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Pivot points and levels

CandelaCharts - HTF Sweeps📝 Overview This indicator lets you overlay a higher timeframe (HTF) onto your current chart, giving you a clearer view of broader market movements without switching timeframes. This indicator also detects liquidity sweeps and plots them on both the higher timeframe (HTF) and the current lower timeframe (LTF), helping traders clearly spot potential reversal points. It adds LTF dividers for better structure clarity, making it easier to align with HTF shifts and refine entry timing with greater precision. 📦 Features This indicator identifies price sweeps and their invalidations, helping traders spot potential liquidity grabs and failed breakout attempts. Overlay a configurable higher timeframe (HTF) on the current chart Detects and plots liquidity sweeps on both HTF and LTF Adds lower timeframe (LTF) dividers for improved structure clarity Ideal for ICT-style top-down analysis and precision entries without switching charts ⚙️ Settings Customize the indicator to suit your strategy. Alert options are also available, so you can stay informed when key market events are triggered. Timeframes: Select the higher timeframe (HTF) to overlay on your current chart. HTF Coloring: Customize the color scheme for HTF candles. HTF Offset: Space of HTF Candles and current chart. HTF Size: Adjust the size of HTF candles. HTF Labels: Toggle labels for HTF. LTF H/L Line: Show or hide high/low lines from the lower timeframe. LTF O/C Line: Display open/close lines from the lower timeframe. Sweep: Enable detection and plotting of liquidity sweeps. I-sweep: Toggle invalidated sweep detection. Alerts: Enable Sweep Formation or Invalidation alerts ⚡️ Showcase See the indicator applied in live market scenarios, illustrating how sweep detections and invalidations unfold on various charts. HTF Candles HTF Sweeps LTF Sweeps Invalidated Sweeps 🚨 Alerts This indicator includes built-in alert functionality to keep you informed of key market events in real time. It supports the following customizable alerts on TradingView: Sweep Detection: Notifies you when a price sweep is detected—either a liquidity sweep above recent highs or below recent lows. This can be a strong signal of potential reversals or liquidity grabs by larger market participants. Sweep Invalidation: Alerts you when a previously detected sweep becomes invalidated due to price action moving beyond a defined threshold. This helps traders stay adaptive and avoid acting on outdated signals. These alerts are fully integrated with TradingView’s native alert system, so you can receive notifications via app, email, or pop-up—ensuring you're always up to date, even when you're away from the chart. ⚠️ Disclaimer Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.
Pine Script® indicator
by CandelaCharts
13
Trading session High/Low (Lumiere)Trading session High/Low What it does: Plots the High and Low for each session (Asia, London, New York) as horizontal zones that “snap” to the first true extreme of the session and then extend right. Key points: Snap‑to‑extreme only: Lines don’t draw at the open; they appear only once price makes a new session high or low, and anchor exactly at that bar. Persistent until next session: Once drawn, each session’s lines stay on the chart after the session ends, and are cleared only when that same session next opens (or when you hide it). Three configurable sessions: Asia: 18:00–03:00 (UTC‑4) London: 03:00–09:30 (UTC‑4) New York: 09:30–16:00 (UTC‑4) Customizable appearance: You can toggle each session on/off, choose its color, and set line width. The time that is already set on the different sessions is based on the standard session open/close. If you want to change it, it will refer to the NY time, UTC -4.
Pine Script® indicator
by Lumiere-Stocks
2
Auto-Calculated Pivot Line/Zone (Based on Time Range)Automatically Calculated Pivot Line/Zone Harness the power of precision with this Custom Time Range Average Line indicator—designed to pinpoint key equilibrium and pivot levels within consolidation zones after a breakout. Select any start and end time to capture the critical price action shaping the market structure between swings, and calculate the true average price using your choice of open, close, high, low, or midpoint. Once the defined period concludes, the indicator freezes the average and extends it forward as a clear horizontal ray, acting as a powerful reference for fair value and market balance. This dynamic line shines brightest within consolidation phases, helping traders identify pivot points and equilibrium zones that often serve as magnets for price after a breakout. Customize the line width to suit your style—use a thinner line width input for a precise single average line, or increase the width to visually represent a broader range or zone. Fully adjustable line color and thickness options ensure this tool integrates seamlessly into any chart setup. Elevate your trading edge by visualizing the hidden balance points between market swings—turning consolidation chaos into clear, strategic opportunities!
Pine Script® indicator
by The_Forex_Steward
Round Number Levels ProRound Number Levels Pro is a powerful support and resistance indicator that automatically plots psychological price levels on your chart. What it does: - Displays major round number levels (100, 200, 300, etc.) with prominent lines - Shows mid-level lines (50, 150, 250, etc.) for additional reference points - All lines extend across the entire chart for maximum visibility - Automatically adjusts levels based on current price action Key Features: - Customizable Font Sizes - Large text for main levels, normal for mid-levels - Clean Black Styling - Professional appearance that works on any chart background - Flexible Line Styles - Choose solid, dashed, or dotted lines for main and mid levels - Adjustable Parameters - Control number of levels, rounding increments, and label positioning - Full Chart Extension - Lines extend both directions for complete price reference Perfect for: - Day traders looking for key psychological support/resistance levels - Swing traders identifying major price zones - Any trader who uses round numbers as decision points How to use: Simply add to your chart and the indicator will automatically plot relevant round number levels. Customize the settings to match your trading style and timeframe. These psychological levels are where many traders make decisions, often creating natural support and resistance zones in the market.
Pine Script® indicator
by Turzaluk
Fibonacci retracementHi all! This indicator will show you the most recent Fibonacci retracement in the current trend. So if the trend is bullish the Fibonacci retracement will be drawn from swing low to high and from swing high to low in a bearish trend. The uniqueness in this script lies in the adaptation to trend. To only plot the Fibonacci retracements according to the current market trend. The trend is determined through break of structures (BOS) and change of characters (CHoCH). A change of character can be of type change of character plus (with a failed swing) and will then be shown as CHoCH+. This is possible through my library 'MarketStructure' (). It only uses break of structures and change of characters to be able to determine the trend, if you want a more detailed picture of the market structure you can use my script 'Market structure' (). History and what to look for Fibonacci retracement levels are used by many traders and are levels that are not Fibonacci sequence numbers themselves but they deriver from them. Some examples are: 23,6% - Divide a number by one three places ahead (e.g. 13/55) 38,2% - Divide a number by the one two places ahead (e.g. 21/55) 50% - Not from the Fibonacci sequence, but it's a number that price has reacted from in the past. Markets tend to retrace half a move before continuing 61,8% - The "golden retracement level". It derives from the "golden ratio" and is a core component of the Fibonacci sequence. The further you go in the Fibonacci sequence the preceding number divided by the current number will get closer and closer to this "golden ratio". This level is considered the most important Fibonacci retracement level by many traders 78,6% - Square root of 61.8%. This is often considered a deep correction (but not a trend reversal) and are often used for late entries These levels are considered "key" and most significant. You want to look for a retracement of the price (down in a bullish trend and up in a bearish trend) to give you good entries. Settings For the trend you can set the pivot/swing lengths (right and left) and use the checkbox if you want these pivots to have labels. This can be done in the 'Market strucure' section. In the 'Fibonacci retracement' section there is settings for the actual Fibonacci retracement. You can enable the trendline, set the color and the style of it. You can select which levels that should be shown by the indicator. There are 11 levels enabled by default, they are; 0-4.236. All settings in this section tries to be as similar to the "Fib Retracement" tool in Tradingview. You can also select the style of these lines (solid, dashed or dotted) and if you want them to extend to the right or not. After this you can select if the Fibonacci retracement should be reversed or not, if prices should be displayed, if levels should be displayed and if to show the decimal levels or percentages and lastly the font size of these labels. All defaults are based on the "Fib Retracement" tool by Tradingview. Visualization This indicator aims to be as visually similar to the default ("Fib Retracement") tool here on Tradingview. It will plot the Fibonacci retracement (called Auto Fibonacci/Auto fib) according to the trend from the library 'MarketStrucure'. The big differences from the "Fib Retracement" tool by Tradingview is that it's automatic (that adapts to trend), the market structure is visualized through lines and labels (showing 'BOS' for break of structures and 'CHoCH'/'CHoCH+' for change of characters) and that the labels showing information about the levels are positioned to be highly visible (left if <50% otherwise right if in a bullish trend, vice versa in a bearish trend or if reversed). Don't hesitate if you have any feedback or nice feature suggestions! Best of trading luck!
Pine Script® indicator
by mickes
2
Initial Balance Wave MapThis indicator visualizes the Initial Balance (IB) range for any session, marking the first hour's high and low. It includes optional midpoints, extensions (e.g. 1.5x IB, 2x IB), and customizable time windows. Additional features allow users to display session open, high, low, close, and VWAP reference points. Designed to support price action and session structure analysis, it adapts to various global futures and FX market opens. All display elements are optional and fully configurable. This updated indicator builds upon the open-source foundation by @noop-noop with enhancements and user-facing labels tailored for Auction Market Theory, scalping, and structure-based trade setups. Key updated Featured: Multiple previous day's IB levels carry forward into the current day's chart, as opposed to just the previous day's levels carrying forward to the new IB time. 🙌 Credits: This script builds upon the excellent open-source work by @noop-noop. Original script available here .
Pine Script® indicator
by traderdrysdale
1
Inflection PointInflection Point - The Adaptive Confluence Reversal Engine This is not just another peak and valley indicator; it is a complete and total reimagining of how market turning points are detected, qualified, and acted upon. Born from the foundational concepts explored in systems like my earlier creation, DAFE - Turning Point, Inflection Point is a ground-up engineering feat designed for the modern trader. It moves beyond static rules and simple pattern recognition into the realm of dynamic, multi-factor confluence analysis and adaptive machine learning. Where other indicators provide a guess, Inflection Point provides a probability. It meticulously analyzes the market's deepest currents—momentum, exhaustion, and reversal velocity—and fuses them into a single, unified "Confluence Score." This is not a simple combination of indicators; it is an intelligent, weighted system where each component works in concert, creating an analytical engine that is orders of magnitude more sophisticated and reliable than any standard reversal tool. Furthermore, Inflection Point learns. Through its advanced Adaptive Learning Engine, it constantly monitors its own performance, adjusting its confidence and selectivity in real-time based on its recent success rate. This allows it to adapt its behavior to any security, on any timeframe, with remarkable success. Theoretical Foundation - Confluence Core Inflection Point's predictive power does not come from a single, magical formula. It comes from the intelligent synthesis of three critical market phenomena, weighted and scored in real-time to generate a single, high-conviction probability rating. 1. Factor One: Pre-Reversal Momentum State (RSI Analysis) Instead of reacting to a simple RSI cross, Inflection Point proactively scans for the build-up of momentum that precedes a reversal. • Formulaic Concept: It measures the highest RSI value over a lookback period for peaks and the lowest RSI for valleys. A signal is only considered valid if significant momentum has been established before the turn, indicating a stretched market condition ripe for reversal. • Asymmetric Sophistication: The engine uses different, optimized thresholds for bull and bear momentum, recognizing that markets often fall faster than they rise. 2. Factor Two: Volatility Exhaustion (Bollinger Band Analysis) A true reversal often occurs when price makes a final, exhaustive push into unsustainable territory. • Formulaic Concept: The engine detects when price has significantly pierced the outer Bollinger Bands. This is not just a touch, but a statistical deviation from the mean that signals volatility exhaustion, where the energy for the current move is likely depleted. 3. Factor Three: Reversal Strength (Rate of Change Analysis) The character of a reversal matters. A sharp, decisive turn is more significant than a slow, meandering one. • Formulaic Concept: Using a short-term Rate of Change (ROC), the engine measures the velocity of the reversal itself. A higher ROC score adds significant weight to the final probability, confirming that the new direction has conviction. 4. The Final Calculation: The Adaptive Learning Engine This is the system's "brain." It maintains a history of its past signals and calculates its real-time win rate. This hitRate is then used to generate an adaptiveMultiplier. • Self-Correction: In "Quality Control" mode, a high win rate makes the indicator more selective, demanding a higher probability score to issue a signal, thereby protecting streaks. A lower win rate makes it slightly less selective to ensure it continues learning from new market conditions. • The result is a system that is not static, but a living, breathing tool that adapts its personality to the unique rhythm of any chart. Why Inflection Point is a Paradigm Shift Inflection Point is fundamentally different from other reversal indicators for three key reasons: Confluence Over Isolation: Standard indicators look at one thing (e.g., RSI > 70). Inflection Point simultaneously analyzes momentum, volatility, and velocity, understanding that true reversals are a product of multiple converging factors. It answers not just "if," but "why" a reversal is likely. Probabilistic Over Binary: Other tools give you a simple "yes" or "no." Inflection Point provides a probability score from 0-100, allowing you to gauge the conviction of every potential signal. This empowers you to differentiate between a weak setup and an A+ opportunity. Adaptive Over Static: Every other indicator uses the same rules forever. Inflection Point's Adaptive Engine means it is constantly refining its own logic based on what is actually working in the current market, on the specific asset you are trading. It is tailored to the now. The Inputs Menu - Your Command Center Every setting is a lever of control, allowing you to tune the engine to your precise trading style and market focus. 🧠 Neural Core Engine Analysis Depth: This is the primary lookback for the Bollinger Band and other core calculations. A shorter depth makes the indicator faster and more sensitive, ideal for scalping. A longer depth makes it slower and more stable, ideal for swing trading. Minimum Probability %: This is your master signal filter. It sets the minimum Confluence Score required to plot a signal. Higher values (85-95) will give you only the highest-conviction A+ setups. Lower values (70-80) will show more potential opportunities. 🤖 Adaptive Neural Learning Enable Adaptive Learning Engine: Toggles the entire learning system. Disabling it will make the indicator's logic static. Peak/Valley Success Threshold (ATR): This defines what constitutes a "successful" trade for the learning engine. A value of 1.5 means price must move 1.5x the ATR in your favor for the signal to be marked as a win. Adjust this to match your personal take-profit strategy. Adaptive Mode: This dictates how the engine uses its hitRate. "Quality Control" is recommended for its intelligent filtering. "Aggressive" will always boost signal scores, useful for finding more setups in a known, trending environment. Asymmetric Balance: Allows you to apply a "boost" to either peak (short) or valley (long) signals. If you find the market you're trading has stronger long reversals, you can increase the "Valley Signal Boost" to catch them more effectively. 🛡️ Elite Filters Market Noise Filter: An exceptional tool for avoiding choppy markets. It counts the number of directional changes in the last 5 bars. If the market is whipping back and forth too much, it will block the signal. Lower the "Max Direction Changes" to be extremely selective. Volume Filter: Requires signal confirmation from a significant volume spike. The "Volume Multiplier" dictates how large this spike must be (e.g., 1.2 = 20% above average volume). This is invaluable for filtering out low-conviction moves in stocks and crypto. The Dashboard - Your Analytical Co-Pilot The dashboard is not just a set of numbers; it is a holistic overview of the market's health and the engine's current state. Unified AI Score: This section provides the most critical, at-a-glance information. "Total Score" is the current probability reading, while "Quality" gives you a human-readable interpretation. "Win Rate" shows the real-time performance of the Adaptive Engine. Order Flow (OFPI): This measures the "weight" of money behind recent price moves by analyzing price change relative to volume. A high positive OFPI suggests strong buying pressure, while a high negative value suggests strong selling pressure. It gives you a peek into the market's underlying flow. Component Analysis: This allows you to see the individual "Peak" and "Valley" confidence scores before they are filtered, giving you insight into building momentum before a signal forms. Market Structure: This panel assesses the broader environment. "HTF Trend" tells you the direction of the larger trend (based on EMAs), while "Vol Regime" tells you if the market is in a high, medium, or low volatility state. Use this to align your signals with the broader market context. Filter & Engine Statistics: Available on the "Large" dashboard, this provides deep insight into how many signals are being blocked by your filters and the current status of the Adaptive Engine's multiplier. The Visual Interface - A Symphony of Data Every visual element on the chart is designed for instant interpretation and insight. Signal Markers: Simple, clean triangles mark the exact bar of a valid signal. A box is drawn around the high/low of the signal bar to highlight the precise point of inflection. Dynamic Support/Resistance Zones: These are the glowing lines on your chart. They are not static lines; they are dynamic levels that represent the current battlefield between buyers and sellers. Cyber Cyan (Valley Blue): This is the current Support Zone. This is the price level the market is currently trying to defend. Neural Pink (Peak Red): This is the current Resistance Zone. This is the price level the market is currently trying to break through. Grey (Next Level): This line is a projection, based on the current momentum and the size of the S/R range, of where the next major level of conflict will likely be. It acts as a potential price target. Development & Philosophy Inflection Point was not assembled; it was engineered. It represents hundreds of hours of research into market dynamics, statistical analysis, and machine learning principles. The goal was to create a tool that moves beyond the limitations of traditional technical analysis, which often fails in modern, algorithm-driven markets. By building a system based on multi-factor confluence and self-adaptive logic, Inflection Point provides a quantifiable, statistical edge that is simply unattainable with simpler tools. This is the result of a relentless pursuit of a better, more intelligent way to trade. Universal Applicability The principles of momentum, exhaustion, and velocity are universal to all freely traded markets. Because of its adaptive core and robust filtering options, Inflection Point has proven to be exceptionally effective on any security (stocks, crypto, forex, indices, futures) and on any timeframe (from 1-minute scalping charts to daily swing trading charts). " Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected. " — George Soros Trade with insight. Trade with anticipation. — Dskyz, for DAFE Trading Systems
Pine Script® indicator
by DskyzInvestments
17
Pivot Channel LevelsPivot Channel Levels Indicator Description “Pivot Channel Levels” is an advanced technical analysis tool that identifies key price pivots (highs and lows) and creates dynamic support and resistance levels based on the wicks of candles at these points (or bodies if wicks are minimal). The indicator analyzes the volume at the time of a pivot’s formation, displaying its value and percentage change relative to the volume’s simple moving average (SMA). It does not generate buy/sell signals but provides a clear visualization of market structure, helping traders identify potential price reaction zones and assess the strength of market movements. Why Are Wicks Important? Candle wicks at price pivots indicate significant market reactions in key areas. Depending on the context, they may signal rejection, testing, or absorption of a support or resistance level. Long wicks often appear where large players are active, and the marked zones are frequently retested. The indicator allows for quick identification and observation of their impact on future price action. Why Use It? - Precise Support and Resistance Levels: The indicator draws price channels based on candle wicks at pivots (or bodies if wicks are absent), enabling better identification of zones where price may react. - Volume Analysis: It shows how the volume at a pivot differs from the average, indicating potential activity by large players or key market moments. - Visual Clarity: Colored lines, channel fills, and clear labels facilitate quick chart analysis, even on short timeframes. - Flexibility: Adjustable pivot length, volume average, and label colors allow customization to various trading strategies. How It Works - Pivot Detection: Automatically identifies local highs and lows based on the “Pivot Length” parameter (default: 20 candles). This means a pivot appears on the chart with a 20-candle delay. Reducing this value allows faster pivot detection (after fewer candles), increasing their number but potentially generating more noise. - Channel Creation: Draws support and resistance levels based on the wicks of candles at pivot points (or bodies if wicks are minimal) with a delay to confirm zones. A pivot channel is drawn until the next pivot is identified, but if not previously broken, it remains valid as active support or resistance. - Volume Analysis: Displays the volume at the pivot’s formation and its percentage change relative to the volume’s SMA. - Visualization: Pivot and channel levels are shown as lines with fills, and labels display volume and its deviation from the average. Trading Applications - Swing Trading: Use pivot levels and channels to identify price reversal points or consolidation zones. - Scalping: Monitor price reactions to channels on short timeframes, especially with high volume. - Faster Pivot Identification: Switch to a lower timeframe (e.g., from H1 to M15) to identify pivots more quickly, allowing earlier reactions to price changes. - Market Context Analysis: High volume at pivots may indicate significant levels likely to be retested. - Combining with Other Tools: The indicator pairs well with Fibonacci retracement, supply/demand zones, or oscillators like RSI. Settings and Customization - Pivot Length: Determines how many candles back and forward are analyzed to detect pivots (default: 20). A smaller value increases sensitivity, a larger one enhances stability. - Volume Average: Length of the SMA for volume (default: 20). Adjust to better reflect market characteristics. - Label Colors: Choose colors for bullish and bearish pivot labels to match your chart style. Usage Examples - Identifying Key Zones: If the price approaches a pivot level with high volume (e.g., +50% relative to SMA), it may signal strong support or resistance. - Breakout Confirmation: A channel breakout with high volume can indicate trend continuation. - Price Reaction Analysis: Long wicks at pivots with high volume may signal level rejection by large players. Notes for Users - The indicator performs best on highly liquid markets (e.g., Forex, indices, cryptocurrencies). - On short timeframes (e.g., M1, M5), it may generate more noise—adjust “Pivot Length” to suit your needs. - Consider combining with other indicators to confirm signals derived from pivot and volume analysis.
Pine Script® indicator
by Uncle_the_shooter
6
Fibonacci Retracement levels Automatically D/W/MIndicator Description: Fibonacci Retracement levels Automatically Fibonacci retracement levels based on the day, week, month High Low range and Fibonacci retracement levels draws automatically .This Pine Script indicator is designed to plot Fibonacci retracement levels based on the high and low prices of a user-selected timeframe (Daily, Weekly, or Monthly). It identifies bullish or bearish candles in the chosen timeframe, draws key price levels, and overlays Fibonacci retracement lines and semi-transparent colored boxes to highlight potential support and resistance zones. The indicator dynamically updates with each new period and extends lines, labels, and boxes to the current bar for real-time visualization. Key Features 1. Timeframe Selection: Users can choose the timeframe for analysis: Daily, Weekly, or Monthly via an input dropdown. The indicator retrieves the open, high, low, and close prices for the selected timeframe using `request.security`. 2. High and Low Tracking : Tracks the highest high and lowest low within the selected timeframe. Stores these values and their corresponding bar indices in arrays (`whigh`, `wlow`, `whighIdx`,`wlowIdx`). Limits the array size to the most recent period to optimize performance. 3. Bullish and Bearish Candle Detection : Identifies whether the previous period’s candle is bullish (`close > open`) or bearish (`close < open`). Uses this to determine the direction for Fibonacci retracement calculations. Bullish candle: Fibonacci levels are drawn from low to high Bearish candle: Fibonacci levels are drawn from high to low 4. Fibonacci Retracement Levels : Plots Fibonacci levels at 0.236, 0.382, 0.5, 0.618, and 0.786 between the high and low of the period. For bullish candles, levels are calculated from the low (support) to the high (resistance). For bearish candles, levels are calculated from the high (resistance) to the low (support). Each Fibonacci level is drawn as a horizontal line with a unique color: - 0.236: Blue - 0.382: Purple - 0.5: Yellow - 0.618: Teal - 0.786: Fuchsia 5. Visual Elements: - High/Low Lines and Labels: Draws a red line and label for the previous period’s high. Draws a green line and label for the previous period’s low. Fibonacci Lines and Labels: Each Fibonacci level has a horizontal line and a label displaying the ratio. Colored Boxes: Semi-transparent boxes are drawn between consecutive Fibonacci levels (including high and low) to highlight zones. 6. Dynamic Updates: - At the start of a new period (e.g., new week for Weekly timeframe), the indicator: - Clears previous Fibonacci lines, labels, and boxes. - Recalculates the high and low for the new period. - Redraws lines, labels, and boxes based on the new data. - Extends all lines, labels, and boxes to the current bar index for real-time tracking. 7. Performance Optimization: - Deletes old lines, labels, and boxes to prevent clutter. - Limits the storage of highs and lows to the most recent period. How It Works 1. Initialization: Defines variables for tracking bullish/bearish candles, lines, labels, and arrays for Fibonacci levels and boxes. Sets up color arrays for Fibonacci lines and boxes with distinct, semi-transparent colors. 2. Data Collection: Fetches the previous period’s OHLC (open, high, low, close) using `request.security`. Detects new periods (e.g., new week or month) using `ta.change(time(tf))`. 3. Fibonacci Calculation: On a new period, stores the high and low prices and their bar indices. - Identifies the maximum high and minimum low from the stored data. - Calculates Fibonacci levels based on the range (`maxHigh - minLow`) and the direction (bullish or bearish). 4. Drawing: - Draws high/low lines and labels at the identified price levels. Plots Fibonacci retracement lines and labels for each ratio. Creates semi-transparent boxes between Fibonacci levels to visually distinguish zones. 5. Updates: - Extends all lines, labels, and boxes to the current bar index when a new period is detected. Clears old Fibonacci elements to avoid overlap and ensure clarity. Usage - Purpose: This indicator is useful for traders who use Fibonacci retracement levels to identify potential support and resistance zones in financial markets. - Application: - Select the desired timeframe (Daily, Weekly, Monthly) via the input settings. - The indicator automatically plots the previous period’s high/low and Fibonacci levels on the chart. - Use the labeled Fibonacci levels and colored boxes to identify key price zones for trading decisions. - Customization: - Modify the `timeframe` input to switch between Daily, Weekly, or Monthly analysis. - Adjust the `fibLineColors` and `fibFillColors` arrays to change the visual appearance of lines and boxes. - The indicator is designed for use on TradingView with Pine Script. - The maximum array size for highs/lows is limited to 1 period in this version (can be adjusted by modifying the `array.shift` logic). - The indicator dynamically updates with each new period, ensuring real-time relevance. This indicator make educational purpose use only
Pine Script® indicator
by Trend_MyFrend
4
Previous Day OHLC# Previous Day OHLC Levels Indicator ## Overview The Previous Day OHLC indicator is a simple yet powerful tool that plots the Open, High, Low, and Close levels from previous trading sessions. This indicator helps traders identify key support and resistance levels based on historical price action, making it easier to spot potential reversal zones and breakout levels. ## Key Features ### 📊 **Previous Day OHLC Levels** - Displays the Open, High, Low, and Close prices from 1-5 days ago - Lines automatically extend to the right for easy visualization - Updates daily to show the most relevant levels ### 🎨 **Fully Customizable Styling** - **Individual Line Colors**: Choose unique colors for each OHLC level - **Line Styles**: Select from Solid, Dashed, or Dotted lines for each level - **Line Width**: Adjust thickness from 1-4 pixels for better visibility - **Price Labels**: Display actual price values on each line with customizable sizing ### ⚙️ **Flexible Settings** - **Lookback Period**: Choose to display levels from 1-5 days ago (maximum safety limit) - **Label Control**: Toggle price labels on/off and adjust their size - **Performance Optimized**: Clean code that won't slow down your charts ## How to Use 1. **Add to Chart**: Apply the indicator to any timeframe chart 2. **Customize Settings**: Adjust colors, styles, and lookback period to your preference 3. **Identify Levels**: Use the plotted lines as potential support/resistance zones 4. **Trade Setup**: Look for price reactions at these key levels for entry/exit signals ## Best Practices - **Day Trading**: Use 1-day lookback for intraday support/resistance - **Swing Trading**: Extend lookback to 2-5 days for broader context - **Multi-Timeframe**: Combine with other timeframe analysis for confirmation - **Risk Management**: Use these levels for stop-loss and take-profit placement ## Color Coding (Default) - **Open**: Blue - Starting price of the previous session - **High**: Green - Highest price reached - **Low**: Red - Lowest price reached - **Close**: Orange - Final price of the session ## Why This Indicator Works Previous day OHLC levels are among the most watched price points by professional traders. These levels often act as: - **Support/Resistance**: Price tends to react at these historical levels - **Breakout Confirmation**: Strong moves beyond these levels can signal trend continuation - **Reversal Zones**: Price often bounces from these key levels - **Psychological Levels**: Market participants remember these important price points ## Technical Specifications - **Pine Script Version**: v6 - **Overlay**: Yes (plots directly on price chart) - **Performance**: Optimized for smooth chart operation - **Compatibility**: Works on all timeframes and instruments Perfect for traders of all experience levels who want to incorporate previous day levels into their technical analysis toolkit!
Pine Script® indicator
by IndicatorCraft
Fair Value Gap Profiles [AlgoAlpha]🟠 OVERVIEW This script draws and manages Fair Value Gap (FVG) zones by detecting unfilled gaps in price action and then augmenting them with intra-gap volume profiles from a lower timeframe. It is designed to help traders find potential areas where price may return to fill liquidity voids, and to provide extra detail about volume distribution inside each gap to assess strength and likely mitigation. The script automatically tracks each gap, updates its state over time, and can show which gaps are still unfilled or have been mitigated. 🟠 CONCEPTS A Fair Value Gap is a zone between candles where no trades occurred, often seen as an inefficiency that price later revisits. The script checks each bar to see if a bullish (low above 2-bars-ago high) or bearish (high below 2-bars-ago low) gap has formed, and measures whether the gap’s size exceeds a threshold defined by a volatility-adjusted multiplier of past gap widths (to only detect significantly large gaps). Once a qualified gap is found, it gets recorded and visualized with a box that can stretch forward in time until filled. To add more context, a mini volume profile is built from a lower timeframe’s price and volume data, showing how volume is distributed inside the gap. The lowest-volume subzone is also highlighted using a sliding window scan method to visualise the true gap (area with least trading activity) 🟠 FEATURES Visual gap boxes that appear automatically when bullish or bearish fair value gaps are detected on the chart. Color-coded zones showing bullish gaps in one color and bearish gaps in another so you can easily see which side the gap favors. Volume profile histograms plotted inside each gap using data from a lower timeframe, helping you see where volume concentrated inside the gap area. Highlight of the lowest-volume subzone within each gap so you can spot areas price may target when filling the gap. Dynamic extension of the gap boxes across the chart until price comes back and fills them, marking them as mitigated. Customizable colors and transparency settings for gap boxes, profiles, and low-volume highlights to match your chart style. Alerts that notify you when a new gap is created or when price fills an existing gap. 🟠 USAGE This indicator helps you find and track unfilled price gaps that often act as magnets for price to revisit. You can use it to spot areas where liquidity may rest and plan entries or exits around these zones. The colored gap boxes show you exactly where a fair value gap starts and ends, so you can anticipate potential pullbacks or continuations when price approaches them. The intra-gap volume profile lets you gauge whether the gap was created on strong or thin participation, which can help judge how likely it is to be filled. The highlighted lowest-volume subzone shows where price might accelerate once inside the gap. Traders often look for entries when price returns to a gap, aiming for a reaction or reversal in that area. You can also combine the mitigation alerts with your trade management to track when gaps have been closed and adjust your bias accordingly. Overall, the tool gives a clear visual reference for imbalance zones that can help structure trades around supply and demand dynamics.
Pine Script® indicator
by AlgoAlpha
8
Pullback Pro Dow Strategy v7 (ADX Filter) ### **Strategy Description (For TradingView)** #### **Title:** Pullback Pro: Dow Theory & ADX Strategy --- #### **1. Summary** This strategy is designed to identify and trade pullbacks within an established trend, based on the core principles of Dow Theory. It uses market structure (pivot highs and lows) to determine the trend direction and an Exponential Moving Average (EMA) to pinpoint pullback entry opportunities. To enhance trade quality and avoid ranging markets, an ADX (Average Directional Index) filter is integrated to ensure that entries are only taken when the trend has sufficient momentum. --- #### **2. Core Logic: How It Works** The strategy's logic is broken down into three main steps: **Step 1: Trend Determination (Dow Theory)** * The primary trend is identified by analyzing recent pivot points. * An **Uptrend** is confirmed when the script detects a pattern of higher highs and higher lows (HH/HL). * A **Downtrend** is confirmed by a pattern of lower highs and lower lows (LH/LL). * If neither pattern is present, the strategy considers the market to be in a range and will not seek trades. **Step 2: Entry Signal (Pullback to EMA)** * Once a clear trend is established, the strategy waits for a price correction. * **Long Entry:** In a confirmed uptrend, a long position is initiated when the price pulls back and crosses *under* the specified EMA. * **Short Entry:** In a confirmed downtrend, a short position is initiated when the price rallies and crosses *over* the EMA. **Step 3: Confirmation & Risk Management** * **ADX Filter:** To ensure the trend is strong enough to trade, an entry signal is only validated if the ADX value is above a user-defined threshold (e.g., 25). This helps filter out weak signals during choppy or consolidating markets. * **Stop Loss:** The initial Stop Loss is automatically and logically placed at the last market structure point: * For long trades, it's placed at the `lastPivotLow`. * For short trades, it's placed at the `lastPivotHigh`. * **Take Profit:** Two Take Profit levels are calculated based on user-defined Risk-to-Reward (R:R) ratios. The strategy allows for partial profit-taking at the first target (TP1), moving the remainder of the position to the second target (TP2). --- #### **3. Input Settings Explained** **① Dow Theory Settings** * **Pivot Lookback Period:** Determines the sensitivity for detecting pivot highs and lows. A smaller number makes it more sensitive to recent price swings; a larger number focuses on more significant, longer-term pivots. **② Entry Logic (Pullback)** * **Pullback EMA Length:** Sets the period for the Exponential Moving Average used to identify pullback entries. **③ Risk & Exit Management** * **Take Profit 1 R:R:** Sets the Risk-to-Reward ratio for the first take-profit target. * **Take Profit 1 (%):** The percentage of the position to be closed when TP1 is hit. * **Take Profit 2 R:R:** Sets the Risk-to-Reward ratio for the final take-profit target. **④ Filters** * **Use ADX Trend Filter:** A master switch to enable or disable the ADX filter. * **ADX Length:** The lookback period for the ADX calculation. * **ADX Threshold:** The minimum ADX value required to confirm a trade signal. Trades will only be placed if the ADX is above this level. --- #### **4. Best Practices & Recommendations** * This is a trend-following system. It is designed to perform best in markets that exhibit clear, sustained trending behavior. * It may underperform in choppy, sideways, or strongly ranging markets. The ADX filter is designed to help mitigate this, but no filter is perfect. * **Crucially, you must backtest this strategy thoroughly** on your preferred financial instrument and timeframe before considering any live application. * Experiment with the `Pivot Lookback Period`, `Pullback EMA Length`, and `ADX Threshold` to optimize performance for a specific market's characteristics. --- #### **DISCLAIMER** This script is provided for educational and informational purposes only. It does not constitute financial advice. All trading involves a high level of risk, and past performance is not indicative of future results. You are solely responsible for your own trading decisions. The author assumes no liability for any financial losses you may incur from using this strategy. Always conduct your own research and due diligence.
Pine Script® strategy
by Salaryman_G
Contrarian Market Structure BreakMarket Structure Break application was inspired and adapted from Market Structure Oscillator indicator developed by Lux Algo. So much credit to their work. This indicator pairs nicely with the Contrarian 100 MA and can be located here: Indicator Description: Contrarian Market Structure BreakOverview The "Contrarian Market Structure Break" indicator is a versatile tool tailored for traders seeking to identify potential reversal opportunities by analyzing market structure across multiple timeframes. Built on Institutional Concepts of Structure (ICT), this indicator detects Break of Structure (BOS) and Change of Character (CHoCH) patterns across short-term, intermediate-term, and long-term swings, plotting them with customizable lines and labels. It generates contrarian buy and sell signals when price breaks key swing levels, with a unique "Blue Dot Tracker" to monitor consecutive buy signals for trend confirmation. Optimized for the daily timeframe, this indicator is adaptable to other timeframes with proper testing, making it ideal for traders of forex, stocks, or cryptocurrencies. How It Works The indicator combines three key components to provide a comprehensive view of market dynamics: Multi-Timeframe Market Structure Analysis: It identifies swing highs and lows across short-term, intermediate-term, and long-term periods, plotting BOS (continuation) and CHoCH (reversal) events with customizable line styles and labels. Contrarian Signal Generation: Buy and sell signals are triggered when the price crosses below swing lows (buy) or above swing highs (sell), indicating potential reversals in overextended markets. Blue Dot Tracker: A unique feature that counts consecutive buy signals ("blue dots") and highlights a "Hold Investment" state with a yellow background when three or more buy signals occur, suggesting a potential trend continuation. Signals are visualized as small circles below (buy) or above (sell) price bars, and a table in the bottom-right corner displays the blue dot count and recommended action (Hold or Flip Investment), enhancing decision-making clarity. Mathematical Concepts Swing Detection: The indicator identifies swing highs and lows by comparing price patterns over three bars, ensuring robust detection of pivot points. A swing high occurs when the middle bar’s high is higher than the surrounding bars, and a swing low occurs when the middle bar’s low is lower. Market Structure Logic: BOS is detected when the price breaks a prior swing high (bullish) or low (bearish) in the direction of the current trend, while CHoCH signals a potential reversal when the price breaks a swing level against the trend. These are calculated across three timeframes for a multi-dimensional perspective. Blue Dot Tracker: This feature counts consecutive buy signals and tracks the entry price. If three or more buy signals occur without a sell signal, the indicator enters a "Hold Investment" state, marked by a yellow background, until the price exceeds the entry price or a sell signal occurs. Entry and Exit Rules Buy Signal (Blue Dot Below Bar): Triggered when the closing price crosses below a swing low on either the intermediate-term or long-term timeframe, suggesting an oversold condition and potential reversal upward. Short-term signals can be enabled but are disabled by default to reduce noise. Sell Signal (White Dot Above Bar): Triggered when the closing price crosses above a swing high on either the intermediate-term or long-term timeframe, indicating an overbought condition and potential reversal downward. Blue Dot Tracker Logic: After a buy signal, the indicator increments a blue dot counter and records the entry price. If three or more consecutive buy signals occur (blueDotCount ≥ 3), the indicator enters a "Hold Investment" state, highlighted with a yellow background, suggesting a potential trend continuation. The "Hold Investment" state ends when the price exceeds the entry price or a sell signal occurs, resetting the counter. Exit Rules: Traders can exit buy positions when a sell signal appears, the price exceeds the entry price during a "Hold Investment" state, or based on additional confirmation from BOS/CHoCH patterns or other technical analysis tools. Always use proper risk management. Recommended Usage The indicator is optimized for the daily timeframe, where it effectively captures significant reversal and continuation patterns in trending or ranging markets. It can be adapted to other timeframes (e.g., 1H, 4H, 15M) with careful testing of settings, particularly enabling/disabling short-term structure analysis to suit market conditions. Backtesting is recommended to optimize performance for your chosen asset and timeframe. Customization Options Market Structure Display: Toggle short-term, intermediate-term, and long-term structures on or off, with customizable line styles (solid, dashed, dotted) and colors for bullish and bearish breaks. Labels: Enable or disable BOS/CHoCH labels for each timeframe to reduce chart clutter. Signal Visibility: Hide buy/sell signals if desired for a cleaner chart. Blue Dot Tracker: Monitor the blue dot count and action (Hold or Flip Investment) via the table display, which is fully customizable in terms of position and appearance. Why Use This Indicator? The "Contrarian Market Structure Break" indicator offers a robust framework for identifying high-probability reversal and continuation setups using ICT principles. Its multi-timeframe analysis, clear signal visualization, and innovative Blue Dot Tracker provide traders with actionable insights into market dynamics. Whether you're a swing trader or a day trader, this indicator’s flexibility and intuitive design make it a valuable addition to your trading arsenal. Note for TradingView Moderators This script complies with TradingView's House Rules by providing an educational and transparent description without performance claims or guarantees. It is designed to assist traders in technical analysis and should be used alongside proper risk management and personal research. The code is original, well-documented, and includes customizable inputs and clear visual outputs to enhance the user experience. Tips for Users: Backtest thoroughly on your chosen asset and timeframe to validate signal reliability. Combine with other indicators or price action analysis for confirmation of entries and exits. Adjust timeframe settings and enable/disable short-term structures to match market volatility and your trading style. Hope the "Contrarian Market Structure Break" indicator enhances your trading strategy and helps you navigate the markets with confidence! Happy trading!
Pine Script® indicator
by chuckaschultz
Aggregated VolumeHow to Read the “Aggregated Volume” Signal This indicator combines normalized volume, short-term volume bursts, pivot levels, VWAP, and a 200-period EMA to give you a multi-dimensional view of trading activity. Here’s how to interpret each component and synthesize them into actionable insights. 1. Custom Volume Signal (vSignal) • Calculation • vSignal = Sum of over bars, divided by the current price. • A rising vSignal means more volume is being traded per unit of price, signaling growing interest relative to price level. • Plot styling • Bars are lime when (bullish volume days) • Bars are orange when (bearish volume days) How to read it • Trend confirmation: Increasing lime bars alongside rising price suggests buyers in control. • Warning sign: Rising orange bars on a down move indicate accelerating selling pressure. • Divergence: • Price making new highs while vSignal stalls or drops → potential top. • Price making new lows while vSignal holds → potential bottom. 2. Short-Term Volume Bursts Three semi-transparent histograms show how much the last 2, 5, and 10-bar raw volumes exceed (or fall below) the current vSignal: • Blue = vol(2) – vSignal • Green = vol(5) – vSignal • Red = vol(10) – vSignal If a colored bar sits above zero, that lookback’s volume is surging relative to the longer-term average (vSignal). How to read it • Clustered bursts: • Blue + Green + Red above zero → strong, broad-based volume surge. • Great for confirming breakouts and shakeouts. • Isolated burst: • Only Blue (> 0) on a small range bar → might be a false breakout or intrabar squeeze. • Only Red (> 0) on a wide range → institutional involvement; act with caution. 3. Pivot Volume Levels (v & t) • Every 21 bars, the script finds the highest and lowest vSignal values and plots them as shaded price levels: • Magenta area = recent vSignal high (resistance) • Cyan area = recent vSignal low (support) How to read it • Rejection/Break: • Price approaches magenta zone and stalls → sellers defending that volume high. • Break above magenta with high vSignal → likely sustained rally. • Support flip: • Cyan zone hold → buyers stepping in at heavy-volume lows. • Break below cyan with rising vSignal → bearish conviction. 4. Midline Cross (Volume Equilibrium) • A 10-bar SMA of • Drawn as a faint white cross on price How to read it • Above midline → overall volume bias is skewed bullish. • Below midline → bearish volume bias. Crossovers of vSignal through this midline can signal shifts in underlying conviction. 5. VWAP & 200-Period EMA Overlays • VWAP (transparent red if above price, green if below) • EMA(200) plotted as aqua circles How to read them • VWAP tells you the intraday “value area.” • Price above VWAP + rising vSignal = intraday buyers in charge. • Price below VWAP + rising vSignal = aggressive sellers. • EMA(200) gives you the longer-term trend. • Above EMA200 = bullish regime • Below EMA200 = bearish regime 6. Putting It All Together: Example Scenarios 1. Bullish Entry • Price > EMA200 & VWAP is green • vSignal rising in lime • All three short-term bursts above zero • Price near or breaking the magenta pivot with volume confirmation 2. Bearish Entry • Price < EMA200 & VWAP is red • vSignal rising in orange • Two-bar burst (blue) spikes on a down bar • Price failing at magenta pivot or breaking cyan support 3. Divergence Play • Price makes new high, but vSignal peaks lower than last high → look for a reversal. • Price drops to new low, but vSignal stays above its last low → prepare for a bounce. By combining these layers—normalized volume, burst indicators, pivot levels, VWAP, and EMA—you get a clear map of where volume is clustering, which lets you anticipate support/resistance, gauge real interest, and spot potential reversals or breakouts with greater confidence.
Pine Script® indicator
by ximi-imibitty
Auto LevelsSimple auto level tracker that automatically detects and plots the high/low for the current week, day, and month, as well as the previous week/day/month. Includes a built-in dashboard that shows how close or far price is from each level, along with directional guidance (above/below). The closest level to current price is automatically highlighted for quick awareness. Everything is fully toggleable to only show the levels and info that is needed.
Pine Script® indicator
by AresIQ
8
Price Ranged FVG📌 Price Ranged FVG Is a clean and efficient tool designed to detect Fair Value Gaps (FVGs) with adjustable filters and structural context. It’s especially useful for traders looking to filter out insignificant gaps and focus on high-probability areas, particularly around swing breaks or structural shifts. 🧠 What is a Fair Value Gap (FVG)? A Fair Value Gap appears when there’s a price imbalance between candles — typically after a strong move — where the market skips over certain price levels without trading there. These zones can act as potential areas for price to return to (mean reversion), or serve as support/resistance depending on market structure. 🔍 FVG Detection Types You can choose between three different detection modes under the "FVG Detection" input: Same Type: Only detects FVGs where the last 3 candles are in the same direction (all bullish or all bearish). All: Detects any FVG, regardless of candle direction. Twin Close: Detects FVGs only when the last two candles are in the same direction and close accordingly — offering a stricter confirmation. 🎯 FVG % Filters To filter out noise or insignificant gaps, this indicator includes: Minimum FVG % Filter: Ignores FVGs smaller than your specified percentage of the current close. Maximum FVG % Filter: Ignores overly large gaps that may be unreliable or caused by anomalies. These filters help focus on relevant FVGs that are more likely to act as reaction zones. 🏛 Structural Context (Swing Highs and Lows) The indicator plots swing highs and swing lows with dots to provide structure-based context: Set Swing Strength to 3 for detecting internal structure (shorter-term moves). Use a higher setting like 5 to focus on external structure (more significant highs/lows). These levels can help you determine whether an FVG is forming within a consolidation, breakout, or key structural transition. ✅ Use Case (My Personal Workflow) I personally use this indicator to: Filter out weak or irrelevant FVGs using the % filters. Watch for price interaction at swing breaks — especially when an FVG aligns with a break in internal or external structure. Refine entry and exit planning in confluence with other tools or strategies. ⚠️ Disclaimer This indicator is not financial advice. It is a technical analysis tool intended to support your own decision-making process. Always do your own research and risk management.
Pine Script® indicator
by NovaTradeStar
4
Golden Pocket Syndicate [GPS]Golden Pocket Syndicate is a multi-layered market analysis toolkit built for precision entries and sniper-style reversals in both trending and ranging conditions. The script fuses volume dynamics, golden pocket structures, market maker behavior, and liquidation cluster tracking into one high-confluence system. Core Features: • 📐 Golden Pocket Zones: Dynamic GP levels from daily, weekly, monthly, and yearly timeframes. These levels update in real-time and serve as confluence zones for entries and exits. • 📊 WaveTrend Divergence Diamonds: Momentum shifts are detected using a custom filtered WaveTrend cross system to mark high-probability reversal conditions. • 🧠 Market Maker Premium Divergence: Tracks price dislocation between CME and Binance to detect large player manipulation using a configurable premium threshold. • 💎 MM Reversal Diamonds: Identifies potential market maker traps and large player pivots using historical candle behavior, EMA alignment, and price structure breaks. • 📉 Stealth Liquidation Cluster Arrows: Volume-based liquidation pressure visualized as lightweight directional arrows based on calculated wick expansion and volume bursts. Highlights key zones where price is likely to bounce or reject. • 🧭 Trend Validation: Uses volume-based trend conditions and short-term EMA positioning to further qualify signals and eliminate noise. How to Use: This indicator is designed to help traders visualize confluence between key institutional price levels, momentum shifts, and volume-based pressure points. Long/short opportunities can be explored at marked reversal diamonds or liquidation zones that align with key GP levels. Intended for use on higher timeframes (15m to 4H), though flexible across any pair or market.
Pine Script® indicator
by RickyTSpanish
HL/OL Histogram + (Close-Open)🧠 Core Concept This indicator is designed to detect meaningful directional intent in price action using a combination of: Intrabar candle structure (high - open, open - low) Net price momentum (close - open) Timed trigger levels (frozen buy/sell prices based on selected timeframe closes) The core idea is to visually separate bullish and bearish energy in the current bar, and to mark the price at which momentum flips from down to up or vice versa, based on a change in the close - open differential. 🔍 Components Breakdown 1. Histogram Bars Green Bars (high - open): Represent bullish upper wicks, showing intrabar strength above the open. Red Bars (open - low): Represent bearish lower wicks, showing pressure below the open. Plotted as histograms above and below the zero line. 2. Close–Open Line (White) Plots the difference between close and open for each bar. Helps you visually track when momentum flips from negative to positive, or vice versa. A bold black zero line provides clear reference for these flips. 3. Buy/Sell Signal Logic A Buy Trigger is generated when close - open crosses above zero A Sell Trigger occurs when close - open crosses below zero These trigger events are one-shot, meaning they’re only registered once per signal direction. No retriggers occur until the opposite condition is met. 📈 Trigger Price Table (Static) On a signal trigger, the close price from a lower timeframe (15S, 30S, 1, 2, 3, or 5 min) is captured. This price is frozen and displayed in a table at the top-right of the pane. The price remains fixed until the opposite trigger condition fires, at which point it is replaced. Why close price? Using the close from the lower timeframe gives a precise, decisive reference point — ideal for planning limit entries or confirming breakout commitment. 🛠️ Use Cases Momentum traders can use the histogram and line to time entries after strong open rejection or close breakouts. Scalpers can quickly gauge intrabar sentiment reversals and react to new momentum without waiting for candle closes. Algo builders can use the frozen price logic as precise entry or confirmation points in automated strategies.
Pine Script® indicator
by showlucy76
Multy Dynamic POCThis script displays up to 4 independent Point of Control (POC) levels based on volume profile logic. 📌 Each POC can be configured individually: Period options: Daily (D), Weekly (W), Monthly (M), or BARS (rolling bar window). Dynamic recalculation when the period changes (e.g., new day/week/month or custom bar count). Price-anchored lines for each POC level that scale correctly with the chart. Customizable line color and thickness. 🔍 How it works: For each active POC line, the script builds a simple volume distribution based on the candle’s average price (hl2) and volume. The price range is split into 100 buckets. The one with the highest accumulated volume is selected as the Point of Control (POC). In BARS mode, POC is recalculated every N bars. In D/W/M modes, it resets exactly at the beginning of a new period (according to TradingView’s time() function). ✅ Useful for: Traders applying volume profile analysis without needing the full built-in volume profile tool. Spotting dynamic high-volume zones in trends or ranges. Strategy development or confirmation around high-interest price levels. _______________________________________________________________________________ Данный индикатор отображает до 4 независимых уровней Point of Control (POC), рассчитанных по объёмам. 📌 Каждый POC можно настраивать отдельно: Периоды: День (D), Неделя (W), Месяц (M) или BARS (скользящее окно по количеству баров). Автоматический пересчёт при смене периода (например, новый день, неделя или месяц). Линии POC привязаны к цене и масштабируются вместе с графиком. Настраиваемый цвет и толщина линий. 🔍 Как работает: Для каждой активной линии POC создаётся объёмное распределение: берется средняя цена свечи (hl2) и объем. Диапазон цен делится на 100 уровней. Тот, где накоплено больше всего объёма, и есть POC. В режиме BARS уровень пересчитывается каждые N баров. В режимах D/W/M — строго в начале нового периода. ✅ Подходит для: Трейдеров, использующих объёмный анализ, но не имеющих платной подписки на Volume Profile. Поиска уровней интереса и подтверждения сигналов. Разработки стратегий с опорой на объём.
Pine Script® indicator
by bboydaler
3