Lucky Risk CalculatorLucky Risk Calculator
Know your risk before you pull the trigger — every single time.
Lucky Risk Calculator is a clean, no-nonsense risk management tool built for futures traders. Whether you're trading MNQ, NQ, MES, ES, or any other futures contract, it automatically detects the point value of your instrument and gives you instant dollar risk and profit targets right on your chart — no spreadsheets, no mental math mid-trade.
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What It Does
Enter your stop distance and number of contracts, and the table instantly shows you:
- **Dollar risk** per contract and for your full position
- **Profit target distance** based on your R:R ratio
- **Dollar profit** at target per contract and full position
- **Auto point value detection** — works on any futures symbol without manual setup
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How To Use
1. Set your **Stop Distance** (in points) based on where your stop loss is placed
2. Set your **Contracts** — risk and profit scale automatically
3. Set your **R:R Target** — the calculator shows exactly what hitting that target is worth in dollars
4. Move the table to wherever it fits best on your chart
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Works With
MNQ · NQ · MES · ES · MYM · YM · M2K · RTY — and any other futures contract on PulseWire. Point values are pulled automatically from the symbol, so you never have to touch a setting when switching instruments.
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Why I Built This
As a futures scalper, I needed to know my exact dollar risk the moment I defined my stop — not after the trade. This tool keeps risk front and center so you trade with discipline, not guesses.
*Trade smart. Manage risk. Stay lucky.*
— LuckyJo Indicator
Session ATR Risk ToolSession ATR Risk Tool
## Overview
The Session ATR Risk Tool is a discretionary **risk-management and trade-planning overlay**. It sizes a stop loss from market volatility, projects fixed reward-to-risk targets (1:1, 1:2, 1:3), and draws a standard-deviation ladder so you can see your full trade geometry on the chart before you enter. It also estimates a contract count from a fixed dollar risk, and prints a context table of intraday, daily and weekly volatility.
It is built and tuned for Micro E-mini Nasdaq-100 (MNQ) intraday trading, but every parameter is exposed as an input, so it works on any symbol once you set the correct point value.
This tool does **not** generate buy/sell signals and makes no claim about win rate or profitability. It is a visualization and planning aid only.
## What makes it different
Most reward-to-risk tools place lines a fixed number of ticks or a single ATR away. This tool adds three things in one package:
1. **Two selectable stop engines.** The stop distance can be derived from either the chart-timeframe ATR (small, realistic intraday stops) or from a rolling average of completed *session* ranges (swing-sized stops). You choose which volatility regime sizes your risk.
2. **A standard-deviation ladder denominated in your own stop distance.** Instead of arbitrary fib or price-percent levels, each rung is a multiple (−0.5, 1, 2, 3, 4 by default, all editable) of the exact ATR-based stop distance, projected from entry. One "sd" on the chart always equals one unit of the risk you are actually taking.
3. **A volatility context table.** Intraday ATR, averaged session range, daily ATR(14) and weekly ATR(14) are shown side by side so the chosen stop can be judged against higher-timeframe volatility at a glance.
## How it works
- **Session range capture.** The script tracks the high and low of each completed session window (default 09:30–16:00 exchange time) and stores the high-low range. It keeps a rolling buffer of the most recent N sessions (default 10) and averages them to produce a "session ATR" in points.
- **Intraday ATR.** A standard ATR of configurable length is calculated on the chart timeframe for scalp-sized stops.
- **Stop distance.** `Stop distance = chosen basis × ATR multiplier`, where the basis is either the intraday ATR or the averaged session range. The multiplier lets you tighten or widen the stop.
- **Trade geometry.** From the entry price (live price by default, or a fixed price you type in) and the trade direction, the tool places the stop one stop-distance against you, then projects targets at 1×, 2× and 3× the stop distance for clean 1:1 / 1:2 / 1:3 reward-to-risk.
- **Standard-deviation ladder.** Each ladder rung is plotted at `entry + direction × stop distance × deviation`, giving an evenly scaled map of where price sits relative to your risk unit.
- **Position-size estimate.** Dollar risk per contract = stop distance × point value. Estimated contracts = floor(risk per trade ÷ dollar risk per contract). This is an arithmetic estimate for planning, not an order-routing instruction.
- **Higher-timeframe context.** Daily and weekly ATR(14) are pulled from confirmed higher-timeframe bars (non-repainting) for the context table.
All levels are drawn as faded horizontal rays anchored to the bar grid, so they stay locked to the candles when you pan or zoom. Drawings rebuild on the most recent bar to keep the chart clean.
## How to use it
1. Add the tool to an intraday chart of the instrument you trade.
2. Set **$ per Point** for your instrument (MNQ = 2.0, NQ = 20.0, MES = 5.0, etc.) and your **Risk per Trade ($)**.
3. Choose your **Stop Basis** — "Intraday ATR" for scalps and intraday entries, "Session Range" for wider, swing-style stops.
4. Adjust the **ATR Multiplier** to set how far the stop sits from entry. As a starting guide, roughly 1.0–2.0× with Intraday ATR on a 1–5 minute chart; if using Session Range, scale the multiplier down (around 0.10–0.20×) because the session range is much larger.
5. Set **Trade Direction** (Long or Short). Leave **Entry Price** at 0 to anchor the levels to live price, or type your actual fill price to lock the geometry in place after entry.
6. Read your plan off the chart: the Stop, the 1:1 / 1:2 / 1:3 targets, the standard-deviation ladder, and the info table showing the stop in points and dollars plus an estimated contract count.
## Inputs
- **Session Window / Sessions to Average** — defines the session and how many completed sessions feed the averaged session range.
- **Stop Basis / Intraday ATR Length / ATR Multiplier** — select and tune the volatility source for the stop.
- **Trade Direction / Entry Price** — direction toggle and optional fixed entry.
- **$ per Point / Risk per Trade ($)** — instrument tick value and account risk used for the size estimate.
- **SDev Ladder deviations** — the five editable ladder multiples.
- **Visual controls** — ray length back/forward, table toggle, and colors for up, down and entry levels.
## Notes and limitations
- The contract-count figure is an arithmetic estimate from your inputs. It is not connected to a broker and places no orders. Always confirm size and risk in your own platform.
- "Session ATR" here means the averaged high-low **range** of recent sessions, not a true-range calculation; it is intentionally a wider, regime-level measure.
- Higher-timeframe ATR values use confirmed bars to avoid repainting.
- Reward-to-risk targets are fixed geometric projections; they are not predictions of price reaching those levels.
- This script is a planning and visualization tool only. It is not financial advice and does not guarantee any outcome. Indicator
Real Rate Mortgage Framework [Gabremoku]Real Rate Mortgage Framework is a macro context indicator that estimates a simplified real-rate proxy by subtracting CPI YoY from a nominal government yield series. It is designed to help users assess borrowing conditions from a broader economic perspective, rather than to predict a specific mortgage quote or lender offer.
The script currently includes preset configurations for the United States and Italy, and it also supports custom sources so the framework can be extended to additional countries without changing the core logic. This modular structure makes the indicator suitable as a reusable framework for future country presets and custom macro implementations.
To make the output easier to read, the real-rate proxy is classified into four clearly labeled regimes: Excellent Rate, Good Rate, Acceptable Rate, and High Rate. These labels are paired with a color structure that makes the current macro environment immediately visible on the chart, in the label, and in the dashboard.
A moving average is applied to inflation to reduce the stair-step effect caused by monthly CPI updates and improve visual readability. The indicator also includes a summary dashboard, optional background regime shading, alerts, and a disclaimer so users can interpret the output as informational context rather than financial advice.
This script is intended for traders and investors who want a simple cross-country real-rate framework for macro analysis, mortgage context, and future expansion to additional national datasets. If you would like a new country or a different sovereign yield / inflation pair added, feel free to message me with your request so I can consider it for a future implementation. Indicator
SMC Flip Zone Engine ViprasolOverview
The original detects a break of structure, walks back to find the reaction leg that preceded it, and draws a colored zone box, with optional Liquidity Sweep, Fair Value Gap, HTF EMA alignment, and OTE (discount/premium) filters that can be toggled on to reduce noise. This version keeps that zone-detection engine intact and adds a Viprasol confluence and lifecycle layer: a 0-4 confluence score with A/B/C grading, a minimum-score gate, zone mitigation (retest) and invalidation tracking, a per-side cooldown, and an ATR-free risk overlay that projects Entry/SL/TP from a zone when price returns to it.
It is built for traders who work with break-of-structure flip zones and want each zone graded by how much SMC confluence actually backs it, plus automatic tracking of when zones are retested or broken.
How It Works
Structure Break & Reaction Leg (from original):
A bullish flip is triggered when close crosses over the prior highest-high of the lookback window (supply broken); a bearish flip when close crosses under the prior lowest-low (demand broken). On a break, the script walks back over the reaction-leg length to find the extreme of the trap leg — for a bull flip, the lowest low in that window and its bar's high define the zone's bottom and top. A box is drawn from that reaction bar forward.
SMC Filters (from original, toggle-gated):
Four optional filters can each be required before a zone is drawn:
- Liquidity Sweep — the reaction leg must have exceeded the prior structural extreme (taken liquidity).
- FVG / Displacement — a fair value gap must be present around the break (e.g. low > high ).
- HTF Alignment — bull zones only above, bear zones only below, the 50 EMA of a higher timeframe.
- OTE (Discount/Premium) — the zone midpoint must sit in the discount half (bull) or premium half (bear) of the leg, where equilibrium = leg low + (leg high − leg low) × 0.5.
Confluence Score & Grade (new):
Independently of which filters are toggled on, the script evaluates all four confluence conditions as raw booleans on every new zone and sums them into a 0-4 score:
score = sweep? + fvg? + ote? + htfAligned?
The score is mapped to a grade — A (>= 3), B (= 2), C (<= 1) — and printed on the zone box. This means even with all filters off (so every break draws a zone), you can still see which zones are backed by genuine confluence. A "Minimum Confluence Score" input then lets you suppress any zone below a chosen score without having to hard-require specific filters.
Zone Mitigation & Invalidation (new):
Every existing zone is tracked across bars. A zone is mitigated the first time price trades back into its range (low <= top and high >= bot) — this fires a mitigation alert (a potential entry as the flip zone is retested). A zone is invalidated when price closes through it (close < bot for a bull zone, close > top for a bear zone); invalidated zones are recolored gray (or can be left as-is) and fire an invalidation alert. Each transition fires once per zone.
Risk Overlay on Mitigation (new):
When "Show SL/TP on Mitigation" is enabled, the first retest of a zone projects three lines: Entry at the near edge of the zone, Stop-Loss at the far edge (so the zone height is the risk), and Take-Profit at Entry ± zone-height × the Risk:Reward ratio. Colored ENTRY/SL/TP price labels mark the line ends. Only the most recent mitigation's projection is kept, to avoid clutter.
Per-Side Cooldown (new):
An optional cooldown enforces a minimum number of bars between new zones on the same side (tracked as bar_index − lastSideBar >= cooldown), preventing a burst of overlapping zones during a single fast move.
What Is Original (Viprasol Additions)
1. Confluence score (0-4) and A/B/C grade printed on each zone, computed from raw sweep/FVG/OTE/HTF conditions regardless of which filters are toggled.
2. Minimum-confluence-score gate — suppress low-quality zones without hard-requiring individual filters.
3. Zone mitigation (retest) detection with a dedicated alert.
4. Zone invalidation detection (price closes through) with recoloring and a dedicated alert.
5. Risk overlay — Entry/SL/TP projection with colored price labels drawn on the first mitigation of a zone, sized by zone height and the Risk:Reward ratio.
6. Per-side zone cooldown to prevent clustering.
Key Features
From the Original:
- Break-of-structure detection via crossover/crossunder of the lookback high/low
- Reaction-leg walk-back to locate the trap zone behind the break
- Bullish and bearish flip-zone boxes with labels
- Optional Liquidity Sweep, FVG, HTF 50-EMA alignment, and OTE filters
- Oldest-zone pruning to limit chart clutter
Added in This Version (Viprasol):
- 0-4 confluence score with A/B/C grade on every zone
- Minimum-score quality gate
- Mitigation (retest) and invalidation lifecycle tracking with recoloring
- Entry/SL/TP risk overlay with colored price labels on mitigation
- Per-side cooldown
- Info dashboard (active zone counts, HTF state, filters-on count, min score)
- Six alert conditions with dynamic {{ticker}}/{{close}}/{{interval}} messages
How to Use
Getting Started:
1. Add to a standard candlestick chart (not Heikin Ashi).
2. With all filters off (default), every structure break draws a graded zone — read the A/B/C grade to judge quality.
3. To trade only stronger setups, either raise "Minimum Confluence Score" or turn on the specific filters you require.
Reading the Chart:
- Green zone = bullish flip (drawn after a supply break); red zone = bearish flip (after a demand break).
- The bracket on each zone, e.g. , is the confluence grade and score.
- A zone turning gray means price closed through it — it is invalidated.
- When price returns into a zone and SL/TP is enabled, Entry/SL/TP lines and price labels project to the right.
Recommended Starting Points:
- Intraday (5m-15m): Lookback 20, Reaction 7, Min Score 0-1, Cooldown 0-3
- Swing (1H-4H): Lookback 30, Reaction 7-10, Min Score 2, enable HTF alignment
- Higher conviction: Min Score 3 (grade A only), or require Sweep + FVG
These are starting points only — every market and timeframe behaves differently. Backtest and adjust before trading live.
Settings
Market Structure: structure lookback period, reaction-leg length, and max zones kept per side.
SMC Strict Filters: toggles for Liquidity Sweep, FVG (displacement), HTF 50-EMA alignment (with HTF resolution), and OTE (discount/premium). All default off so zones appear immediately.
Confluence & Quality (Viprasol): minimum confluence score, show grade on zone, and per-side zone cooldown.
Risk Overlay (Viprasol): show SL/TP on mitigation, show price labels, and the Risk:Reward ratio.
Visuals: bullish/bearish fill and border colors, and a toggle to dim invalidated zones gray.
Dashboard / Display: dashboard toggle and position.
Alerts
1. New Bull Zone — a bullish flip zone was created
2. New Bear Zone — a bearish flip zone was created
3. Any New Zone — either direction created
4. Bull Mitigation — price returned to a bullish zone (potential long)
5. Bear Mitigation — price returned to a bearish zone (potential short)
6. Zone Invalidated — a zone was closed through and invalidated
All alerts include {{ticker}}, {{close}}, and {{interval}} for dynamic notification messages.
Limitations & Disclaimer
- Zones are created on the bar the structure break confirms; because detection uses crossover/crossunder of close versus the prior swing, signals are evaluated on the closing relationship and the reaction leg is identified after the fact.
- The HTF alignment filter uses request.security with lookahead disabled; HTF values update only as the higher-timeframe bar progresses.
- The FVG and OTE checks are simplified single-bar/leg-midpoint approximations, not full multi-leg ICT constructs.
- Mitigation is detected on the first wick back into a zone; this is an awareness signal, not a guaranteed reversal.
- SL/TP lines and price labels are visual references only and do not place or manage trades.
- Filters and the minimum-score gate reduce the number of zones; in choppy ranges valid zones may be suppressed, while in fast trends overlapping zones may appear if cooldown is off.
- Past performance does not guarantee future results. This indicator is for educational and analytical purposes only and is not financial advice. Always use proper risk management and test on historical data before trading live.
Credits & Attribution
Based on an open-source "Advanced SMC Flip Zones" community indicator, which provided the break-of-structure detection (crossover/crossunder of the lookback high/low), the reaction-leg walk-back that locates the trap zone, the bullish and bearish flip-zone boxes, the optional Liquidity Sweep / FVG / HTF 50-EMA / OTE filters, and the oldest-zone pruning. Added by Viprasol: the 0-4 confluence score and A/B/C grading, the minimum-score quality gate, zone mitigation and invalidation lifecycle tracking with recoloring, the Entry/SL/TP risk overlay with colored price labels, the per-side cooldown, the info dashboard, and the six-condition dynamic alert set.
Published open-source per PulseWire House Rules.
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CandleStick Detector - AdvisorMARKET ADVISOR — Candlestick Pattern Detection + Plain English Analysis
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WHAT THIS DOES
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Market Advisor reads price action in real time and explains what it sees in plain English — like having a trading friend beside you. Instead of showing 10 indicators and leaving you to figure it out, this script detects key candlestick formations, marks them on the chart, identifies the current trend structure, and tells you exactly what the pattern means in context.
No signals. No buy/sell arrows. No false promises.
Just honest pattern recognition and plain language analysis.
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HOW IT WORKS — THE LOGIC
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The script runs three engines simultaneously:
1. CANDLE MATH ENGINE
Every bar, the script calculates:
- Body size: math.abs(close - open)
- Full range: high - low
- Upper wick: high - max(close, open)
- Lower wick: min(close, open) - low
- Body percentage: bodySize / fullRange
These ratios are used to classify candle formations without ambiguity.
2. PATTERN DETECTION ENGINE
Eight patterns are detected using strict mathematical conditions:
- Bullish Engulfing: Current bar is bullish, previous was bearish, current body fully covers previous body, current body is larger.
- Bearish Engulfing: Opposite of above. Current bar is bearish, fully covers previous bullish body.
- Hammer: Lower wick is at least 2x the body size. Upper wick is less than 0.5x body. Body percentage under 45%. Shows price was pushed down then rejected.
- Shooting Star: Upper wick is at least 2x body. Lower wick under 0.5x body. Body percentage under 45%. Shows price was pushed up then rejected.
- Doji: Body percentage under 8% of the full range. Buyers and sellers ended equal.
- Inside Bar: Current high is below previous high AND current low is above previous low. Price is compressing inside the prior candle.
- Morning Star: 3-bar pattern. Bar 2 ago is bearish. Middle bar (1 ago) has a tiny body (under 25% of range). Current bar is bullish and closes above the midpoint of bar 2.
- Evening Star: 3-bar pattern. Bar 2 ago is bullish. Middle bar has tiny body. Current bar is bearish and closes below midpoint of bar 2.
3. MARKET STRUCTURE ENGINE
Uses pivot highs and lows (ta.pivothigh / ta.pivotlow) to identify:
- Uptrend: Current pivot high > previous pivot high AND current pivot low > previous pivot low (Higher Highs, Higher Lows)
- Downtrend: Current pivot high < previous pivot high AND current pivot low < previous pivot low (Lower Highs, Lower Lows)
- Ranging: Neither condition met
The structure context changes the advisor text. A Hammer in an uptrend gets different advice than a Hammer in a downtrend. Same pattern, different meaning.
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WHAT APPEARS ON CHART
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- Engulfing patterns → shaded box spanning both candles
- Hammers / Shooting Stars → small label above or below the candle
- Inside Bars → golden shaded box covering both candles
- Doji → small label
- Morning / Evening Star → label on the third candle
- Swing levels → dotted horizontal lines at pivot highs and lows
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THE ADVISOR PANEL
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A panel in the corner shows:
- Current market structure (Uptrend / Downtrend / Ranging)
- Most recent pattern detected
- Line 1: What happened (factual description)
- Line 2: What it means in context of the trend
- Line 3: What to watch for next
The panel retains the last detected pattern until a new one forms. On bars with no pattern it reads "Watching market..." so you always know the script is active.
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SETTINGS
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Toggle each pattern type on or off independently. Swing Sensitivity controls how many bars left and right are used to validate a pivot — higher values find stronger, less frequent swings. Panel position can be moved to any corner.
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ALERTS
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8 alert conditions available:
Bullish Engulfing, Bearish Engulfing, Hammer, Shooting Star, Morning Star, Evening Star, Inside Bar, Doji.
Set alerts via the PulseWire alert menu after adding to chart.
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IMPORTANT DISCLAIMER
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This script is an educational tool. It identifies and labels candlestick patterns based on mathematical price relationships. It does not predict future price movement. Candlestick patterns are observations of past price behaviour — they show what buyers and sellers did, not what they will do.
No pattern has a 100% success rate. Always use proper risk management. This is not financial advice.
Past performance of any pattern does not guarantee future results.
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CREDITS
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Built entirely in Pine Script v6.
Pattern logic based on standard candlestick theory (Japanese candlestick charting techniques).
No external libraries used.
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CRT Reversal PRO@Saheemol + SuperTrend Filter# CRT Reversal PRO + SuperTrend Filter
CRT Reversal PRO + SuperTrend Filter is a price action-based reversal indicator designed to identify high-probability reversal opportunities using the Mother-Daughter candle concept combined with trend confirmation from SuperTrend.
### Key Features
* Detects bullish and bearish liquidity sweep reversals using Mother-Daughter candle formations.
* Filters setups using a configurable Mother Candle body strength requirement.
* Integrates SuperTrend confirmation to trade only in the direction of the prevailing trend.
* Includes 9 EMA and 21 EMA for additional trend analysis.
* Automatically plots:
* Entry level
* Stop Loss (based on Daughter Candle extremes)
* TP1 and TP2 targets using customizable Risk:Reward ratios
* Fully customizable line colors, styles, widths, and lengths.
* Visual BUY and SELL labels for quick trade identification.
* Built-in alert conditions for automated notifications.
### Bullish Setup
A bullish setup is created when price sweeps below the Mother Candle low, closes back inside the Mother Candle range, and later breaks above the Mother Candle high while the SuperTrend remains bullish.
### Bearish Setup
A bearish setup is created when price sweeps above the Mother Candle high, closes back inside the Mother Candle range, and later breaks below the Mother Candle low while the SuperTrend remains bearish.
This indicator is designed for traders who combine price action, liquidity sweeps, and trend-following concepts to identify potential reversal opportunities with predefined risk and reward levels.
### Disclaimer
This indicator is provided for educational and informational purposes only. It does not constitute financial, investment, or trading advice. Trading financial markets involves substantial risk and may not be suitable for all investors. Past performance does not guarantee future results. Always perform your own analysis and risk management before making any trading decisions.
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Asset Class Correlation MatrixAsset Class Correlation Matrix
█ OVERVIEW
This indicator displays a Pearson correlation matrix for instruments in the asset class of the symbol you are currently viewing. Open a EUR pair and you see the forex matrix. Open gold and you see the metals matrix. Open Bitcoin and you see the crypto matrix. The relevant basket loads automatically, so there is nothing to configure for the common cases.
Each cell shows the rolling correlation between two instruments over a lookback period you control. The goal is to make cross-instrument relationships inside an asset class visible at a glance, rather than checking pairs one at a time, or relying on visual comparison.
█ AUTOMATIC ASSET CLASS DETECTION
The current symbol is matched to a category in three stages:
1. Exact ticker match against the built-in lists below.
2. Name-fragment match for common broker and CFD names. For example XAU and GOLD map to Metals, US500, SP500, NAS100, US100, US30 and DJ30 map to US Indices, DAX, FTSE and NIKKEI map to Global Indices, and WTI, BRENT and NATGAS map to Energy.
3. Asset type fallback using the instrument type, covering crypto, forex, and stocks.
If the current symbol is not already part of a built-in list, it is added as the first row and column of the matrix, so the instrument you are on is always included. If no category can be determined, the table shows a short prompt to use the custom symbol list instead of rendering empty.
█ BUILT-IN CATEGORIES
Forex: 28 majors and crosses across USD, EUR, GBP, JPY, AUD, CAD, CHF and NZD.
US Indices: ES, NQ, YM, EMD, RTY.
Global Indices: DAX, Euro Stoxx 50, Nikkei, FTSE, ASX 200, Hang Seng.
Metals: Gold, Silver, Copper, Platinum, Palladium.
Energy: WTI Crude, Natural Gas, Heating Oil, RBOB Gasoline.
Agricultural: Corn, Soybeans, Wheat, Soybean Oil, Soybean Meal, Cocoa, Coffee, Sugar, Cotton, Orange Juice.
Livestock: Live Cattle, Lean Hogs, Feeder Cattle.
Interest Rates: 2Y, 10Y, 30Y US notes, Euro Bund, Euro Buxl.
Crypto: BTC, ETH, BCH, LTC.
Stocks: SPX, QQQ, AAPL, MSFT, NVDA, AMZN, GOOGL, META, TSLA, AMD.
█ READING THE MATRIX
Pearson correlation ranges from -1 to +1.
Values near +1 mean the two instruments move strongly together. Values near -1 mean they move strongly opposite to each other, which is still a strong relationship, just inverted. Values near 0 mean little to no linear relationship.
The strength of a relationship is the distance from zero, in either direction. A reading of -0.9 is just as tight as +0.9.
█ COLORS
Positive correlation is shown in green, with a stronger shade above the high threshold and a lighter shade above the moderate threshold. Inverse correlation is shown in purple, using the same two strength levels. Everything between the negative and positive moderate threshold is shown as low. All five colors and both thresholds are adjustable in the settings. The thresholds apply symmetrically to positive and inverse values.
█ CUSTOM SYMBOL LIST
You can override the auto-detected basket with your own comma-separated list of symbols. Spaces are ignored. The custom list is applied only when the current chart symbol is one of the symbols in the list, which keeps the chart instrument anchored in the matrix.
You can include an exchange or broker prefix, for example OANDA:EURUSD. A bare ticker such as GBPJPY inherits the current chart prefix. Bare futures contracts such as ES1! resolve on their native exchange.
█ SETTINGS
Period: lookback in bars for the correlation calculation. Shorter reacts faster and is noisier. Longer is more stable and slower to update.
High and Moderate Correlation Thresholds: the cutoffs for the color bands.
Colors: the five correlation colors.
Symbol List: the optional custom basket.
Table Size: text size of the matrix.
█ HOW TO USE IT
Add the indicator to any chart in a supported asset class. Use it to find pairs that move together or opposite each other, to check diversification across a basket, to spot when a normally correlated pair is diverging, or to choose hedges and pairs-trade candidates. The left column shows the full applied symbol for each row, so you can confirm exactly which feed each value comes from.
█ NOTES AND LIMITATIONS
Correlation is period-dependent. For tightly linked instruments, a long lookback pushes most values toward the extremes, while a short lookback spreads them out and reacts faster. Choose the period to match the question you are asking.
Correlation measures linear co-movement of closing prices on the chart timeframe. It does not imply causation and does not capture non-linear relationships.
Broker naming for CFDs varies widely, so some instruments may not auto-detect. When that happens, use the custom symbol list.
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Current MTF Candle Footprint + FVG MTF| julzALGO📘 Summary
Current MTF Candle Footprint + FVG MTF is a multi-timeframe market structure and footprint visualization tool designed to display the live development of any higher-timeframe candle directly on lower-timeframe charts.
The indicator reconstructs the current higher-timeframe candle in real time, while simultaneously analyzing lower-timeframe volume participation to build a footprint profile, Point of Control (POC), volume imbalance statistics, and Fair Value Gap (FVG) confirmations.
Unlike traditional MTF candle overlays that only show OHLC levels, this script reveals the internal volume distribution occurring inside the active higher-timeframe candle, helping traders identify where buyers and sellers are actively participating before the candle closes.
📘 Features
✅ Live Multi-Timeframe Candle Overlay
✅ Current Higher-Timeframe Open, High, Low & Close Levels
✅ Real-Time Mini Candle Projection
✅ Lower-Timeframe Footprint Analysis
✅ Buy Volume Calculation
✅ Sell Volume Calculation
✅ Delta Volume Measurement
✅ Volume Imbalance Percentage
✅ Dynamic Footprint Table
✅ Point of Control (POC)
✅ Volume Distribution Nodes
✅ Adjustable Node Resolution
✅ POC Zone Highlighting
✅ Bullish Fair Value Gap Detection
✅ Bearish Fair Value Gap Detection
✅ MTF FVG Confirmation
✅ FVG Volume Imbalance Analysis
✅ Broken FVG Management
✅ Configurable FVG History
✅ Candle Body or Full Range Footprint Modes
✅ Automatic Volume Source Detection
✅ Multi-Timeframe Trading Confirmation Tool
📘 Logic
🔷 Multi-Timeframe Candle Engine
The indicator continuously reconstructs the currently active higher-timeframe candle using its Open, High, Low, and Close values.
This allows traders on lower-timeframe charts to monitor the live development of larger timeframe candles before they officially close.
Examples:
• Daily Candle on a 1-Minute Chart
• 4-Hour Candle on a 5-Minute Chart
• Weekly Candle on a 15-Minute Chart
🔷 Footprint Engine
Lower-timeframe volume data is retrieved and classified into buying and selling participation.
Buy Volume
• Lower-timeframe bars closing higher contribute volume to buyers.
Sell Volume
• Lower-timeframe bars closing lower contribute volume to sellers.
The accumulated volume is used to build a real-time footprint representation of the active higher-timeframe candle.
🔷 Footprint Nodes
The active higher-timeframe candle is divided into multiple price levels.
Available resolutions:
• 4 Nodes
• 6 Nodes
• 8 Nodes
• 10 Nodes
• 12 Nodes
• 16 Nodes
• 20 Nodes
• 24 Nodes
• 31 Nodes
Each node displays:
• Buy Volume
• Sell Volume
• Delta Dominance
This creates a footprint-style volume ladder beside the higher-timeframe candle.
🔷 Delta Volume
Delta Volume measures the difference between accumulated Buy Volume and Sell Volume.
Formula:
Delta = Buy Volume − Sell Volume
Positive Delta
• Buyers dominate volume participation.
Negative Delta
• Sellers dominate volume participation.
🔷 Volume Imbalance
Volume Imbalance measures the strength of participation by comparing Delta against Total Volume.
Formula:
Imbalance % = |Buy Volume − Sell Volume| ÷ Total Volume × 100
Higher imbalance values indicate stronger directional conviction from either buyers or sellers.
🔷 Point of Control (POC)
The Point of Control represents the highest-volume price level within the active higher-timeframe candle.
The POC may act as:
• Highest traded price area
• Volume acceptance zone
• Potential support area
• Potential resistance area
Display options include:
• Footprint Highlight
• Extended POC Box
🔷 Fair Value Gap Confirmation
The indicator scans a user-selected timeframe for Fair Value Gaps (FVGs).
Bullish FVG
Low > High
Bearish FVG
High < Low
Detected FVGs are projected directly onto the chart and continuously monitored while active.
🔷 FVG Volume Confirmation
For every detected FVG, the indicator evaluates:
• Buy Volume
• Sell Volume
• Delta Volume
• Imbalance %
This helps evaluate whether the liquidity imbalance responsible for creating the gap was primarily driven by buyers or sellers.
🔷 FVG State Tracking
Each Fair Value Gap is continuously monitored and managed.
Tracked states include:
• Active FVGs
• Broken FVGs
• Historical FVGs
Users can:
• Hide broken FVGs
• Display broken FVGs
• Limit the number of stored FVGs
🔷 Volume Source Detection
The indicator automatically determines the quality of the volume source being used.
M1 Source
• Uses actual 1-minute footprint volume data.
Fallback Source
• Uses candle-anatomy volume estimation when lower-timeframe data is unavailable.
The active volume source is displayed directly inside the footprint dashboard.
📘 Usage
🔷 Bullish Setup
Look for:
Bullish Higher-Timeframe Candle
Positive Delta
Strong Buy Imbalance
POC Holding Above Price
Bullish FVG Confirmation
This indicates buyers are controlling the current higher-timeframe candle.
🔷 Bearish Setup
Look for:
Bearish Higher-Timeframe Candle
Negative Delta
Strong Sell Imbalance
POC Acting As Resistance
Bearish FVG Confirmation
This indicates sellers are controlling the current higher-timeframe candle.
🔷 Scalping Workflow
Many traders monitor:
Daily Candle on 1-Minute Chart
4H Candle on 1-Minute Chart
1H Candle on 15-Second Chart
The footprint helps determine:
• Where volume is accumulating
• Whether buyers or sellers are controlling participation
• Whether Fair Value Gap confirmations support directional bias
📘 Settings
🔷 MTF Candle
Candle Timeframe — Select the higher timeframe to reconstruct.
Show TF High / Low — Display current higher-timeframe extremes.
Show TF Open — Display higher-timeframe open.
Show Current TF Close — Display live higher-timeframe close.
Show Mini TF Candle — Draw reconstructed candle on the right side.
Show Price Labels — Show OHLC labels.
🔷 MTF Footprint
Show TF Footprint Table — Display footprint statistics dashboard.
Show TF Footprint Nodes — Display footprint ladder.
Show POC — Highlight Point of Control.
Show POC Box On Bars — Extend POC zone across chart.
Show Volume Source — Display M1 or Fallback source.
POC Box Range — Candle TF or fixed-bar extension.
Node Width Bars — Adjust footprint profile width.
Node Rows — Control profile resolution.
Node Sync — Full candle range or candle body only.
Node Gap Bars — Distance between candle and profile.
🔷 FVG Confirmation
Show FVG — Enable Fair Value Gap detection.
Show FVG In Footprint Table — Show latest FVG status.
FVG Timeframe — Select FVG detection timeframe.
Minimum Gap Ticks — Filter small gaps.
Keep Last FVG — Number of FVGs displayed.
Show Broken FVG — Display invalidated gaps.
🔷 Layout
Candle Right Offset — Horizontal placement of mini candle.
Candle Width — Width of candle body.
Label Offset Bars — Distance of labels.
🔷 Colors
Customize:
Bull Candle
Bear Candle
High
Low
Open
Close
Buy Nodes
Sell Nodes
POC
Bull FVG
Bear FVG
Text
📘 Disclaimer
This indicator is an educational and analytical tool designed to visualize multi-timeframe candle development, footprint volume participation, Point of Control zones, and Fair Value Gap confirmations. It does not provide financial advice, trading recommendations, or guaranteed future results. Traders should combine this tool with proper risk management, market context, and independent analysis before making trading decisions.
Lower-timeframe volume classification and footprint calculations are analytical estimates and should be interpreted within overall market context. Indicator
OMSF Learning SpaceWelcome to the Omsf Learning Space.
This is not a commercial "holy grail" indicator, nor is it a rigid, corporate course. This is my personal sandbox and educational archive where I dissect market structure, breakout mechanics, and reversal setups.
THE CORE PHILOSOPHY:
Everything in this space is built upon my Omsf (Objective Market Structure Framework). Whether you are a beginner trying to understand how charts breathe, or an advanced trader looking for mechanical rules – this space is designed to give you a clear, visual reality check.
WHAT TO EXPECT:
This script is dynamic and will change organically over time. As I publish new trading ideas, research notes, or structural concepts, this indicator will adapt. Old parts might get swapped out, new experiments will be added, or it might evolve into a v2.0 down the road. There is no fixed schedule. It updates when it updates.
CURRENT VERSION (Launch):
Right now, we are looking at the foundational mechanics: Classic, rigid Pivots alongside the dynamic volatility adjustment of the Omsf.
- Toggle "Exercise 1" to stress-test both engines in the configuration sandbox.
- Toggle "Outlook" to see how classic Pivots perform when taken literally as a trend filter.
Enjoy the sandbox, play with the parameters, and use the Bar Replay. See you in the ideas section!
— arni Indicator
Industry Group Strength v2Based on Amphibiantrading's Industry Group Strength indicator.
This indicator shows which companies are the strongest and weakest within the same industry as the stock you're currently viewing.
Open any US stock on a daily or weekly chart, and the indicator automatically detects which industry that stock belongs to, then displays the major companies in that same industry as a compact, colour-coded strip. Tickers are ranked from strongest on the left to weakest on the right, and each one is shaded from green (leading its industry) to red (lagging it), so you can read an entire industry's pecking order in about a second.
The stock you currently have open is highlighted in yellow with a dot (●), so you can instantly see how it stacks up against its peers. If it isn't strong enough to appear among the leaders on display, it's added onto the end of the strip anyway — you'll always see where your stock stands.
You decide how strength is measured, using the Data setting:
- Since the start of the year — how much each company has risen or fallen so far this calendar year.
- Performance versus a comparison index — how much each company has beaten or lagged the overall market (the S&P 500 by default; you can point it at any symbol) over a time window you choose.
- Plain price change — how much each company's price has simply moved over that same time window.
The time window applies to the last two options (the start-of-year option always measures from January). By default the window is 90 bars — that's 90 days on a daily chart, or 90 weeks on a weekly chart.
Adjustable settings:
- which strength measure to use,
- the length of the time window,
- how many companies to show (1 to 40),
- light or dark colour mode,
- the comparison index,
- the text size,
- and whether to print the actual numbers beneath each company.
A few things to know:
- Use it on a daily or weekly chart. It will ask you to switch if you load it on a shorter timeframe (such as 5-minute or hourly).
- It works on United States stocks that carry an industry classification. On other symbols — indexes, currencies, and so on — the display will be blank.
- The company lists hold the larger, more established names in each industry rather than every single stock, so the strip stays readable and quick to load.
Credit & thanks: the original Industry Group Strength concept and script were created by Amphibiantrading, thanks to him for sharing his code. The main changes in this v2 are the UI and a refresh of tickers' industry membership. Indicator
