait for price action to move beyond the inside of the previous higher time frame candle before taking a position when price is breaking out of that previous candle so you can trade the momentum of that move. The candle coloring is fully customizable, but make sure to turn off your candle coloring on other indicators and your chart settings for it to show up properly.
Trend Strength Scoring Table
The trend strength scoring table displays a table at the bottom of the screen(table position is customizable), showing a score for the trend strength of each higher time frame. If the current candle close is above the midline, its strength is 1. If the current candle close is above the midline, but below the top of the candle body, its strength is 2. If the current candle close is above the high, its strength is 3. The same goes for below the midline, bottom of the candle body and below the low, but the scores would be negative 1, 2 or 3 instead.
This trend strength table allows you to quickly identify the trend on each higher time frame so you can wait until the trend is the same across all time frames before placing a trade in the direction of the trend. It also shows a total score on the far right side that adds all of the current trend scores together to give you a total strength score. Try to only trade when that number is very high compared to how many time frames you have turned on. Each time frame can have up to a maximum score of 3 if bullish and -3 if bearish. Each time frame in the table can be turned on or off to suit your preferences.
Stop Loss Feature
There is also a stop loss feature that you can set to whatever time frame you choose and whatever direction you chose, such as long or short. It will follow the most recent higher time frame candle’s trend using one of the following settings: candle body, high & low or midline. Once a new higher time frame candle is created, the stop loss will update to the most recent candle’s levels so you can use these levels as a trailing stop loss to maximize your wins.
If you have it set to use the candle body and it is set to long mode, then the stop loss will use the previous higher time frame candle’s lowest candle body level. So if it was an up candle previously, it will use the open. If it was a down candle previously, it will use the close. The opposite is true for short positions.
The stop loss will start working once you turn it on in the settings and will update automatically as new higher time frame candles are formed. It also shows a line of where the stop loss was previously since it was turned on.
I recommend using the high & low setting, especially when the market starts trending.
Candle Level Identification Labels
There are labels for each level starting with the 4 hour time frame and above so you can easily tell what level of each candle you are looking at, even if the rest of the candle is not showing within the chart pane. You can customize the label coloring for up candles and down candles and midlines as well as adjust the number of bars that the labels are offset from the current bar so they are visible on your chart without overlapping the current price action or other indicator labels. Labels for each time frame can be turned on or off as needed. The 1 hour labels were not included because it clogs up the chart, but it has labels for all time frames from the 4 hour candles and up.
Alerts
The indicator includes alerts for when the trend has changed to the opposite direction. The trend change alert is based on your settings for the Trend Candle Coloring. Whatever settings you have the trend candle coloring set to, will be used to set up your alerts. The Trend Candle Coloring setting must be turned on as well when creating your alerts for it to work properly. Make sure to backtest your settings and then create your alerts.
It also has alerts for when price is touching an open or close, high or low, midline or any of those levels for each timeframe. This allows you to be notified when price touches one of these levels so you can check the chart and look for potential trade opportunities if price wants to bounce off of that level. To make it easy for you to get alerts on many different tickers, just use the alert for any level touch on whatever timeframes you want.
Other Indicators To Pair This With
Use this in combination with our Trend Strength Indicator so you can visually see the historic and current trend for all of these levels. You should also use our Breakout Scanner to find other markets with strong trends so you always know which market is trending the strongest and can trade those. Trend Strength Indicator, Higher Timeframe Candle Levels and the Breakout Scanner all use the same levels and calculate the trend scores the same way so they are designed to work together to help you quickly be able to read a chart and find what direction to trade in.
Zone Tap Counter: Support & Resistance StrengthWhat is this indicator?
This script is designed to help traders objectively monitor the strength and significance of price zones by counting and visualizing how many times price “taps” confirmed support and resistance levels. The indicator leverages swing high/low detection to automatically plot relevant zones and uses price tap frequency as an objective strength metric.
How does it work?
Zone Identification:
The script uses the Pine Script functions ta.pivothigh and ta.pivotlow to detect confirmed swing highs and lows on your chart. Each swing high establishes a resistance zone, and each swing low establishes a support zone.
Only confirmed pivots are used, ensuring all signals are strictly non-repainting.
Tap Counting Logic:
For every candle, the indicator checks whether price touches (comes within a small, user-set tolerance) of any currently tracked support or resistance zone. To avoid counting repeated taps in the same move, the script ensures only unique bar taps are registered.
Each time price taps a zone, a counter for that zone is incremented.
Both the tolerance for taps (percentage-based), and the depth/history of zones tracked are fully adjustable in settings.
Visual Feedback:
Zones with more taps are drawn darker (lower transparency), making it easy to spot the strongest/hardest-tested levels on the chart.
A label on each zone displays the current tap count (e.g., "3x"), giving direct feedback about which support/resistance are most significant in the current view.
Only recent zones (user-configurable) are shown to keep charts clear and useful.
How to use it:
Add the indicator to your TradingView chart.
Set the swing length and tap tolerance in settings to match your market or timeframe (short swing length for scalping, longer swings for bigger structure).
Watch for zones with high tap counts and darker lines: These zones represent areas where price has repeatedly reacted, suggesting they may be important for your trading decisions.
You can adjust the minimum number of taps needed for a zone to be highlighted and the number of zones to display for your preferred visual clarity.
Combine this tool with other analysis for confirmation—tap counts should not be seen as trading signals, but as supporting information.
Originality & Calculation Details:
This script does NOT simply merge or overlay existing indicators. The calculation method is original: it uses swing-based support/resistance and applies unique tap-count logic, designed for objective zone strength visualization.
No repainting logic is present.
All code and visualization methods are documented and transparent.
Disclaimer:
This indicator is for educational and analytical purposes only. It does not predict future price movement, guarantee profits, or recommend specific trades. Always use your own analysis and risk management. See TradingView’s House Rules for more details.
GC Scalping Plan - No Stop LossLevels for Gold...........................................................................................................................................................
Precision NasdaqPrecision NASDAQ Levels — Open-Source Support & Resistance Indicator
This open-source Support and Resistance Indicator helps traders plot key price levels where the market may reverse or consolidate. By plotting support and resistance zones based on historical price action, it provides clear visual cues for potential entry and exit points across various timeframes.
Features:
Customizable Settings: Adjust visual styles, label positions, and toggle level labels to suit your trading strategy.
Multi-Timeframe Support: Plot Monthly, Weekly, Daily, and Daily Range levels for broader market context.
Streamlined String Input: Input structure follows this order:
Code
Red, Red, Pink, Pink, Red, Red, Daily Range, Daily Range, Weekly, Weekly, Monthly, Monthly
Semi-Automatic NQ/QQQ Conversion: Manually input daily NQ spread or QQQ calculation to adjust NASDAQ levels. Note: Levels cannot be dragged when NQ/QQQ conversion is active. Uncheck conversion boxes to enable dragging.
How It Works
Apply the indicator to your chart.
Enter values for each support and resistance level.
Drag and adjust levels directly on the chart.
Use plotted zones to identify potential reversals, breakouts, or stop-loss placements.
Combine with other tools (e.g., trendlines or oscillators) for confirmation.
Auto Fib Retracement-custom lines📈 Auto Fib Retracement (with Custom Line Thickness)
This indicator provides an automatic application of Fibonacci Retracement and Extension levels based on key Pivot points on the chart. It uses advanced logic to identify relevant momentum based on user-defined parameters, ensuring dynamic and accurate level drawing without the need for manual measurement.
Key Features of the Indicator ✨
Automatic Drawing: Fibonacci levels are automatically drawn based on the last significant Pivot swing detected by the indicator.
Fibonacci Retracement and Extension: Displays classic retracement levels (such as 0.382, 0.5, 0.618) and extensions (such as 1.272, 1.618, 2.618, etc.), with the option to individually toggle the visibility of each level.
Custom Line Width (New Feature): This is the key added functionality! For every Fibonacci level, an option has been included to individually adjust the line thickness (width). This allows traders to visually highlight (bold) critical support/resistance levels (like 0, 0.618, 1, etc.) to make them more noticeable on the chart.
Pivot Customization: Control the sensitivity of Pivot detection using the "Deviation" and "Depth" parameters.
Line Extension: Options to extend the Fibonacci lines to the left, right, or both sides.
Detail Display: Ability to show/hide Fibonacci values (levels) and prices on the labels.
⚙️ Input Parameters
This indicator offers complete control over how the Fibonacci levels are displayed:
Deviation: A multiplier that affects how much the price must deviate from the previous pivot for a new pivot to be formed. Increasing the value makes the indicator less sensitive; decreasing it makes it more sensitive.
Depth: The minimum number of bars considered when calculating the pivots.
Reverse: Option to reverse the drawing direction (from top to bottom or vice-versa).
Extend Left/Right: Controls the extension of the Fibonacci lines.
Level Settings (0, 0.236, 0.382, 0.5, 0.618, etc.):
Checkbox: Turn the display of each individual Fibonacci level on or off.
Value: Customize the Fibonacci value (e.g., you can change 0.618 to 0.65).
Color: Adjust the line color.
Line Width: Crucial option! Allows you to set the line thickness from 1 to 5. Use this to emphasize the most important levels.
Background Transparency: Adjust the transparency of the background fill between the Fibonacci levels.
How to Use It 💡
This tool is ideal for traders who use Fibonacci Retracement to determine potential areas of support and resistance, profit targets (extensions), and entry zones. Use the Custom Line Width option to visually set apart the key levels you believe have the most significant impact on the market (e.g., 0, 0.5, 0.618, and 1).
SMC Clean: Structure + LiquidityThis indicator provides Smart Money Concepts (SMC) tools designed to help traders analyze market structure, liquidity pools, and institutional trading zones. It combines several popular SMC methods into one powerful, customizable tool, with a clean and controlled chart display.
Features and How it Works:
Swing Highs and Lows: The indicator identifies confirmed swing highs and swing lows using a lookback period (default: 15 bars). These points form the basis for market structure analysis.
Equal Highs/Equal Lows (EQH/EQL): When price action creates repeated swing highs or lows within a defined tolerance, the tool automatically marks these areas as potential liquidity pools. These are levels where multiple stop orders may accumulate, sometimes leading to significant market moves.
Liquidity Lines & Sweeps: Liquidity lines highlight unswept highs and lows, making it easy to see where price may hunt liquidity. When price crosses a swing high/low and closes back, a sweep label is shown (optional).
BOS/CHOCH Detection:
Break of Structure (BOS): Signals a continuation of the current trend if price closes beyond the previous swing point.
Change of Character (CHOCH): Highlights when price reverses and breaks a key swing from the opposite direction, hinting at a potential trend change or shift in market regime.
Only confirmed swing points are considered to avoid repainting.
Premium & Discount Zones Explained:
After a new confirmed swing high and swing low, the area between them forms a “range.”
The premium zone is the upper half (from midpoint to swing high): this is typically considered where price is “expensive” or overvalued for the current swing, and is often watched for potential sell setups.
The discount zone is the lower half (from swing low to midpoint): this is where price is “cheap” or undervalued for the current swing, commonly monitored for potential buy setups.
Colored boxes mark these zones on your chart for instant reference.
Dashboard (Movable Position):
A visually enhanced dark-themed dashboard shows the current market structure (Bullish/Bearish), liquidity bias (Buy-Side, Sell-Side, or Balanced, based on unswept levels), and last swept side (i.e., which liquidity pool was last taken by price).
Dashboard position can be set anywhere on your chart for best visibility.
Customization Options:
Enable/disable any feature individually for a cleaner chart.
Control colors, transparency, and swing sensitivity via user settings.
How to Use:
Add the indicator to your chart and adjust settings to fit your trading style.
Use swing lines and dashboard to determine current market structure and bias.
Watch equal highs/lows and liquidity lines for possible sweep events.
Use the premium/discount zones to locate optimal areas for trade entries—with institutional logic, buy when price reaches the discount (lower) zone, and look for sales in the premium (upper) zone.
Use BOS/CHOCH signals as objective confirmations of trend or regime changes. Always interpret signals in context of broader price action.
Important Notes:
This indicator is educational and analytical—NO signals are guaranteed.
All calculations are non-repainting and use only confirmed price data (no lookahead).
No claims of predicting future price movement or performance are made.
Disclaimer:
This tool is for technical analysis education only. It is not a financial advice nor a guaranteed trading system. Please test all signals and concepts before using in live markets.
RBD Market ProfileA Market Profile visually shows how much time (or how many bars) price spent at each price level within a session — helping identify areas of “fair value” (where price spent most time) and extremes (where price barely traded).
It divides each trading session (for example, a day, week, or month depending on input) into price segments, counts how many bars closed within each segment, and then identifies:
POC (Point of Control): price level with the highest frequency (most traded or visited).
VAH (Value Area High): upper boundary of the zone that contains 70% (or user-defined percentage) of all activity around the POC.
VAL (Value Area Low): lower boundary of that same 70% activity zone.
Finally, it plots lines for:
VAH (green line)
VAL (red line)
POC Upper & Lower (white lines)
Session Open (blue dashed line)
How to use this Market Profile:
Determine Key Areas of Support/Resistance by the VAH and VAL
VAH: Responsive Sellers and Initiative Buyers
VAL: Responsive Buyers and Initiative Sellers
POC: Can be used as Fair Value
Quantura - Liquidity Sweep & Run LevelsIntroduction
“Quantura – Liquidity Sweep & Run Levels” is a structural price-action indicator designed to automatically detect swing-based liquidity zones and visualize potential sweep and run events. It helps traders identify areas where liquidity has likely been taken (sweep) or released (run), improving precision in market structure analysis and timing of entries or exits.
Originality & Value
This tool translates institutional liquidity concepts into an automated visual framework. Instead of simply marking highs and lows, it dynamically monitors swing points, tracks their breaches, and identifies subsequent reactions. The indicator is built to highlight the liquidity dynamics that often precede reversals or continuations.
Its originality lies in:
Automatic identification and tracking of swing highs and lows.
Real-time detection of broken levels and liquidity sweeps.
Distinction between “Run” and “Sweep” modes for different market behaviors.
Persistent historical visualization of liquidity levels using clean line structures.
Configurable signal markers for bullish and bearish sweep confirmations.
Functionality & Core Logic
Detects swing highs and lows using a user-defined Swing Length parameter.
Stores and updates all swing levels dynamically with arrays for efficient memory handling.
Draws horizontal lines from each detected swing point to visualize potential liquidity zones.
Monitors when price breaks a swing level and marks that event as “broken.”
Generates signals when the market either sweeps above/below or runs away from those levels, depending on the chosen mode.
Provides optional visual signal markers (“▲” for bullish sweeps, “▼” for bearish sweeps).
Parameters & Customization
Mode: Choose between “Sweep” (detects liquidity grabs) or “Run” (detects breakout continuations).
Swing Length: Sets the sensitivity for detecting swing highs/lows. A higher value focuses on larger structures, while smaller values detect micro liquidity points.
Bullish Color / Bearish Color: Customize color themes for sweep/run lines and signal markers.
Signals: Enables or disables visual up/down markers for confirmed events.
Visualization & Display
Horizontal lines represent potential liquidity levels (unbroken swing highs/lows).
Once broken, lines automatically stop extending, marking the moment liquidity is taken.
Depending on the selected mode:
“Sweep” mode identifies false breaks or stop-hunt behavior.
“Run” mode highlights breakouts that continue the trend.
Colored arrows indicate the direction and type of liquidity reaction.
Clean, non-intrusive visualization suitable for overlaying on price charts.
Use Cases
Detect liquidity sweeps before major reversals.
Identify breakout continuations after liquidity runs.
Combine with Supply/Demand or FVG indicators for multi-layered confirmation.
Validate liquidity bias in algorithmic or discretionary strategies.
Analyze market manipulation patterns and institutional stop-hunting behavior.
Limitations & Recommendations
This indicator identifies structural behavior but does not guarantee trade direction or profitability.
Works best on liquid markets with clear swing structures (e.g., crypto, forex, indices).
Signal interpretation should be combined with confluence tools such as volume, order flow, or structure-based filters.
Excessively small swing settings may cause over-signaling in volatile markets.
Markets & Timeframes
Optimized for all major asset classes — including crypto, Forex, indices, and equities — and for intraday to higher-timeframe structural analysis (5-minute up to daily charts).
Author & Access
Developed 100% by Quantura. Published as a Open-source script indicator. Access is free.
Compliance Note
This description fully complies with TradingView’s Script Publishing Rules and House Rules . It avoids performance claims, provides transparency on methodology, and clearly describes indicator behavior and limitations.
dO / wO / mO + MA 50/200 + PrevDay H/L Description
This indicator plots key reference levels used by professional traders:
Daily Open (dO)
Weekly Open (wO)
Monthly Open (mO)
Previous Day High (pdH) and Previous Day Low (pdL)
Moving Averages: 50 & 200 SMA
Each level is drawn as a clean dotted white line with a fixed label directly on the price chart.
All levels can be individually toggled on or off via checkboxes in the settings panel.
The pdH/pdL lines start exactly from the candles that created them, providing clear structure for breakout, retracement, and liquidity analysis.
The 50/200 SMA are included for long-term trend context.
This tool is designed for traders who rely on multi-timeframe structure and precision levels for both intraday and swing strategies.
Features
Toggle visibility for dO, wO, mO, pdH, and pdL
Accurate placement of previous day levels
Lightweight and responsive
Clean minimal visual design
Supports any symbol and timeframe
Usage Notes
Perfect for confluence-based trading:
Combine pdH/pdL with session opens to identify key liquidity zones
Use SMA 50/200 for directional bias
Works on crypto, forex, indices, and equities
Breakout Boxes [ChartPrime]⯁ OVERVIEW
The Breakout Boxes indicator identifies key structural levels by detecting and aligning two consecutive pivots — forming confirmation zones where potential breakouts are most likely to occur. Once two pivots align within a defined ATR range, the indicator constructs a Breakout Box around that area, tracking volume distribution and breakout strength. When price breaks above or below these boxes, breakout labels (⯁ BreakUp / BreakDn) are displayed to confirm trend continuation.
⯁ KEY FEATURES
Pivot-Based Detection: Uses a customizable pivot length to identify market swing highs and lows.
Two-Pivot Alignment Logic: A breakout box is only created when two pivot highs or lows form near the same level, confirming structural alignment and increasing breakout reliability.
Dynamic Box Generation: Builds upper and lower boxes once pivot alignment is confirmed, adapting automatically to new structures.
Volume Distribution Analysis: Each box measures total traded volume and separates it into bullish and bearish components, showing buy/sell percentages inside the range.
The volume data is calculated in real time as long as the box remains active and unbroken, allowing traders to monitor live accumulation or distribution before a breakout occurs.
Breakout Confirmation Signals: Labels appear when price decisively breaks above the upper box (⯁ BreakUp) or below the lower one (⯁ BreakDn).
Adaptive ATR Scaling: Box size dynamically adjusts to volatility, maintaining consistent proportions across assets and timeframes.
Color-Coded Visualization: Upper (bearish) boxes use pink tones; lower (bullish) boxes use green, both with transparent fill for volume clarity.
Automatic Box Resetting: Previous boxes close when a new pivot pair forms, ensuring only the most relevant structure is active.
⯁ USAGE
Watch for Two Pivot Alignments — the indicator only activates when structural confluence exists, reducing false breakout signals.
Upper Boxes represent resistance formed by two aligned swing highs; a breakout above indicates potential bullish continuation.
Lower Boxes represent support formed by two aligned swing lows; a breakdown below indicates bearish continuation.
Analyze the Volume Ratio inside each box — higher buy volume in upper boxes supports bullish breakouts, while higher sell volume in lower boxes supports bearish moves.
Use this tool alongside trend indicators or higher timeframe context to confirm the direction of breakouts.
⯁ CONCLUSION
The Breakout Boxes indicator refines breakout analysis by requiring two aligned pivots to validate structural zones. By combining pivot confluence with volume distribution and adaptive ATR scaling, it provides a precise, data-backed visualization of breakout strength and direction — a powerful tool for structure-based trading confirmation.
R Dominant Range [CRT] by Sergi SernaR Dominant Range identifies the most influential R range located to the left of the current price action. It highlights the dominant zone that still impacts market behavior, helping traders understand which range is controlling the current structure.
Multi-timeframe Pivot PointThis indicator is a lightweight indicator designed to display higher timeframe pivot levels on your chart.
It helps traders quickly identify key support and resistance zones derived from higher timeframes (such as daily or weekly pivots) while analyzing lower timeframes (e.g., 15m or 1h charts).
Calculation Logic
This indicator uses the classic pivot point formula, calculated from high, low, and close values:
PP = (High + Low + Close) / 3
R1 = 2 * PP - Low
S1 = 2 * PP - High
R2 = PP + (High - Low)
S2 = PP - (High - Low)
R3 = R1 + (High - Low)
S3 = S1 - (High - Low)
Additionally, it includes breakout levels:
HBOP = PP + PP + (High - Low) - Low
LBOP = PP + PP - (High - Low) - High
Premium/Discount Zones with Confirmation Signals📌 Indicator Description: Premium/Discount Zones with Confirmed Signals
This indicator identifies dynamic Premium, Discount, and Equilibrium zones based on recent swing highs and lows, helping traders visualize where price is considered expensive, cheap, or fair value. It’s designed for Smart Money Concepts (SMC), ICT-style trading, and anyone who values precision in zone-based analysis.
🔍 Key Features
Swing-Based Zones: Automatically detects swing highs/lows over a customizable lookback period (default: 48 bars — equivalent to 2 days on a 1-hour chart).
Premium & Discount Levels: Define overbought and oversold zones using percentage inputs (default: 25%).
Equilibrium Band (middle): Highlights the no-trade value zone with adjustable width (default: 5%).
Signal Engine: Generates trade signals based on two styles:
Bounce: Reversal signals when price reacts to a zone and confirms direction.
Breakout: Continuation signals when price breaks through a zone with momentum.
Trade Type Selector: Choose between Bounce, Breakout, or Both from the input menu.
Signal Filtering: Limits signals to one per direction at a time to reduce noise.
Visual Styling: Toggle between colored or monochrome themes for clean charting.
🧠 How It Works
Buy signals appear when price confirms strength from the discount zone or breaks above the premium zone.
Sell signals appear when price confirms weakness from the premium zone or breaks below the discount zone.
All signals include a built-in 3-bar confirmation delay to reduce false triggers.
🎯 Ideal For
Traders using SMC, ICT, or price action strategies
Zone-based scalping, swing trading, or intraday setups
Visualizing market structure and value areas with clarity
I hope you find this useful — and wish you Happy Trades!
Advanced Psychological Levels with Dynamic Spacing═══════════════════════════════════════
ADVANCED PSYCHOLOGICAL LEVELS WITH DYNAMIC SPACING
═══════════════════════════════════════
A comprehensive psychological price level indicator that automatically identifies and displays round number levels across multiple timeframes. Features dynamic ATR-based spacing, smart crypto detection, distance tracking, and customizable alert system.
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WHAT THIS INDICATOR DOES
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This indicator automatically draws psychological price levels (round numbers) that often act as support and resistance:
- Dynamic ATR-Based Spacing - Adapts level spacing to market volatility
- Multiple Level Types - Major (250 pip), Standard (100 pip), Mid, and Intraday levels
- Smart Asset Detection - Automatically adjusts for Forex, Crypto, Indices, and CFDs
- Crypto Price Adaptation - Intelligent level spacing based on cryptocurrency price magnitude
- Distance Information Table - Real-time percentage distance to nearest levels
- Combined Level Labels - Clear identification when multiple level types coincide
- Performance Optimized - Configurable visible range and label limits
- Comprehensive Alerts - Notifications when price crosses any level type
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HOW IT WORKS
───────────────────────────────────────
PSYCHOLOGICAL LEVELS CONCEPT:
Psychological levels are round numbers where traders tend to place orders, creating natural support and resistance zones. These include:
- Forex: 1.0000, 1.0100, 1.0050 (pips)
- Crypto: $100, $1,000, $10,000 (whole numbers)
- Indices: 10,000, 10,500, 11,000 (points)
Why They Matter:
- Traders naturally gravitate to round numbers
- Stop losses cluster at these levels
- Take profit orders concentrate here
- Institutional algorithmic trading often targets these levels
DYNAMIC ATR-BASED SPACING:
Traditional Method:
- Fixed spacing regardless of volatility
- May be too tight in volatile markets
- May be too wide in quiet markets
Dynamic Method (Recommended):
- Uses ATR (Average True Range) to measure volatility
- Automatically adjusts level spacing
- Tighter levels in low volatility
- Wider levels in high volatility
Calculation:
1. Calculate ATR over specified period (default: 14)
2. Multiply by ATR multiplier (default: 2.0)
3. Round to nearest psychological level
4. Generate levels at dynamic intervals
Benefits:
- Adapts to market conditions
- More relevant levels in all volatility regimes
- Reduces clutter in trending markets
- Provides more detail in ranging markets
LEVEL TYPES:
Major Levels (250 pip/point):
- Highest significance
- Primary support/resistance zones
- Color: Red (default)
- Style: Solid lines
- Spacing: 2.5x standard step
Standard Levels (100 pip/point):
- Secondary importance
- Common psychological barriers
- Color: Blue (default)
- Style: Dashed lines
- Spacing: Standard step
Mid Levels (50% between major):
- Optional intermediate levels
- Halfway between major levels
- Color: Gray (default)
- Style: Dotted lines
- Usage: Additional confluence points
Intraday Levels (sub-100 pip):
- For intraday traders
- Fine-grained precision
- Color: Yellow (default)
- Style: Dotted lines
- Only shown on intraday timeframes
SMART ASSET DETECTION:
Forex Pairs:
- Detects major currency pairs automatically
- Uses pip-based calculations
- Standard: 100 pips (0.0100)
- Major: 250 pips (0.0250)
- Intraday: 20, 50, 80 pip subdivisions
Cryptocurrencies:
- Automatic price magnitude detection
- Adaptive spacing based on price:
* Under $0.10: Levels at $0.01, $0.05
* $0.10-$1: Levels at $0.10, $0.50
* $1-$10: Levels at $1, $5
* $10-$100: Levels at $10, $50
* $100-$1,000: Levels at $100, $500
* $1,000-$10,000: Levels at $1,000, $5,000
* Over $10,000: Levels at $5,000, $10,000
Indices & CFDs:
- Fixed point-based system
- Major: 500 point intervals (with 250 sub-levels)
- Standard: 100 point intervals
- Suitable for stock indices like SPX, NASDAQ
COMBINED LEVEL LABELS:
When multiple level types coincide at the same price:
- Single line drawn (highest priority color)
- Combined label shows all types
- Priority: Major > Standard > Mid > Intraday
Example Label Formats:
- "1.1000 Major" - Major level only
- "1.1000 Std + Major" - Both standard and major
- "50000 Intra + Mid + Std" - Three levels coincide
Benefits:
- Cleaner chart appearance
- Clear identification of confluence
- Reduced visual clutter
- Easy to spot high-importance levels
DISTANCE INFORMATION TABLE:
Real-time tracking of nearest levels:
Table Contents:
- Nearest major level above (price and % distance)
- Nearest standard level above (price and % distance)
- Nearest standard level below (price and % distance)
Display:
- Top right corner (configurable)
- Color-coded by level type
- Real-time percentage calculations
- Helpful for position management
Usage:
- Identify proximity to key levels
- Set realistic profit targets
- Gauge potential move magnitude
- Monitor approaching resistance/support
ALERT SYSTEM:
Comprehensive crossing alerts:
Alert Types:
- Major Level Crosses
- Standard Level Crosses
- Intraday Level Crosses
Alert Modes:
- First Cross Only: Alert once when level is crossed
- All Crosses: Alert every time level is crossed
Alert Information:
- Level type crossed
- Specific price level
- Direction (above/below)
- One alert per bar to prevent spam
Configuration:
- Enable/disable by level type
- Choose alert frequency
- Customize for your trading style
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HOW TO USE
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INITIAL SETUP:
General Settings:
1. Enable "Use Dynamic ATR-Based Spacing" (recommended)
2. Set ATR Period (14 is standard)
3. Adjust ATR Multiplier (2.0 is balanced)
Visibility Settings:
1. Set Visible Range % (10% recommended for clarity)
2. Adjust Label Offset for readability
3. Configure performance limits if needed
Level Selection:
1. Enable/disable level types based on trading style
2. Adjust line counts for each type
3. Choose line styles and colors for visibility
TRADING STRATEGIES:
Breakout Trading:
1. Wait for price to approach major or standard level
2. Monitor for consolidation near level
3. Enter on confirmed break above/beyond level
4. Stop loss just beyond the broken level
5. Target: Next major or standard level
Rejection Trading:
1. Identify major psychological level
2. Wait for price to test the level
3. Look for rejection signals (wicks, bearish/bullish candles)
4. Enter in direction of rejection
5. Stop beyond the level
6. Target: Previous level or mid-level
Range Trading:
1. Identify range between two major levels
2. Buy at lower psychological level
3. Sell at upper psychological level
4. Use standard and mid-levels for position management
5. Exit if major level breaks with volume
Confluence Trading:
1. Look for combined levels (Std + Major)
2. These represent high-probability zones
3. Use as primary support/resistance
4. Increase position size at confluence
5. Expect stronger reactions at these levels
Session-Based Trading:
1. Note opening level at session start (Asian/London/NY)
2. Trade breakouts of major levels during high-volume sessions
3. London/NY sessions: More likely to break levels
4. Asian session: More likely to respect levels (range trading)
RISK MANAGEMENT WITH PSYCHOLOGICAL LEVELS:
Stop Loss Placement:
- Place stops just beyond psychological levels
- Add buffer (5-10 pips for forex)
- Avoid exact round numbers (stop hunting risk)
- Use previous major level as maximum stop
Take Profit Strategy:
- First target: Next standard level (partial profit)
- Second target: Next major level (remaining position)
- Trail stops to breakeven at first target
- Use distance table to calculate risk/reward
Position Sizing:
- Larger positions at major levels (higher probability)
- Smaller positions at intraday levels (lower probability)
- Scale in at standard levels between major levels
- Reduce size when multiple levels are close together
TIMEFRAME CONSIDERATIONS:
Higher Timeframes (4H, Daily, Weekly):
- Focus on Major and Standard levels only
- Disable Intraday and Mid levels
- Wider level spacing expected
- Use for swing trading and position trading
Lower Timeframes (5m, 15m, 1H):
- Enable all level types
- Use Intraday levels for precision
- Tighter level spacing acceptable
- Good for day trading and scalping
Multi-Timeframe Approach:
- Identify major levels on Daily/4H charts
- Refine entries using 15m/1H intraday levels
- Trade in direction of higher timeframe bias
- Use lower timeframe levels for position management
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CONFIGURATION GUIDE
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GENERAL SETTINGS:
Dynamic ATR-Based Spacing:
- Enabled: Recommended for most markets
- Disabled: Fixed psychological levels
- ATR Period: 14 (standard), 10 (responsive), 20 (smooth)
- ATR Multiplier: 1.0-5.0 (2.0 is balanced)
VISIBILITY SETTINGS:
Visible Range %:
- 5%: Very tight range, minimal clutter
- 10%: Balanced view (recommended)
- 20%: Wide range, more context
- 50%: Maximum range, all levels visible
Label Offset:
- 10-20 bars: Close to current price
- 30-50 bars: Moderate distance
- 50-100 bars: Far from price action
Performance Limits:
- Max Historical Bars: Reduce if indicator loads slowly
- Max Labels: Reduce for cleaner chart (20-30 recommended)
LEVEL CUSTOMIZATION:
Line Count:
- Lower (1-3): Cleaner chart, fewer levels
- Medium (4-6): Balanced view
- Higher (7-10): More context, busier chart
Line Styles:
- Solid: High importance, easy to see
- Dashed: Medium importance, clear but subtle
- Dotted: Low importance, minimal visual weight
Colors:
- Use contrasting colors for different level types
- Red/Blue/Yellow default works well
- Adjust based on chart background and personal preference
DISTANCE TABLE:
Position:
- Top Right: Doesn't interfere with price action
- Top Left: Good for right-side price scale
- Bottom positions: Less common but available
Colors:
- Default (white text, dark background) works for most charts
- Match your chart theme for consistency
- Ensure text is readable against background
ALERT CONFIGURATION:
Alert by Level Type:
- Major: Most important, fewer false signals
- Standard: Balance of frequency and importance
- Intraday: Many signals, best for active traders
Alert Frequency:
- First Cross Only: Cleaner, less noise (recommended for swing trading)
- All Crosses: Every touch, good for scalping
Alert Setup in TradingView:
1. Configure desired alert types in indicator settings
2. Right-click chart → Add Alert
3. Select this indicator
4. Choose "Any alert() function call"
5. Set delivery method (mobile, email, webhook)
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ASSET-SPECIFIC TIPS
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FOREX (EUR/USD, GBP/USD, etc.):
- Major levels at x.x000, x.x500
- Standard levels at x.xx00
- Intraday levels at 20/50/80 pips
- Most effective during London/NY sessions
- Watch for "figure" levels (1.0000, 1.1000)
CRYPTOCURRENCIES (BTC, ETH, etc.):
- Enable dynamic spacing for volatile markets
- Levels adjust automatically based on price
- Watch major $1,000 increments for BTC
- $100 levels important for ETH
- Smaller caps: Use standard levels
- High volatility: Increase ATR multiplier to 3.0
STOCK INDICES (SPX, NASDAQ, etc.):
- 100-point levels most important
- 500-point levels for major S/R
- 50-point mid-levels for refinement
- Watch end-of-day for level reactions
- Futures often lead spot on level breaks
GOLD/COMMODITIES:
- Major levels at $50 increments ($1,900, $1,950)
- Standard levels at $10 increments
- Very reactive to psychological levels
- Watch for false breaks during low volume
- Best reactions during active trading hours
───────────────────────────────────────
BEST PRACTICES
───────────────────────────────────────
Chart Setup:
- Use clean price action charts
- Avoid too many indicators
- Ensure psychological levels are clearly visible
- Match colors to your chart theme
Level Selection:
- Start with Major and Standard levels only
- Add Mid and Intraday as needed
- Less is more - avoid chart clutter
- Adjust based on timeframe
Combining with Other Tools:
- Volume profile for confluence
- Trendlines intersecting psychological levels
- Moving averages near round numbers
- Fibonacci levels coinciding with psychological levels
Common Mistakes to Avoid:
- Trading every level touch (be selective)
- Ignoring volume confirmation
- Setting stops exactly at levels (stop hunting)
- Forgetting to adjust for different assets
- Over-relying on levels without price action confirmation
Performance Optimization:
- Reduce visible range for faster loading
- Lower max historical bars on lower timeframes
- Limit labels to 30-50 for clarity
- Disable unused level types
───────────────────────────────────────
EDUCATIONAL DISCLAIMER
───────────────────────────────────────
This indicator identifies psychological price levels based on round numbers that tend to act as support and resistance. The methodology includes:
- Round number detection algorithms
- ATR-based dynamic spacing calculations
- Asset-specific level determination
- Distance percentage calculations
Psychological levels are a recognized concept in technical analysis, studied by traders and institutions. However, they do not guarantee price reactions and should be used as part of a comprehensive trading strategy including proper risk management, volume analysis, and price action confirmation.
───────────────────────────────────────
USAGE DISCLAIMER
───────────────────────────────────────
This tool is for educational and analytical purposes. Psychological levels can act as support or resistance but price reactions are not guaranteed. Dynamic spacing may generate different levels in different market conditions. Always conduct independent analysis, use proper risk management, and never risk capital you cannot afford to lose. Past performance does not indicate future results.
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CREDITS & ATTRIBUTION
───────────────────────────────────────
Original Concept: Sonar Lab
Opening Range Breakout with Multi-Timeframe Liquidity]═══════════════════════════════════════
OPENING RANGE BREAKOUT WITH MULTI-TIMEFRAME LIQUIDITY
═══════════════════════════════════════
A professional Opening Range Breakout (ORB) indicator enhanced with multi-timeframe liquidity detection, trading session visualization, volume analysis, and trend confirmation tools. Designed for intraday trading with comprehensive alert system.
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WHAT THIS INDICATOR DOES
───────────────────────────────────────
This indicator combines multiple trading concepts:
- Opening Range Breakout (ORB) - Customizable time period detection with automatic high/low identification
- Multi-Timeframe Liquidity - HTF (Higher Timeframe) and LTF (Lower Timeframe) key level detection
- Trading Sessions - Tokyo, London, New York, and Sydney session visualization
- Volume Analysis - Volume spike detection and strength measurement
- Multi-Timeframe Confirmation - Trend bias from higher timeframes
- EMA Integration - Trend filter and dynamic support/resistance
- Smart Alerts - Quality-filtered breakout notifications
───────────────────────────────────────
HOW IT WORKS
───────────────────────────────────────
OPENING RANGE BREAKOUT (ORB):
Concept:
The Opening Range is a period at the start of a trading session where price establishes an initial high and low. Breakouts beyond this range often indicate the direction of the day's trend.
Detection Method:
- Default: 15-minute opening range (configurable)
- Custom Range: Set specific session times with timezone support
- Automatically identifies ORH (Opening Range High) and ORL (Opening Range Low)
- Tracks ORB mid-point for reference
Range Establishment:
1. Session starts (or custom time begins)
2. Tracks highest high and lowest low during the period
3. Range confirmed at end of opening period
4. Levels extend throughout the session
Breakout Detection:
- Bullish Breakout: Close above ORH
- Bearish Breakout: Close below ORL
- Mid-point acts as bias indicator
Visual Display:
- Shaded box during range formation
- Horizontal lines for ORH, ORL, and mid-point
- Labels showing level values
- Color-coded fills based on selected method
Fill Color Methods:
1. Session Comparison:
- Green: Current OR mid > Previous OR mid
- Red: Current OR mid < Previous OR mid
- Gray: Equal or first session
- Shows day-over-day momentum
2. Breakout Direction (Recommended):
- Green: Price currently above ORH (bullish breakout)
- Red: Price currently below ORL (bearish breakout)
- Gray: Price inside range (no breakout)
- Real-time breakout status
MULTI-TIMEFRAME LIQUIDITY:
Two-Tier System for comprehensive level identification:
HTF (Higher Timeframe) Key Liquidity:
- Default: 4H timeframe (configurable to Daily, Weekly)
- Identifies major institutional levels
- Uses pivot detection with adjustable parameters
- Suitable for swing highs/lows where large orders rest
LTF (Lower Timeframe) Key Liquidity:
- Default: 1H timeframe (configurable)
- Provides precision entry/exit levels
- Finer granularity for intraday trading
- Captures minor swing points
Calculation Method:
- Pivot high/low detection algorithm
- Configurable left bars (lookback) and right bars (confirmation)
- Timeframe multiplier for accurate multi-timeframe detection
- Automatic level extension
Mitigation System:
- Tracks when levels are swept (broken)
- Configurable mitigation type: Wick or Close-based
- Option to remove or show mitigated levels
- Display limit prevents chart clutter
Asset-Specific Optimization:
The indicator includes quick reference settings for different assets:
- Major Forex (EUR/USD, GBP/USD): Default settings optimal
- Crypto (BTC/ETH): Left=12, Right=4, Display=7
- Gold: HTF=1D, Left=20
TRADING SESSIONS:
Four Major Sessions with Full Customization:
Tokyo Session:
- Default: 04:00-13:00 UTC+4
- Asian trading hours
- Often sets daily range
London Session:
- Default: 11:00-20:00 UTC+4
- Highest liquidity period
- Major institutional activity
New York Session:
- Default: 16:00-01:00 UTC+4
- US market hours
- High-impact news events
Sydney Session:
- Default: 01:00-10:00 UTC+4
- Earliest Asian activity
- Lower volatility
Session Features:
- Shaded background boxes
- Session name labels
- Optional open/close lines
- Session high/low tracking with colored lines
- Each session has independent color settings
- Fully customizable times and timezones
VOLUME ANALYSIS:
Volume-Based Trade Confirmation:
Volume MA:
- Configurable period (default: 20)
- Establishes average volume baseline
- Used for spike detection
Volume Spike Detection:
- Identifies when volume exceeds MA * multiplier
- Default: 1.5x average volume
- Confirms breakout strength
Volume Strength Measurement:
- Calculates current volume as percentage of average
- Shows relative volume intensity
- Used in alert quality filtering
High Volume Bars:
- Identifies bars above 50th percentile
- Additional confirmation layer
- Indicates institutional participation
MULTI-TIMEFRAME CONFIRMATION:
Trend Bias from Higher Timeframes:
HTF 1 (Trend):
- Default: 1H timeframe
- Uses EMA to determine intermediate trend
- Compares current timeframe EMA to HTF EMA
HTF 2 (Bias):
- Default: 4H timeframe
- Uses 50 EMA for longer-term bias
- Confirms overall market direction
Bias Classifications:
- Bullish Bias: HTF close > HTF 50 EMA AND Current EMA > HTF1 EMA
- Bearish Bias: HTF close < HTF 50 EMA AND Current EMA < HTF1 EMA
- Neutral Bias: Mixed signals between timeframes
EMA Stack Analysis:
- Compares EMA alignment across timeframes
- +1: Bullish stack (lower TF EMA > higher TF EMA)
- -1: Bearish stack (lower TF EMA < higher TF EMA)
- 0: Neutral/crossed
Usage:
- Filters false breakouts
- Confirms trend direction
- Improves trade quality
EMA INTEGRATION:
Dynamic EMA for Trend Reference:
Features:
- Configurable period (default: 20)
- Customizable color and width
- Acts as dynamic support/resistance
- Trend filter for ORB trades
Application:
- Above EMA: Favor long breakouts
- Below EMA: Favor short breakouts
- EMA cross: Potential trend change
- Distance from EMA: Momentum gauge
SMART ALERT SYSTEM:
Quality-Filtered Breakout Notifications:
Alert Types:
1. Standard ORB Breakout
2. High Quality ORB Breakout
Quality Criteria:
- Volume Confirmation: Volume > 1.2x average
- MTF Confirmation: Bias aligned with breakout direction
Standard Alert:
- Basic breakout detection
- Price crosses ORH or ORL
- Icon: 🚀 (bullish) or 🔻 (bearish)
High Quality Alert:
- Both volume AND MTF confirmed
- Stronger probability setup
- Icon: 🚀⭐ (bullish) or 🔻⭐ (bearish)
Alert Information Includes:
- Alert quality rating
- Breakout level and current price
- Volume strength percentage (if enabled)
- MTF bias status (if enabled)
- Recommended action
One Alert Per Bar:
- Prevents alert spam
- Uses flag system to track sent alerts
- Resets on new ORB session
───────────────────────────────────────
HOW TO USE
───────────────────────────────────────
OPENING RANGE SETUP:
Basic Configuration:
1. Select time period for opening range (default: 15 minutes)
2. Choose fill color method (Breakout Direction recommended)
3. Enable historical data display if needed
Custom Range (Advanced):
1. Enable Custom Range toggle
2. Set specific session time (e.g., 0930-0945)
3. Select appropriate timezone
4. Useful for specific market opens (NYSE, LSE, etc.)
LIQUIDITY LEVELS SETUP:
Quick Configuration by Asset:
- Forex: Use default settings (Left=15, Right=5)
- Crypto: Set Left=12, Right=4, Display=7
- Gold: Set HTF=1D, Left=20
HTF Liquidity:
- Purpose: Major support/resistance levels
- Recommended: 4H for day trading, 1D for swing trading
- Use as profit targets or reversal zones
LTF Liquidity:
- Purpose: Entry/exit refinement
- Recommended: 1H for day trading, 4H for swing trading
- Use for position management
Mitigation Settings:
- Wick-based: More sensitive (default)
- Close-based: More conservative
- Remove or Show mitigated levels based on preference
TRADING SESSIONS SETUP:
Enable/Disable Sessions:
- Master toggle for all sessions
- Individual session controls
- Show/hide session names
Session High/Low Lines:
- Enable to see session extremes
- Each session has custom colors
- Useful for range trading
Customization:
- Adjust session times for your broker
- Set timezone to match your location
- Customize colors for visibility
VOLUME ANALYSIS SETUP:
Enable Volume Analysis:
1. Toggle on Volume Analysis
2. Set MA length (20 recommended)
3. Adjust spike multiplier (1.5 typical)
Usage:
- Confirm breakouts with volume
- Identify climactic moves
- Filter false signals
MULTI-TIMEFRAME SETUP:
HTF Selection:
- HTF 1 (Trend): 1H for day trading, 4H for swing
- HTF 2 (Bias): 4H for day trading, 1D for swing
Interpretation:
- Trade only with bias alignment
- Neutral bias: Be cautious
- Bias changes: Potential reversals
EMA SETUP:
Configuration:
- Period: 20 for responsive, 50 for smoother
- Color: Choose contrasting color
- Width: 1-2 for visibility
Usage:
- Filter trades: Long above, Short below
- Dynamic support/resistance reference
- Trend confirmation
ALERT SETUP:
TradingView Alert Creation:
1. Enable alerts in indicator settings
2. Enable ORB Breakout Alerts
3. Right-click chart → Add Alert
4. Select this indicator
5. Choose "Any alert() function call"
6. Configure delivery method (mobile, email, webhook)
Alert Filtering:
- All alerts include quality rating
- High Quality alerts = Volume + MTF confirmed
- Standard alerts = Basic breakout only
───────────────────────────────────────
TRADING STRATEGIES
───────────────────────────────────────
CLASSIC ORB STRATEGY:
Setup:
1. Wait for opening range to complete
2. Price breaks and closes above ORH or below ORL
3. Volume > average (if enabled)
4. MTF bias aligned (if enabled)
Entry:
- Bullish: Buy on break above ORH
- Bearish: Sell on break below ORL
- Consider retest entries for better risk/reward
Stop Loss:
- Bullish: Below ORL or range mid-point
- Bearish: Above ORH or range mid-point
- Adjust based on volatility
Targets:
- Initial: Range width extension (ORH + range width)
- Secondary: HTF liquidity levels
- Final: Session high/low or major support/resistance
ORB + LIQUIDITY CONFLUENCE:
Enhanced Setup:
1. Opening range established
2. HTF liquidity level near or beyond ORH/ORL
3. Breakout occurs with volume
4. Price targets the liquidity level
Entry:
- Enter on ORB breakout
- Target the HTF liquidity level
- Use LTF liquidity for position management
Management:
- Partial profits at ORB + range width
- Move stop to breakeven at LTF liquidity
- Final exit at HTF liquidity sweep
ORB REJECTION STRATEGY (Counter-Trend):
Setup:
1. Price breaks above ORH or below ORL
2. Weak volume (below average)
3. MTF bias opposite to breakout
4. Price closes back inside range
Entry:
- Failed bullish break: Short below ORH
- Failed bearish break: Long above ORL
Stop Loss:
- Beyond the failed breakout level
- Or beyond session extreme
Target:
- Opposite end of opening range
- Range mid-point for partial profit
SESSION-BASED ORB TRADING:
Tokyo Session:
- Typically narrower ranges
- Good for range trading
- Wait for London open breakout
London Session:
- Highest volume and volatility
- Strong ORB setups
- Major liquidity sweeps common
New York Session:
- Strong trending moves
- News-driven volatility
- Good for momentum trades
Sydney Session:
- Quieter conditions
- Suitable for range strategies
- Sets up Tokyo session
EMA-FILTERED ORB:
Rules:
- Only take bullish breaks if price > EMA
- Only take bearish breaks if price < EMA
- Ignore counter-trend breaks
Benefits:
- Reduces false signals
- Aligns with larger trend
- Improves win rate
───────────────────────────────────────
CONFIGURATION GUIDE
───────────────────────────────────────
OPENING RANGE SETTINGS:
Time Period:
- 15 min: Standard for most markets
- 30 min: Wider range, fewer breakouts
- 60 min: For slower markets or swing trades
Custom Range:
- Use for specific market opens
- NYSE: 0930-1000 EST
- LSE: 0800-0830 GMT
- Set timezone to match exchange
Historical Display:
- Enable: See all previous session data
- Disable: Cleaner chart, current session only
LIQUIDITY SETTINGS:
Left Bars (5-30):
- Lower: More frequent, sensitive levels
- Higher: Fewer, more significant levels
- Recommended: 15 for most markets
Right Bars (1-25):
- Confirmation period
- Higher: More reliable, less frequent
- Recommended: 5 for balance
Display Limit (1-20):
- Number of active levels shown
- Higher: More context, busier chart
- Recommended: 7 for clarity
Extension Options:
- Short: Levels visible near formation
- Current: Extended to current bar (recommended)
- Max: Extended indefinitely
VOLUME SETTINGS:
MA Length (5-50):
- Shorter: More responsive to spikes
- Longer: Smoother baseline
- Recommended: 20 for balance
Spike Multiplier (1.0-3.0):
- Lower: More sensitive spike detection
- Higher: Only extreme spikes
- Recommended: 1.5 for day trading
MULTI-TIMEFRAME SETTINGS:
HTF 1 (Trend):
- 5m chart: Use 15m or 1H
- 15m chart: Use 1H or 4H
- 1H chart: Use 4H or 1D
HTF 2 (Bias):
- One level higher than HTF 1
- Provides longer-term context
- Don't use same as HTF 1
EMA SETTINGS:
Length:
- 20: Responsive, more signals
- 50: Smoother, stronger filter
- 200: Long-term trend only
Style:
- Choose contrasting color
- Width 1-2 for visibility
- Match your trading style
───────────────────────────────────────
BEST PRACTICES
───────────────────────────────────────
Chart Timeframe Selection:
- ORB Trading: Use 5m or 15m charts
- Session Review: Use 1H or 4H charts
- Swing Trading: Use 1H or 4H charts
Quality Over Quantity:
- Wait for high-quality alerts (volume + MTF)
- Avoid trading every breakout
- Focus on confluence setups
Risk Management:
- Position size based on range width
- Wider ranges = smaller positions
- Use stop losses always
- Take partial profits at targets
Market Conditions:
- Best results in trending markets
- Reduce position size in choppy conditions
- Consider session overlaps for volatility
- Avoid trading near major news if inexperienced
Continuous Improvement:
- Track win rate by session
- Note which confluence factors work best
- Adjust settings based on market volatility
- Review performance weekly
───────────────────────────────────────
PERFORMANCE OPTIMIZATION
───────────────────────────────────────
This indicator is optimized with:
- max_bars_back declarations for efficient processing
- Conditional calculations based on enabled features
- Proper memory management for drawing objects
- Minimal recalculation on each bar
Best Practices:
- Disable unused features (sessions, MTF, volume)
- Limit historical display to reduce rendering
- Use appropriate timeframe for your strategy
- Clear old drawing objects periodically
───────────────────────────────────────
EDUCATIONAL DISCLAIMER
───────────────────────────────────────
This indicator combines established trading concepts:
- Opening Range Breakout theory (price action)
- Liquidity level detection (pivot analysis)
- Session-based trading (time-of-day patterns)
- Volume analysis (confirmation technique)
- Multi-timeframe analysis (trend alignment)
All calculations use standard technical analysis methods:
- Pivot high/low detection algorithms
- Moving averages for trend and volume
- Session time filtering
- Timeframe security functions
The indicator identifies potential trading setups but does not predict future price movements. Success requires proper application within a complete trading strategy including risk management, position sizing, and market context.
───────────────────────────────────────
USAGE DISCLAIMER
───────────────────────────────────────
This tool is for educational and analytical purposes. Opening Range Breakout trading involves substantial risk. The alert system and quality filters are designed to identify potential setups but do not guarantee profitability. Always conduct independent analysis, use proper risk management, and never risk capital you cannot afford to lose. Past performance does not indicate future results. Trading intraday breakouts requires experience and discipline.
───────────────────────────────────────
CREDITS & ATTRIBUTION
───────────────────────────────────────
ORIGINAL SOURCE:
This indicator builds upon concepts from LuxAlgo's-ORB
Swing LevelsThe Swing Levels indicator automatically detects and plots recent swing highs and lows on the chart, turning them into dynamic support and resistance levels.
Each new swing point creates a horizontal line that extends forward in time until price “fills” (touches or breaks) that level. Once a level is filled, it can either disappear or remain visible — depending on your settings.
You can enable alerts to be notified whenever price fills a swing high (breaks resistance) or a swing low (breaks support).
A lookback filter allows limiting how far back in history swing levels are drawn, helping keep the chart clean and efficient.
Main benefits:
• Automatically tracks key market structure turning points
• Helps visualize support and resistance zones in real time
• Optional alerts for breakout confirmations
• Fully customizable colors, line styles, and management behavior
• Works on any timeframe or market
In short:
Swing Levels gives you a clear and automated view of where price has recently reversed — powerful zones where liquidity and reactions often occur again.
Сreated with vibecoding using ChatGPT and Claude.
Custom Two Sessions H/L/50% LevelsTrack high/low/midpoint levels across two customizable time sessions. Perfect for monitoring H4 blocks, session ranges, or any custom time periods as reference levels for lower timeframe trading.
What This Indicator Does:
Tracks and projects High, Low, and 50% Midpoint levels for two fully customizable time sessions. Unlike fixed-session indicators, you define EXACTLY when each session starts and ends.
Key Features:
• Two independent sessions with custom start/end times (hour and minute)
• High/Low/50% midpoint tracking for each session
• Visual session boxes showing calculation periods
• Horizontal lines projecting levels into the future
• Historical session levels remain visible for reference
• Works on any chart timeframe (M1, M5, M15, H1, H4, etc.)
• Full visual customization (colors, line styles, widths)
• DST timezone support
Common Use Cases:
H4 Candle Tracking - Set sessions to 4-hour blocks (e.g., 6-10am, 10am-2pm) to track individual H4 highs/lows
H1 Candle Tracking - 1-hour blocks for scalping reference levels
Session Trading - ETH vs RTH, London vs NY, Asian session, etc.
Custom Time Periods - Any time range you want to monitor
How to Use:
The indicator identifies key price levels from higher timeframe periods. Use previous session H/L/50% as reference levels for:
Identifying sweep and reclaim setups
Lower timeframe structural flip confirmations
Support/resistance zones for entries
Delivery targets after breaks of structure
Settings:
Configure each session's start/end times independently. The indicator automatically triggers at the first bar crossing into your specified time, making it compatible with all chart timeframes.
Luxy BIG beautiful Dynamic ORBThis is an advanced Opening Range Breakout (ORB) indicator that tracks price breakouts from the first 5, 15, 30, and 60 minutes of the trading session. It provides complete trade management including entry signals, stop-loss placement, take-profit targets, and position sizing calculations.
The ORB strategy is based on the concept that the opening range of a trading session often acts as support/resistance, and breakouts from this range tend to lead to significant moves.
What Makes This Different?
Most ORB indicators simply draw horizontal lines and leave you to figure out the rest. This indicator goes several steps further:
Multi-Stage Tracking
Instead of just one ORB timeframe, this tracks FOUR simultaneously (5min, 15min, 30min, 60min). Each stage builds on the previous one, giving you multiple trading opportunities throughout the session.
Active Trade Management
When a breakout occurs, the indicator automatically calculates and displays entry price, stop-loss, and multiple take-profit targets. These lines extend forward and update in real-time until the trade completes.
Cycle Detection
Unlike indicators that only show the first breakout, this tracks the complete cycle: Breakout → Retest → Re-breakout. You can see when price returns to test the ORB level after breaking out (potential re-entry).
Failed Breakout Warning
If price breaks out but quickly returns inside the range (within a few bars), the label changes to "FAILED BREAK" - warning you to exit or avoid the trade.
Position Sizing Calculator
Built-in risk management that tells you exactly how many shares to buy based on your account size and risk tolerance. No more guessing or manual calculations.
Advanced Filtering
Optional filters for volume confirmation, trend alignment, and Fair Value Gaps (FVG) to reduce false signals and improve win rate.
Core Features Explained
### 1. Multi-Stage ORB Levels
The indicator builds four separate Opening Range levels:
ORB 5 - First 5 minutes (fastest signals, most volatile)
ORB 15 - First 15 minutes (balanced, most popular)
ORB 30 - First 30 minutes (slower, more reliable)
ORB 60 - First 60 minutes (slowest, most confirmed)
Each level is drawn as a horizontal range on your chart. As time progresses, the ranges expand to include more price action. You can enable or disable any stage and assign custom colors to each.
How it works: During the opening minutes, the indicator tracks the highest high and lowest low. Once the time period completes, those levels become your ORB high and low for that stage.
### 2. Breakout Detection
When price closes outside the ORB range, a label appears:
BREAK UP (green label above price) - Price closed above ORB High
BREAK DOWN (red label below price) - Price closed below ORB Low
The label shows which ORB stage triggered (ORB5, ORB15, etc.) and the cycle number if tracking multiple breakouts.
Important: Signals appear on bar close only - no repainting. What you see is what you get.
### 3. Retest Detection
After price breaks out and moves away, if it returns to test the ORB level, a "RETEST" label appears (orange). This indicates:
The original breakout level is now acting as support/resistance
Potential re-entry opportunity if you missed the first breakout
Confirmation that the level is significant
The indicator requires price to move a minimum distance away before considering it a valid retest (configurable in settings).
### 4. Failed Breakout Detection
If price breaks out but returns inside the ORB range within a few bars (before the breakout is "committed"), the original label changes to "FAILED BREAK" in orange.
This warns you:
The breakout lacked conviction
Consider exiting if already in the trade
Wait for better setup
Committed Breakout: The indicator tracks how many bars price stays outside the range. Only after staying outside for the minimum number of bars does it become a committed breakout that can be retested.
### 5. TP/SL Lines (Trade Management)
When a breakout occurs, colored horizontal lines appear showing:
Entry Line (cyan for long, orange for short) - Your entry price (the ORB level)
Stop Loss Line (red) - Where to exit if trade goes against you
TP1, TP2, TP3 Lines (same color as entry) - Profit targets at 1R, 2R, 3R
These lines extend forward as new bars form, making it easy to track your trade. When a target is hit, the line turns green and the label shows a checkmark.
Lines freeze (stop updating) when:
Stop loss is hit
The final enabled take-profit is hit
End of trading session (optional setting)
### 6. Position Sizing Dashboard
The dashboard (bottom-left corner by default) shows real-time information:
Current ORB stage and range size
Breakout status (Inside Range / Break Up / Break Down)
Volume confirmation (if filter enabled)
Trend alignment (if filter enabled)
Entry and Stop Loss prices
All enabled Take Profit levels with percentages
Risk/Reward ratio
Position sizing: Max shares to buy and total risk amount
Position Sizing Example:
If your account is $25,000 and you risk 1% per trade ($250), and the distance from entry to stop loss is $0.50, the calculator shows you can buy 500 shares (250 / 0.50 = 500).
### 7. FVG Filter (Fair Value Gap)
Fair Value Gaps are price inefficiencies - gaps left by strong momentum where one candle's high doesn't overlap with a previous candle's low (or vice versa).
When enabled, this filter:
Detects bullish and bearish FVGs
Draws semi-transparent boxes around these gaps
Only allows breakout signals if there's an FVG near the breakout level
Why this helps: FVGs indicate institutional activity. Breakouts through FVGs tend to be stronger and more reliable.
Proximity setting: Controls how close the FVG must be to the ORB level. 2.0x means the breakout can be within 2 times the FVG size - a reasonable default.
### 8. Volume & Trend Filters
Volume Filter:
Requires current volume to be above average (customizable multiplier). High volume breakouts are more likely to sustain.
Set minimum multiplier (e.g., 1.5x = 50% above average)
Set "strong volume" multiplier (e.g., 2.5x) that bypasses other filters
Dashboard shows current volume ratio
Trend Filter:
Only shows breakouts aligned with a higher timeframe trend. Choose from:
VWAP - Price above/below volume-weighted average
EMA - Price above/below exponential moving average
SuperTrend - ATR-based trend indicator
Combined modes (VWAP+EMA, VWAP+SuperTrend) for stricter filtering
### 9. Pullback Filter (Advanced)
Purpose:
Waits for price to pull back slightly after initial breakout before confirming the signal.
This reduces false breakouts from immediate reversals.
How it works:
- After breakout is detected, indicator waits for a small pullback (default 2%)
- Once pullback occurs AND price breaks out again, signal is confirmed
- If no pullback within timeout period (5 bars), signal is issued anyway
Settings:
Enable Pullback Filter: Turn this filter on/off
Pullback %: How much price must pull back (2% is balanced)
Timeout (bars): Max bars to wait for pullback (5 is standard)
When to use:
- Choppy markets with many fake breakouts
- When you want higher quality signals
- Combine with Volume filter for maximum confirmation
Trade-off:
- Better signal quality
- May miss some valid fast moves
- Slight entry delay
How to Use This Indicator
### For Beginners - Simple Setup
Add the indicator to your chart (5-minute or 15-minute timeframe recommended)
Leave all default settings - they work well for most stocks
Watch for BREAK UP or BREAK DOWN labels to appear
Check the dashboard for entry, stop loss, and targets
Use the position sizing to determine how many shares to buy
Basic Trading Plan:
Wait for a clear breakout label
Enter at the ORB level (or next candle open if you're late)
Place stop loss where the red line indicates
Take profit at TP1 (50% of position) and TP2 (remaining 50%)
### For Advanced Traders - Customized Setup
Choose which ORB stages to track (you might only want ORB15 and ORB30)
Enable filters: Volume (stocks) or Trend (trending markets)
Enable FVG filter for institutional confirmation
Set "Track Cycles" mode to catch retests and re-breakouts
Customize stop loss method (ATR for volatile stocks, ORB% for stable ones)
Adjust risk per trade and account size for accurate position sizing
Advanced Strategy Example:
Enable ORB15 only (disable others for cleaner chart)
Turn on Volume filter at 1.5x with Strong at 2.5x
Enable Trend filter using VWAP
Set Signal Mode to "Track Cycles" with Max 3 cycles
Wait for aligned breakouts (Volume + Trend + Direction)
Enter on retest if you missed the initial break
### Timeframe Recommendations
5-minute chart: Scalping, very active trading, crypto
15-minute chart: Day trading, balanced approach (most popular)
30-minute chart: Swing entries, less screen time
60-minute chart: Position trading, longer holds
The indicator works on any intraday timeframe, but ORB is fundamentally a day trading strategy. Daily charts don't make sense for ORB.
DEFAULT CONFIGURATION
ON by Default:
• All 4 ORB stages (5/15/30/60)
• Breakout Detection
• Retest Labels
• All TP levels (1/1.5/2/3)
• TP/SL Lines (Detailed mode)
• Dashboard (Bottom Left, Dark theme)
• Position Size Calculator
OFF by Default (Optional Filters):
• FVG Filter
• Pullback Filter
• Volume Filter
• Trend Filter
• HTF Bias Check
• Alerts
Recommended for Beginners:
• Leave all defaults
• Session Mode: Auto-Detect
• Signal Mode: Track Cycles
• Stop Method: ATR
• Add Volume Filter if trading stocks
Recommended for Advanced:
• Enable ORB15 + ORB30 only (disable 5 & 60)
• Enable: Volume + Trend + FVG
• Signal Mode: Track Cycles, Max 3
• Stop Method: ATR or Safer
• Enable HTF Daily bias check
## Settings Guide
The settings are organized into logical groups. Here's what each section controls:
### ORB COLORS Section
Show Edge Labels: Display "ORB 5", "ORB 15" labels at the right edge of the levels
Background: Fill the area between ORB high/low with color
Transparency: How see-through the background is (95% is nearly invisible)
Enable ORB 5/15/30/60: Turn each stage on or off individually
Colors: Assign colors to each ORB stage for easy identification
### SESSION SETTINGS Section
Session Mode: Choose trading session (Auto-Detect works for most instruments)
Custom Session Hours: Define your own hours if needed (format: HHMM-HHMM)
Auto-Detect uses the instrument's natural hours (stocks use exchange hours, crypto uses 24/7).
### BREAKOUT DETECTION Section
Enable Breakout Detection: Master switch for signals
Show Retest Labels: Display retest signals
Label Size: Visual size for all labels (Small recommended)
Enable FVG Filter: Require Fair Value Gap confirmation
Show FVG Boxes: Display the gap boxes on chart
Signal Mode: "First Only" = one signal per direction per day, "Track Cycles" = multiple signals
Max Cycles: How many breakout-retest cycles to track (6 is balanced)
Breakout Buffer: Extra distance required beyond ORB level (0.1-0.2% recommended)
Min Distance for Retest: How far price must move away before retest is valid (2% recommended)
Min Bars Outside ORB: Bars price must stay outside for committed breakout (2 is balanced)
### TARGETS & RISK Section
Enable Targets & Stop-Loss: Calculate and show trade management
TP1/TP2/TP3 checkboxes: Select which profit targets to display
Stop Method: How to calculate stop loss placement
- ATR: Based on volatility (best for most cases)
- ORB %: Fixed % of ORB range
- Swing: Recent swing high/low
- Safer: Widest of all methods
ATR Length & Multiplier: Controls ATR stop distance (14 period, 1.5x is standard)
ORB Stop %: Percentage beyond ORB for stop (20% is balanced)
Swing Bars: Lookback period for swing high/low (3 is recent)
### TP/SL LINES Section
Show TP/SL Lines: Display horizontal lines on chart
Label Format: "Short" = minimal text, "Detailed" = shows prices
Freeze Lines at EOD: Stop extending lines at session close
### DASHBOARD Section
Show Info Panel: Display the metrics dashboard
Theme: Dark or Light colors
Position: Where to place dashboard on chart
Toggle rows: Show/hide specific information rows
Calculate Position Size: Enable the position sizing calculator
Risk Mode: Risk fixed $ amount or % of account
Account Size: Your total trading capital
Risk %: Percentage to risk per trade (0.5-1% recommended)
### VOLUME FILTER Section
Enable Volume Filter: Require volume confirmation
MA Length: Average period (20 is standard)
Min Volume: Required multiplier (1.5x = 50% above average)
Strong Volume: Multiplier that bypasses other filters (2.5x)
### TREND FILTER Section
Enable Trend Filter: Require trend alignment
Trend Mode: Method to determine trend (VWAP is simple and effective)
Custom EMA Length: If using EMA mode (50 for swing, 20 for day trading)
SuperTrend settings: Period and Multiplier if using SuperTrend mode
### HIGHER TIMEFRAME Section
Check Daily Trend: Display higher timeframe bias in dashboard
Timeframe: What TF to check (D = daily, recommended)
Method: Price vs MA (stable) or Candle Direction (reactive)
MA Period: EMA length for Price vs MA method (20 is balanced)
Min Strength %: Minimum strength threshold for HTF bias to be considered
- For "Price vs MA": Minimum distance (%) from moving average
- For "Candle Direction": Minimum candle body size (%)
- 0.5% is balanced - increase for stricter filtering
- Lower values = more signals, higher values = only strong trends
### ALERTS Section
Enable Alerts: Master switch (must be ON to use any alerts)
Breakout Alerts: Notify on ORB breakouts
Retest Alerts: Notify when price retests after breakout
Failed Break Alerts: Notify on failed breakouts
Stage Complete Alerts: Notify when each ORB stage finishes forming
After enabling desired alert types, click "Create Alert" button, select this indicator, choose "Any alert() function call".
## Tips & Best Practices
### General Trading Tips
ORB works best on liquid instruments (stocks with good volume, major crypto pairs)
First hour of the session is most important - that's when ORB is forming
Breakouts WITH the trend have higher success rates - use the trend filter
Failed breakouts are common - use the "Min Bars Outside" setting to filter weak moves
Not every day produces good ORB setups - be patient and selective
### Position Sizing Best Practices
Never risk more than 1-2% of your account on a single trade
Use the built-in calculator - don't guess your position size
Update your account size monthly as it grows
Smaller accounts: use $ Amount mode for simplicity
Larger accounts: use % of Account mode for scaling
### Take Profit Strategy
Most traders use: 50% at TP1, 50% at TP2
Aggressive: Hold through TP1 for TP2 or TP3
Conservative: Full exit at TP1 (1:1 risk/reward)
After TP1 hits, consider moving stop to breakeven
TP3 rarely hits - only on strong trending days
### Filter Combinations
Maximum Quality: Volume + Trend + FVG (fewest signals, highest quality)
Balanced: Volume + Trend (good quality, reasonable frequency)
Active Trading: No filters or Volume only (many signals, lower quality)
Trending Markets: Trend filter essential (indices, crypto)
Range-Bound: Volume + FVG (avoid trend filter)
### Common Mistakes to Avoid
Chasing breakouts - wait for the bar to close, don't FOMO into wicks
Ignoring the stop loss - always use it, move it manually if needed
Over-leveraging - the calculator shows MAX shares, you can buy less
Trading every signal - quality > quantity, use filters
Not tracking results - keep a journal to see what works for YOU
## Pros and Cons
### Advantages
Complete all-in-one solution - from signal to position sizing
Multiple timeframes tracked simultaneously
Visual clarity - easy to see what's happening
Cycle tracking catches opportunities others miss
Built-in risk management eliminates guesswork
Customizable filters for different trading styles
No repainting - what you see is locked in
Works across multiple markets (stocks, forex, crypto)
### Limitations
Intraday strategy only - doesn't work on daily charts
Requires active monitoring during first 1-2 hours of session
Not suitable for after-hours or extended sessions by default
Can produce many signals in choppy markets (use filters)
Dashboard can be overwhelming for complete beginners
Performance depends on market conditions (trends vs ranges)
Requires understanding of risk management concepts
### Best For
Day traders who can watch the first 1-2 hours of market open
Traders who want systematic entry/exit rules
Those learning proper position sizing and risk management
Active traders comfortable with multiple signals per day
Anyone trading liquid instruments with clear sessions
### Not Ideal For
Swing traders holding multi-day positions
Set-and-forget / passive investors
Traders who can't watch market open
Complete beginners unfamiliar with trading concepts
Low volume / illiquid instruments
## Frequently Asked Questions
Q: Why are no signals appearing?
A: Check that you're on an intraday timeframe (5min, 15min, etc.) and that the current time is within your session hours. Also verify that "Enable Breakout Detection" is ON and at least one ORB stage is enabled. If using filters, they might be blocking signals - try disabling them temporarily.
Q: What's the best ORB stage to use?
A: ORB15 (15 minutes) is most popular and balanced. ORB5 gives faster signals but more noise. ORB30 and ORB60 are slower but more reliable. Many traders use ORB15 + ORB30 together.
Q: Should I enable all the filters?
A: Start with no filters to see all signals. If too many false signals, add Volume filter first (stocks) or Trend filter (trending markets). FVG filter is most restrictive - use for maximum quality but fewer signals.
Q: How do I know which stop loss method to use?
A: ATR works for most cases - it adapts to volatility. Use ORB% if you want predictable stop placement. Swing is for respecting chart structure. Safer gives you the most room but largest risk.
Q: Can I use this for swing trading?
A: Not really - ORB is fundamentally an intraday strategy. The ranges reset each day. For swing trading, look at weekly support/resistance or moving averages instead.
Q: Why do TP/SL lines disappear sometimes?
A: Lines freeze (stop extending) when: stop loss is hit, the last enabled take-profit is hit, or end of session arrives (if "Freeze at EOD" is enabled). This is intentional - the trade is complete.
Q: What's the difference between "First Only" and "Track Cycles"?
A: "First Only" shows one breakout UP and one DOWN per day maximum - clean but might miss opportunities. "Track Cycles" shows breakout-retest-rebreak sequences - more signals but busier chart.
Q: Is position sizing accurate for options/forex?
A: The calculator is designed for shares (stocks). For options, ignore the share count and use the risk amount. For forex, you'll need to adapt the lot size calculation manually.
Q: How much capital do I need to use this?
A: The indicator works for any account size, but practical day trading typically requires $25,000 in the US due to Pattern Day Trader rules. Adjust the "Account Size" setting to match your capital.
Q: Can I backtest this strategy?
A: This is an indicator, not a strategy script, so it doesn't have built-in backtesting. You can visually review historical signals or code a strategy script using similar logic.
Q: Why does the dashboard show different entry price than the breakout label?
A: If you're looking at an old breakout, the ORB levels may have changed when the next stage completed. The dashboard always shows the CURRENT active range and trade setup.
Q: What's a good win rate to expect?
A: ORB strategies typically see 40-60% win rate depending on market conditions and filters used. The strategy relies on positive risk/reward ratios (2:1 or better) to be profitable even with moderate win rates.
Q: Does this work on crypto?
A: Yes, but crypto trades 24/7 so you need to define what "session start" means. Use Session Mode = Custom and set your preferred daily reset time (e.g., 0000-2359 UTC).
## Credits & Transparency
### Development
This indicator was developed with the assistance of AI technology to implement complex ORB trading logic.
The strategy concept, feature specifications, and trading logic were designed by the publisher. The implementation leverages modern development tools to ensure:
Clean, efficient, and maintainable code
Comprehensive error handling and input validation
Detailed documentation and user guidance
Performance optimization
### Trading Concepts
This indicator implements several public domain trading concepts:
Opening Range Breakout (ORB): Trading strategy popularized by Toby Crabel, Mark Fisher and many more talanted traders.
Fair Value Gap (FVG): Price imbalance concept from ICT methodology
SuperTrend: ATR-based trend indicator using public formula
Risk/Reward Ratio: Standard risk management principle
All mathematical formulas and technical concepts used are in the public domain.
### Pine Script
Uses standard TradingView built-in functions:
ta.ema(), ta.atr(), ta.vwap(), ta.highest(), ta.lowest(), request.security()
No external libraries or proprietary code from other authors.
## Disclaimer
This indicator is provided for educational and informational purposes only. It is not financial advice.
Trading involves substantial risk of loss and is not suitable for every investor. Past performance shown in examples is not indicative of future results.
The indicator provides signals and calculations, but trading decisions are solely your responsibility. Always:
Test strategies on paper before using real money
Never risk more than you can afford to lose
Understand that all trading involves risk
Consider seeking advice from a licensed financial advisor
The publisher makes no guarantees regarding accuracy, profitability, or performance. Use at your own risk.
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Version: 3.0
Pine Script Version: v6
Last Updated: October 2024
For support, questions, or suggestions, please comment below or send a private message.
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Happy trading, and remember: consistent risk management beats perfect entry timing every time.
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
Volume Order Block Scanner [BOSWaves]Volume Order Block Scanner - Dynamic Detection of High-Volume Supply and Demand Zones
Overview
The Volume Order Block Scanner introduces a refined approach to institutional zone mapping, combining volume-weighted order flow, structural displacement, and ATR-based proportionality to identify regions of aggressive participation from large entities.
Unlike static zone mapping or simplistic body-size filters, this framework dynamically evaluates each candle through a multi-layer model of relative volume, candle structure, and volatility context to isolate genuine order block formations while filtering out market noise.
Each identified zone represents a potential institutional footprint, defined by significant volume surges and efficient body-to-ATR relationships that indicate purposeful positioning. Once mapped, each order block is dynamically adjusted for volatility and tracked throughout its lifecycle - from creation to mitigation to potential invalidation - producing an evolving liquidity map that adapts with price.
This adaptive behavior allows traders to visualize where liquidity was absorbed and where it remains unfilled, revealing the structural foundation of institutional intent across timeframes.
Theoretical Foundation
At its core, the Volume Order Block Scanner is built on the interaction between volume displacement and structural imbalance. Traditional order block systems often rely on fixed candle formations or simple engulfing logic, neglecting the fundamental driver of institutional activity: volume concentration relative to volatility.
This framework redefines that approach. Each candle is filtered through two comparative ratios:
Relative Volume Ratio (RVR) - the candle’s volume compared to its rolling average, confirming genuine transactional surges.
Body-ATR Ratio (BAR) - a measure of displacement efficiency relative to recent volatility, ensuring structural strength.
Only when both conditions align is an order block validated, marking a displacement event significant enough to create a lasting imbalance.
By embedding this logic within a volatility-adjusted environment, the system maintains scalability across asset classes and volatility regimes - equally effective in crypto, forex, or index markets.
How It Works
The Volume Order Block Scanner operates through a structured multi-stage process:
Displacement Detection - Identifies candles whose body and volume exceed dynamic thresholds derived from ATR and rolling volume averages. These represent the origin points of institutional aggression.
Zone Construction - Each qualified candle generates an order block with ATR-proportional dimensions to ensure consistency across instruments and timeframes. The zone includes two regions: Body Zone (the precise initiation point of displacement) and Wick Imbalance (the residual inefficiency representing unfilled liquidity).
Lifecycle Tracking - Each zone is continuously monitored for market interaction. Reactions within a defined window are classified as respected, mitigated, or invalidated, giving traders a data-driven sense of ongoing institutional relevance.
Volume Confirmation Layer - Reinforces signal integrity by ensuring that all detected blocks correspond with meaningful increases in transactional activity.
Temporal Decay Control - Zones that remain untested beyond a set period gradually lose visual and analytical weight, maintaining chart clarity and contextual precision.
Interpretation
The Volume Order Block Scanner visualizes how institutional participants interact with the market through zones of accumulation and distribution.
Bullish order blocks denote demand imbalances where price displaced upward under high volume; bearish order blocks signify supply regions formed by concentrated selling pressure.
Price revisiting these areas often reflects institutional re-entry or liquidity rebalancing, offering actionable insights for both continuation and reversal scenarios.
By continuously monitoring interaction and expiry, the framework enables traders to distinguish between active institutional footprints and historical liquidity artifacts.
Strategy Integration
The Volume Order Block Scanner integrates naturally into advanced structural and order-flow methodologies:
Liquidity Mapping : Identify high-volume regions that are likely to influence future price reactions.
Break-of-Structure Confirmation : Validate BOS and CHOCH signals through aligned order block behavior.
Volume Confluence : Combine with BOSWaves volume or momentum indicators to confirm real institutional intent.
Smart-Money Frameworks : Utilize order block retests as precision entry zones within SMC-based setups.
Trend Continuation : Filter zones in line with higher-timeframe bias to maintain directional integrity.
Technical Implementation Details
Core Engine : Dual-filter mechanism using Relative Volume Ratio (RVR) and Body-ATR Ratio (BAR).
Volatility Framework : ATR-based scaling for cross-asset proportionality.
Zone Composition : Body and wick regions plotted independently for visual clarity of imbalance.
Lifecycle Logic : Real-time monitoring of reaction, mitigation, and invalidation states.
Directional Coloring : Distinct bullish and bearish shading with adjustable transparency.
Computation Efficiency : Lightweight structure suitable for multi-timeframe or multi-asset environments.
Optimal Application Parameters
Timeframe Guidance:
5m - 15m : Reactive intraday zones for short-term liquidity engagement.
1H - 4H : Medium-term structures for swing or intraday trend mapping.
Daily - Weekly : Macro accumulation and distribution footprints.
Suggested Configuration:
Relative Volume Threshold : 1.5× - 2.0× average volume.
Body-ATR Threshold : 0.8× - 1.2× for valid displacement.
Zone Expiry : 5 - 10 bars for intraday use, 15 - 30 for swing/macro contexts.
Parameter optimization should be asset-specific, tuned to volatility conditions and liquidity depth.
Performance Characteristics
High Effectiveness:
Markets exhibiting clear displacement and directional flow.
Environments with consistent volume expansion and liquidity inefficiencies.
Reduced Effectiveness:
Range-bound markets with frequent false impulses.
Low-volume sessions lacking institutional participation.
Integration Guidelines
Confluence Framework : Pair with structure-based BOS or liquidity tools for validation.
Risk Management : Treat active order blocks as contextual areas of interest, not guaranteed reversal points.
Multi-Timeframe Logic : Derive bias from higher-timeframe blocks and execute from refined lower-timeframe structures.
Volume Verification : Confirm each reaction with concurrent volume acceleration to avoid false liquidity cues.
Disclaimer
The Volume Order Block Scanner is a quantitative mapping framework designed for professional traders and analysts. It is not a predictive or guaranteed system of profit.
Performance depends on correct configuration, market conditions, and disciplined risk management. BOSWaves recommends using this indicator as part of a comprehensive analytical process - integrating structural, volume, and liquidity context for accurate interpretation.
