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Chart patterns

EBP mtf+fib (Nephew_Sam_)EBP (Engulfing Bar Pattern) Multi-Timeframe Indicator This indicator identifies special engulfing bar patterns that take liquidity from previous candles, making it ideal for trading reversals and continuations. Unlike traditional engulfing patterns, this enhanced version requires the current candle to break the previous candle's extreme (high/low) before closing beyond its open. Key Features: • Multi-timeframe analysis (up to 6 timeframes) • Customizable Fibonacci retracement levels • Visual table showing active engulfing patterns • Color-coded bars for easy pattern identification • Optional timeframe labels on Fibonacci levels Trading Strategy: 1. Identify EBP patterns on higher timeframes (HTF) 2. Use Fibonacci levels from the EBP candle for potential entries on lower timeframes 3. For bullish setups: Price breaks previous low then closes above previous open 4. For bearish setups: Price breaks previous high then closes below previous open Perfect for traders looking to catch strong reversal moves or continuation patterns with clear entry points based on liquidity sweeps.
Pine Script® indicator
by nephew_sam_
4
The Butterfly [theUltimator5]This is a technical analysis tool designed to automatically detect and visualize Butterfly harmonic patterns based on recent market pivot structures. This indicator uses a unique plotting and detection algorithm to find and display valid Butterfly patterns on the chart. The indicator works in real-time and historically by identifying major swing highs and lows (pivots) based on a user-defined ZigZag length. It then evaluates whether the most recent price structure conforms to the ideal proportions of a bullish or bearish Butterfly pattern. If the ratios between price legs XA, AB, BC, and projected CD meet defined tolerances, the pattern is plotted on the chart along with a projected D point for potential reversal. Key Features: Automatic Pivot Detection: The script analyzes recent price action to construct a ZigZag pattern, identifying swing points as potential X, A, B, and C coordinates. Butterfly Pattern Validation: The pattern is validated against traditional Fibonacci ratios: --AB should be approximately 78.6% of XA. --BC must lie between 38.2% and 88.6% of AB. --CD is projected as a multiple of BC, with user control over the ratio (e.g., 1.618–2.24). Bullish and Bearish Recognition: The pattern logic detects both bullish and bearish Butterflies, automatically adjusting plotting direction and color themes. Custom Ratio Tolerance: Users can define how strictly the AB/XA and BC/AB legs must adhere to ideal ratios, using a percentage-based tolerance slider. Fallback Detection Logic: If a new pattern is not identified in recent bars, the script performs a backward search on the last four pivots to find the most recent valid pattern. Force Mode: A toggle allows users to force the drawing of a Butterfly pattern on the most recent pivot structure, regardless of whether the ideal Fibonacci rules are satisfied. Dynamic Visualization: --Clear labeling of X, A, B, C, and D points. --Colored connecting lines and filled triangles to visualize structure. --Optional table displaying key Fibonacci ratios and how close each leg is to ideal values. Inputs: Length: Controls the sensitivity of the ZigZag pivots. Smaller values result in more frequent pivots. Tolerance (%): Adjustable threshold for acceptable deviation in AB/XA and BC/AB ratios. CD Length Multiplier: Projects point D by multiplying the BC leg using a value between 1.618 and 2.24. Force New Pattern: Overrides validation checks to display a Butterfly structure on recent pivots regardless of ratio accuracy. Show Table: Enables a table showing calculated ratios and deviations from the ideal.
Pine Script® indicator
by TheUltimator5
cd_cisd_market_CxHi Traders, Overview: Many traders follow market structure to identify the market direction and seek trade opportunities in line with the trend. However, markings derived from user-defined inputs can create different structures, depending on personal choices. For instance, choosing a pivot distance of 3 instead of 2 alters the structure, even though the chart remains the same. Ideally, the structure should remain consistent. "Change in State Delivery" ( CISD ) is a widely accepted concept among traders and is considered a significant indicator of market direction based on the gain/loss of CISD levels. In this indicator, CISD is selected as the primary criterion for marking market structure, eliminating the influence of user-dependent variations. Here is a summary of the key logic and rules applied: • When the price forms a new high/low, that level is only considered a pivot if a CISD has occurred. • A bullish CISD is always followed by a bearish CISD, and vice versa. • Pivot points form the internal structure. • The internal structure is used to interpret the swing structure. • Probabilities are derived from internal structure patterns. ________________________________________ Details: How is CISD determined? As is commonly known: • When price makes a new high, the opening level of the first candle in the consecutive bullish candle sequence is marked. • When price makes a new low, the opening of the first candle in the consecutive bearish sequence is marked. • If there’s only one candle in the sequence, its opening level is used. In a bullish market, losing a bearish CISD level (i.e., a close below it) or in a bearish market, gaining a bullish CISD level (i.e., a close above it) is interpreted as a potential shift in buyer-seller dominance and a possible market reversal. ________________________________________ How are internal (pivot) levels determined? • When price closes below a bearish CISD level, the highest candle's high becomes a pivot high (PH). • When price closes above a bullish CISD level, the lowest candle's low becomes a pivot low (PL). • If the new PH is above the previous PH, it’s labeled as HH (Higher High); otherwise, LH (Lower High). • If the new PL is below the previous PL, it’s labeled as LL (Lower Low); otherwise, HL (Higher Low). ________________________________________ Internal Market Structure: • A series of HHs indicates a bullish internal structure. • A series of LLs indicates a bearish internal structure. ________________________________________ Swing (Main) Market Structure: Using internal pivots and previous swing levels, the main market structure is derived. • A new swing high (SH) requires the price to move above the previous SH. • A new swing low (SL) requires the price to move below the previous SL. ________________________________________ Probability Calculation: Pivot levels forming the internal structure are coded as five-element sequences. There are 64 possible combinations of such sequences made from consecutive PH and PL values. Each pattern’s frequency from its starting candle is tracked. To make it more understandable: For example, after the four-sequence “HH, LL, LH,HL”, either HH or LH might follow. The table shows the statistical likelihood of both possible outcomes for the most recent four-element sequence on the chart. ________________________________________ How reliable is it? To assess reliability, results are calculated from the beginning using: Success Rate (Suc. Rt) = Number of Correct Predictions / Total Predictions This value is added to the table for reference. It’s important to note that no statistical outcome guarantees certainty—every result offers a different interpretation. What truly matters is to avoid getting stopped out 😊. ________________________________________ Menu Options: Show/hide preferences and color selections can be customized via the indicator menu. ________________________________________ What’s Coming in Future Versions? Features such as FVG (Fair Value Gaps) between swing levels, volume imbalances, order blocks / mitigation blocks, Fibonacci levels, and relevant trade suggestions will be added. ________________________________________ This is a BETA version that I believe will help simplify your market reading. I’d be happy to hear your feedback and suggestions. Cheerful Trading!
Pine Script® indicator
by cdikici71
2
Big Move Follow-Through Tracker🚀 What This Indicator Does Ever wondered if that sudden 5% pump in your favorite crypto will continue or just fade away? This powerful indicator automatically tracks every significant price move and tells you exactly what happened next - momentum continuation or mean reversion. 🎯 Key Features 📊 Smart Move Detection Automatically identifies "big moves" based on your custom threshold (default 3%) Uses ATR filtering to ensure moves are truly significant, not just normal volatility Works on ANY timeframe and ANY crypto pair 🔍 Follow-Through Analysis Tracks each big move for your specified number of bars (default 5) Classifies outcomes as either Follow-Through (momentum continues) or Mean Reversion (price reverses) Uses intelligent 2% thresholds to avoid noise and focus on meaningful moves 📈 Real-Time Statistics Dashboard Live statistics table showing historical performance Separate analysis for UP moves vs DOWN moves (crypto often behaves differently!) Percentage breakdowns of follow-through vs reversion rates Track total moves detected vs analyzed over time 🎨 Visual Clarity Clear arrow signals when big moves are detected Background highlighting during significant moves Customizable display options - show/hide signals and stats as needed 🛠️ How to Use Add to any crypto chart (works on BTC, ETH, altcoins, etc.) Adjust the move threshold (3% for major coins, higher for smaller caps) Set analysis timeframe (how many bars to track each move) Watch the statistics build over time to understand your asset's behavior 💡 Trading Applications For Momentum Traders: High follow-through rates? → Consider riding the momentum Trade in direction of big moves when statistics support it For Mean Reversion Traders: High reversion rates? → Look for fade opportunities Counter-trade big moves when they historically reverse For Risk Management: Understand typical behavior after significant moves Size positions based on historical follow-through probabilities 📋 Customizable Settings Big Move Threshold: Adjust sensitivity (0.5% - 10%) Analysis Period: How long to track each move (3-20 bars) Display Options: Toggle signals and statistics table Alert System: Get notified when big moves occur 🎲 What Makes This Different Unlike simple momentum indicators, this tool: ✅ Quantifies actual outcomes with real statistics ✅ Adapts to each asset's unique volatility profile ✅ Separates up and down move behavior ✅ Provides actionable probability data 📊 Perfect For Crypto day traders looking for edge identification Swing traders wanting to understand momentum vs reversion tendencies Risk managers needing probability-based position sizing Strategy developers building data-driven trading systems ⚡ Quick Setup Tips For Major Cryptos (BTC, ETH): Use 2-4% threshold For Altcoins: Use 4-8% threshold For Scalping: Use lower timeframes with 1-2% threshold For Swing Trading: Use higher timeframes with 5%+ threshold
Pine Script® indicator
by Kirubakaran_Rajendran
Impulse Profile Zones [BigBeluga] - with Alerts📌 Indicator Description This indicator highlights impulse price zones that occur when a large-bodied candle (high momentum candle) appears. Within these zones, the indicator performs the following: Calculates vertical volume distribution (Volume Profile) using lower timeframe data. Draws a histogram bar across 10 price levels within the zone to show volume concentration. Identifies the POC (Point of Control) — the price level with the highest volume. Provides automatic BUY/SELL alerts based on the direction of the impulse candle: 📈 Buy alert is triggered when a large bullish candle forms. 📉 Sell alert is triggered when a large bearish candle forms. 🚀 Future Development Potential 🧠 AI sentiment integration for enhanced signal validation 📤 Webhook alerts to external systems like Telegram or Discord 📉 BUY/SELL arrow visualization directly on the chart 🔄 Auto-drawn support/resistance levels derived from volume profile zones
Pine Script® indicator
by denidiana
Zero Lag Trend Strategy (MTF)🧠 Strategy Overview The Zero Lag Trend Signals Strategy (MTF) is a high-precision, multi-timeframe trend-following system designed for traders seeking early trend entries and intelligent exits. Built around ZLEMA-based signal detection, based on the original indicator Zero Lag Trend Signals (MTF) from AlgoAlpha, now built as a strategy with several improvements for Exit Criteria include RR, ATR Stop Loss, Trailing stop loss, etc. See below. This momentum strategy works much better for higher timeframes, typically 4 hours or higher. This particular combination only contains 57 trades because this captures larger trend moves. The dataset contains realistic commission and slippage. You can try to run this on a smaller timeframe, but you will need to try different combinations of length, band multiplier, risk-reward ratios, and other stop loss criteria. 🔍 Key Components 1️⃣ ZLEMA Trend Engine ZLEMA (Zero-Lag EMA) forms the foundation of the trend signal system. Detects bullish and bearish momentum by analyzing price action crossing custom ZLEMA bands. Optional confirmation using 5-bar ZLEMA slope filters (up/down trends) ensures high-conviction entries. 2️⃣ Volatility-Based Signal Bands Dynamic bands are calculated using ATR (volatility) stretched over 3× period length. These bands define entry zones (outside the bands) and trend strength. Price crossing above/below the bands triggers trend change detection. 3️⃣ Entry Logic Primary long entries occur when price crosses above the upper ZLEMA band. Short entries (optional) trigger on downside cross under the lower band. Re-entry logic allows continuation trades during strong trends. Filters include date range, ZLEMA confirmation, and previous position state. 4️⃣ Exit Logic & Risk Management Supports multiple customizable exit mechanisms: 🔺 Stop-Loss & Take-Profit ATR-Based SL/TP: Uses ATR multipliers to dynamically set levels based on volatility. Fixed Risk-Reward TP: Targets profit based on predefined RR ratios. Break-Even Logic: Automatically moves SL to entry once a threshold RR is hit. EMA Exit: Optional trailing exit based on price vs. short EMA. 🔀 Trailing Stop Follows price action using a trailing ATR-based buffer that tightens with trend movement. 🔁 Trend-Based Exit Automatically closes positions when the detected trend reverses. 5️⃣ Multi-Option Trade Filtering Enable/disable short trades, ZLEMA confirmations, re-entries, etc. Time-based backtesting filters for isolating performance within custom periods. 6️⃣ Visual Feedback & Annotations Trend shading overlays: Green for bullish, red for bearish zones. Up/Down triangle markers show when ZLEMA is rising/falling for 5 bars. Stop-loss, TP, trailing lines drawn dynamically on the chart. Floating stats table displays live performance (PnL, win %, GOA, drawdown, etc.). Trade log labels annotate closed trades with entry/exit, duration, and reason. 7️⃣ CSV Export Integration Seamless export of trade data including: Entry/exit prices Bars held Encoded exit reasons Enables post-processing or integration with external optimizers. ⚙️ Configurable Parameters All key elements are customizable: Entry band length and multiplier ATR lengths, multipliers, TP/SL, trailing stop, break-even Profit target RR ratio Toggle switches for confirmations, trade types, and exit methods
Pine Script® strategy
by Quant_Trading_Pro
SMT DivergenceSMT Divergence Indicator This powerful indicator identifies high-probability reversal points by detecting SMT (Smart Money Technique) divergences between two correlated assets. It spots subtle shifts in market momentum, revealing when one asset fails to confirm the price action of another—often signaling an impending trend change. Key Features: Inter-Market Divergence Detection: Automatically compares the price action of the main symbol with a second user-defined asset. Identifies Key Reversals: Pinpoints both bullish and bearish SMT divergences, highlighting hidden strength in downtrends and underlying weakness in uptrends. Customizable Pivot Detection: Allows fine-tuning of the pivot length to adjust sensitivity for different market conditions and timeframes. Flexible Display Modes: Choose between clean 'Lines' connecting the diverging pivots or precise 'Labels' marking the exact high/low points. Full Visual Customization: Complete control over the colors and line thickness for seamless integration with your existing chart layout. Built-in Alerts: Stay notified of every potential opportunity with alerts for both bullish and bearish signals. Settings: Core Parameters: Comparison Symbol: Select the second asset to compare against for divergence analysis (e.g., NQ1! if you are charting ES1!). Pivot Length: Defines the number of bars to the left and right required to confirm a pivot high or low. Visual Settings: Display Style: Choose to visualize divergences as 'Lines' or 'Labels'. Bearish/Bullish Color: Set custom colors for bearish and bullish divergence indicators. Line Width: Adjust the thickness of the divergence lines for optimal visibility. Perfect for traders who utilize inter-market analysis to confirm trade ideas. The SMT Divergence indicator provides a crucial edge by exposing non-confirmations between related assets, allowing for earlier and more confident entries into potential market reversals.
Pine Script® indicator
by ClayeWeight
Golden Pocket SyndicateGPS – Golden Pocket Syndicate The GPS indicator is a multi-tool designed for active traders who focus on reversals, precision scalping, and high-confluence entries. This script combines key market structure elements, dynamic support/resistance mapping, and real-time volume + liquidation metrics to help traders identify optimal entries based on supply/demand imbalances and liquidity targeting. Rather than replicating existing open-source tools, GPS blends custom logic for: • Golden Pocket Zone Mapping: Automatically highlights key Fibonacci retracement areas (0.618–0.65) across daily, weekly, monthly levels, including previous session extensions. • Liquidation Clusters & Pre-Liq Zones: Real-time detection and visual display of high-risk liquidation areas using volume acceleration and candle-body displacement data. • Reversal Confirmation Signals: Combines volume divergence, VWAP reclaims, and spiderline rejections with custom-coded “Snipe Points” that alert traders to potential exhaustion in trend. • Market Sentiment Integration: Optional overlays include real-time bar color shifts based on bias change (from trend to range) and dynamic volume overlays. This indicator is intended for traders who scalp or swing but require additional confirmation layers to prevent premature entries. It works well on 5m–4H charts and is especially powerful when paired with other manual tools such as trendlines, order blocks, or market structure breaks.
Pine Script® indicator
by RickyTSpanish
Shark Zones The Shark Zone indicator is designed to detect potential zones where institutional or "smart money" activity (often referred to as "sharks") may be occurring. These zones are based on specific market behaviors that typically accompany accumulation or distribution by large players. 📊 Key Features: Multi-timeframe Analysis: Choose a higher timeframe (HTF) for evaluating candles and volume while viewing on a lower chart. Volume Spike Detection: Identifies candles where volume exceeds a configurable historical maximum. Strong Candle Body: Filters for candles with a dominant body compared to their wicks, indicating directional conviction. Range Expansion: Confirms the candle’s price range is significantly larger than the average, highlighting high-impact moves. Dynamic Shark Zone Plotting: Once a “Shark Bar” is detected (meeting all conditions), a zone is plotted from its high to low. Zones remain on the chart for a set number of bars unless another Shark Bar updates the range. Background shading and labeled markers enhance visibility. ⚙️ Adjustable Inputs: Analysis Timeframe: Choose the HTF used for detecting smart money candles. Volume Spike Lookback: Number of bars to compare for volume breakout. Body/Wick Ratio: Sensitivity to strong-bodied candles. Range Multiplier: Required deviation from average range to qualify as a spike. Zone Reset After N Bars: Automatically clear zone after inactivity. Show Zone: Toggle display of the detected zones. ✅ Use Cases: Spotting possible accumulation/distribution areas. Detecting early signs of large order imbalances. Combining with other confluence tools (OB, VWAP, structure) to improve entry precision.
Pine Script® indicator
by TCMaster
Aggressive Volume Indications + SupertrendVolume Precision: The aggressive volume logic is well-designed to filter for conviction-backed price movement. Using (high - low) * 0.7 as the body filter adds a nice touch to weed out noise. Customizability: The script allows for tunable inputs on both the volume and trend side, which gives flexibility across different instruments or timeframes. Trend Detection Logic: Your use of persistent variables to track supertrend and trendUp adds robustness to the trend-following element. 💡 Suggestions: Optional Signal Confirmation: You could incorporate a confirmation mechanism—like checking if price closes above or below the Supertrend line before plotting the aggressive volume markers. That might help filter out traps during ranging markets. Barcolor or Background Highlighting: For visual clarity, adding barcoloring based on aggressive buying/selling might amplify signal visibility. Entry/Exit Potential: Consider integrating a simple crossover strategy to simulate entries based on these signals—especially since you're already working on a Nifty 50 script with market psychology in mind.
Pine Script® indicator
by m_vinodrufus_stocks
🎯 IKODO Prof Price Action⚔️ IKODO Prof Price Action Indicator "Let the price speak. We just listen." Forget lagging indicators. IKODO Prof is not just another tool – it’s your edge in a market full of noise. Crafted with precision, this indicator: 🔹 Strips away clutter and focuses on pure price movement 🔹 Detects liquidity grabs, fakeouts, and smart money footprints 🔹 Analyzes candle structures, breaker zones, and trend shifts in real-time 🔹 Never lags — because price action never lies Built for traders who understand that: > "Price is the ultimate indicator." Whether you're scalping or swing trading, IKODO Prof keeps you on the right side of the market — the side where institutions play. This isn’t just an indicator. This is a framework, a philosophy, a weapon. > Welcome to the next level. Welcome to IKODO Prof.
Pine Script® indicator
by rozenlot