Gann Square of 9 Vibration Levels [LuxAlgo]The Gann Square of 9 Vibration Levels indicator provides a technical framework for identifying potential support and resistance levels based on Gann's "Square of 9" mathematical relationships.
🔶 USAGE
This tool calculates price "vibrations" or displacements from a specific anchor point using angular degrees. In Gann theory, specific angles (90°, 180°, etc.) are believed to represent points of high resonance where price action is likely to stall or reverse.
The indicator offers two primary methods for anchoring:
Auto Pivot: Automatically detects recent high or low pivots based on a user-defined lookback period. If a new low is found, it calculates upward vibrations; if a new high is found, it calculates downward vibrations.
Manual: Allows the user to input a specific price point to act as the "Square of 9" center, from which all angular levels are projected.
Traders can use these levels to anticipate market turns or set price targets. When price approaches a Cardinal or Ordinal level, it may indicate a zone of exhaustion or a breakout point.
🔶 DETAILS
The script utilizes the core Gann Square of 9 formula to translate angular degrees into price levels:
Price = (sqrt(Anchor) + (Degree / 180) * Direction)^2
The indicator distinguishes between two types of vibration levels:
🔹 Cardinal Levels (90°, 180°, 270°, 360°): These represent the "cross" in the Square of 9 and are traditionally considered the strongest points of vibration. They are displayed with solid lines.
🔹 Ordinal Levels (45°, 135°, 225°, 315°): These represent the "corners" of the Square of 9 and provide secondary points of interest. They are displayed with dashed lines.
The inclusion of a real-time dashboard provides a quick reference for the current anchor price, the specific degree of each active level, and its corresponding price value, ensuring traders can see exact targets without cluttering the main chart area.
🔶 SETTINGS
🔹 Calculation Settings
Anchor Type: Choose between "Auto pivot" (dynamic) or "Manual" (static) price anchoring.
Manual Anchor Price: The price used for calculations when Anchor Type is set to Manual.
Pivot Lookback: The number of bars used to detect high/low pivots for the Auto mode.
Vibration Direction: Determines if the indicator projects levels "Up", "Down", or in "Both" directions from the anchor.
🔹 Visual Settings
Show Cardinal Levels (90°): Toggles the visibility of the primary cross levels.
Show Ordinal Levels (45°): Toggles the visibility of the secondary corner levels.
Show Level Labels: Displays the degree and price value next to each line on the chart.
Cardinal/Ordinal Color: Customizes the colors for the different level types.
🔹 Dashboard
Dashboard: Enables or disables the on-screen data table.
Position: Moves the dashboard to different corners of the chart.
Size: Adjusts the scale of the dashboard text and cells.
Indicator
HTF Candle Architecture [BigBeluga]🔵 OVERVIEW
HTF Candle Architecture is an advanced higher-timeframe (HTF) structural visualization tool that reconstructs and projects HTF candles directly onto any lower-timeframe chart.
Instead of relying on standard timeframe switching, the indicator builds synthetic HTF candles in real time, exposing their internal architecture — High, Low, Open, and Close — as dynamic price levels that extend into the future.
This tool is designed to help traders read higher-timeframe intent, structure, and control points while operating on lower timeframes with precision.
🔵 CORE IDEA
Markets are governed by higher-timeframe structure, even when trading lower timeframes.
HTF candles define key decision levels where liquidity, rejection, and continuation often occur.
By reconstructing HTF candles bar-by-bar, traders can track their evolution instead of waiting for candle close.
🔵 HOW THE INDICATOR WORKS
HTF Candle Reconstruction
The indicator uses the selected HTF timeframe (e.g., Daily, 4H, 1H).
Each time a new HTF candle begins, the previous HTF candle’s OHLC values are stored.
While the current HTF candle is forming, its High and Low are continuously updated in real time.
This creates a live HTF candle that evolves with every lower-timeframe bar.
Synthetic Candle Architecture
Each HTF candle is drawn using:
A vertical wick (High–Low range)
A candle body (Open–Close)
Candles are color-coded automatically:
Bullish candle → bullish color
Bearish candle → bearish color
This makes HTF direction visually clear without changing chart timeframe.
🔵 OHLC LEVEL PROJECTION LOGIC
High, Low, Open, and Close levels from each HTF candle can be enabled independently.
Each level is projected forward by a user-defined offset .
Projected levels act as:
HTF support and resistance
Liquidity interaction zones
Execution reference points for lower-timeframe entries
Different line styles (Solid / Dashed / Dotted) can be assigned per level for clarity.
🔵 MULTI-CANDLE STRUCTURE
Up to four HTF candles can be displayed simultaneously.
Older candles provide historical context.
The most recent candle shows active HTF structure.
Each candle is offset horizontally to prevent overlap and preserve readability.
🔵 REAL-TIME VS COMPLETED CANDLES
Completed HTF candles represent confirmed structure.
The real-time HTF candle shows how current price is building relative to higher-timeframe extremes.
This allows traders to anticipate HTF reactions before candle close.
🔵 VISUAL & STRUCTURAL DETAILS
Top label displays selected higher timeframe.
Optional labels display exact OHLC prices and candle index.
Small circular markers highlight exact OHLC anchor points on the chart.
Background shading marks the moment a new HTF candle begins.
A timeframe label confirms the active HTF reference.
🔵 PRACTICAL USE CASES
Trade lower timeframes in alignment with HTF candle bias.
Use HTF Open and Close as directional bias levels.
Use HTF High and Low as liquidity sweep and rejection zones.
Combine with order blocks, volume tools, or market structure indicators.
🔵 CONCLUSION
HTF Candle Architecture transforms higher-timeframe candles into actionable structure on any chart.
By exposing the internal OHLC architecture of HTF candles — both completed and forming — the indicator bridges the gap between macro structure and micro execution, allowing traders to align precision entries with dominant market intent. Indicator
Gaussian Volume Profile [LuxAlgo]The Gaussian Volume Profile indicator is a sophisticated volume analysis tool that uses the Levenberg-Marquardt optimization algorithm to fit a Sum of Gaussians model to historical volume distribution.
This approach transcends traditional discrete volume profiles by providing a continuous, noise-reduced representation of liquidity clusters, allowing for the precise identification of high-volume nodes and their respective price boundaries.
🔶 USAGE
The indicator projects a lateral volume density map to the right of the current price action. Users can utilize this tool to identify "fair value" zones where the Gaussian peaks are most concentrated. Unlike standard profiles that show jagged horizontal bars, this tool provides a smooth "fit" line that highlights the true center of gravity for volume at specific price levels.
🔹 Identifying High-Volume Nodes
The script automatically detects local maxima (peaks) within the fitted Gaussian model. These peaks represent the most significant price levels where the highest density of trading occurred. Horizontal dashed lines are drawn at these apexes, color-coded to match the specific Gaussian component that is most dominant at that price.
🔹 Zone Width and Volatility
By observing the width (standard deviation) of the individual Gaussian components (the dotted curves), traders can gauge the "breadth" of a value area. A narrow, sharp peak suggests a very specific price level of agreement, while a wide, shallow curve indicates a broad range where volume was distributed less precisely.
🔶 DETAILS
This tool represents a scientific advancement over regular Volume Profiles by applying a Gaussian Density model to market data:
Noise Reduction: Discrete profiles are often "noisy," with small volume gaps between price ticks. The Sum of Gaussians model acts as a sophisticated filter, smoothing out insignificant variances to reveal the underlying structural liquidity.
Levenberg-Marquardt Optimization: The script utilizes the LM algorithm, a standard in non-linear least squares problems, to iteratively refine the fit of multiple Gaussian pulses. This ensures the model converges on the most mathematically accurate representation of the volume data.
Precise Liquidity Centers: While a standard profile bin might be several ticks wide, the Gaussian apex provides a mathematically derived "center" ($\mu$) for liquidity, often offering more precise support and resistance levels.
Continuous Distribution: Because it models volume as a continuous function, it can estimate volume density between discrete price bins, providing a more fluid view of market interest.
The visual output combines a lateral histogram with a bold Gaussian density curve, color-coded components, and auto-detected peak levels for a comprehensive view of institutional interest.
🔶 SETTINGS
🔹 Profile Settings
Lookback Window: The number of historical bars used to calculate the volume profile distribution.
Number of Bins: Determines the vertical resolution of the profile. More bins provide more detail but require more computation.
🔹 Gaussian Settings
Max Potential Peaks: The maximum number of Gaussian components (nodes) the algorithm will attempt to fit to the data.
Max Iterations: Controls how many times the LM optimizer refines the fit. Higher values improve accuracy but may impact performance.
Initial Lambda: The damping factor for the optimization algorithm, affecting the early steps of the fitting process.
🔹 Visuals
Histogram Resolution: The maximum horizontal length of the projected histogram and fit line, measured in bar widths.
Highlight Window Range: Toggles a visual background box covering the historical lookback area for context.
Highlight Detected Peaks: Detects local maxima in the final fit and draws horizontal dashed levels at those price points.
Fit Color: Sets the static color for the main density curve.
Auto: When enabled, the fit color automatically adapts to your chart's foreground color (e.g., white on dark backgrounds).
Indicator
Key Price Levels Daily Ver [structJCWL]As an independent developer and active trader, I built this tool to address a personal frustration: the lack of precision in standard session-level indicators. For those who trade based on market micro-structure, a level that is "approximately" correct is a logic error.
Key Price Levels Daily Ver is an engineering implementation focused on reconstructing session data with surgical accuracy. It is designed for traders who require reliable, noise-filtered benchmarks to anchor their daily execution.
THE ENGINEERING LOGIC:
1-Second (1S) Intrabar Reconstruction : Standard scripts often rely on daily-bar data, which can be imprecise. This tool re-aggregates the session using 1-Second (1S) granularity . By processing every sub-candle, it ensures that POC, Value Area, and Extremes are anchored to the true weight of capital commitment.
The 15-Minute Threshold (Technical Rationale) : To maintain the high fidelity of 1S data aggregation, this indicator is optimized for timeframes ≤ 15 minutes . Calculating micro-structure on higher timeframes leads to data thinning and reduced precision—limitations I refuse to accept in my personal trading setup.
Adaptive Visual Hierarchy (Fade & Limits) : To prevent visual clutter, I’ve integrated Fade Strength and Timeframe Limits . Lines automatically adjust their transparency or visibility based on your current timeframe, ensuring that the most relevant levels remain clear while secondary noise recedes.
Reliability by Design : In 24/7 markets, script stability is paramount. I have implemented defensive programming (including a 98,000-unit memory circuit breaker ) to prevent overflows during extreme volatility. I strive for absolute dependability; if you encounter any issues, your feedback is highly welcome as we refine and improve this tool together.
作为一名独立开发者与实战交易者，我构建此工具是为了解决一个长期的困扰：标准时段指标精度的缺失。对于基于市场微观结构进行交易的人来说，“大约准确”的水位本身就是一种逻辑错误。
Key Price Levels Daily Ver 是我对日内关键水位线的个人工程化实现，专注于以“外科手术式”的精度重构时段数据。它专为那些需要可靠、过滤噪音的基准位来锚定日内执行的交易者而设计。
核心设计逻辑：
1秒级微观重构 (1S Precision) ：我不满足于直接调用现成的日线数据。脚本通过扫描 1秒 (1S) 微观颗粒度数据 来重构整个交易时段，确保 POC 和价值区的计算基准来自于最真实的成交细节。
15分钟周期硬限制 ：为了保证 1S 数据聚合的极致精度，本脚本仅限在 15分钟及以下周期 运行。在更长周期调用微观数据会导致精度大幅下降。作为开发者，我不允许“大约准确”的逻辑存在于我的系统里。
自适应视觉层级 (Fade & Limits) ：通过内置的 淡化强度 (Fade) 与 周期限制 (Limits) ，水位线会根据你当前的图表周期自动调节透明度或可见性。
可靠性设计 ：在 24/7 不间断的交易中，脚本的稳定性至关重要。我在代码底层加入了防御性设计（包括 98,000 数组容量熔断机制 ），旨在防止极端行情下的计算溢出或图表崩溃。我追求的是一个能让人放心的工具，若你在使用中发现任何问题，欢迎随时反馈，我们共同完善。
Feedback & Interaction:
As a personal project, this script is continuously refined. I welcome any bug reports or suggestions for improvement to make this tool even more robust for the community.
Compliance & Credits:
Author: structJCWL (Independent Developer & Trader)
License: Mozilla Public License 2.0 (MPL 2.0)
Attribution: Core data aggregation and state-machine logic are 100% original implementations Indicator
Golden Pocket ZonesGolden Pocket Zones: High-Probability Reaction Zones
⚙️ Identify High-Probability Reaction Zones: The script automatically scans daily price action to plot powerful support and resistance zones based on the Golden Pocket Fibonacci retracement (50%-61.8%). These are areas where price is statistically likely to react, providing traders with a map of key market levels.
✅ Native support for Gold, Forex, Crypto, Stocks, Crude oil.
📦 Dynamic & Self-Merging Zones: The indicator identifies Golden Pockets from significant daily candles and automatically merges overlapping zones. This process consolidates multiple levels into a single, stronger, and more reliable area of interest, reducing chart noise and highlighting the most critical price boundaries.
🎯 Volatility-Adaptive Zone Height: Zone height is calculated as a percentage of the 10-day Average Daily Range (ADR10). This ensures that the zones dynamically adapt to the current market volatility. In volatile conditions, zones are wider; in calm markets, they are tighter, always remaining relevant to the instrument being traded.
💪 Strength & Age Analysis: Each zone is automatically rated for strength (4-10) based on the size of the daily candle that created it relative to the ADR10. Larger candles produce stronger zones. The age of the zone (in days) is also displayed, allowing traders to assess its relevance over time.
🔥 Proximity Heatmap: Zones are color-coded with a dynamic heatmap. The closer the current price is to a zone, the "hotter" (more orange) the color becomes. This provides an immediate visual cue to pay attention as price approaches a key reaction area.
🌍 Universal Asset Compatibility: While the logic is exceptionally powerful for Gold (XAUUSD), the indicator is designed for universal application across Futures (NQ/ES), Forex, Cryptocurrencies (BTC), and US Stocks. The ADR-based calculations ensure its principles adapt seamlessly to any market.
📌Recommended Timeframes
📦While the zones are calculated from the Daily chart, they are most effectively used for executing trades on intraday timeframes. The recommended timeframes for monitoring price action and looking for confirmation signals are:
•M30 (30-Minute)•H1 (1-Hour)•H2 (2-Hour)•H4 (4-Hour)
How to Use the Golden Pocket Zones
🕒This indicator is designed to identify high-probability areas for price reactions, not to provide direct entry signals. The core strategy is to use these zones as a map and wait for price to confirm a reaction before making a trading decision.
Identifying High-Probability Reaction Zones
✅1.Load the Indicator: Apply the "Golden Pocket Zones" indicator to your chart. With default settings, it will analyze the last 20 daily candles to generate the zones.
🎯 2.Identify Key Levels: The plotted boxes are your key areas of interest. These represent significant historical support and resistance. A zone’s strength is indicated by its rating (e.g., "S: 8"), with higher numbers indicating a more significant level.
🥇3.Watch for Price Approach: As price action on your trading timeframe (e.g., M15, H1, H4) approaches one of these daily zones, it is entering a high-probability reaction area. The zone’s color will shift from yellow to orange, signaling proximity.
⚙️4.Look for Confirmation: This is the most critical step. Do not blindly trade just because price touches a zone. Instead, wait for a clear confirmation signal on a lower timeframe. This could be:
•Candlestick Patterns: A bullish engulfing pattern, a hammer, or a doji at a support zone.
•Chart Patterns: A double bottom forming within a zone or a breakout and retest of a smaller pattern.
•Divergence: Bullish or bearish divergence on an oscillator like RSI or MACD as price interacts with the zone.
Trading Strategy & Logic
📌 Entry Logic
1.Patience is Key: Allow price to travel to a pre-identified Golden Pocket Zone. Do not chase the market.
2.Wait for Confirmation: Once price enters the zone, switch to a lower timeframe (e.g., from H4 to M15) and wait for a clear entry signal (like a bullish candlestick pattern for a long trade at a support zone).
3.Enter on Confirmation: Execute your trade once your entry criteria are met. The zone itself provides the context for the trade.
🛑 Stop Loss (SL) Placement
•For a Long Trade (at a support zone): Place your stop loss a reasonable distance below the lower boundary of the zone. The zone itself acts as a buffer.
•For a Short Trade (at a resistance zone): Place your stop loss a reasonable distance above the upper boundary of the zone.
🎯 Take Profit (TP) Strategy
•Target the Next Zone: The most logical target is the next Golden Pocket Zone in the opposite direction of your trade. If you enter a long trade from a support zone, your primary target would be the next resistance zone above.
•Partial Profits: For larger moves, you can use Fibonacci extension levels or other support/resistance structures as intermediate targets to take partial profits.
Using Default Settings
The indicator is optimized to work well out of the box for most assets.
•Lookback Days = 20: This analyzes approximately one month of daily price action, providing a relevant and recent map of the market structure.
•Zone Height (% of ADR10) = 3.0: This provides a reasonably sized zone that is large enough to absorb noise but tight enough to be precise. It is an excellent starting point for all assets.
•Min Candle Size (% of ADR10) = 60.0: This is a crucial filter. It ensures that only days with significant price movement (at least 60% of the average daily range) are used to create zones. This filters out insignificant, low-volatility days and focuses only on levels created by decisive market action.
By combining the powerful, automatically generated Golden Pocket Zones with patient observation and confirmation on lower timeframes, traders can significantly increase the probability of their trades across all major financial markets.
⚠️ IMPORTANT NOTICE
This indicator and the accompanying strategy are provided for educational purposes only. Trading financial markets involves substantial risk, and past performance is not indicative of future results. The logic described is based on a specific set of rules and does not guarantee profit. Always conduct your own analysis and risk management before entering any trade. The creators are not responsible for any financial losses incurred.
Indicator
ZenAlgo - ABCThis indicator identifies a three-point price structure (X, A, B) and projects proportional price levels forward from point B. It uses either automatically detected swing points or manually selected anchors and then builds a forward projection framework based on the relative movement between X and A.
1. Anchor Point Selection (X, A, B)
The script first determines three key price points that define the reference movement.
Automatic mode
When manual anchors are disabled, the indicator scans historical bars to detect local highs and lows using a fixed number of bars on the left and right side. A pivot high is confirmed only after enough future bars exist, and the same applies to pivot lows. This avoids using information that is not yet available in real time.
Detected pivots are stored in sequence:
The previous confirmed pivot becomes X
The next confirmed pivot becomes A
The most recent confirmed pivot becomes B
To avoid repeatedly using the same type of pivot, the script alternates between highs and lows. This ensures that X, A, and B always represent a swing structure instead of a flat sequence.
Manual mode
When manual anchors are enabled, the user defines three timestamps. The script captures the price and bar index at those times. After all three points are collected, the script adjusts them to represent true extremes inside their bars. Depending on direction, it replaces closes with highs or lows so that X and A form a valid swing, and B represents a corrective endpoint.
If manual anchors are incomplete, the script falls back to the automatic pivots.
2. Validation and Direction Detection
After anchors are collected, the script checks whether all three points are available. If any of them is missing, no projection is drawn.
When X, A, and B exist, the script determines the directional context:
If A is above X, the structure is treated as bullish
If A is below X, the structure is treated as bearish
The vertical distance between X and A defines the reference movement. This distance is treated as the base unit for all further projections.
This approach assumes that the impulse move from X to A represents the dominant directional leg, and that B represents a retracement or pause within that structure.
3. Projection Calculation
All projected levels are derived from the difference between X and A and are applied starting from point B.
For each predefined ratio:
In bullish structures, the distance from X to A is added upward from B
In bearish structures, the distance is subtracted downward from B
This produces a set of horizontal price levels that are proportional to the initial impulse.
No fixed price values are used. All levels scale automatically with market volatility and with the size of the X–A movement.
4. Configurable Levels and Naming
The indicator defines a list of projection ratios that represent retracement, extension, and continuation zones. Each level can be enabled or disabled and has an adjustable color and transparency.
Each level may be displayed in two ways:
As a descriptive name combined with the ratio
As a numeric ratio combined with the projected price
The naming system maps specific ratios to semantic labels such as base, entry, intermediate targets, main target, and extended continuation levels. These names are fixed in the script and reflect their relative position in the projection structure.
5. Visual Construction
On the most recent bar, the script clears all previously drawn elements and rebuilds the full structure.
It then draws:
A dashed line from X to A and from A to B to visualize the underlying swing
Labels at X, A, and B with direction-aware placement
Horizontal lines from B into the future for each enabled level
Text labels at the end of each level line
All level lines extend a configurable number of bars to the right of the current bar, creating a forward projection area.
Transparency values are fixed to maintain visual consistency and to avoid obscuring price action.
6. Zone Construction
In addition to individual lines, the script can draw shaded zones between selected pairs of levels.
These zones include:
A retracement zone between two closely spaced mid-range ratios
A target zone between the main extension levels
An extended continuation zone above or below the main target
Zones are drawn as semi-transparent rectangles from point B to the right extension limit. Their vertical boundaries are defined by the corresponding projected levels.
These zones highlight areas where price interaction with multiple proportional levels is expected.
7. Display and Update Logic
The drawing process runs only on the most recent bar. This prevents excessive historical objects and ensures that projections always reflect the latest confirmed X, A, and B.
All graphical objects are stored internally and deleted before redrawing. This avoids overlap and keeps the chart synchronized with the current structure.
8. Interpretation of Levels
The projected levels represent proportional price distances derived from the prior impulse.
They should be interpreted as:
Reference zones for potential reactions
Areas of interest for continuation or exhaustion
Context for managing existing positions
Lower ratios correspond to shallow projections near B. Higher ratios correspond to extended moves away from B.
No level represents a guaranteed support or resistance. All values are conditional on the validity of the underlying X–A–B structure.
9. Practical Usage
Typical usage follows this workflow:
Wait for the script to confirm X, A, and B
Observe whether the structure is bullish or bearish
Use projected levels as reference for planning entries, exits, and risk placement
Re-evaluate when a new pivot replaces X, A, or B
Manual anchors can be used when the user wants to enforce a specific structure that differs from the automatic pivot logic.
The indicator is designed for contextual analysis rather than standalone signal generation.
10. Limitations and Disclaimers
This indicator depends on confirmed pivots. In fast or highly volatile markets, pivot confirmation can lag, which delays projections.
Structures may be invalidated when:
Price forms new extremes before a pivot is confirmed
Market conditions change abruptly
Range-bound markets produce frequent small pivots
In such conditions, projected levels may shift frequently or lose relevance.
The method assumes that past impulse size is a meaningful reference for future movement. This assumption does not hold in all market regimes.
The indicator does not incorporate volume, order flow, trend filters, or volatility regimes. It should therefore be combined with additional analysis.
11. Relationship to Manual Fibonacci and ABC Tools
Unlike standard manual Fibonacci retracement or projection tools, this indicator does not rely on subjective anchor placement. In automatic mode, swing points are selected using a fixed pivot detection process, which enforces consistent structural rules.
Anchor points are derived from confirmed price pivots instead of manual selection
The X–A–B structure is maintained automatically as new swings form
All projection levels and zones are recalculated and redrawn dynamically
This removes the need for repeated manual adjustments when market structure changes.
Compared to typical ABC projection tools, the script formalizes the entire workflow. The selection of reference points, the construction of proportional levels, and the management of graphical objects are handled programmatically. This prevents inconsistent anchor choices, reduces user interpretation bias, and ensures that projections always reflect the most recent validated structure.
The integrated zone construction further extends standard projection methods by grouping related levels into continuous price regions, rather than displaying only isolated horizontal lines.
Summary
This script identifies swing-based X–A–B structures using confirmed pivots or manual anchors, measures the impulse between X and A, and projects proportional levels from B. All displayed lines and zones are derived from this single reference movement and update dynamically as new pivots appear. The indicator provides a structured projection framework based on historical price geometry rather than predictive signals.
Indicator
Liquidation Heatmap by RumiancevLiquidation Heatmap by Rumiancev
Overview
Liquidation Heatmap is an open-source visual map of estimated liquidation zones built from activity spikes .
When the script detects an unusually large spike, it projects liquidation levels for multiple leverage tiers and aggregates them into horizontal price “bins”. Each bin accumulates weight over time and is displayed as a color gradient:
• Brighter / hotter = higher accumulated weight
• Darker / colder = lower accumulated weight
Important: This is not an exchange liquidation feed and it does not display “real liquidation prices”. It is a proxy model designed to visualize where liquidation pressure could be clustering based on abnormal market activity.
Why BTCUSDT.P is recommended
For the most consistent and “liquidation-relevant” behavior, use a perpetual futures symbol such as BTCUSDT.P .
Perpetual markets provide Open Interest , so the script can use OI Delta (change in OI) as the spike stream. OI delta typically reflects leveraged positioning changes (build-up / flushes) more directly than spot volume.
• On perpetuals → OI data is available → spikes are usually cleaner for this model
• On spot → OI is not available → the script may fall back to volume, which can be noisier
If needed, set OI Symbol Override manually (examples are shown in the input tooltip).
How it works (logic)
1) Select a spike stream
• AUTO : uses OI Delta if available, otherwise Volume
• OI : forces OI Delta
• VOL : forces Volume only
2) Detect spike events
The script measures abnormal activity using a Z-score style approach on the absolute stream:
• Spike Lookback defines the baseline window
• Sensitivity maps to a threshold (lower = more events, higher = fewer events)
• Min bars between events optionally reduces clustering on lower timeframes
3) Project liquidation prices
For each spike event, liquidation estimates are calculated for up to three leverage tiers:
• Long liquidations are projected below the reference price
• Short liquidations are projected above the reference price
4) Bin, accumulate, and colorize
Projected levels are snapped into bins using Bin Scale (ticks) .
Bin weight is accumulated and displayed as a gradient between Low density and High density .
5) Freeze on touch
When price touches a bin (wick or close, depending on settings), the bin is frozen :
• it stops updating
• it becomes dotted / high transparency
This keeps a lightweight history of zones that have been interacted with.
How to read the map
• Bins below price often represent potential long-liquidation pressure zones
• Bins above price often represent potential short-liquidation pressure zones
• Brighter bins = more accumulated spike weight → potentially more crowded zone
• Frozen dotted bins = price already touched that zone (historical interaction)
Timeframes (recommendations)
This indicator runs on any timeframe, but density/noise changes significantly.
Best balance (recommended):
• 15m / 1H / 4H — good signal-to-noise and clean structure
Higher timeframes (cleaner, fewer zones):
• 12H / 1D — fewer events, more “macro” zones
Lower timeframes (noisier by nature):
• 1m / 3m / 5m — more spikes and more bins
To reduce clutter on low TF, consider:
• increasing Sensitivity (e.g., 14–18)
• enabling Min bars between events (e.g., 10–30)
• increasing Bin Scale (ticks) (thicker bins → fewer levels)
• enabling Keep only local range bins
Inputs (what each setting does)
Source
• Source Mode : AUTO / VOL / OI
• OI Symbol Override : manual OI source if AUTO is not suitable
Event (Spike) Filter
• Spike Lookback : baseline window for mean/stdev
• Sensitivity : lower = more events, higher = fewer events
• Use high/low for touch test : wick-based touches
• Min bars between events : reduces spike clustering
Liquidation Levels (bins)
• Reference Price : base price for projections (close/hl2/etc.)
• Leverage 1/2/3 : leverage tiers (set to 0 to disable any tier)
• Bin Scale (ticks) : bin thickness (bigger = fewer bins)
• Extend (bars) : how long active bins extend
• Max active bins per side : cap for active bins
• Dispersion (%) : splits part of the weight to the opposite side
• Keep only local range bins + Local range lookback : trims bins far from recent range
Visual
• Gradient colors, frozen transparency, legend, and debug marker
Limitations / Disclaimer
This script is provided for research and educational purposes only . It is not financial advice .
The plotted zones are estimates derived from a simplified model (spike detection + leverage projections). Results depend on symbol, exchange data availability (OI), and timeframe.
Indicator
Grid Bot Demonstrator🚀 Grid Bot Demonstrator
Overview
The Grid Bot Demonstrator is a high-performance visualization tool designed for traders utilizing Grid Trading strategies (similar to Pionex, Binance, or KuCoin).
It allows you to simulate and visualize a grid bot's structure directly on your chart, enabling precise planning of ranges and grid density before deploying capital.
🛠 Key Features
Dynamic Auto-Range: When limits are set to 0, the indicator automatically calculates an optimal range (±10% from current price) rounded to the nearest $10,000—ideal for Bitcoin’s psychological levels.
Dual Mode Support: Seamlessly toggle between Long and Short strategies via a simple dropdown menu.
Intelligent Grid Coloring:
Long Mode: Green lines above price (Take Profit), Red lines below (Buy/Support).
Short Mode: Red lines above price (Entry/Stop), Green lines below (Take Profit).
Performance Optimized (Smart Window): Even with up to 500 grids , the chart remains fluid. The script renders only the 100 lines closest to the current price while maintaining perfect mathematical accuracy of the total grid count.
Boundary Protection: Features bold, distinct safety lines for the Upper and Lower limits so you know exactly when your bot leaves the active trading zone.
📖 How to Use
1. Grid Settings Enter your Upper and Lower price limits. Use "0" for the automated 10k-rounding logic.
2. Grid Count Set the number of grids (up to 500) to match your bot's specific configuration.
3. Strategy Mode Select "Long" or "Short" to instantly adapt the color coding to your trade direction.
4. Scalability Works across all timeframes, from 1-minute scalping to daily charts.
🔬 Technical Specifications
Grid Type: Arithmetic (Equal USD distance between levels).
Engine: Pine Script V5 with max_lines_count optimization.
Clarity: Focuses on visual price levels to provide a clean, distraction-free trading environment. Indicator
HTF Candle Projections [LuxAlgo]The HTF Candle Projections indicator projects recent and current higher timeframe candles onto the right side of the chart, providing a clear visualization of macro trends and internal candle composition.
🔶 USAGE
The tool is designed to bridge the gap between lower timeframe execution and higher timeframe context. By projecting HTF candles into the future space (right of the current bar), traders can maintain a clear perspective on the larger trend without constantly switching tabs.
🔹 HTF Trend Alignment
Traders can use the projected candles to ensure their lower timeframe (LTF) entries align with the broader market direction. For instance, a scalp trader might only look for long setups if the current projected Daily candle is bullish. This "Top-Down" filter helps traders avoid "fighting the trend" by providing a constant visual reminder of the HTF candle's polarity and momentum.
🔹 Anticipating Reversals & Level Origins
The indicator includes connection lines that trace back from the projected HTF wicks to the exact LTF bars that established the High and Low of that period. This allows traders to pinpoint the specific price action or "order block" responsible for the HTF extrema. If price returns to the origin of an HTF wick, traders can watch for a reaction, as these levels often represent areas of significant supply or demand.
🔹 Internal Sentiment Divergence
A unique feature of this script is the "Internal Sentiment Bars." These small bars inside the HTF candle body show the ratio of bullish vs. bearish LTF bars that make up that specific HTF candle.
If a bullish HTF candle has a high bearish sentiment bar, it suggests a "weak" or "grinding" trend where sellers are actively fighting the move, potentially signaling exhaustion.
Conversely, if the sentiment bars align strongly with the HTF candle direction (e.g., a bullish candle with almost entirely bullish sentiment), it indicates a high-conviction "power move" with little resistance.
🔹 Range Play & Breakouts
The indicator highlights the absolute highest high and lowest low of the entire projected sequence with solid connection lines. These lines define the current HTF trading range. Traders can use these boundaries to identify mean reversion opportunities within the range or to prepare for high-probability breakout trades once price moves beyond these absolute levels.
🔹 Visualizing Wick Development
By observing the live development of the current HTF candle, traders can see "wicking" behavior as it happens. If the current price is far from the HTF high but the connection line remains anchored there, it visually confirms a rejection from that level. This real-time feedback is crucial for identifying if an HTF candle is closing as a "Pin Bar" or "Shooting Star" before the timeframe actually expires.
🔶 DETAILS
The script uses a custom data structure to track the Open, High, Low, and Close of the selected timeframe. It also tracks the specific bar index of the highs and lows to draw the connection lines accurately. The absolute high and low of the entire projected sequence are highlighted with solid lines to identify the "Range High" and "Range Low" of the projected window.
🔶 SETTINGS
HTF Timeframe: Sets the higher timeframe to be projected (e.g., Daily, Weekly, Monthly).
Candle Width (Bars): Determines how many bars wide each projected candle appears on the right side of the chart.
Gap Between Candles: Sets the horizontal spacing between the projected HTF candles.
Number of HTF Candles: The total number of candles to project (previous completed candles + current live candle).
Show Internal Sentiment Bars: Toggles the visibility of the internal bull/bear composition bars.
🔹 Colors
HTF Bull/Bear Body: Adjusts the colors and transparency of the main projected candle bodies.
Sentiment Bull/Bear: Sets the color for the internal composition bars (ratio of LTF closes).
Wick Color: Customizes the color of the projected candle wicks.
Connection Line: Sets the color for the dotted lines connecting HTF wicks to their LTF origins.
Absolute High/Low Connection: Sets the color for the solid lines marking the highest and lowest points of the projected set.
Indicator
Mouchli Zone Projection ToolZone Projection Tool
The Problem: Manually drawing zones is tedious. You have to identify the consolidation, measure the distance, find the 50% line, and then manually clone/stack boxes up and down the chart. If you switch assets or timeframes, you have to do it all over again.
The Solution: This custom Pine Script automates the entire mathematical process. You simply define your two "Anchor Zones" (current support and resistance), and the script instantly builds the entire grid for you—perfectly spaced and optimized.
Key Features:
⚡ Automated Stacking: Input your bottom zone and top zone. The script calculates the exact center, determines the "grid step," and automatically projects zones UP and DOWN the chart.
📊 Multi-Asset Manager: Save your levels for up to 5 different assets (e.g., QQQ, ES, NVDA, SPY, BTC) in one single indicator. The script is smart—it automatically detects which chart you are looking at and loads the correct levels instantly.
🗓️ Daily & Weekly Overlays: Input both Daily Zones (Purple) and Weekly Zones (Orange) for the same asset. You can view them simultaneously to see where short-term and long-term structures overlap.
🎛️ Toggle Controls: Includes "Show/Hide" checkboxes for every zone set. Want to focus only on the Daily levels? Uncheck the Weekly box, and they disappear instantly without deleting your data.
📍 The "Halfway" Line: Automatically calculates and draws the dashed 50% transition line between every zone, identifying the "no-man's-land" where price often pivots.
How it works:
Add the indicator to your chart.
Open the Settings (gear icon).
Select your Ticker (e.g., Asset 1 = QQQ).
Enter your "Anchor" prices for Zone 1 (Support) and Zone 2 (Resistance).
Set your Projection UP and Projection DOWN counts to determine how far the grid extends.
The script will automatically draw the 50% lines and project the zones for you.
Indicator
Visual Trading ZonesVisual Trading Zones is a chart-based indicator designed to display clear and structured price zones using evenly spaced levels.
The indicator automatically builds horizontal zones across the visible price range and helps traders visually identify potential areas of interest such as support, resistance, and reaction zones.
Key Features
Displays horizontal price zones with a fixed step
Optional main levels and sub-levels inside each zone
Clean and minimal visual presentation
Works on any market and timeframe
Fully customizable colors, line styles, and zone transparency
No signals, no alerts — purely visual analysis tool
How It Works
Price zones are constructed using a user-defined step size.
Each zone is visually highlighted, allowing traders to quickly see how price interacts with these areas over time.
The indicator does not repaint and does not generate trading signals.
It is intended to be used as a visual framework alongside any trading strategy.
Recommended Use
Identifying potential support and resistance zones
Market structure and range analysis
Confluence with price action, indicators, or volume tools
⚙️ Settings Overview
Step — distance between price zones
Step Unit — ticks or pips (for FX instruments)
SubLevels — number of internal levels within each zone
Show Zones / Lines / Prices — visual display options
Range Bars — number of bars used to build zones
Style Settings — colors, line styles, transparency Indicator
ICT Daily Wick QuadrantsICT Daily Wick Quadrants - Advanced Fibonacci Level Indicator
Overview
The ICT Daily Wick Quadrants indicator is a professional-grade PulseWire tool designed for traders following the Inner Circle Trader (ICT) methodology. It automatically calculates and displays precise Fibonacci retracement levels within the daily candle wicks, providing key intraday support and resistance zones that price frequently reacts to during trading sessions.
This indicator identifies premium and discount zones within both upper and lower daily wicks, offering traders critical reference points for entries, exits, and stop-loss placement based on institutional order flow concepts.
Key Features
🎯 Dual Time Mode System
ICT Day Mode (00:00 EST): Follows the ICT standard with midnight EST as day opening and 23:59 EST as closing
Custom Time Mode: Fully customizable day opening/closing hours and minutes for any trading session (London, Tokyo, Sydney, etc.)
Perfect for traders in different time zones or following specific market sessions
📊 Five Customizable Fibonacci Levels
Level 0% (Base): Wick origin at body extremity
Level 25%: First quartile - common liquidity zone
Level 50%: Equilibrium - strongest reaction level
Level 75%: Third quartile - institutional entry zone
Level 100% (Extremity): Full wick extension - stop hunt level
Each level's percentage value is fully adjustable from 0.0 to 1.0, allowing complete customization for your trading strategy.
🎨 Separate Styling for Previous Day vs. Older Days
Previous Day Lines (Most Recent Complete Day):
Dedicated color palette with higher visibility
Individual line thickness settings (1-10 pixels)
Independent line styles (Solid, Dashed, Dotted)
Brighter colors and thicker lines for immediate focus
Older Days Lines (Historical Days):
Separate color scheme with increased transparency
Thinner lines to reduce chart clutter
Distinct styling options to differentiate from current levels
Perfect for multi-day analysis while maintaining clarity
📍 Smart Line Display System
Follow Current Bar: Lines dynamically extend to the current candle position
Bars Forward Offset: Extend lines ahead of current bar (-50 to +200 bars)
Bars Backward Offset: Start lines X bars after day opening (0 to 100 bars)
Complete Day Filter: Option to show only fully closed days (excludes incomplete current day)
This ensures your chart stays clean and focused on actionable levels relevant to your current trading position.
🏷️ Advanced Label Customization
Template Builder:
Fully customizable label templates with dynamic tags
Available tags: {day}, {type}, {level}, {price}, {date}, {time}
Mix and match to create your perfect label format
Content Options:
Day information with multiple formats (D#, Day #, DD/MM, etc.)
Wick type display (UW/LW, Upper/Lower, ↑/↓, etc.)
Percentage levels with formatting options
Price display with custom formats
Optional date and time information
Custom prefix/suffix text
Custom symbols for upper/lower wicks
Label Positioning:
Right or Left placement
Size options: Auto, Tiny, Small, Normal, Large, Huge
Separate text colors for each Fibonacci level
Independent colors for Previous Day vs. Older Days
📱 Real-Time Info Panel
Displays current indicator mode (ICT or Custom time)
Shows current bar index for reference
Displays forward and backward offsets
Counts bars within current day
Day close status indicator (Yes ✓ / No ✗)
Four position options: Top Right, Top Left, Bottom Right, Bottom Left
🎛️ Individual Line Control
Every Fibonacci level has independent settings:
Color: Full RGB with transparency control
Style: Solid, Dashed, or Dotted
Width: 1 to 10 pixels thickness
Visibility: Toggle individual levels on/off
Separate settings exist for Previous Day and Older Days, giving you complete visual hierarchy control.
Trading Applications
ICT Concepts Supported
Premium/Discount Arrays: Upper wick = premium zone, Lower wick = discount zone
Liquidity Zones: 50% level often marks institutional interest
Stop Hunts: 100% level shows where stops were taken
Fair Value Gaps: Identify FVGs in relation to daily wick quadrants
Order Blocks: Combine with OB analysis at 25% and 75% levels
Optimal Trade Entries: Enter on retracements to wick equilibrium
Strategy Ideas
Reversal Trades: Enter when price taps 50% of previous day's wick
Continuation Entries: Use 25%/75% levels as entry confirmation zones
Stop Placement: Set stops beyond 100% level for protection
Target Setting: Use opposite wick's 50% level as profit target
Trend Filter: Multiple days showing similar wick structures indicate strong directional bias
Unique Advantages
✅ No Manual Drawing: Automatic calculation on every timeframe
✅ Multi-Day Analysis: Display up to 10 days simultaneously
✅ Zero Lag: Levels appear as soon as day closes
✅ Clean Charts: Smart filtering keeps only relevant levels visible
✅ Full Customization: Every visual element is adjustable
✅ Performance Optimized: Efficient code handles 500+ lines without lag
✅ Time Zone Flexibility: Works perfectly for any global market
Technical Specifications
Max Lines: 500 (configurable)
Max Labels: 500 (configurable)
Timeframe: Works on all intraday timeframes (1M to 4H recommended)
Days Display: 1 to 10 days (configurable)
Update Frequency: Real-time on every bar
Overlay: True (displays directly on price chart)
Best Practices
For Scalpers (1M-5M): Show only Previous Day with 50% level highlighted
For Day Traders (5M-15M): Show 2-3 days with all levels visible
For Swing Traders (1H-4H): Show 5-10 days with thinner older day lines
For ICT Students: Use default settings aligned with ICT 00:00 EST standard
For Session Traders: Set custom times matching your preferred session
Why This Indicator?
Unlike standard Fibonacci tools that require manual drawing and guesswork, the ICT Daily Wick Quadrants indicator:
Eliminates human error in level placement
Automatically updates with each new trading day
Provides consistent, objective reference points
Separates current actionable levels from historical context
Saves hours of manual chart preparation
Integrates seamlessly with ICT trading methodology
Whether you're an experienced ICT trader or exploring institutional concepts, this indicator provides the precision and flexibility needed for professional-grade technical analysis.
Perfect For
✓ ICT Methodology Traders
✓ Smart Money Concepts (SMC) Practitioners
✓ Intraday Forex & Futures Traders
✓ Order Flow Analysis Enthusiasts
✓ Institutional Trading Style Followers
✓ Traders Seeking Objective Key Levels Indicator
PinBar Finder by cryptokazancevEnglish description:
This script helps traders identify high-probability reversal points based on price action, specifically Pin Bars — a well-known candlestick pattern used in technical analysis.
What does the indicator do?
It detects bullish and bearish Pin Bars using a custom method for wick-to-body ratio and filters based on historical volatility (pseudo-ATR). A label appears on the chart with detailed info on wick and body size when a valid signal is found.
How does it work?
- The indicator calculates a pseudo-ATR based on the percentage range of the last 1000 candles.
- It then multiplies this value by a user-defined factor (default: 1.1) to set a dynamic threshold for wick size.
- Bullish Pin Bars are detected when the lower wick is at least 1.1 times the body and greater than the dynamic ATR.
- Bearish Pin Bars are detected when the upper wick meets similar conditions.
- Signals are shown using chart labels with exact wick/body percentages.
- Alerts are included for automation or integration with trading bots.
How to use it?
- Add the indicator to any timeframe and asset.
- Use the alerts to notify you when a Pin Bar appears.
- Ideal for traders who use candlestick reversal strategies or combine price action with other confluence tools.
- You can adjust the wick length multiplier to fit the volatility of the instrument.
What makes it original?
Unlike many public scripts that use fixed ratios, this script adapts wick length detection based on recent volatility (pseudo-ATR logic). This makes it more dynamic and suitable for different markets and timeframes.
Описание на русском:
Этот скрипт помогает трейдерам находить точки потенциального разворота на основе прайс-экшена, а именно — свечного паттерна «Пин-бар». Индикатор автоматически определяет бычьи и медвежьи пин-бары с учетом адаптивных параметров волатильности.
Что делает индикатор?
Скрипт ищет свечи, у которых тень в несколько раз превышает тело (пин-бары), и отображает на графике точную информацию о длине тела и тени. Это полезно для трейдеров, использующих свечные сигналы на разворот.
Как работает?
- Рассчитывается псевдо-ATR по 1000 последним свечам на основе процентного диапазона high-low.
- Этот ATR умножается на заданный множитель (по умолчанию: 1.1), чтобы динамически задать минимальную длину тени.
- Бычий пин-бар определяется, когда нижняя тень больше тела в 1.1 раза и превышает ATR.
- Медвежий пин-бар — аналогично, но для верхней тени.
- Индикатор отображает лейблы с точными значениями тела и тени.
- Реализованы условия для оповещений (alerts).
Как использовать?
- Добавьте индикатор на нужный график и таймфрейм.
- Настройте alerts, чтобы не пропустить сигналы.
- Особенно полезен для трейдеров, работающих со свечным анализом, стратегиями разворота, а также в сочетании с другими индикаторами.
В чем оригинальность?
В отличие от многих скриптов, использующих фиксированные параметры, здесь используется динамический расчет длины тени на основе волатильности. Это делает скрипт адаптивным к рынку и таймфрейму. Indicator
Interest Zones by cryptokazancevEnglish Description.
🧠 What This Script Does
This script automatically detects price interest zones — areas where the price repeatedly reacts by forming local swing highs or lows, suggesting heightened supply/demand or market attention. It uses a custom volatility-adjusted range (pseudo-ATR) to dynamically group significant swing points and highlights these zones visually on the chart.
The script is not a mashup or copy of built-in indicators. It’s an original implementation that performs a meaningful calculation based on market structure and volatility to help traders identify important price areas.
⚙️ How It Works
1. Swing Point Detection:
The script identifies swing highs and lows using a configurable lookback window.
2. Zone Candidate Evaluation:
Each swing is checked against a custom zone width (based on ATR and your multiplier). If multiple swings fall within this range, it’s marked as a potential zone.
3. Filtering:
The script keeps only those zones that:
• Contain at least a user-defined number of swing points.
• Do not overlap with stronger (higher swing count) zones.
4. Visualization:
• The strongest zones are drawn as semi-transparent boxes.
• Zones are limited by time (last X candles).
• Optional: Swing highs/lows can be shown on chart.
📊 How to Use
• Use it on any timeframe or asset to identify price regions of interest.
• Combine with volume, trend, or candlestick analysis for entries/exits.
• The number of touches (swing points in a zone) gives insight into zone significance.
This tool is particularly useful for identifying support/resistance areas based on actual price structure rather than arbitrary levels.
🔧 Settings
• Swing Lookback Period: Controls how many candles on each side of a pivot the script checks to detect a local high/low.
• Zone Width Multiplier: Adjusts the volatility-based range. Larger values create wider zones.
• Min Swing Count: Zones with fewer swing points than this won't be shown.
• Max Zones Displayed: Limits the number of zones shown on screen.
• Max Candles for Analysis: Old swing points beyond this range are ignored.
📌 Notes
• No third-party code or mashups used.
• This is a standalone implementation of a concept similar to market structure mapping, tailored to be dynamic and responsive to volatility.
• Ideal for traders who prefer clean, price-action-based analysis.
🇷🇺 Русское описание
🧠 Что делает этот индикатор:
Индикатор автоматически определяет зоны интереса цены — области, где цена многократно формирует локальные максимумы или минимумы (свинги). Эти зоны могут сигнализировать о повышенном внимании рынка, предложении или спросе. Скрипт использует псевдо-ATR (волатильность на основе среднего диапазона), чтобы динамически определять такие области и выделяет их на графике.
Это не копия стандартных индикаторов и не микс чужих скриптов — это оригинальная разработка, полезная для всех, кто ищет автоматическую разметку важных ценовых уровней.
⚙️ Как работает индикатор
1. Поиск свинг-точек:
Определяются локальные экстремумы с учетом указанного периода.
2. Формирование кандидатов в зоны:
Каждая свинг-точка проверяется, есть ли в её диапазоне другие свинги. Если таких достаточно — зона считается потенциальной.
3. Фильтрация зон:
• Учитываются только зоны с минимумом заданных свингов.
• Перекрывающиеся зоны удаляются в пользу более значимых.
4. Визуализация:
• Отображаются зоны с наибольшим числом касаний.
• Зоны ограничиваются последними X свечами.
• При желании можно отобразить сами свинг-точки.
📊 Как использовать
• Работает на любом таймфрейме и инструменте.
• Используйте совместно с объёмами, трендом или свечным анализом.
• Количество касаний помогает оценить важность зоны.
Полезен тем, кто предпочитает анализ на основе структуры цены, а не произвольных уровней.
🔧 Настройки
• Период свингов: Сколько свечей учитывается по бокам для поиска экстремумов.
• Множитель зоны: Увеличивает диапазон зоны на основе волатильности.
• Мин. количество свингов: Минимум точек в зоне для её отображения.
• Макс. зон на графике: Ограничение по количеству отображаемых зон.
• Макс. свечей анализа: Старые точки за пределами не учитываются.
📌 Примечания
• Не содержит чужих индикаторов или шаблонов.
• Самостоятельная реализация механизма анализа структуры рынка. Indicator
Indicator
Intraday Refuges/Shelters (RID)==========================================
RID (INTRADAY SHELTERS/REFUGES) INDICATOR
==========================================
*Fair warning: this may be more words than a humble, simple indicator truly
needs… but Claude insisted.
// ** INTRODUCTION ** //
RID (Intraday Shelters/Refuges) is a lightweight, fast, and easy-to-implement
indicator designed for monitoring price action on intraday timeframes — the same
ones used by institutional operators to execute their trades within each market session.
The indicator generates a framework of support and resistance levels automatically
calculated from the asset's Daily Opening Price (D.O.P.). These levels are established
using fixed percentages that have proven their effectiveness in institutional trading
for decades, constituting "textbook" references widely adopted by market professionals.
RID integrates as an optional module within our Weekly Shelters (RS) indicator, allowing
the operator to simultaneously control their weekly positions and, when conditions warrant,
move down to intraday operations without loading additional indicators or losing sight
of the higher timeframe.
// ** INDICATOR FUNDAMENTALS ** //
The foundation of RID rests on a proven market principle: the daily opening price acts
as a "psychological anchor" that influences participant behavior throughout the entire session.
Why does this method work?
• UNIVERSAL REFERENCE POINT: The daily opening price is objective data, visible to all
market participants simultaneously. Institutions, algorithms, and retail traders use it
as a common reference to calibrate their decisions.
• STANDARD PERCENTAGE LEVELS: The percentages used (0.382%, 1.0%, 1.5%, 2.0%, 2.5% and
extensions) are not arbitrary. They represent intraday volatility thresholds that have
historically acted as inflection points across multiple asset classes.
• SELF-FULFILLING PROPHECY EFFECT: When a critical mass of operators place orders at the
same percentage levels —whether for profit-taking, protective stops, or entries—
these levels become high-probability price reaction zones.
• INSTITUTIONAL RISK MANAGEMENT: Institutional trading desks frequently define their daily
loss limits and profit targets in percentage terms relative to the open. RID captures
this logic and makes it visible for retail operators.
The ±0.382% level deserves special mention: it's a derivation of the Fibonacci golden ratio
(0.382) applied to the intraday context, representing the first significant movement threshold
from the opening.
// ** INDICATOR OBJECTIVES ** //
1) Facilitate manual intraday trade execution by providing a framework of target prices
established under a scheme of mathematical certainty, eliminating subjectivity in
defining entries, exits, and stops.
2) Serve as a lightweight and modular tool, easily integrable —either as an overlay or
source code— with strategies and indicators specialized in intraday trade execution,
both manual and automated.
3) Provide a visual reference framework that allows the operator to quickly assess the
intraday market "temperature": Is price near a key support or resistance? Has it already
reached the session's typical movement target? Is it time to seek entries or protect profits?
// ** INDICATOR TECHNICAL FEATURES ** //
• 21 CONFIGURABLE LEVELS: 11 main levels (±0.382%, ±1.0%, ±1.5%, ±2.0%, ±2.5% and D.O.P.)
plus 10 extended levels (±3.0% to ±5.0%) for high volatility sessions. Each level can
be individually enabled or disabled according to operator needs.
• AUTOMATIC D.O.P. DETECTION: The indicator automatically identifies the start of each daily
session and captures the opening price without user intervention.
• CONFIGURABLE HISTORY LIMIT: Option to limit processing to the last N days (default: 3),
optimizing performance on very low timeframes (1m, 5m) where excess historical data can
slow down the chart.
• PROFESSIONAL VISUALIZATION: Labels with formatted price (thousands separators) and
percentage, placeable with configurable offset. The D.O.P. level (0%) is highlighted
with differentiated width.
• VERTICAL REFERENCE LINES: From D.O.P. to each level, facilitating visualization of the
percentage distance traveled.
• FULL CUSTOMIZATION: Colors, widths, line styles (solid, dashed, dotted), label opacity,
and forward extension fully adjustable.
• PRICE SCALE INTEGRATION: Levels can be displayed on the right margin of PulseWire,
controllable from the indicator's Style tab.
• BAR REPLAY COMPATIBILITY: Works perfectly with Bar Replay for back-testing
intraday strategies.
• OPTIMIZED PERFORMANCE: Efficient architecture with persistent arrays and intelligent
updating, suitable for timeframes down to 1 minute.
// ** OPERATING INSTRUCTIONS ** //
INITIAL SETUP:
1) Load the indicator on a chart with 4H or lower timeframe (1H, 30m, 15m, 5m, 1m).
2) Enable "Limit history by days" and adjust "Maximum days to display" according to your needs:
• For scalping (1m-5m): 1-2 days
• For day trading (15m-1H): 2-3 days
• For intraday swing (4H): 3-5 days
OPERATIONAL USE:
3) Identify the D.O.P. (0% line): This is your central reference point for the session.
4) Observe current price position relative to levels:
• Price above D.O.P. → Session with bullish bias
• Price below D.O.P. → Session with bearish bias
5) Use levels as:
• ENTRIES: Look for reversal signals when price reaches S1-S5 (buys) or R1-R5 (sells)
• TARGETS: Set take-profits at the next resistance level (longs) or support (shorts)
• STOPS: Place protective stops beyond the immediate opposite level
PRACTICAL RULES:
6) The ±1.0% and ±2.0% levels are historically most respected; prioritize them.
7) If price exceeds ±2.5% from open, it might be time to take profits and close your position
or consider enabling extended levels (±3.0% to ±5.0%).
8) High volatility days (news, earnings): wait for price to respect at least one level
before trading in its direction.
9) Combine RID with other indicators from our ecosystem (RS, RMP, RLP/RLPS) to confirm level
confluence across multiple timeframes.
VISUAL OPTIMIZATION:
10) For clean charts: keep enabled only main levels (±0.382% to ±2.5%).
11) For detailed volatile asset analysis: also enable extended levels.
12) Adjust "Label margin" to prevent overlap with current price.
// ** INTEGRATION WITH OTHER SHELTER VALUE INDICATORS ** //
RID is part of a complete shelter-based analysis ecosystem we have developed:
• RLP (Long-Term Shelters): For automatic determination of the preponderant phase
of a Zigzag, which institutional investors choose as the base of a Fibo whose
levels calculate order placement projection over the following months and years.
• RLPS (Simplified Long-Term Shelters): Simplified version of RLP where known
coordinates of the preponderant phase are captured, obtained through own analysis
or automatically with the RLP indicator.
• RMP (Medium-Term Shelters): Provides psychological shelter and resistance levels
that institutional investors establish at the beginning of each year. They
constitute the main framework used by professionals to plan operations
throughout the year.
• RS (Weekly Shelters): For short-term tactical analysis (4H, 1H) based on selected
phases of one or two Zigzags that define Fibo tracing, over recent major and minor
degree pauses, whose levels take effect during the current and following weeks.
• RID (Intraday Shelters): This indicator. For intraday operations based on levels
calculated from daily opening price, designed for 4H or lower timeframes,
including scalping strategies.
By combining RID with RLP/RLPS, RMP and RS, a multilevel scaffolding is built that
allows trading with clarity on any time horizon, from minute positions to operations
projected over months and years.
// ** NOTES ** //
• All comments regarding detected errors and improvement suggestions are welcome and deeply appreciated. Your feedback helps us refine these tools.
• To our Hispanic speaking friends, we sincerely regret to inform you that we have not
included the Spanish translation in the published version, due to our latent concern
regarding the ambiguous rules about prohibitions on publishing indicators documented
or described in languages other than English.
• Sharing is motivating because there’s no better way to receive genuine feedback
of real acceptance.
• RECOMMENDED VALIDATION METHOD: Use PulseWire's Bar Replay to verify, session by
session, how price of your favorite asset interacts with RID levels. This personal
validation will give you statistical confidence before incorporating the indicator
into your actual trading.
Happy hunting in this magnificent jungle!
Indicator
Indicator
[CT] ORB SuiteThis indicator is an Opening Range first tool that also includes an Initial Balance framework, breakout detection, and a full target and alerting package. It is designed to define a clean Opening Range at the start of the regular trading session and then turn that range into an actionable breakout structure by plotting the key levels, projecting measured targets, and visually confirming the exact breakout candle on your chart. The Opening Range component can be configured as either the first bar of the session or a true time-based duration, such as 1, 2, 5, 10, 15, 30 minutes, or 1 hour, which lets you standardize the opening structure across different chart timeframes without needing to “count bars.” As price prints during the Opening Range window, the script continuously updates the OR high and OR low, then locks those levels once the window closes so you have a stable reference for the rest of the session. The OR area can be shaded for quick visual recognition, and an optional OR midpoint line and label can be displayed to help you judge whether price is accepting above the middle of the range or failing back through it.
Once the Opening Range is formed, the script upgrades the workflow by adding breakout qualification rules that you can control. You can choose confirmation based on a body cross, a close cross, or a close above or below the range boundary, which is a meaningful improvement over simple “touch” logic because it helps reduce false signals and makes the breakout trigger more consistent with how you actually trade. When a breakout is confirmed, the indicator can highlight the breakout candle itself so there is no ambiguity about which bar triggered the signal. You can highlight the candle body, the chart background, or both, and you can select separate colors for long and short breakouts. This makes chart review and live decision-making cleaner because you can immediately see where the breakout truly occurred instead of guessing between several candles that probed the level.
The next major upgrade is the breakout target system. After a long breakout, targets are calculated as true multiples of the Opening Range size, starting from the OR high and projecting upward by the selected multiples. After a short breakout, targets are calculated from the OR low and projected downward by the same multiple logic. By default, the script supports four take-profit targets, TP1 through TP4, with sensible preset multiples that step outward in a structured way, but you can customize each multiple to match your instrument and style. This target system is a practical enhancement because it provides objective, range-based profit-taking levels that align with common intraday expansion behavior rather than arbitrary fixed tick offsets. You also get full control over whether the target lines and labels appear only after a breakout triggers, which keeps the chart clean and prevents “pre-biasing,” or whether you want to see projected targets in both directions before the breakout occurs for planning and scenario mapping. In addition, the target hit detection is configurable so you can decide whether a target is considered “hit” by a simple high or low touch or only after a close crosses the target, which is important for traders who want stricter confirmation and cleaner backtesting logic.
Beyond the OR and targets, the indicator includes a complete Initial Balance module as an additional layer of structure. The IB duration is selectable and independent, and the script can plot IB high, IB low, and an optional IB midpoint, with optional fill shading to make the balance area obvious. A key upgrade here is the ability to base the breakout targets on either the Opening Range or the Initial Balance. This means you can run a pure OR breakout playbook, a pure IB breakout playbook, or compare both structures on the same session without changing indicators. This flexibility matters because OR breakouts tend to be more sensitive and earlier, while IB-based levels often better reflect the session’s early balance and can produce more stable expansion targets.
Another major improvement is the history and session management. The script can freeze all drawings at the end of the session so lines and fills do not incorrectly extend into the next day, and it can optionally keep a configurable amount of history, such as the last 20 sessions, so you can study how price reacts to prior OR and IB structures. You also have control over whether IB should be included in that stored history, which helps if you want a cleaner chart while still retaining the OR context. To support different chart themes and personal preferences, label styling is expanded with controls for label background colors, text colors, transparency, and horizontal offsets, so the levels remain readable without covering price action.
Finally, the alerting system is upgraded into a full set of actionable events. The indicator can generate alerts for session open and session close, for the moment the Initial Balance forms, for the moment the Opening Range forms, for long and short breakouts, and for each target hit from TP1 through TP4. Alerts can be used in standard alertcondition form or as dynamic alert() calls that include price-filled messages, which is a practical enhancement for traders who want their phone or desktop notifications to contain the exact level values rather than generic labels.
This script is a derivative work built on the original Initial Balance foundation authored by © czoa under the Mozilla Public License 2.0, with extensive additions and improvements by © ChaosTrader63 to expand it into a complete Opening Range and Initial Balance breakout suite. The core upgrades are the configurable time-based Opening Range, breakout candle highlighting, multi-target measured range projections through TP4 with optional pre-projection behavior, stricter breakout confirmation modes, target hit rules, richer history controls, stronger label customization, and a comprehensive alert system that turns the session structure into a usable trade planning and execution framework directly on PulseWire. Indicator
RLPS -Simplified Long-Term Support/Resistance Levels (Shelters)// Introduction //
RLPS (Simplified Long-Term Shelters) is a streamlined indicator designed for traders who have already identified the preponderant long-term phase of their assets and want to efficiently track multiple assets using pre-calculated Fibonacci levels.
IMPORTANT: Before using this indicator, you need to have determined the date-price coordinates of the preponderant phase (i0→i1 pivots) for your asset(s). These coordinates can be obtained using our master RLP indicator (Long-Term Shelters), which automatically helps to calculates them, or through your own research and analysis.
// Theoretical Foundation //
Many traditional institutional investors use the latest higher-degree market phase that stands out from others (longest duration and greatest price change on daily timeframe) to base a Fibonacci retracement on whose levels they open long-term positions. These positions can remain open to be activated in the future even years in advance. The phase is considered valid until a new, more preponderant phase develops over time.
RLPS allows you to manually input these pre-identified phase coordinates and draw Fibonacci levels that serve as Long-Term Shelter Levels—marking future trading points (entries, exits, risk management) that remain valid for months and even years.
// Key Features //
• Supports up to 5 different assets with permanently stored phase coordinates
• Dropdown selector to quickly switch between configured assets
• No ZigZag calculation required—user provides pre-calculated coordinates
• Timeframe-agnostic: levels remain constant across all timeframes
• Works with any price source (exchange) regardless of historical data availability
• Asset Information table with visual validation (✅ Match / ❌ No Match)
• Long-Term Historical Prices (LTHP): add up to 5 psychological price levels per asset (historical highs/lows, annual opening prices, etc.)
• Customizable Fibonacci levels, colors, styles, and label formatting
• Logarithmic scale support for volatile assets like cryptocurrencies
// Quick Start Guide //
STEP 1: In PulseWire, select "Bitcoin / U.S. dollar" from Bitstamp Exchange (BITSTAMP:BTCUSD).
STEP 2: Configure the chart to Daily (D) timeframe.
STEP 3: Load the RLPS indicator. Initially no drawing appears (fields are empty by default).
STEP 4: Open indicator settings and activate "Practice Asset Data Table" in the GENERAL section.
STEP 5: A table appears with sample data for 5 assets. Locate "Bitcoin on Bitstamp":
- i0 Date: 2020-03-13 18:00 | i0 Price: 3850.0
- i1 Date: 2021-11-10 18:00 | i1 Price: 69000.0
STEP 6: Copy this data to "ASSET 1 - IDENTIFICATION AND DATE-PRICE PIVOT COORDINATES".
STEP 7: Verify "Asset 1" is selected in the dropdown and close settings.
STEP 8: You should now see the yellow diagonal phase line, horizontal Fibonacci levels, and the validation table showing "✅ Match".
STEP 9: Navigate the chart to verify how Fibonacci levels align with historical support/resistance zones.
// Important Notes //
• The sample data in the Practice Table was validated in 02/2026 and serves as reference only.
• It is your responsibility to validate or update the preponderant phase of your assets over time.
• Use our master RLP indicator to automatically find and calculate preponderant phases, then transfer the coordinates here for permanent tracking.
• You can deactivate the Practice Table once you've copied the data you need.
// Shelter Indicators Ecosystem //
RLPS is part of a comprehensive ecosystem of indicators for price action analysis based on shelter levels:
RLPS (Simplified Long-Term Shelters): This indicator. Simplified version of RLP that allows manual input of previously identified preponderant phase coordinates. Ideal for permanent operations with multiple assets across different timeframes.
RLP (Long-Term Shelters): Automatically identifies the preponderant Zigzag phase that institutional investors use as a reference to project Fibonacci levels. These levels determine order placement over the following months and years.
RMP (Mid-Term Shelters): Provides the psychological shelter and resistance levels that institutional investors establish at the beginning of each year. These form the main framework that professionals use to plan entry and exit operations throughout the year.
RS (Weekly Shelters): Tactical structural analysis indicator designed to precisely track price action and manage positions during current weeks.
RID (Intra-Day Shelters): For intraday operations based on levels calculated from the daily opening price. Designed for 1H timeframes or lower, including scalping strategies.
By combining RLPS, RLP, RMP, RS, and RID, you obtain a multi-timeframe framework that provides certainty and clarity to apply strategies grounded in price action, across any time horizon: from scalping to long-term investments.
// Final Notes //
We sincerely regret to inform you that we have not included the Spanish translation previously provided in our indicators, due to our significant concern regarding the ambiguous rules on publication bans related to indicators.
Sharing motivates. Happy hunting in this great jungle!
Indicator
ZenAlgo - GridOverview and anchoring logic
This indicator constructs a price grid based on a dynamically or manually defined price swing. The entire calculation starts by defining two anchor points that represent a completed directional move. These anchors can be selected in two ways:
Manually, by specifying a start time and an end time, where the indicator uses the candle corresponding to those times and selects either wick highs or lows depending on direction.
Automatically, by detecting significant swing points derived from recent price extremes over a configurable historical window.
The chosen anchors form a reference segment between point A and point B. This segment defines both direction and magnitude of the move. All subsequent levels and zones are derived relative to this segment, ensuring the grid adapts to current market structure rather than using fixed price distances.
Difference from traditional grid and Fibonacci tools
Unlike fixed price grids or standard Fibonacci tools that require manual anchoring and remain static once drawn, this indicator continuously derives its grid from the most relevant completed price swing. Instead of treating levels as independent horizontal prices, all values are expressed as proportions of a single measured move, allowing the grid to automatically rescale and realign as market structure evolves.
Market structure detection and directional context
Before the grid itself is drawn, the script continuously evaluates price structure using swing detection over two different sensitivities. Larger swings establish the dominant structural direction, while smaller swings can optionally be shown for internal context.
Swing highs and swing lows are detected by comparing historical highs and lows over a rolling window.
When price crosses above or below the most recent structural level, the script classifies the event as either a continuation in the same direction or a change in direction.
This structural state determines whether the grid is treated as upward or downward and influences the visual orientation of labels and zones.
This step matters because retracement and extension levels only have meaning when referenced to a clearly defined directional move.
Primary range construction between anchors
Once the anchor points are established, the indicator measures the vertical price distance between them. This distance is treated as a normalized range rather than an absolute value. Every level drawn afterward is positioned as a proportional offset of this range.
If the second anchor is above the first, the grid is considered bullish.
If the second anchor is below the first, the grid is considered bearish.
Colors and label orientation adapt automatically to this direction.
By normalizing the range, the grid remains comparable across assets and timeframes.
Retracement and extension level placement
The indicator plots a predefined set of proportional levels between and beyond the anchor points. Each level represents a fraction or multiple of the original move.
Lower values correspond to deeper retracements toward the origin of the move.
Mid-range values represent partial pullbacks within the move.
Higher values extend beyond the move, projecting potential continuation zones.
Each level is drawn as a horizontal line extending into future bars, accompanied by a label. Labels can be shown either as descriptive names or as raw proportional values, depending on user preference.
Zone construction instead of single levels
Rather than relying only on precise price lines, the indicator groups selected proportions into zones. This reflects the observation that price interaction typically occurs across ranges rather than at exact prices.
A retracement zone highlights an area between two closely spaced proportional levels.
A projection zone marks a continuation region beyond the measured move.
These zones are drawn as shaded areas extending forward in time.
Visual reference points
The indicator explicitly marks the two anchor points on the chart.
Point A represents the origin of the measured move.
Point B represents the completion of that move.
This allows the user to visually verify which price swing the grid is derived from.
How to interpret the values
All plotted levels express proportional relationships to the measured move, not independent price predictions.
Lower proportional values indicate proximity to the start of the move.
Mid-range values represent partial retracements.
Higher values indicate projected continuation areas.
How to best use this indicator
This indicator serves as a structural reference tool rather than a signal generator.
Apply it after a clear directional swing has formed.
Use higher-timeframe context to validate anchor selection.
Combine the grid with price behavior and other contextual tools.
Limitations and disclaimers
This indicator is purely proportional and structure-based.
It does not incorporate volume, volatility regimes, or fundamental data.
Automatic anchoring may differ from subjective swing selection.
Levels and zones represent reference areas, not guaranteed reaction points.
The indicator describes price structure and proportional relationships only.
Indicator
Indicator
RLP V4.3 -Long Term Support/Resistance Levels (Refuges-Shelters)// Introduction //
We have utilized the Zigzag library technology from ©Trendoscope Pty Ltd for Zigzag generation, allowing users the freedom to choose which of the different Zigzags calculated by Trendoscope as "Levels and Sub-Levels" is most suitable for generating ideal phases for evaluation and selection as "most preponderant phases" over long-term periods of any asset, according to its particular behavior based on its age, volatility, and price trend.
// Theoretical Foundation of the Indicator //
Many traditional institutional investors use the latest higher-degree market phase that stands out from others (longest duration and greatest price change on daily timeframe) to base a Fibonacci retracement on whose levels they open long-term positions. These positions can remain open to be activated in the future even years in advance. The phase is considered valid until a new, more preponderant phase develops over time, at which point the same strategy is repeated.
// Indicator Objectives //
1) Automatically find the latest most preponderant long-term phase of an asset, analyzing it on daily timeframe while considering whether the long-term market trend is bullish or bearish.
2) Draw a Fibonacci Retracement over the preponderant phase (reversed if the phase is bullish).
3) The indicator automatically numbers and locates the 3 most preponderant phases, selecting Top-1 for initial Fibo drawing.
4) If the user disagrees with the indicator's automatic selection, they have the freedom to choose any of the other 2 Top phases for the Fibo drawing and its levels.
5) If the user disagrees with the amplitude or frequency of the initially drawn Zigzag phases, they can modify the Zigzag calculation algorithm parameters until one of the Top-3 matches the phase they had in mind.
6) As an experimental bonus, the indicator runs a popularity contest (CP) of "bullseye" daily price (OHLC) matches, subject to user-defined tolerance ranges, against all Fibo levels of the Top 3 selected phases, to verify which phase the market prices are validating as the most popular for placing trades. Contest results are displayed in the POP. CONTEST column of the Top-3 phases table. If the contest detects a change in the winning phase, a switch can be enabled to activate an alert that the user can utilize with PulseWire's alert creator to display an alarm, send an email, etc.
7) This indicator was designed for users to find the preponderant long-term phase of their assets and manually record the date-price coordinates of the i0-i1 anchors of the preponderant phase. The Top-1 phase coordinates are shown in the Top-3 phases table where they can be captured. The date-price coordinates of all HH and LL pivots, from all Zigzag phases, can be displayed via a switch. With the pivots, the user can select a different phase than those automatically found by the indicator, according to the conclusions of their own research. Subsequently, the user can forget about this RLP indicator for a while and move on to apply in their normal trading our RLPS indicator (Simplified Long-Term Shelters), in which they can draw and simultaneously track the long-term shelters of up to 5 different assets, simply by entering their corresponding date-price coordinates, previously located with this RLP indicator or through their own observation.
// Additional Notes //
1) As of the this V4.3 publication date (01/2026), the Zigzag generation parameters were adjusted by default to find the long-term preponderant phases for the following assets: Bitcoin, Ethereum, Bitcoin futures BTC1! (all generated due to the 2020-2021 pandemic). It also provides by default the confirmed preponderant phases for the following assets: Apple, Google, Amazon, Microsoft, PayPal, NQ1!, ES1! and SP500 Cash.
2) Prices, phases, and levels shown on the graphic chart correspond to results obtained using daily Bitcoin data from the Bitstamp exchange, BTCUSD:BITSTAMP (popular here in Europe).
3) Any error corrections or improvements that can be made to the phase selection algorithms or the CP phase popularity contest algorithm will be highly appreciated (statistics and mathematics, among many other sciences, are not particularly our strong suit).
4) We sincerely regret to inform you that we have not included the Spanish translation previously provided, due to our significant concern regarding the ambiguous rules on publication bans related to indicators.
4) Sharing motivates. Happy hunting in this great jungle! Indicator
Short-Term Weekly Refuges (Shelters)## // Introduction //
══════════════
Short-Term Weekly Refuges (Shelters) (WR or RS) is a structural analysis indicator designed to track price action during the current week. It combines a configurable ZigZag with Fibonacci retracements anchored to recent phases, using the Weekly Opening Price (W.O.P.) as a key reference level.
This indicator is optimized for 4H timeframe but also works on 1H and 15min charts.
## // Theoretical Foundation of the Indicator //
═══════════════════════════════
The WR (RS) indicator provides a structural framework for following price action during the current trading week.
The core concept: Recent ZigZag phases, combined with the Weekly Opening Price, create dynamic support and resistance levels that institutional traders often monitor and use for intraweek positioning. The indicator allows you to select which recent phase (1-10) serves as the Fibonacci anchor.
## // Indicator Objectives //
══════════════════
1) Display a configurable ZigZag showing recent price structure with numbered phases (1 = most recent). Users should configure the ZigZag parameters based on whether they are analyzing a Major Degree Pattern (larger swings, less noise) or a Minor Degree Pattern (smaller swings, more detail), following standard Elliott Wave terminology. Configure the ZigZag to match the degree of your analysis: use higher Depth values for Major Degree Patterns, or lower values for Minor Degree Patterns.
2) Draw Fibonacci retracements on a user-selected phase, with two modes:
• "On ZigZag": Traditional Fibonacci on the selected phase.
• "Relative to W.O.P.": Fibonacci from phase anchor (i0) to Weekly Opening Price.
3) Show Weekly Opening Price lines as horizontal references, with the current week's line extended into the future.
4) Provide Pivot Up/Down markers for additional confirmation of local highs and lows.
5) Support multiple simultaneous indicator loads with visual identifier labels to distinguish between different analysis degrees (e.g., "Major Degree Pattern" vs "Minor Degree Pattern").
6) Optional Embedded Indicator: Enable Intraday Shelters (RID) - percentage-based support/resistance levels calculated from the Daily Opening Price, useful for 1H and 15min trading.
## // Key Features //
══════════════
• **Flexible ZigZag**: Adjustable Depth, Deviation, and Backstep parameters to adapt to any asset's volatility.
• **Phase Selection**: Choose from the 10 most recent phases for Fibonacci anchoring.
• **Dual Fibonacci Modes**: Trace on the ZigZag phase itself, or relative to the Weekly Opening Price.
• **New Age Color Palette**: Professional Fibonacci color scheme used by old school experienced traders.
• **Weekly Opening Price (W.O.P.)**: Historical weekly opens plus current week projection.
• **"Show Only W.O.P." Mode**: Isolate just the Weekly Opening Price line for cleaner charts on non-4H timeframes.
• **Optional Intraday Shelters (RID)**: 11 percentage levels (±0.382%, ±1%, ±1.5%, ±2%, ±2.5%) based on Daily Opening Price.
• **Multi-Load Support**: Visual identifier tags and Large Label for running multiple indicator instances simultaneously.
## // Recommended Workflow //
═════════════════════
1) Load the indicator on a 4H chart.
2) Adjust ZigZag parameters (Depth, Deviation) until the phases match your visual analysis of recent price structure.
3) Select the phase you want to use as Fibonacci anchor (typically Phase 2, 3 or higher).
4) Choose Fibonacci mode: "On ZigZag" for phase analysis, or "Relative to W.O.P." for analysis based on weekly opening price context.
5) Monitor how price interacts with the Fibonacci levels and Weekly Opening Price throughout the week.
6) Optionally enable RID for intraday precision on 1H or 15min charts.
## // Integration with Other Refuge Indicators //
════════════════════════════════
WR (RS) is part of a complete refuge-based analysis ecosystem:
• LTR (RLP) (Long-Term Refuges): For automatic determination of the predominant phase of a ZigZag, which institutional investors choose as the basis for a Fibo whose levels calculate the projection for order placement over the following months and years.
• LTRS (RLPS) (Simple Long-Term Refuges): Simplified version of LTR in which the known coordinates of the predominant phases (obtained with the LTR indicator) of one or up to five assets are easily captured for permanent long-term operation.
• WR (RS) (Short-Term Weekly Refuges): (This indicator) For short-term tactical analysis (4H, 1H) based on chosen phases of a ZigZag that define Fibo levels generated during the near past week(s) and probably effective in the present week.
• IDR (RID) (Intra-Day Refuges): For daily operations relying on intraday levels on timeframes of 1H or less. Ideal for scalping traders.
By combining LTR, LTRS, WR and IDR, you obtain a multi-level framework that allows you to operate with clarity at any time horizon, from intraday positions to investments spanning months and years.
## // Additional Notes //
════════════════
1) Default parameters are optimized for volatile assets (crypto, tech stocks). For forex or less volatile instruments, consider reducing Deviation to 3-8%.
2) The "Phase in Development" (dashed line) shows the tentative current ZigZag segment that may still change as new bars form.
3) Bug reports, improvement proposals for the ZigZag generator, pattern determination, or Fibo composition, etc., will be greatly appreciated and taken into account for a future version. Best regards and happy hunting.
(Sorry: Spanish translation erased trying to avoid confusing publishing banning rules). Indicator
