Market Average Long/ShortThis indicator calculates and visualizes the average prices of long and short positions based on Open Interest (OI) and volume data. It is specifically designed for futures markets to provide deeper insights into market participant behavior.
How It Works:
Open Interest: Tracks changes to identify whether new positions are being added or existing positions are being closed.
Average Long Price: Represents the weighted average price of all long positions currently open in the market.
Average Short Price: Represents the weighted average price of all short positions currently open in the market.
Excludes Closed Volume: Focuses only on new positions (open volume) for accurate long/short average price calculations.
Features:
Plots the Average Long and Short Prices:
Green Line: Average Long Price.
Red Line: Average Short Price.
Dynamic Labels: Displays the current values of average long and short prices directly on the chart.
Error Handling: Alerts you if Open Interest data is unavailable for the selected symbol.
Use Cases:
Market Sentiment Analysis:
Rising average long price: Indicates longs are entering at higher prices (bullish sentiment).
Falling average short price: Indicates shorts are entering at lower prices (bearish sentiment).
Support/Resistance Levels:
Use average long/short prices as potential support and resistance zones, as they represent key levels for market participants.
Tracking Market Behavior:
Identify whether money is flowing into or out of the market based on changes in Open Interest.
Best Used For:
Futures trading on instruments with reliable Open Interest (OI) data.
Analyzing trend continuation or reversal by observing shifts in average long/short price levels.
Parameters:
Override Symbol: Allows you to manually input a symbol for analysis. Otherwise, it defaults to the current chart's symbol.
Pro Tip: Combine this indicator with volume and price action analysis to spot key market turning points or confirm existing trends.
การวิเคราะห์แนวโน้ม
RSI Mapped to Price ChartThis indicator plots the oversold and overbought levels of RSI on price chart. Tradingview RSI defualts
NX8HintradayHow to Use It
Add the Script to Your Chart:
Click "Add to Chart" after saving the script.
Configure Parameters:
Primary SuperTrend Timeframe: Select the timeframe (e.g., 8H) for long-term trend analysis.
ATR Parameters (Factor and Period): Adjust SuperTrend sensitivity.
EMA Timeframe and Period: Set the EMA to follow the overall trend.
Buy/Sell Offset: Fine-tune the entry levels for buy and sell signals.
Read the Chart:
Green lines indicate bullish trends, and red lines indicate bearish trends.
The blue EMA line helps confirm the trend direction.
Entry Signals:
Long: A "Long" signal appears when the price is above the SuperTrend and the EMA.
Short: A "Short" signal appears when the price is below the SuperTrend and the EMA.
Automatic Execution:
The script automatically places buy or sell orders when the conditions are met.
Priority Ranges - Breakouts and Reintegrations- Alerts!
1. Purpose
The script aims to:
• Automatically identify priority ranges created by inside bars.
• Track breakouts and reintegrations relative to these ranges.
• Visualize important levels (high, low, and 50% level of the range) on the chart.
• Provide alerts for significant events like breakouts, reintegrations, and price movements relative to the range.
2. Key Features
Priority Range Detection
• A priority range is created when an inside bar (a bar with a smaller range than the previous bar) is detected.
• The high and low of the inside bar define the range.
• The range becomes “active” once identified, and its high, low, and 50% level are tracked.
Visualization
• Priority Range Lines:
• The high and low levels of the priority range are drawn as lines, customizable in color, width, and extension length.
• 50% Level Line:
• An optional line is drawn at the midpoint (average of the high and low) of the priority range, customizable in color, width, style (solid, dashed, dotted), and extension length.
• Previous Ranges:
• Highs and lows of previous priority ranges (up to a user-defined maximum) are also displayed on the chart for reference.
Breakout Detection
• A breakout occurs when the price closes above the high or below the low of the priority range.
• Alerts and labels are generated for breakouts:
• Breakout Up: When the price closes above the high.
• Breakout Down: When the price closes below the low.
Reintegration Detection
• After a breakout, the script monitors if the price re-enters the priority range.
• Reintegrations are classified as:
• Reintegration Up: The price re-enters from above after breaking out above the range.
• Reintegration Down: The price re-enters from below after breaking out below the range.
• Alerts and labels are generated for reintegrations.
Midpoint Alerts
• Alerts are provided when the price closes above or below the 50% level of the priority range.
3. User Inputs
The script allows extensive customization through user inputs:
Range Lines
• Priority Range:
• Line color, width, and extension length for the active priority range.
• Previous Ranges:
• Line color, width, and extension length for previous ranges.
• Maximum number of previous ranges to display.
50% Level
• Option to display the 50% line with customizable:
• Color, width, style (solid, dotted, dashed), and extension length.
Labels
• Enable/disable labels for:
• Breakouts.
• Reintegrations.
• Special reintegrations.
• New range creation.
Observation Period
• Defines the maximum number of bars to monitor for reintegration after a breakout.
4. Alerts
The script provides alerts for the following events:
• Breakouts:
• “Breakout UP”: When the price closes above the priority range’s high.
• “Breakout DOWN”: When the price closes below the priority range’s low.
• Reintegrations:
• “Reintegration UP”: When the price re-enters the range from above.
• “Reintegration DOWN”: When the price re-enters the range from below.
• New Priority Range:
• Triggered when a new priority range is created.
• Midpoint Alerts:
• “Clôture au-dessus des 50%”: Price closes above the 50% level.
• “Clôture en dessous des 50%”: Price closes below the 50% level.
5. Labels
The script optionally displays labels for:
• Breakouts:
• Labels above/below bars indicating breakout direction.
• Reintegrations:
• Labels above/below bars showing reintegration events.
• New Range Creation:
• Labels at the bar where a new priority range is established.
6. Practical Use Case
This script is ideal for traders who:
• Use range-based trading strategies, focusing on breakouts and reintegrations.
• Need visual and automated alerts to track key market events.
• Want to monitor how price interacts with significant levels, including range boundaries and midpoints.
7. Limitations
• Strict Range Definition: Priority ranges are only created based on inside bars, which may not cover all potential range formations.
• Max Observation Period: Reintegrations are only tracked for a limited number of bars after a breakout.
• Chart Object Limit: Excessive ranges may hit TradingView’s object limits, though the script includes controls to manage this.
Active Ranges Detector
1. Purpose
The script identifies and manages bar ranges, which are defined as bars where the high and low prices are fully contained within the high and low of the previous bar. These ranges are used by traders to identify potential breakouts and price consolidations.
2. Key Features
Active Range Validation
A potential range becomes an active range when the price breaks out of the bar’s high or low. The breakout direction is tracked:
• Upward breakout: When the price closes above the high of the range.
• Downward breakout: When the price closes below the low of the range.
The script creates:
• Lines to represent the high and low of the range.
• A colored background box to indicate the range, with color coded for breakout direction:
• Green: Upward breakout.
• Orange: Downward breakout.
Range Updates
• Exit Detection: The script detects if the price exits the range (moves outside the high or low levels).
• Reintegration and Mitigation:
• If the price re-enters an exited range, it marks the range as “mitigated.”
• The lines for mitigated ranges are updated (color and width are changed).
• The background box is removed for mitigated ranges.
3. User Inputs
The script provides customization options:
• Breakout Colors:
• upBreakoutColor: Background color for upward breakout ranges (default: semi-transparent green).
• downBreakoutColor: Background color for downward breakout ranges (default: semi-transparent orange).
• Mitigated Range Styling:
• mitigatedLineColor: Line color for mitigated ranges (default: red).
• mitigatedLineWidth: Width of the line for mitigated ranges.
• Line and Background Settings:
• activeLineWidth: Width of lines for active ranges.
• lineExtension: Length of line extensions beyond the range’s initial boundaries.
• Range Display Limits:
• maxActiveRanges: Maximum number of active ranges to display on the chart (default: up to 200).
4. Visualization
The script provides clear visual feedback for identified ranges:
• Lines: High and low levels of the range are drawn as lines on the chart.
• Background Boxes: Colored boxes are drawn to represent active ranges, with breakout direction indicated by the box’s color.
• Mitigation Styling: Mitigated ranges have updated line styles and no background.
5. Range Management
The script actively manages ranges:
• Tracks the status of each range (active, exited, reintegrated, mitigated).
• Limits the number of displayed ranges to improve chart readability and comply with TradingView’s object limits.
6. Use Case
This script is ideal for traders who:
• Use inside bars to identify areas of consolidation and breakout opportunities.
• Want to track active and mitigated ranges automatically.
• Need a clear, visual representation of ranges and breakout directions.
7. Limitations
• Inside bars are identified based only on the current and previous bar, so the script might not detect more complex consolidation patterns.
• The maximum number of ranges displayed is limited to the user-defined value (maxActiveRanges), with a hard limit of 200 due to TradingView’s object restrictions.
Daily Weekly Monthly Highs & Lows - Alerts !
1. Purpose
The script helps traders:
• Visualize the high and low levels for the previous daily, weekly, and monthly periods.
• Receive alerts when the current price crosses these levels.
• Identify key support and resistance zones based on historical highs and lows.
2. Key Features
User Inputs
The script offers customization options through input parameters:
• Daily Levels:
• Enable/disable displaying daily levels (Show Daily Levels).
• Customize the color for daily level lines (Daily Line Color).
• Weekly Levels:
• Enable/disable displaying weekly levels (Show Weekly Levels).
• Customize the color for weekly level lines (Weekly Line Color).
• Monthly Levels:
• Enable/disable displaying monthly levels (Show Monthly Levels).
• Customize the color for monthly level lines (Monthly Line Color).
3. Core Functionality
Level Calculations
The script retrieves the previous daily, weekly, and monthly highs and lows using the request.security() function:
• Daily High/Low: Taken from the previous day’s high and low.
• Weekly High/Low: Taken from the previous week’s high and low.
• Monthly High/Low: Taken from the previous month’s high and low.
Price Crossing Detection
For each level (daily, weekly, monthly), the script checks if the current high or low price has crossed:
• The previous high (triggering a “High Reached” alert).
• The previous low (triggering a “Low Reached” alert).
4. Visual Features
The script plots lines to represent the previous highs and lows:
• Daily Levels:
• Dashed lines for the previous daily high and low.
• Configurable color (Daily Line Color).
• Weekly Levels:
• Dashed lines for the previous weekly high and low.
• Configurable color (Weekly Line Color).
• Monthly Levels:
• Dashed lines for the previous monthly high and low.
• Configurable color (Monthly Line Color).
These lines extend forward by one bar for better visibility on the chart.
5. Alert Features
The script provides alerts for when the price crosses these levels:
• Daily Alerts:
• “Daily High Reached” when the current price crosses the previous daily high.
• “Daily Low Reached” when the current price crosses the previous daily low.
• Weekly Alerts:
• “Weekly High Reached” when the current price crosses the previous weekly high.
• “Weekly Low Reached” when the current price crosses the previous weekly low.
• Monthly Alerts:
• “Monthly High Reached” when the current price crosses the previous monthly high.
• “Monthly Low Reached” when the current price crosses the previous monthly low.
6. Practical Use Case
This script is ideal for traders who:
• Use support and resistance levels from daily, weekly, and monthly timeframes as part of their strategy.
• Want to monitor price interactions with these levels in real-time.
• Need automatic alerts for key price movements without continuously monitoring the chart.
7. Limitations
• Max Line Count: TradingView limits the number of lines that can be drawn on the chart to max_lines_count = 500.
• No Historical Levels: The script only tracks the most recent daily, weekly, and monthly levels and does not display historical levels.
Crypto Market Trend Analysis This indicator is a multi-asset market analysis tool that evaluates trends, RSI, and confluence across various assets, providing actionable insights into the current market conditions. It calculates a score and trend signals for multiple assets, including DXY, USDT dominance, BTC, BTC dominance, TOTAL market cap, and specific altcoins like HBAR and its pairings.
Key Features:
Multi-Asset Analysis:
Analyzes multiple metrics such as DXY, BTC, TOTAL market caps, and specific altcoins.
Provides a clear breakdown of trend directions (Bull/Bear), RSI values, and previous conditions for each asset.
Custom Scoring System:
Calculates a score for each asset using a weighted system based on:
Moving averages (37 and 200-period).
RSI thresholds (e.g., >60 for bullish, <40 for bearish).
Relative Volume (RVOL).
ADX values for trend strength.
Bullish and bearish divergences detected using RSI and price.
The score categorizes the trend into five levels:
Strong Bull: High bullish confidence.
Bull: Moderately bullish conditions.
Neutral: Mixed or undecided market state.
Bear: Moderately bearish conditions.
Strong Bear: High bearish confidence.
RSI-Based Trend Insights:
Evaluates whether RSI is trending higher or lower, combining this with price and volume metrics to strengthen trend detection.
Divergence Detection:
Identifies bullish divergences when prices make lower lows while RSI makes higher lows.
Identifies bearish divergences when prices make higher highs while RSI makes lower highs.
Confluence Across Metrics:
Combines individual asset scores to provide a comprehensive view of market sentiment and strength across key assets.
For example:
If BTC and TOTAL both show bullish trends with rising RSI, the market-wide confluence suggests stronger confidence in the bullish scenario.
Visualization:
Displays clear metrics such as trend direction, RSI values, and their corresponding previous states in a visually organized table format.
Color coding (e.g., green for bullish, red for bearish) enhances readability.
Doji Detector- Alerts!
1. Purpose
The script identifies Doji candles, which are candlesticks with very small or negligible bodies and relatively large wicks. These patterns often indicate market indecision and can serve as potential reversal signals.
2. User Inputs
The script includes several customizable parameters to fine-tune the detection of Doji candles:
• wickRatioLimit: Defines the maximum allowable ratio between the sizes of the upper and lower wicks.
• Example: If the upper wick is no more than 1.5 times larger than the lower wick (or vice versa), the candle can be classified as a Doji.
• bodyColor: Specifies the color for the body of detected Doji candles.
• showMarker: Enables or disables the display of a visual marker (a triangle) below detected Doji candles.
• bodyToWickRatio: Sets the maximum ratio between the size of the candle’s body and the total length of its wicks.
• Example: A body-to-wick ratio of 0.5 means the body cannot be larger than 50% of the sum of the upper and lower wicks.
• alertOnDoji: Activates or deactivates alerts when a Doji candle is detected.
3. Detection Mechanism
The script calculates key components of the candlestick:
• Upper Wick: Difference between the high price and the larger of the open or close prices.
• Lower Wick: Difference between the low price and the smaller of the open or close prices.
• Body Size: Absolute difference between the open and close prices.
It then determines whether the candle qualifies as a Doji based on the following conditions:
1. The body size must be less than or equal to the specified fraction of the total wick size (bodyToWickRatio).
2. The ratio of the upper wick to the lower wick must not exceed the defined wickRatioLimit.
If both conditions are met, the candle is classified as a Doji.
4. Visual Features
The script provides visual indicators for detected Doji candles:
• Bar Coloring: The bodies of detected Doji candles are colored with the specified bodyColor (default is red).
• Markers: If enabled (showMarker = true), a green triangle is plotted below each detected Doji candle for easy identification.
5. Alerts
The script sets up alert conditions for detected Doji candles:
• If alertOnDoji is enabled, an alert is triggered whenever a Doji candle is detected.
• The alert message is customizable and displays “Doji Detected!” by default.
6. Use Case
This script is useful for traders who want to:
• Identify moments of market indecision (Doji patterns) automatically.
• Receive alerts to take appropriate trading actions based on these patterns.
• Highlight Doji candles on charts with customized colors and markers.
LevelUp^ Minervini Trend Template ScreenerThe Minervini Trend Template is a stock screener based on the work of Mark Minervini, a two-time winner of the U.S. Investing Championship. The goal is to identify stocks that are in strong uptrends.
Historical analysis demonstrates that nearly all of the highest performing stocks exhibited a strong uptrend prior to making significant advances. Based on Mark's research, 99% of these stocks were trading above their 200-day simple moving average, and 96% were above their 50-day simple moving average, prior to becoming true market leaders.
🔹 Minervini Trend Template Requirements
✓ Price is above the 150-SMA and 200-SMA.
✓ 150-SMA is above the 200-SMA.
✓ 200-SMA is trending up for at least one month.
✓ 50-SMA is above the 150-SMA and the 200-SMA.
✓ Price is above the 50-SMA.
✓ Price is within 25% of the 52-week high.
✓ Price is 30%+ above the 52-week low.
🔹 Screening Features - Setting Your Search Criteria
There are various search options that can be customized.
▪ Symbol Type
The screener supports all equity types from stocks to ETFs to crypto. You can narrow the scope of your search by choosing only the symbol types of interest.
▪ Percent Change - Weekly, Monthly and YTD
Further narrow your search by specifying minimum percent changes on a weekly, monthly and/or year-to-date basis.
▪ Distance From 52-Week High
The screener looks for stocks within 25% of their 52-week high, as defined by Mark's Trend Template. You can further tighten this criteria by specifying a smaller percentage, for example, search for stocks within 5% of their 52-week high.
🔹 Installation And Usage
▪ Mark this indicator as a Favorite.
▪ Use the Pine Screener to search for stocks.
▪ Save the search results to a watchlist.
▪ View the watchlist in TradingView.
🔹 Note
The Trend Template as originally defined by Mark included an RS Rating based on a proprietary calculation from Investor's Business Daily. My preference in technical analysis and screening is to only use tools and calculations that can be researched and verified. There is no RS Rating requirement in this screener. All the other Trend Template requirements are included.
Pin Bar Detector-Alerts!
1. General Objective
This script is designed to detect and alert for Pin Bars (candles with long wicks) on a chart in real time. Pin Bars are candlestick patterns that often indicate potential market reversals or continuations, depending on their structure (dominant upper or lower wick). In addition to detecting Pin Bars, the script manages alerts and plots key levels (the 50% level of the Pin Bar) on the chart.
2. User Parameters
The script allows users to customize several parameters to adjust Pin Bar detection and alert configurations:
• Enabled Alerts:
• Enable Bullish Pin Bar Alert: Activates alerts for bullish Pin Bars.
• Enable Bearish Pin Bar Alert: Activates alerts for bearish Pin Bars.
• Enable 50% Level Alert: Activates alerts when the 50% level of a Pin Bar is reached.
• Detection Thresholds:
• Wick Ratio Threshold: Ratio of the upper wick to the lower wick (defines the candlestick shape).
• Body to Wick Multiplier: Multiplies the body size to exclude candles with a “nose.”
• Largest Wick to Body Multiplier: Multiplies the body size to identify Pin Bars with a dominant wick.
• Visual Customization:
• Color and width of the line representing the 50% level of a Pin Bar.
• Number of bars over which the 50% level line extends.
3. Detection Mechanism
The script uses a function (isPinBarByWickRatio) to evaluate if a candle meets the criteria for a Pin Bar:
• Bullish Pin Bar:
• The lower wick is significantly larger than the upper wick and the body.
• The upper wick is non-existent or negligible.
• Bearish Pin Bar:
• The upper wick is significantly larger than the lower wick and the body.
• The lower wick is non-existent or negligible.
The criteria include:
• The ratio of the upper wick to the lower wick.
• The size of the body relative to the dominant wick.
• The comparison of the largest wick to the body size.
4. Alerts
The script defines three types of alerts:
1. Bullish Pin Bar Alert: Triggers when a bullish Pin Bar is detected.
2. Bearish Pin Bar Alert: Triggers when a bearish Pin Bar is detected.
3. 50% Level Touched: Triggers when the price reaches the 50% level of a previously detected Pin Bar.
5. Graphical Display
The script provides multiple visual elements for better understanding:
• Candle Coloring:
• Green for bullish Pin Bars.
• Red for bearish Pin Bars.
• Graphical Markers:
• A green triangle above detected bullish bars.
• A red triangle below detected bearish bars.
• A blue circle when the 50% level is touched.
• 50% Level Lines:
• A horizontal line at 50% of the height of a detected Pin Bar.
• The line extends for a user-defined number of bars.
6. Storage and Updates
The script keeps track of:
• Index of the last detected Pin Bar.
• 50% level of the last detected Pin Bar.
• Type of the last detected Pin Bar (bullish or bearish).
These values are updated only when the bar is confirmed (at close).
7. Practical Use
• This script is ideal for traders looking for reversal or continuation signals based on Pin Bar analysis.
• Alerts enable traders to monitor opportunities without actively watching the chart.
• The 50% lines help identify key support or resistance levels associated with Pin Bars.
Vartrend[Robinson0707]in this script I try to make buy and sell system with @LazyBear's variable moving average indicator. you can set your targets and also you can use clouds as TP point. sometimes it giving false signal. be carefull to using that
Fusion Signal ProFusion Signal Pro
Your All-in-One Trading Powerhouse
Say goodbye to cluttered charts and hello to precision trading. Fusion Signal Pro is the ultimate tool for traders who want to simplify their strategy without sacrificing accuracy. By combining the power of RSI, Parabolic SAR, MACD, Stochastic Oscillator, and EMAs, this indicator delivers crystal-clear signals and actionable insights—all in one sleek package.
What’s Under the Hood?
Fusion Signal Pro integrates 5 powerhouse indicators into a single, easy-to-use tool:
Relative Strength Index (RSI)
Spot overbought and oversold conditions like a pro.
Get buy signals when RSI crosses above the oversold zone and sell signals when it drops below overbought.
Parabolic SAR
Track trends and reversals with precision.
Visualized directly on your chart for seamless trend analysis.
MACD (Moving Average Convergence Divergence)
Master momentum and trend strength.
Buy/Sell signals trigger on crossovers between the MACD line and signal line.
Stochastic Oscillator
Gauge momentum and overbought/oversold levels.
Toggle this feature on or off to keep your chart clean and focused.
Exponential Moving Averages (EMAs)
Short and long EMAs for trend confirmation.
Use crossover signals for long-term strategies or trend-following setups.
Why Fusion Signal Pro?
Customizable AF: Tweak every setting to match your trading style—whether you’re a scalper, swing trader, or long-term investor.
Clean & Focused: Enable or disable components to declutter your chart and focus on what matters.
Flexible Display: Plot RSI, MACD, and Stochastic in a separate pane or keep them off the chart entirely.
Pro-Level Precision: Designed to work seamlessly with Heikin-Ashi candles for smoother trends and sharper signals.
Pro Tips for Maximum Gains
Pair with Heikin-Ashi: For next-level trend clarity, use Fusion Signal Pro with Heikin-Ashi candles. They smooth out price action, making it easier to spot reversals and ride trends.
Adjust for Timeframes: Shorter settings for scalping, longer settings for swing trading.
Tweak for Volatility: Fine-tune overbought/oversold levels and EMA lengths to match market conditions.
Key Settings Explained
RSI Settings
Length: Shorter = more sensitive; Longer = smoother.
Overbought/Oversold Levels: Lower thresholds = earlier signals (but more noise).
Parabolic SAR Settings
Start, Increment, Maximum: Control sensitivity. Smaller values = less reactive; larger values = more responsive to trends.
MACD Settings
Fast/Slow Lengths: Shorter = faster signals (scalping); Longer = smoother signals (swing trading).
Signal Length: Higher values = less noise but delayed signals.
Stochastic Settings
K & D Lengths: Shorter = faster signals; Longer = smoother signals.
Overbought/Oversold Levels: Adjust for volatile markets.
EMA Settings
Short/Long Lengths: Short EMAs = quick reactions; Long EMAs = trend confirmation.
Disclaimer
Fusion Signal Pro is a powerful tool, but it’s not a crystal ball. Always combine it with solid risk management, additional analysis, and your trading instincts. Trade smart, stay sharp, and let Fusion Signal Pro guide your way.
Onky's DikFat Supreme Supply and Demand Onky's DikFat Supreme Supply and Demand is an essential tool for traders looking to harness the power of Supply and Demand Trading , a strategy based on the fundamental market principle that prices increase when demand exceeds supply and decrease when supply surpasses demand. This indicator helps you pinpoint key Supply and Demand Zones on the chart, acting as high-probability areas for potential market reversals.
Introduction to Supply and Demand Trading
Supply and demand trading is one of the most powerful approaches used by traders across all financial markets, from stocks to forex to commodities. It works on the idea that prices will naturally rise when there is more demand than supply, and fall when there is more supply than demand. Understanding where these zones lie on the chart is critical for making profitable trades. By identifying key support and resistance levels driven by these forces, traders can anticipate price movements with high accuracy.
Benefits of Using Supply & Demand Trading:
Simple Trading Approach : Focus on market structure rather than complex indicators.
High-Probability Trading Setups : Recognize zones where price is likely to reverse.
Minimal Indicators Required : The strategy works on pure price action.
Works Across All Markets : Supply and demand principles apply to stocks, forex, and commodities.
High Accuracy : When implemented correctly, it offers a high degree of precision.
Whether you are just starting or looking to refine your strategy, understanding how to identify supply and demand zones can greatly improve your trading decisions. Here’s how you can begin:
Step 1: Identify Supply and Demand Zones
Before entering trades, it's essential to first identify the Supply and Demand Zones on your chart. These zones act as key support and resistance levels where price is likely to reverse.
Supply Zone : This represents an area where selling pressure exceeds buying pressure, causing the price to drop.
Demand Zone : This marks an area where buying pressure exceeds selling pressure, driving the price upwards.
These zones are crucial for spotting potential turning points in the market. Using Onky's DikFat Supreme Supply and Demand indicator, supply and demand zones are automatically detected, helping you to identify these key levels with ease. The indicator highlights these zones with specific color coding, allowing you to quickly see where price might reverse based on historical price action.
Step 2: Confirm Your Entry and Exit
Once you've identified the supply and demand zones, confirmation is key before entering any trades.
Entry Confirmation :
Look for additional technical indicators and patterns that signal a strong trade setup:
Candlestick Patterns : Bullish engulfing, Piercing Line, and other reversal patterns.
Chart Patterns : Double bottom, Head and Shoulders, and other formations that suggest a market shift.
Momentum Indicators : Use tools like MACD and RSI to confirm the strength of the trend.
Exit Confirmation :
Plan your exits with discipline to maximize your profits and minimize losses:
Stop Loss : Always place stop losses just outside of the supply or demand zone.
Exit Strategies :
Close part of the position at 2x risk and move stop loss to breakeven.
Trail stops below the previous support or resistance levels.
Close the full position using reversal candlestick patterns.
Step 3: Use Effective Risk Management
Incorporating effective Risk Management practices is essential for long-term success in supply and demand trading. Even with a high-probability edge, managing your risk ensures that you protect your capital and make more informed decisions.
Risk Management Best Practices :
Risk 1%-3% Per Trade : For a $10,000 account, risk only $100-$300 per trade.
Position Sizing : Stick to position sizes appropriate for your account size to manage risk effectively.
Set Stop Loss Orders : Always manage your risk with clearly defined stop losses.
Control Emotions : Avoid overtrading, revenge trading, and excessive confidence. Stick to your plan.
By combining supply and demand zones with solid risk management, you can confidently trade the markets and grow your account over time.
Start Applying Supply and Demand
Now that you understand the basics, you can begin applying Supply and Demand trading using the Onky's DikFat Supreme Supply and Demand indicator to detect key zones and high-probability setups. Here’s how to start:
Identify Fresh Supply and Demand Levels : Use the indicator to automatically find the most relevant zones.
Confirm Setups with Additional Signals : Use candlestick patterns, momentum indicators, and chart patterns for entry confirmation.
Manage Risk on Every Trade : Always use proper risk management to ensure you’re protecting your capital.
As you become more proficient in identifying and trading these zones, you will enhance your trading strategy and improve your consistency. Implementing these practices early on will help you grow as a trader and achieve long-term success.
Additional Resources
Price Action and Supply and Demand : A deeper dive into how price action complements supply and demand analysis.
Supply and Demand Trading - The Ultimate Guide : A comprehensive guide to mastering supply and demand trading techniques.
Advanced Supply and Demand Zones : Learn to identify more complex supply and demand zones for greater trading precision.
With the right education, dedication, and a focus on proper risk management, you can successfully trade based on supply and demand principles, no matter your experience level.
ALPHAFX V8 ALGO [ANEES]The ALPHAFX V8 ALGO is a comprehensive technical analysis indicator designed to assist traders in identifying key buy and sell signals based on multiple factors, trend following & reversal detection experience including Bollinger Bands-style volatility zones, and dynamic stop loss/take profit levels.
Users can create various ways to utilize the indicator's features together such as looking for periods of price exhaustion in the market alongside strong reversal signals appearing or getting real-time divergence signals alongside a shift in volume with the volume overlay setting in the market to predict upcoming trends.
⨭ FEATURES
Buy and Sell Signals: The indicator generates visual buy and sell signals These signals are plotted directly on the chart with labels ("BUY" and "SELL") to help traders quickly identify potential trade opportunities.
Heat Zones: indicating the relative intensity of price movement, with widening zones suggesting increased volatility and potential trading opportunities.
Volatility Zones: The algorithm calculates volatility zones based on standard deviation These zones are dynamically colored and plotted to provide visual cues for varying market conditions.
Heatmap: The script includes a heatmap feature, coloring the chart background to indicate signal presence
Fixed Stop Loss and Take Profit: The tool allows traders to set fixed stop-loss and take-profit levels with customizable values. It also tracks and visualizes stop-loss and take-profit levels for both long and short positions directly on the chart.
Risk Management: The script includes risk management features after stop-loss hits, which prevent new trades from being triggered immediately following a stop-loss, allowing for more disciplined trading behavior.
Position Tracking: The algorithm tracks the position (long or short) and highlights entry, stop-loss, and take-profit levels using lines and labels for better visual clarity.
Alerts: Alerts are triggered for buy and sell signals, ensuring that traders are notified when trade opportunities arise based on the predefined conditions.
⨭ USAGE GUIDE
"In the images, we can see four points of interest used for confirming a buy:
➟Candle in the heat zone
➟Buy signal printed
➟Volume overlay
➟Entry price displayed
As shown in the circle, a buy signal is printed, and we observe the candle in the heat zone along with the displayed entry price. These confirmations are used to look for buy opportunities and a potential bullish reversal."
"In the images, we can see four points of interest used for confirming a sell:
➟Candle in the heat zone
➟sell signal printed
➟Volume overlay
➟Entry price displayed
As shown in the circle, a sell signal is printed, and we observe the candle in the heat zone along with the displayed entry price. These confirmations are used to look for sell opportunities and a potential bearish reversal."
⨭CONCLUSION & ACCESS
This strategy incorporates technical indicators for enhanced decision-making, but it is not a guaranteed method for financial success.
It is designed to work in various market conditions and can be adjusted based on individual trading preferences.
You can see the Author's instructions below to get instant access to ALPHAFX V8 ALGO
[GrandAlgo] Supply Demand Pressure CloudThe Supply Demand Pressure Cloud takes traditional supply and demand analysis to the next level by incorporating a dynamic pressure cloud. This cloud visually represents the intensity of market activity within supply and demand zones, offering traders an edge in identifying key levels of buying and selling pressure. Unlike conventional supply and demand indicators, the Pressure Cloud provides enhanced insights into market dynamics by focusing on the buildup of pressure within these zones.
In addition to pressure analysis, the indicator allows customization of zone strength—Major, Intermediate, or Minor—enabling users to adapt the tool to their trading strategy and preferred levels of significance.
Key Features:
Unique Pressure Cloud Visualization:
Red Supply Clouds: Indicate areas with significant selling pressure, often acting as resistance.
Green Demand Clouds: Indicate areas with significant buying pressure, often acting as support.
The cloud shading dynamically represents the buildup of market pressure, providing a visual edge that simple supply/demand indicators lack.
Customizable Pressure Levels:
Choose between Mild, Moderate, or Strong pressure levels to highlight zones with varying levels of market intensity.
Adjustable Zone Strength:
Select between Major, Intermediate, and Minor zones to focus on the levels most relevant to your trading style.
Real-Time Adaptability:
Automatically adjusts to reflect the most current market conditions, ensuring the zones are always relevant.
Clear and Intuitive Visuals:
Gradual color shading for the Pressure Cloud enhances clarity and usability, making it easy to spot key levels at a glance.
Comprehensive Market Coverage:
Works seamlessly across multiple markets, including Forex, crypto, stocks, and commodities.
Why Choose Supply Demand Pressure Cloud?
While traditional supply and demand indicators only highlight zones, the Pressure Cloud adds another layer of actionable insight by visually representing the intensity of pressure within these areas. This feature allows traders to:
Anticipate potential reversals with greater accuracy.
Prioritize zones with higher market activity.
Stay ahead of significant price movements.
The Pressure Cloud sets this indicator apart, making it an essential tool for traders who want a deeper understanding of market dynamics.
How It Works:
The Supply Demand Pressure Cloud identifies supply and demand zones by analyzing historical price data. It then overlays a Pressure Cloud within these zones, representing the intensity of pressure. Users can further refine the analysis by:
Selecting Pressure Levels:
🔹 Mild: Highlights pressure clouds with lower intensity.
🔹 Moderate: Displays pressure clouds with medium intensity.
🔹 Strong: Focuses on pressure clouds with the highest intensity for precise trading insights.decisions.
Adjusting Zone Strength:
🔹 Major: High-impact zones that attract significant market attention.
🔹 Intermediate: Medium-significance levels for additional context.
🔹 Minor: Lesser impact zones for detailed analysis.
The image showcases the Supply Demand Pressure Cloud in action, dynamically highlighting key supply and demand zones on the chart. These zones, combined with the pressure clouds, provide a clear visualization of potential areas of market interest:
Supply Zone (Red): Represents areas of concentrated selling pressure. The overlayed Supply Cloud (red gradient) highlights the buildup of supply pressure within the zone, offering insights into potential resistance areas.
Demand Zone (Green): Represents areas of concentrated buying pressure. The overlayed Demand Cloud (green gradient) highlights the buildup of demand pressure, indicating potential support zones.
This powerful combination of zones and pressure clouds equips traders with actionable insights to identify market turning points, reversals, and areas of consolidation. Let the Supply Demand Pressure Cloud be your guide to navigating market dynamics.
Disclaimer:
This indicator is a technical analysis tool designed to assist traders by providing insights into market conditions. It does not guarantee future price movements or trading outcomes and should not be relied upon as a sole decision-making tool. The effectiveness of this indicator depends on its application, which requires your trading knowledge, experience, and judgment.
Trading involves significant financial risk, including the potential loss of capital. Past performance of any tool or indicator does not guarantee future results. This script is intended for educational and informational purposes only and does not constitute financial or investment advice. Users are strongly encouraged to perform their own analysis and consult with a qualified financial professional before making trading decisions.
Rolling Angled Volume Profile [Trendoscope®]🎲 Volume Profile Indicators
🎯Traditional Volume Profile
Volume profile indicators visually represent the distribution of volume across price levels. These indicators typically operate on horizontal price levels, making them effective in identifying supply and demand zones in ranging markets. However, they are less useful in trending markets where price movements follow a slope.
🎯The Need for Angled Volume Profiles
Just as support and resistance levels differ from trendlines, volume profile indicators require an equivalent method to account for volume distribution along a sloped trajectory. This would enable more accurate volume analysis in trending markets.
We identified the need of Angled Volume profile and have already published few indicators that implements the concept.
Angled Volume Profile calculates volume distribution along a slope. Users interact with the indicator by selecting the starting point, after which the volume profile is calculated for the selected trajectory.
Volume Forks is another tool that extends angled volume profile analysis, aligning volume profiles along the trajectory of pitchforks.
🎲 Rolling Volume Profile Indicator
The Rolling Volume Profile offers a new approach to angled volume profile calculations, addressing some limitations of earlier implementations:
🎯 Rolling Calculation
The volume profile is calculated for the last N bars of the instrument
The slope of the profile lines is determined by the closing prices of the starting and ending bars
Profiles are drawn in the direction of price movement between the start and end bars.
🎯 Dynamic Updates
As new bars are added, the calculations are updated, and the profile is redrawn based on the latest data.
This dynamic behavior earns it the name "Rolling Volume Profile."
🎯 Advantages Over Earlier Versions
Unlimited Profile Lines : Unlike previous implementations limited to 500 profile lines, this indicator uses polyline objects, overcoming the restriction.
Live Updates : Previous angled volume profile tools lacked real-time updates when new bars appeared. This limitation is resolved in the Rolling Volume Profile Indicator.
The Rolling Volume Profile provides an efficient and scalable solution for analyzing volume in trending markets.
🎯 Indicator Settings
Simple settings include few customisable options
Xmaster Formula Indicator [TradingFinder] No Repaint Strategies🔵 Introduction
The Xmaster Formula Indicator is a powerful tool for forex trading, combining multiple technical indicators to provide insights into market trends, support and resistance levels, and price reversals. Developed in the early 2010s, it is widely valued for generating reliable buy and sell signals.
Key components include Exponential Moving Averages (EMA) for identifying trends and price momentum, and MACD (Moving Average Convergence Divergence) for analyzing trend strength and direction.
The Stochastic Oscillator and RSI (Relative Strength Index) enhance accuracy by signaling potential price reversals. Additionally, the Parabolic SAR assists in identifying trend reversals and managing risk.
By integrating these tools, the Xmaster Formula Indicator provides a comprehensive view of market conditions, empowering traders to make informed decisions.
🔵 How to Use
The Xmaster Formula Indicator offers two distinct methods for generating signals: Standard Mode and Advance Mode. Each method caters to different trading styles and strategies.
Standard Mode :
In Standard Mode, the indicator uses normalized moving average data to generate buy and sell signals. The difference between the short-term (10-period) and long-term (38-period) EMAs is calculated and normalized to a 0-100 scale.
Buy Signal : When the normalized value crosses above 55, accompanied by the trend line turning green, a buy signal is generated.
Sell Signal : When the normalized value crosses below 45, and the trend line turns red, a sell signal is issued.
This mode is simple, making it ideal for traders looking for straightforward signals without the need for additional confirmations.
Advance Mode :
Advance Mode combines multiple technical indicators to provide more detailed and robust signals.
This method analyzes trends by incorporating :
🟣 MACD
Buy Signal : When the MACD histogram bars are positive.
Sell Signal : When the MACD histogram bars are negative.
🟣 RSI
Buy Signal : When RSI is below 30, indicating oversold conditions.
Sell Signal : When RSI is above 70, suggesting overbought conditions.
🟣 Stochastic Oscillator
Buy Signal : When Stochastic is below 20.
Sell Signal : When Stochastic is above 80.
🟣 Parabolic SAR
Buy Signal : When SAR is below the price.
Sell Signal : When SAR is above the price.
A signal is generated in Advance Mode only when all these indicators align :
Buy Signal : All conditions point to a bullish trend.
Sell Signal : All conditions indicate a bearish trend.
This mode is more comprehensive and suitable for traders who prefer deeper analysis and stronger confirmations before executing trades.
🔵 Settings
Method :
Choose between "Standard" and "Advance" modes to determine how signals are generated. In Standard Mode, signals are based on normalized moving average data, while in Advance Mode, signals rely on the combination of MACD, RSI, Stochastic Oscillator, and Parabolic SAR.
Moving Average Settings :
Short Length : The period for the short-term EMA (default is 10).
Mid Length : The period for the medium-term EMA (default is 20).
Long Length : The period for the long-term EMA (default is 38).
MACD Settings :
Fast Length : The period for the fast EMA in the MACD calculation (default is 12).
Slow Length : The period for the slow EMA in the MACD calculation (default is 26).
Signal Line : The signal line period for MACD (default is 9).
Stochastic Settings :
Length : The period for the Stochastic Oscillator (default is 14).
RSI Settings :
Length : The period for the Relative Strength Index (default is 14).
🔵 Conclusion
The Xmaster Formula Indicator is a versatile and reliable tool for forex traders, offering both simplicity and advanced analysis through its Standard and Advance modes. In Standard Mode, traders benefit from straightforward signals based on normalized moving average data, making it ideal for quick decision-making.
Advance Mode, on the other hand, provides a more detailed analysis by combining multiple indicators like MACD, RSI, Stochastic Oscillator, and Parabolic SAR, delivering stronger confirmations for critical market decisions.
While the Xmaster Formula Indicator offers valuable insights and reliable signals, it is important to use it alongside proper risk management and other analytical methods. By leveraging its capabilities effectively, traders can enhance their trading strategies and achieve better outcomes in the dynamic forex market.
VWAP Fibonacci Bands (Zeiierman)█ Overview
The VWAP Fibonacci Bands is a sophisticated yet user-friendly indicator designed to assist traders in visualizing market trends, volatility, and potential support/resistance levels. Developed by Zeiierman, this tool integrates the MIDAS (Market Interpretation Data Analysis System) methodology with Standard Deviation Bands and user-defined Fibonacci levels to provide a comprehensive market analysis framework.
This indicator is built for traders who want a dynamic and customizable approach to understanding market movements, offering features that adapt to varying market conditions. Whether you're a scalper, swing trader, or long-term investor.
█ How It Works
⚪ Anchor Point System
The indicator begins its calculations based on an anchor point, which can be set to:
A specific date for historical analysis or alignment with significant market events.
A timeframe-based reset, dynamically restarting calculations at the beginning of each selected period (e.g., daily, weekly, or monthly).
This dual-anchor method ensures flexibility, allowing the indicator to align with various trading strategies.
⚪ MIDAS Calculation
The MIDAS calculation is central to this indicator. It uses cumulative price and volume data to compute a volume-weighted average price (VWAP), offering a trendline that reflects the true value weighted by trading activity.
⚪ Standard Deviation Bands
The upper and lower bands are calculated using the standard deviation of price movements around the MIDAS line.
⚪ Fibonacci Levels
User-defined Fibonacci ratios are used to plot additional support and resistance levels between the bands. These levels provide visual cues for potential price reversals or trend continuations.
█ How to Use
⚪ Trend Identification
Uptrend: The price remains above the MIDAS line.
Downtrend: The price stays below the MIDAS line and aligns with the lower bands.
⚪ Support and Resistance
The upper and lower bands act as support and resistance levels.
Fibonacci levels provide intermediate zones for potential price reversals.
⚪ Volatility Analysis
Wider bands indicate periods of high volatility.
Narrower bands suggest low-volatility conditions, often preceding breakouts.
⚪ Overbought/Oversold Conditions
Look for the price beyond the upper or lower bands to identify extreme conditions.
█ Settings
Set Anchor Method
Anchor Method: Choose between Timeframe or Date to define the starting point of calculations.
Anchor Timeframe: For Timeframe mode, specify the interval (e.g., Daily, Weekly).
Anchor Date: For Date mode, set the exact starting date for historical alignment.
Set Std Dev Multiplier
Controls the width of the bands:
Higher values widen the bands, filtering out minor fluctuations.
Lower values tighten the bands for more responsive analysis.
Set Fibonacci Levels
Define custom Fibonacci ratios (e.g., 0.236, 0.382) to plot intermediate levels between the bands.
█ Tips for Fine-Tuning
⚪ For Trend Trading:
Use higher Std Dev Multipliers to focus on long-term trends and avoid noise. Adjust Anchor Timeframe to Weekly or Monthly for broader trend analysis.
⚪ For Reversal Trading:
Tighten the bands with a lower Std Dev Multiplier.
Use shorter anchor timeframes for intraday reversals (e.g., Hourly).
⚪ For Volatile Markets:
Increase the Std Dev Multiplier to accommodate wider price swings.
⚪ For Quiet Markets:
Decrease the Std Dev Multiplier to highlight smaller fluctuations.
-----------------
Disclaimer
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
EMA Gap+EMA's+Triple RSIEMA 4/5/10/20/50/100/200
3 RSI's
Support Resistance zones
Stochastic-RSI
Swing High/Low indication
ETI IndicatorThe Ensemble Technical Indicator (ETI) seeks to combine numerous technical indicators into a single figure that reflects whether a stock is bullish or bearish. Specifically the ETI consists of the following indicators:
SMA 10
WMA 10
RSI
Stochastic Oscillator K%
Stochastic Oscillator D%
MACD
Williams R%
A/D Oscillator
Commodity Channel Index (CCI)
These indicators are converted to either -1 or +1, depending on whether the indicator's value suggests a bullish trend, or bearish trend. These values are then added up and summed across 20 timeframes to derive a single figure.
It is suggested that stocks -40 and below are oversold, while those that are +50 and above are overbought.
Simple Moving Averages(20,50,100)This indicator combines 3 simple moving avgs.
Simple Moving Averages(20,50,100)
WDZZ - Multi-Trend Redirection
This indicator primarily reorganizes the current market trends and provides the current direction. Users can customize Fibonacci extensions for the current timeframe or choose to use the Fibonacci retracements of the previous trend cycle after reorganization.
Compared to other indicators, this one ensures consistency in the provided market trend direction through a unique approach. The reorganized directions are clear and straightforward. By incorporating Fibonacci extensions, even novice traders can easily process market expectations and develop their trading plans.
This indicator is mainly applicable to various cryptocurrency markets but can also be used for stocks and forex. It supports multiple customizable data options and has been designed with visual aesthetics in mind, ensuring a clean and elegant interface with customizable visual effects.
User Guide for the Indicator:
When the reorganized trend confirms that the current trend has been completed (i.e., a trend reversal), the indicator uses wave data from the current timeframe to provide Fibonacci extensions for the reversed direction.
Detailed Usage Guide Video:
www.youtube.com
该指标主要对当前市场趋势进行重新梳理，并给出当前方向。用户可以自定义当前周期的斐波那契拓展，也可以选择梳理后的前一趋势周期的斐波那契回撤。
与其他指标相比，该指标采用了独特的方式，确保给出的市场趋势方向具有一致性。重新梳理后的方向明确且简单易懂。通过加入斐波那契拓展功能，即使是新手交易者也能轻松处理市场预期，从而制定交易计划。
该指标主要适用于各种加密货币领域，同时也适用于股票和外汇。支持多种自定义数据，并对视觉效果进行了优化设计，确保界面简洁优雅，同时支持自定义视觉效果。
指标使用说明：
当重新梳理后的趋势确认当前趋势已经完成（即趋势反转）时，指标通过当前周期的波浪数据，给出反转后方向的斐波那契拓展。
详细使用指南视频：
www.youtube.com
