SUMMIT - Adaptive Top-Risk CompositeThis is an extremely comprehensive market top risk indicator that uses 35+ different metrics and does a whole swath of statistical analysis to gauge risk.
Indicator
NASDAQ 100 CFD
Combined Market Breadth Table Overview
Combined Market Breadth Table is an overlay indicator that brings key market breadth data directly onto your chart in a clean, compact visual display. It tracks the percentage of stocks trading above major moving averages across two of the most heavily watched benchmarks: the Nasdaq 100 (NDX) and the S&P 500 (SPX).
Instead of clogging your screen with multiple lower-pane indicators, this script compiles short-term, medium-term, and long-term breadth metrics into a single table anchored to the top-right corner of your chart.
Key Features
Multi-Timeframe Moving Average Tracking: Displays the percentage of stocks trading above their 200-day, 50-day, 20-day, and 5-day moving averages simultaneously.
Dual-Index Comparison: Tracks both the Nasdaq 100 (NDX) and S&P 500 (SPX) side-by-side to easily spot divergence between tech heavyweights and the broader market.
Color-Coded Rows: Each moving average timeframe uses a distinct, color-coded text palette for quick scanning:
🟡 200-Day (Yellow): Macro / long-term structural trend.
🔵 50-Day (Blue): Intermediate trend.
🟢 20-Day (Green): Short-term trend.
🟠 5-Day (Orange): Ultra-short-term / momentum pulse.
Non-Intrusive Design: Renders only on the latest bar inside a dark, framed table box in the top-right corner, leaving your price action uncluttered.
Indicator
Strong NQ ORB Breakouts | ProjectSyndicateSTRONG NQ ORB Breakouts catches the moment the Nasdaq session resolves its opening range — and instead of treating every push past a line as a trade, it waits for a genuine close beyond the range, tags the direction, and ranks the breakout 0–10 with a star score. The first block of the session builds a range; price then has to actually close outside it, in agreement with momentum and — if you want it — the higher-timeframe trend, before a signal arms. Every setup gets a structural stop, fixed R-based targets with a ⅓/⅓/⅓ scale-out and break-even after the first bank, and is tracked live on a full statistics dashboard — including end-of-session time-stops — so you can see exactly how the logic behaves on the instrument and timeframe you trade.
🧠 Opening-Range Core — the core idea. At the start of the session the engine records the high and low of a configurable opening window, 60 minutes by default. That band is the opening range: the session's first agreed value area. A signal fires on the release — the bar that closes beyond the range high for a long or the range low for a short inside the trade window — and the direction is set by that break. In Auto mode the range anchors to the instrument's own daily session open (the first bar of the day), so it locks to the real NAS100 / NQ open regardless of your feed's server clock; a Custom session-plus-timezone mode is there if you'd rather define the window by hand. Signals are evaluated on the bar's close and are fixed once that bar closes — the range and the break do not repaint.
📈 Range Mapping & ADR Context — while the opening window is live, the engine continuously tracks the developing high, low, and width of the range, then freezes it the moment the window ends. The finished range is measured in points and expressed as a percentage of the instrument's Average Daily Range, a non-repainting daily read, so you instantly see whether the session is coiling tightly or has already burned its move. A clean, proportionate range is a loaded session; an over-wide one is a day that has already spent itself.
🎯 Structural Stop + R-Based Scale-Out — risk (R) is measured from an ATR distance by default — the strongest basis on NAS100 M5 — or against the opposite range edge or the range midline if you prefer, then floored and capped by ATR so it can never collapse into a meaningless stop or balloon into a wide one. TP1, TP2, and TP3 are set at clean R multiples and default to a balanced 1R / 2R / 3R, fully adjustable. The trade model is an honest ⅓ scale-out: one third banks at each target, and after TP1 the remaining two thirds ride with the stop moved to break-even. Every signal plots its complete Entry / SL / TP1 / TP2 / TP3 line set, labeled levels, and filled TP / SL zone boxes, with an R-tagged result label on exit.
🎚️ Conviction Controls — a small set of dials sets how serious a breakout must be before it counts: the 0–10 Minimum Strength gate, an optional Range-vs-ADR window that skips days whose range is too tight or too wide, a Close-vs-Wick breakout trigger, and Max One Trade Per Day. By design the day-skipping filters are off by default — no days are hidden — so you first see the raw, unfiltered behavior. Tighten them for fewer, higher-quality fires; loosen them for more activity. This is your main dial for conviction versus frequency.
🧭 HTF Trend Alignment + Session Gating — an optional higher-timeframe EMA filter blocks counter-trend fires, keeping you on the dominant side: longs only above it, shorts only below. The higher-timeframe value is read without lookahead. Entries are confined to the trade window after the range forms, and the per-day cap spaces out tickets so one volatile session can't stack trades. Anything still open at the session close is flattened by an end-of-session time-stop — and that exit is booked and counted honestly, never quietly dropped.
🧲 Liquidity Magnet — the engine maps resting liquidity by tracking confirmed swing pivots above and below price and marking each as swept or unswept as price trades through it. When a breakout fires, it projects the nearest opposing unswept pool as a dotted magnet line — the pocket of liquidity the move is naturally drawn toward — and the dashboard reports the distance to the nearest pools up and down in ATR terms. It's context for where the breakout wants to go.
⭐ 0–10 Setup-Quality Score — every release is scored and labeled with 1–5 stars and a tier FORMING → WEAK → MODERATE → STRONG → VERY STRONG → ELITE across breakout-native factors: expansion-candle body strength, candle range vs ATR, momentum alignment over short and medium lookbacks, volume confirmation, clean penetration beyond the range edge, RSI agreement, higher-timeframe EMA alignment, and intraday bias of close versus the session open. A companion direction-probability read blends penetration, momentum, RSI, session bias, and HTF position into an up/down percentage. Treat the score as a confluence / cleanliness read for ranking setups — it describes how textbook a breakout is, not a guaranteed outcome. Note: on the test data, filtering to "strong only" actually *reduced* win rate, so the stars default to a context tool rather than a hard gate.
📊 Live Statistics Dashboard — a non-intrusive panel tracks, in real time on your chart: the current session state of waiting / forming OR / range set / armed / trade active, the live opening-range size and its ADR percentage, the magnet distance up and down, the active bias and trade, the live strength and direction-probability meters, total win rate and closed-trade count, profit factor, average R per trade, total R, best-performing direction, long vs short win rate, current and max win/loss streaks, and a TP1 / TP2 / TP3 / SL / EOD outcome breakdown. Every filled trade that reaches an outcome is counted — winners, stop-outs, break-even runners, and time-stops alike — so the numbers are computed live from the real signals on your current symbol and timeframe rather than a figure printed in a description.
🎨 Clean Themed Visuals — a Midnight institutional palette, with Emerald, Ice Blue, Gold Black, and Aqua Violet alternates, shades the opening-range box, the ORH / ORL / midline levels, the per-trade SL / TP ladder, the liquidity pools and magnet, and the dashboard to one coherent look, so quality and direction read at a glance. The range box is drawn over the window where it formed and projected forward with point-labeled edges; long and short trades are color-keyed; a faint tint marks the active opening window. A shelf-length and max-drawn-trades control keep the chart clean — the right-edge zones never stretch into oversized towers, tickets snap back to the exit bar on close so labels never float away, and only the most recent N tickets stay drawn while the statistics remain cumulative over the whole history.
🔔 Detailed Alerts — fires on long / short opening-range breakouts, plus TP3, protected partial-TP, and stop-loss events, formatted for manual or automated use.
🔧 Fully Customizable — every component is exposed: the range anchor (Auto session-open or Custom), the opening-range minutes, timezone, and trade window; the ATR length, stop basis of ATR / opposite edge / midline with risk cap and floor; the three R targets, break-even-after-TP1 toggle, Close-vs-Wick trigger, and one-trade-per-day cap; the ADR gate with min/max band, minimum strength, and HTF alignment filter and timeframe; the liquidity pivot length, pool display, and magnet toggle; the point definition for the dashboard; all five themes; and every label, dashboard, zone, and projection toggle.
🎯 Why this is different — most ORB tools just draw two lines at a fixed clock time and leave everything after that to you. This one anchors the range to the real Nasdaq open, sizes the break against the instrument's own ADR so a tight coil and a blown-out day aren't treated alike, can demand momentum, volume, penetration, and trend confirmation before it fires, anchors risk sensibly, then layers a genuine ⅓/⅓/⅓ scale-out with break-even, a liquidity magnet, an objective 0–10 ranking, and a live, honest statistics panel — one that counts stop-outs and end-of-session exits in full — so you are tuning and judging the system on real, current data instead of a marketing figure.
🚀 Where to use it — built and validated for NAS100 / NQ on the M5 timeframe, where the default OR 60m · ATR×1.0 stop · 1R/2R/3R model was developed. The ATR-based stop and ADR sizing adapt to volatility automatically, and the session windows can be re-pointed to a different open if you want to run the same engine elsewhere. It works on other index CFDs and futures, but the defaults are tuned for the Nasdaq open.
🎯 How to trade it
- Apply it to NAS100 / NQ on M5 and let the dashboard populate. Read the live win rate, profit factor, and average R for your symbol and timeframe before committing — if the logic doesn't suit your feed, you'll see it.
- Start with the day-skipping filters off to see raw behavior; add the HTF Trend Alignment and Range-vs-ADR gates when you want to trade only with the larger trend and skip dead or already-spent sessions.
- Wait for a NQ ORB LONG / NQ ORB SHORT label — it marks a confirmed close beyond the opening range, with the star score, direction probability, and Entry, SL, and TP1/2/3 already plotted.
- Manage the trade with the plotted levels: the structural SL defines your risk, one third banks at each R target with the stop moving to break-even after TP1, and any position still open at the trade-window close is flattened by the time-stop.
- Use Minimum Strength and Max One Trade Per Day to set your tempo, and read the liquidity magnet for a sense of where the move is being drawn.
⚠️ Important — this is a decision-support tool, not a standalone buy/sell system, and it makes no performance guarantees. Default settings were chosen on historical data and behavior will vary by instrument, timeframe, session, and configuration; the dashboard's statistics are historical and descriptive, not a forecast. The trade model includes a ⅓ scale-out, break-even after TP1, and an end-of-session time-stop, so some trades close at a fraction of a target rather than a full win or loss — these are counted in full, which is honest but means win rate alone is misleading; always weigh it together with average R and profit factor, and resize the R targets to your own risk profile. Signals confirm on the closed bar, so always wait for the labeled release on a closed candle. Always combine it with your own analysis and risk management, and test it on your market before trading it live.
Indicator
Nasdaq XXX20 / XXX50 / XXX80 Horizontal LevelsThis indicator automatically plots Nasdaq horizontal levels at XXX20, XXX50, and XXX80. Ideal for intraday trading on NQ, MNQ, NDQ, and NDX, with timeframes less than or equal to 5min.
This script highlights powerful reaction levels for entries, exits, stops, and targets.
Key Features
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- Draws XXX20 (teal), XXX50 (light gray/ivory), and XXX80 (orange) levels extending across the chart.
- Dynamically anchors around the current price, showing ±25 blocks by default (50+ levels total, adjustable).
- Optional price range filter to declutter charts by limiting levels to a specific zone.
Inputs
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- Toggle individual level types (XXX20 / XXX50 / XXX80).
- Line colors and width.
- Block size (default 100).
- Price range filter (show only levels between Min and Max price).
Indicator
APEX ELITE . 2━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
◈ APEX ELITE . 2
Open Source Pine Script v6 · Panel-Only Edition · Zero Chart Clutter
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⚠️ NOT FINANCIAL ADVICE — See full disclaimer at the bottom.
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WHAT IS APEX ELITE?
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APEX ELITE is a single, unified intraday dashboard that replaces what would otherwise require 8 or more separate indicators. Everything runs internally and surfaces through one clean, color-coded panel. Your chart stays completely uncluttered — no extra lines, no overlapping boxes, no noise.
Built specifically for intraday traders who need instant situational awareness:
→ Is there a signal right now?
→ What is the trend across multiple timeframes?
→ Where are the key levels?
→ How strong is the current edge?
All of that — answered in a single glance at the panel.
🔑 Key principles:
• All signals fire on confirmed bars only — zero repainting
• 12+ factors combine into one composite score before any signal fires
• Session clock tracks 8 intraday phases so you always know the market context
• Compact Mode available for smaller screens
• 22 configurable alert conditions built in
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THE 12 MODULES — COMPLETE BREAKDOWN
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▸ BLOCK A — SIGNAL COMMAND
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The top block of the panel. Shows the current signal state in large text — ▲ CALL SIGNAL, ▼ PUT SIGNAL, or ● WATCHING — along with the live composite edge score and directional bias.
• Signal State: CALL / PUT / WATCHING — updates every confirmed bar
• Edge Direction: BULL / BEAR / NEUT with score out of 100 (e.g. "BULL 82/100")
• Edge Bar: 10-block visual bar showing edge % (████████░░)
• Bull / Bear pts: Raw scores shown side-by-side for comparison
The background color of this row changes: green for CALL, red for PUT, neutral for watching.
▸ BLOCK B — INTRADAY LEVELS
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Every key price level an intraday trader needs, all in one place.
• VWAP Zone: Which of 6 zones price is in — Above +2σ / +1→+2σ / VWAP→+1σ / -1→VWAP / -2→-1σ / Below -2σ
• VWAP Distance: Real-time % distance of close from VWAP (e.g. +0.42% dist)
• PMH / PML: Pre-Market High and Low — the most important intraday reference levels. A break of PMH or PML triggers the maximum +20 trigger points.
• FCH / FCL: First Candle High and Low (configurable: 1/2/3/5/15 min). Also shows the first candle's range as a %.
• Supply / Demand: Nearest unmitigated supply zone above price and demand zone below price — with total active zone count.
• Level Break: Live readout when PMH, PML, FCH, or FCL is broken on the current bar.
▸ BLOCK C — MOMENTUM STACK
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A complete multi-timeframe picture of trend alignment.
• SMA 9 (cyan): Short-term momentum MA. Above = bullish micro trend.
• SMA 21 (gold): Medium momentum MA. The primary intraday trend filter.
• SMA 50 (orange): Intermediate trend. Pullback entries reference this level.
• SMA 200 (red): Long-term macro trend. Above = bull market context.
• MA Alignment: Count of MAs on each side (e.g. 4/4 bull). Full stack = strongest signal.
• MA Stack Order: Full Bull Stack confirmed when 9 > 21 > 50 > 200 all correctly ordered.
• EMA Ribbon: EMA 8 vs EMA 21 — ribbon direction shows short-term momentum.
• MTF Alignment: Per-timeframe arrows (▲5m ▲15m ▼1h) — instantly see each TF at a glance.
• Daily Context: Daily EMA 9 vs EMA 21 — trade with the daily trend for the highest quality setups.
Tip: MTF 3/3 aligned + MA 4/4 bull + daily EMA bull = the highest conviction entries.
▸ BLOCK D — MARKET STRUCTURE
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The highest-conviction trigger events in the system.
• Liquidity Sweep: Price briefly violates a 20-bar extreme before reversing — a classic stop hunt. Tracks age in bars (e.g. "▲ Bull (3b ago)").
• Structure Break (MSB): Close crosses a confirmed 10-bar pivot high or low. The strongest directional confirmation. Also tracks age.
• Squeeze: Bollinger Bands contracting inside Keltner Channels = coiling volatility. Shows bars coiling. Fires on expansion.
• Squeeze Momentum: Rising / Falling / Flat direction of momentum during the squeeze.
• ADX: Average Directional Index — Strong (>30) / Trending (20-30) / Choppy (<20).
• DI+ / DI-: Split readout showing directional pressure.
Both Sweeps and MSBs add the maximum trigger bonus (+20 pts) to the score.
▸ BLOCK E — RISK ENGINE
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Everything needed to size and manage a trade the moment a signal appears.
• ATR 14: 14-period Average True Range — raw volatility in price points.
• Stop 1× / 1.5× / 2×: Three stop-loss distances pre-calculated simultaneously. Choose based on your risk tolerance.
• Volume Ratio: Current volume as a multiple of the 20-bar average (e.g. 1.8× avg).
• Volume: "▲ SPIKE" label when volume clears your configured threshold. "Normal" otherwise.
• RSI 14: 14-period RSI with contextual labels — OB (>70), OS (<30), Elevated, Depressed, Neutral.
▸ BLOCK F — LIQUIDITY HEATMAP
( Inspired by BigBeluga — Dynamic Liquidity HeatMap Profile )
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This module is inspired by the methodology from BigBeluga's excellent Dynamic Liquidity HeatMap Profile indicator. It uses ATR-normalized, volume-weighted pivot analysis over a configurable lookback (default 300 bars) to determine whether buy-side or sell-side liquidity is dominant.
• Liq Bias: Buy-Side / Sell-Side / Balanced — with dominant side percentage (e.g. "Buy-Side 73%")
• Vol Intensity: Graphical bar (▓▓▓░░) showing current volume activity as % of the 300-bar max
• Score Impact: +5 bull score when buy-side > 60% · +5 bear score when sell-side > 60%
Full credit to BigBeluga for the original concept. Please visit and support their work.
▸ BLOCK G — REVERSAL PROBABILITY ZONE
( Inspired by LuxAlgo — Reversal Probability Zone & Levels )
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This module ports the exact algorithmic core of LuxAlgo's Reversal Probability Zone & Levels indicator. It builds two separate databases of historical swing moves — one bullish, one bearish — tracking both the price magnitude and bar duration of every confirmed pivot. From these it calculates statistical percentile targets for the most likely next move.
• Forecast Bias: ▲ Bull or ▼ Bear — direction expected after the last pivot
• 25th / 50th Percentile: Conservative and median price targets (e.g. 518.40 / 521.20)
• 75th / 90th Percentile: Aggressive and maximum targets (e.g. 524.80 / 528.50)
• Duration: Expected bar count to reach each target (e.g. "8 bars / 22 bars")
• Pivot Count: Total swings tracked — more pivots = more statistically reliable readings
Full credit to LuxAlgo for the original algorithm. Licensed under CC BY-NC-SA 4.0.
▸ BLOCK H — STANDARD DEVIATION CHANNEL
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A linear regression channel fitted to the last N bars (default 128). Shows where price sits statistically within the current trend.
• Channel Zone: One of 6 zones — Above +2σ / +1→+2σ / Mid→+1σ / -1→Mid / -2→-1σ / Below -2σ
• Trend Direction: Rising / Falling / Flat based on the regression slope
• Pearson R: Correlation coefficient. Above 0.8 = very clean trend. Below 0.5 = noisy/ranging.
• Midline Distance: % distance of close from the regression center line
Best CALL zone: "Mid → +1σ" on a rising channel.
Best PUT zone: "Mid → -1σ" on a falling channel.
Avoid entries when zone shows "Above +2σ" or "Below -2σ" — price is statistically extended.
▸ BLOCK I — RSI DIVERGENCE
( Libertus Method )
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Detects bull and bear RSI divergences by comparing price swing extremes against RSI swing extremes over a configurable lookback window (default 90 bars).
• Bull Divergence: Price makes lower low but RSI makes higher low — hidden strength, potential reversal up
• Bear Divergence: Price makes higher high but RSI makes lower high — hidden weakness, potential reversal down
• Age Tracking: "Bull Div (3b ago)" or "Bull Div ✦ NOW" — shows exactly how fresh the divergence is
• RSI Value: Current reading with OB / OS labels
• Score Bonus: +5 bull score on bull divergence · +5 bear score on bear divergence
Credit to Libertus for the divergence detection methodology.
▸ BLOCK J — SESSION CLOCK
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Intraday trading is entirely timing-dependent. This block tracks 8 distinct market phases, each color-coded by typical volatility profile.
PRE-MKT → 4:00 – 9:30 AM ET (PMH/PML building)
OPEN (HOD/LOD) → 9:30 – 10:00 AM ET (highest volatility, initial direction)
AM SESSION → 10:00 – 11:30 AM ET (best signal quality window)
LUNCH APPROACH → 11:30 – 12:00 PM ET (momentum slowing)
LUNCH CHOP → 12:00 – 1:30 PM ET (avoid new entries)
PM SESSION → 1:30 – 2:30 PM ET (trend continuation or reversal)
POWER HOUR NEAR → 2:30 – 3:00 PM ET (institutional activity increasing)
POWER HOUR → 3:00 – 4:00 PM ET (highest volume, strongest moves)
Also shows time remaining in RTH. Turns gold when less than 60 minutes remain.
▸ BLOCK K — COMPOSITE EDGE SCORE
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Instead of just showing one number, this block breaks the score into individual factor bars — each showing exactly how much it is contributing. You can see not just THAT the score is high, but WHY.
VWAP → ████░ (max 15 pts)
MTF → █████ (max 15 pts)
MA → ████░ (max 12 pts)
Momentum → ███░░ (max 5 pts)
Volume → ██░░░ (max 10 pts)
Trigger → █████ (max 20 pts ← most important)
ADX → ████░ (max 8 pts)
Edge → ████░ (overall 0-100)
A high score driven purely by momentum without a trigger event is weaker than one with everything aligned.
▸ BLOCK L — FRACTAL BASE
( Inspired by LuxAlgo — Fractal Base Indicator )
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This module ports the core logic from LuxAlgo's Fractal Base Indicator. A fractal is a confirmed swing pivot where price has N bars of context on both sides — these represent the most significant recent support and resistance levels because they show where price genuinely reversed.
• Fractal Res: Last confirmed fractal HIGH — price + bars since + % distance from close
• Fractal Sup: Last confirmed fractal LOW — price + bars since + % distance from close
• Price Bias: "Above Res" (price broke resistance) / "Below Sup" (broke support) / "In Range" (between levels)
• Fractal Event: "New High Fractal" or "New Low Fractal" when a new fractal confirms this bar
• Score Bonus: +4 pts near fractal support/resistance · +3 pts when level is broken
• Configurable: Fractal Periods input — 2 = 5-bar fractal (default), 1 = 3-bar, 3 = 7-bar
Full credit to LuxAlgo for the original indicator concept.
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THE SCORING ENGINE
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Bull and bear scores are calculated independently on every confirmed bar. A signal only fires when the score clears the threshold AND key filters are simultaneously met.
COMPONENT MAX PTS CONDITION
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VWAP Zone 15 / 8 15 inside ±1σ · 8 correct side outside band
MTF Alignment 15 / 8 15 all 3 TFs aligned · 8 for 2 of 3
MA Alignment 12/7/3 12 for 4/4 · 7 for 3/4 · 3 for 2/4
EMA Ribbon 5 EMA 8 vs 21 direction
Volume Spike 10 Volume > mult × 20-bar avg AND correct direction
Trigger Event 20 ★ PMH/PML/FCH/FCL break · Sweep · MSB
ADX Strength 8 / 5 8 if ADX >30 · 5 if ADX 20-30
Squeeze Fire 5 Squeeze fires in signal direction
ABC Harmonic 5 Active harmonic pattern aligned
RSI Zone 5 RSI 50-70 for bull · 30-50 for bear
RSI Divergence 5 Bull/bear divergence active
Liq HeatMap Bias 5 Buy/sell-side >60%
Std Dev Channel 4 Price in sweet zone on correct trend
Daily EMA Trend 4 Daily chart EMA alignment
S/D Zone Proximity 3 Within 0.3% of demand (bull) or supply (bear)
Fractal Proximity 4 / 3 Within 0.25% of fractal level / level broken
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★ Trigger Event carries the most weight. A signal without a trigger is unlikely to fire.
DEFAULT THRESHOLD: 65 pts
Raise to 75+ for fewer but higher-quality signals.
Lower to 55 on very active trending days.
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SIGNAL CONDITIONS
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A CALL signal requires ALL of the following simultaneously:
✅ Bull score ≥ threshold
✅ Close above VWAP (hard filter)
✅ MTF alignment 2/3 or better
✅ Active trigger event (PMH break / FCH break / Bull Sweep / MSB ▲ / Squeeze bull)
✅ barstate.isconfirmed — never fires mid-bar, zero repainting
✅ RTH session active (if RTH Only setting is on)
A PUT signal requires ALL of the following simultaneously:
✅ Bear score ≥ threshold
✅ Close below VWAP (hard filter)
✅ MTF alignment 2/3 or better (bearish)
✅ Active trigger event (PML break / FCL break / Bear Sweep / MSB ▼ / Squeeze bear)
✅ barstate.isconfirmed
✅ RTH session active (if RTH Only setting is on)
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22 ALERT CONDITIONS
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To set up: Right-click the indicator → Add Alert → Select condition.
All alerts include: ticker · close price · timestamp.
SIGNAL ALERTS
▲ CALL Signal — Full CALL criteria met
▼ PUT Signal — Full PUT criteria met
◆ Any Signal — Either CALL or PUT
LEVEL BREAK ALERTS
→ PMH Breakout — Close crosses pre-market high
→ PML Breakdown — Close crosses pre-market low
→ FCH Break — Close crosses first candle high
→ FCL Break — Close crosses first candle low
STRUCTURE ALERTS
→ Sweep CALL — Bull sweep + above VWAP
→ Sweep PUT — Bear sweep + below VWAP
→ MSB Bull — Market structure break upward
→ MSB Bear — Market structure break downward
MOMENTUM ALERTS
→ Squeeze Bull Fire — Squeeze fires with bullish close
→ Squeeze Bear Fire — Squeeze fires with bearish close
→ MA Full Bull Stack — All 4 MAs correctly ordered up
→ MA Full Bear Stack — All 4 MAs correctly ordered down
DIVERGENCE & LIQUIDITY
→ RSI Bull Divergence — Bull div detected
→ RSI Bear Divergence — Bear div detected
→ Liq Buy Bias — HeatMap buy-side > 60%
→ Liq Sell Bias — HeatMap sell-side > 60%
PREMIUM ALERTS
★ High Edge (80+) — Composite edge score reaches 80 — premium setup
→ New High Fractal — New confirmed fractal high (LuxAlgo logic)
→ New Low Fractal — New confirmed fractal low (LuxAlgo logic)
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SETTINGS QUICK REFERENCE
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SESSION & TIME
Pre-Market Session → 0400-0930 ET (adjust for your exchange)
RTH Session → 0930-1600 ET
First Candle Length → 1 / 2 / 3 / 5 / 15 minutes
RTH Signals Only → On by default (recommended)
SIGNAL ENGINE
Min Score to Signal → 65 (raise for fewer signals, lower for more)
Volume Spike Mult → 1.4× (volume must be this × the 20-bar average)
MOVING AVERAGES
MA Type → SMA / EMA / WMA (switches all 4 simultaneously)
MA Lengths → 9 / 21 / 50 / 200 (individually configurable)
REVERSAL PROB ZONE (LuxAlgo)
Swing Length → 20 (pivot sensitivity)
Max Reversals → 1000 (database cap)
Percentiles → 25 / 50 / 75 / 90 (target levels to display)
FRACTAL BASE (LuxAlgo)
Fractal Periods → 2 = 5-bar fractal | 1 = 3-bar | 3 = 7-bar
STD DEV CHANNEL
Regression Length → 128 bars (shorter = more reactive)
RSI DIVERGENCE
RSI Length → 14
OB / OS Levels → 70 / 30
Divergence Lookback → 90 bars
DISPLAY
Panel Position → Top Right / Top Left / Bottom Right / Bottom Left
Compact Mode → Hides sub-rows to shrink panel height
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HOW TO READ THE PANEL — QUICK CHECKLIST
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Before entering any trade, run through these 9 checks:
① Signal showing CALL or PUT? (not just Watching)
② Score at or above your threshold?
③ On the correct side of VWAP?
④ MTF at least 2/3 aligned?
⑤ Channel zone in a reasonable position? (avoid Above +2σ for CALLs)
⑥ Fractal Bias showing "Above Res" (CALL) or "Below Sup" (PUT)?
⑦ RPZ showing a clear price target with enough room for your R:R?
⑧ What was the trigger event? (MSB and Sweep are strongest)
⑨ Can you fit your stop within the 1.5× ATR distance?
If you can answer yes to most of these — the setup has strong confluence.
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CREDITS & ACKNOWLEDGEMENTS
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APEX ELITE was built with deep respect for the Pine Script community. Several modules are directly inspired by the outstanding published work of:
🏆 LuxAlgo
Two modules in APEX ELITE are inspired by LuxAlgo's indicators:
→ Block G (Reversal Probability Zone) ports the core algorithmic logic
from LuxAlgo's "Reversal Probability Zone & Levels" — including the
exact pivot detection method, price/bar delta database, and percentile
target calculation. Licensed under CC BY-NC-SA 4.0.
→ Block L (Fractal Base) implements the fractal high/low detection and
support/resistance logic from LuxAlgo's "Fractal Base Indicator".
LuxAlgo's original indicators are published at:
pulsewire.com/u/LuxAlgo/
All credit for these algorithmic approaches belongs entirely to LuxAlgo.
🏆 BigBeluga
→ Block F (Liquidity HeatMap) is inspired by BigBeluga's
"Dynamic Liquidity HeatMap Profile" indicator. The volume-normalized,
pivot-based liquidity bias methodology is adapted from their approach.
BigBeluga's work can be found at:
pulsewire.com/u/BigBeluga/
Please visit and support their original publications directly.
🏆 Libertus
→ Block I (RSI Divergence) implements the divergence detection method
from Libertus's "RSI Divergences" indicator.
Thank you to all three creators for sharing their knowledge with the community.
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⚠️ DISCLAIMER — PLEASE READ IN FULL
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APEX ELITE is a technical analysis tool published for EDUCATIONAL and INFORMATIONAL purposes only.
❌ It does NOT constitute financial advice.
❌ It does NOT constitute investment advice.
❌ It does NOT constitute trading recommendations.
❌ It is NOT a solicitation to buy or sell any financial instrument.
All information displayed by this indicator is derived from historical price data and mathematical calculations. Past signal performance does NOT guarantee or predict future results. Financial markets are inherently unpredictable and all trading involves significant risk, including the potential loss of your entire invested capital.
The author of APEX ELITE is not a licensed financial advisor, broker, dealer, or investment professional. Nothing in this indicator or its documentation should be interpreted as personalized investment advice tailored to your individual financial situation, risk tolerance, or investment objectives.
YOU are solely responsible for all trading decisions you make.
Always conduct your own independent research and due diligence.
Always use proper risk management — including position sizing and stop-loss orders.
Never trade with money you cannot afford to lose.
If you are uncertain about any aspect of trading or investing, consult a licensed financial professional in your jurisdiction.
By adding this indicator to your chart, you acknowledge that you have read and understood this disclaimer, and that any trading decisions you make based on or influenced by this indicator are entirely your own responsibility.
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Pine Script v6 · Not Financial Advice · Educational Use Only
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EOF
Indicator
Institutional Value Relocation VerdictSummary in one paragraph
Value Relocation Verdict ARD is an acceptance versus rejection classifier for liquid instruments on intraday to daily timeframes. It helps you act only when multiple conditions align after price pushes beyond a boundary. It is original because it treats every break as a probe and scores whether value is relocating using a break anchored VWAP relocation metric fused with time outside, extension, outside volume share, pullback quality, and failure velocity back into value. Add it to a clean chart, read the compact decision table, and use the visuals or alerts. Shapes can move while the bar is open and settle on close. For conservative alerts select on bar close.
Scope and intent
• Markets. Major FX pairs, index futures, large cap equities, liquid crypto
• Timeframes. One minute to daily
• Default demo used in the publication. NQ1! on 15 minute
• Purpose. Prevent trading raw breakouts and raw fades before the market proves acceptance or rejection
• Limits. This is an indicator. It does not place orders and does not simulate fills
Originality and usefulness
This is not a mashup of common indicators. It is a state machine that measures what happens after a boundary is breached.
• Unique concept or fusion. Breaks are treated as probes and classified by value relocation using break anchored VWAP plus behavioral metrics outside the boundary
• What failure mode it addresses. False starts in chop, one bar breakouts that reverse, and fades taken too early when value is actually relocating
• Testability. The table shows the live decision, the two competing scores, and the driver metrics so users can verify why a suggestion appears
• Portable yardstick. All distances are normalized in ATR units so thresholds travel better across symbols
• Protected scripts. Public open source, implementation visible
Method overview in plain language
Base measures
• Range basis. True Range smoothed with ATR over ATR length
• Value basis. Session anchored VWAP defines a value center, with a configurable VWAP band as the value zone
Components
• Boundary selection. Choose prior day high and low, opening range, prior week high and low, VWAP band edges, or custom levels
• Probe state. A probe begins when price crosses a boundary. The boundary is frozen for the probe so time outside and velocity are measured consistently
• Acceptance score. A 0 to 100 score built from closes outside, max extension beyond the boundary, outside volume ratio, break anchored VWAP relocation, defense touches, expansion context, and a pullback penalty
• Rejection score. Evaluated only when price re enters the boundary. It fuses sweep size, snapback depth, fail velocity, speed of re entry, RVOL, compression context, and a value zone re entry bonus
• Context regime. A light regime classifier uses session VWAP slope and a higher timeframe EMA slope to bias acceptance slightly in trend direction and boost rejection slightly in ranges
• Session windows optional. Session follows the exchange time of the chart. Verify when changing symbol or venue
Fusion rule
• Two separate scores are maintained during a probe: Acceptance score and Rejection risk
• During the probe, the table shows a Lean decision based on the score spread: Acceptance score minus Rejection risk
• Thresholds for ACC and REJ are explicit in Inputs and the drivers are visible in the table
Signal rule
• ACC Up appears when a probe above the boundary reaches acceptance score threshold for the configured confirm bars, closes remain outside the buffer, and chase distance is not excessive
• ACC Down is symmetric for probes below the boundary
• REJ Up appears when price re enters the boundary after probing above and rejection score meets its threshold
• REJ Down is symmetric for probes below the boundary
• WAIT shows when no probe is active or when neither side has a clear edge
What you will see on the chart
• Active boundary line. Thick line at the frozen probe boundary
• Value zone. Optional VWAP band fill and optional VWAP lines for context
• Probe band. Optional thin band around the boundary equal to the outside buffer
• Break VWAP. Optional line during the probe that shows break anchored VWAP
• Markers. ACC and REJ markers on the bar where the model resolves
• Optional plan overlay. Entry, stop, and target lines for the last resolved signal, informational only
• Compact table. A decision dashboard with Lean, State, Regime, ACC score, REJ risk, and the drivers
Table fields and quick reading guide
• Decision. Lean ACC, Lean REJ, or Wait
• State. Idle, Probe Above, Probe Below, Waiting Levels, or Out of Session
• Regime. Trend Up, Trend Down, or Range
• ACC Score. 0 to 100 plus a bar gauge
• REJ Risk. 0 to 100 plus a bar gauge
• Boundary. Frozen boundary price during the probe
• Value VWAP. Session anchored VWAP price
• Outside. Closes outside count versus Accept min closes outside
• Delta. ACC Score minus REJ Risk, used to express separation
• Drivers shown by preset. Extension ATR, Reloc ATR, Out Vol, Pull ATR, RVOL, Fail Vel, Sweep ATR, Snap ATR, Expansion, Compression
Reading tip. When Session is ON and Delta shows clear separation, outcomes tend to be easier to manage than when both scores are similar.
Inputs with guidance
Setup
• Theme. Dark or Light. Matches chart background for readability
• Preset. Minimal, Standard, Pro. Minimal is the clean chart default
• Session and Require session. Typical use is ON for index futures and intraday equity sessions
• Cooldown bars. Typical range 0 to 15. Higher reduces clustered probes
• Max probe bars. Typical range 20 to 120. Lower avoids stale probes
• Decision delta. Typical range 10 to 25. Higher demands more separation before leaning
Levels
• Mode. Prev Day HL, Opening Range, Prev Week HL, VWAP Band, Custom
• Opening range minutes. Typical 15 to 60 on intraday charts
• Break trigger. Close is more conservative. Wick is earlier but noisier
• VWAP band width ATR. Typical 0.5 to 1.5
• Custom upper and Custom lower. Only active in Custom mode. Both must be greater than 0 and upper must be greater than lower
Scoring
• Outside buffer ATR. Typical 0.05 to 0.30. Higher requires stronger closes outside
• Accept min closes outside. Typical 3 to 10. Higher confirms slower relocations
• Accept min extension ATR. Typical 0.6 to 1.8. Higher demands stronger expansion
• Accept min outside volume ratio. Typical 0.45 to 0.80. Higher demands conviction
• Accept min relocation ATR. Typical 0.10 to 0.50. Higher demands value shift beyond the boundary
• Accept max pullback ATR. Typical 0.30 to 1.00. Lower penalizes weak holding
• Accept confirm bars. Typical 1 to 3. Higher reduces one bar acceptance
• Accept score threshold. Typical 60 to 85
• Accept max chase distance ATR. Typical 0.8 to 2.0. Lower avoids late entries
• Defense touches needed and defense touch distance ATR. Use 0 to disable. Typical 1 to 2 touches, 0.15 to 0.35 distance
Rejection scoring
• Reject max closes outside before re entry. Typical 2 to 6. Lower demands fast failure
• Reject min fail velocity. Typical 0.3 to 1.0. Higher demands sharper failure
• RVOL length and reject min RVOL. Typical 20 and 1.1 to 1.8
• Reject min sweep ATR and reject min snapback ATR. Typical sweep 0.25 to 0.80, snap 0.10 to 0.50
• Reject score threshold. Typical 60 to 85
Context
• Context timeframe. Typical 15, 30, or 60 minutes for intraday
• Context EMA length. Typical 34 to 100
• VWAP slope bars and trend slope threshold. Typical 4 to 12 bars, threshold 0.05 to 0.15
• Bias scores by regime. ON by default. Turn OFF if you want pure probe math only
UI
• Show signals, probe band, value fill, value lines, signal labels
• Table position and table size
Clean default. Minimal preset with value fill ON, value lines OFF, and labels OFF
Usage recipes
Intraday trend focus
• Preset Standard
• Context timeframe 30
• Bias scores by regime ON
• Accept score threshold 75
• Reject score threshold 80
• Break trigger Close
• Decision delta 20
Intraday mean reversion focus
• Preset Standard
• Mode Prev Day HL or Opening Range
• Bias scores by regime ON
• Reject max closes outside 3
• Reject min sweep 0.35 and snapback 0.20
• Reject score threshold 70
• Decision delta 15
Swing continuation
• Timeframe 60 minutes to 4 hours
• Context timeframe 1 day
• Increase Accept min closes outside and Accept confirm bars
• Increase Max probe bars
• Use Close trigger
• Raise Decision delta
Realism and responsible publication
• No performance claims. Past results never guarantee future outcomes
• No certainty about the future
• Intrabar motion reminder. Shapes can move while a bar forms and settle on close
• Standard candles are recommended. Non standard chart types change OHLC and can alter the meaning of sweeps and snapbacks
Honest limitations and failure modes
• Economic releases and thin liquidity can invalidate sweep and relocation behavior
• Gap heavy symbols can distort intrabar probe stats on small timeframes
• Very quiet regimes reduce score separation. Consider longer windows or higher thresholds
• Session windows use the exchange time of the chart
• Custom mode requires valid upper and lower values or the script will wait
Open source reuse and credits
• None
Legal
Education and research only. Not investment advice. You are responsible for your decisions. Test on historical data and in simulation before any live use. Use realistic costs.
Indicator
SPY/QQQ Customizable Price ConverterThis is a minimalist utility tool designed for Index traders (SPX, NDX, RUT). It allows you to monitor the price of a reference asset (like SPY, QQQ) directly on your main chart without cluttering your screen.
Key Features:
1.🖱️ Crosshair Sync for Historical Data (Highlight): Unlike simple info tables that only show the latest price, this script allows for historical inspection.
· How it works: Simply move your mouse crosshair over ANY historical candle on your chart.
· The script will instantly display the closing price of the reference asset (e.g., SPY) for that specific time in the Status Line (top-left) or the Data Window. Perfect for backtesting and reviewing price action.
2.🔄 Fully Customizable Ticker: Default is set to SPY, but you can change it to anything in the settings.
e.g.
· Trading NDX Change it to QQQ.
· Trading RUT Change it to IWM.
3.📊 Clean Real-Time Dashboard:
· A floating table displays the current real-time price of your reference asset.
· Color-coded text (Green/Red) indicates price movement.
· Fully customizable size, position, and colors to fit your layout.
Indicator
TriAnchor Elastic Reversion US Market SPY and QQQ adaptedSummary in one paragraph
Mean-reversion strategy for liquid ETFs, index futures, large-cap equities, and major crypto on intraday to daily timeframes. It waits for three anchored VWAP stretches to become statistically extreme, aligns with bar-shape and breadth, and fades the move. Originality comes from fusing daily, weekly, and monthly AVWAP distances into a single ATR-normalized energy percentile, then gating with a robust Z-score and a session-safe gap filter.
Scope and intent
• Markets: SPY QQQ IWM NDX large caps liquid futures liquid crypto
• Timeframes: 5 min to 1 day
• Default demo: SPY on 60 min
• Purpose: fade stretched moves only when multi-anchor context and breadth agree
• Limits: strategy uses standard candles for signals and orders only
Originality and usefulness
• Unique fusion: tri-anchor AVWAP energy percentile plus robust Z of close plus shape-in-range gate plus breadth Z of SPY QQQ IWM
• Failure mode addressed: chasing extended moves and fading during index-wide thrusts
• Testability: each component is an input and visible in orders list via L and S tags
• Portable yardstick: distances are ATR-normalized so thresholds transfer across symbols
• Open source: method and implementation are disclosed for community review
Method overview in plain language
Base measures
• Range basis: ATR(length = atr_len) as the normalization unit
• Return basis: not used directly; we use rank statistics for stability
Components
• Tri-Anchor Energy: squared distances of price from daily, weekly, monthly AVWAPs, each divided by ATR, then summed and ranked to a percentile over base_len
• Robust Z of Close: median and MAD based Z to avoid outliers
• Shape Gate: position of close inside bar range to require capitulation for longs and exhaustion for shorts
• Breadth Gate: average robust Z of SPY QQQ IWM to avoid fading when the tape is one-sided
• Gap Shock: skip signals after large session gaps
Fusion rule
• All required gates must be true: Energy ≥ energy_trig_prc, |Robust Z| ≥ z_trig, Shape satisfied, Breadth confirmed, Gap filter clear
Signal rule
• Long: energy extreme, Z negative beyond threshold, close near bar low, breadth Z ≤ −breadth_z_ok
• Short: energy extreme, Z positive beyond threshold, close near bar high, breadth Z ≥ +breadth_z_ok
What you will see on the chart
• Standard strategy arrows for entries and exits
• Optional short-side brackets: ATR stop and ATR take profit if enabled
Inputs with guidance
Setup
• Base length: window for percentile ranks and medians. Typical 40 to 80. Longer smooths, shorter reacts.
• ATR length: normalization unit. Typical 10 to 20. Higher reduces noise.
• VWAP band stdev: volatility bands for anchors. Typical 2.0 to 4.0.
• Robust Z window: 40 to 100. Larger for stability.
• Robust Z entry magnitude: 1.2 to 2.2. Higher means stronger extremes only.
• Energy percentile trigger: 90 to 99.5. Higher limits signals to rare stretches.
• Bar close in range gate long: 0.05 to 0.25. Larger requires deeper capitulation for longs.
Regime and Breadth
• Use breadth gate: on when trading indices or broad ETFs.
• Breadth Z confirm magnitude: 0.8 to 1.8. Higher avoids fighting thrusts.
• Gap shock percent: 1.0 to 5.0. Larger allows more gaps to trade.
Risk — Short only
• Enable short SL TP: on to bracket shorts.
• Short ATR stop mult: 1.0 to 3.0.
• Short ATR take profit mult: 1.0 to 6.0.
Properties visible in this publication
• Initial capital: 25000USD
• Default order size: Percent of total equity 3%
• Pyramiding: 0
• Commission: 0.03 percent
• Slippage: 5 ticks
• Process orders on close: OFF
• Bar magnifier: OFF
• Recalculate after order is filled: OFF
• Calc on every tick: OFF
• request.security lookahead off where used
Realism and responsible publication
• No performance claims. Past results never guarantee future outcomes
• Fills and slippage vary by venue
• Shapes can move during bar formation and settle on close
• Standard candles only for strategies
Honest limitations and failure modes
• Economic releases or very thin liquidity can overwhelm mean-reversion logic
• Heavy gap regimes may require larger gap filter or TR-based tuning
• Very quiet regimes reduce signal contrast; extend windows or raise thresholds
Open source reuse and credits
• None
Strategy notice
Orders are simulated by PulseWire on standard candles. request.security uses lookahead off where applicable. Non-standard charts are not supported for execution.
Entries and exits
• Entry logic: as in Signal rule above
• Exit logic: short side optional ATR stop and ATR take profit via brackets; long side closes on opposite setup
• Risk model: ATR-based brackets on shorts when enabled
• Tie handling: stop first when both could be touched inside one bar
Dataset and sample size
• Test across your visible history. For robust inference prefer 100 plus trades.
Strategy
NDX Ladder → Adjusted to Active Ticker (5s & 10s)This indicator allows you to a grid of NDX levels directly on the NQ! (E-mini NASDAQ 100 Futures) chart, automatically adjusting for the spread between NDX and NQ1!. This is particularly useful for traders who perform technical analysis on SPX but execute trades on NQ1!.
Features:
Renders every 5 and 10 points steps of the NDX in your current chart.
The script adjusts these levels in real-time based on the current spread between NDX and NQ / MNQ
Plots updated horizontal lines that move with the spread
Indicator
NDX Levels Adjusted to Active TickerThis indicator allows you to plot custom NDX levels directly on the NQ1! (E-mini NASDAQ-100 Futures) chart, automatically adjusting for the spread between NDX and NQ1!. This is particularly useful for traders who perform technical analysis on NDX but execute trades on NQ1!.
Features:
Input up to three NDX key levels to track (e.g., 23000, 24000, 25000).
The script adjusts these levels in real-time based on the current spread between NDX and NQ1!
Displays the spread in the chart header for quick reference
Plots updated horizontal lines that move with the spread
Includes optional labels showing the spread periodically to reduce clutter
Supports Multiple Tickers: NQ1!, QQQ, NAS100 and NAS100USD.
Ideal for futures traders who want SPX context while trading NQ1!, QQQ, NAS100 or NAS100USD..
Indicator
QQQ NDX NQ Price Converter [Pt]A must have tool for QQQ NDX NQ traders~!!!
Description
The QQQ NDX NQ Price Converter is a powerful and easy-to-use tool that allows traders to view corresponding price levels for linked instruments in real-time. This includes QQQ, NDX, NQ, and NAS100USD. Although these instruments often move in sync, differences in price movements, volume, and trading hours can create unique key levels and support/resistance areas for each. By mapping these levels on the same chart, traders can more easily spot trading opportunities and improve their chances of success.
Customizable features
- multiplier from the closest whole number price level
- line color
- line style
- label position / size
- # of levels to display
- toggle current price display table
Indicator
Price Distance RatioThis study plots the ratio between current price and the price N days ago.
With N input that is configurable, users can find optimal long/short entries when price is in an established trend and price has diverge far from a given local peak or all time high.
With many years of stock trading the analysis indicates a connection between the distance of price and subsequent returns.
Portfolios of stocks with lower price to local highes ratios generally underperformed portfolios of stocks with higher prices to peaks reached similar N days ago.
The highest returns to previous peak are recorded when buying at the biggest dip.
For example, the purchase at 20% drawdown could generate 25% when price returns to the peak. The purchase at 50% drawdown could generate bigger, i.e. 100% return, when price returns to the peak. And the purchase at 90% drawdown could generate much bigger, i.e. 900% return, in a case the price returns to the peak.
However, buying very far below local peaks on almost all holding periods produces lower CAGR returns because of "timing adjustment". In simple words, typically the drawdown takes less time vs. further recovery.
For example:
👉 The largest BTC drawdown in 2013-2015 took 410 days (Peak-to-Valley) . And the recovery of BTC to new highs took 771 days (Valley-to-Peak) after that.
👉 The 3rd longest drawdown in BTC took 363 days (observed from December 17, 2017 to December 15, 2018). And further recovery in BTC to its new high took almost two years - 716 days .
👉The 4th longest drawdown in BTC took 162 days (observed from June 08, 2011 to November 17, 2011). And further recovery in BTC to its new high took more than a year - 469 days .
The concept of this study could recognizes at least 4 different modes of action.
👉 In a clearly established upward trend traders should be buying (following the trend) when Ratio is above 100% and reducing the size when Ratio turns below 100%.
👉 Conversely, in a clearly established downward trend traders should be shorted when Ratio is below 100% and covering when the Ratio turns back to 100%.
👉 In a sideways movement traders are advised to wait carefully if the Ratio near 100% for a long time, and take a position the trend is clear.
👉 Chartists can analyze the dynamic of the indicator - both in terms of trends and overall level. For example as it shown at the chart.
The understading of the study and rules of "timing adjustments" could genarate the awesome opportunities for stock options traders also, with strategies of selling uncovered call options and vertical call spreads.
// Many thanks to @HPotter and @Wheeelman wizards for their continious support and assistance.
Indicator
NASDAQ Advance/Decline Line 1.0NASDAQ Advance/Decline Line is a Market Breath indicator.
Brought to you by IQ-trading (Andrei Bogdan) via Trading View Pine script. If you find this helpful in anyway, please leave a like!
A/D line calculates a ratio between total number of NASDAQ stocks advancing and total number of NASDAQ stocks in one day, providing another way to grasp the market breath at any moment.A
Green columns mean more than 50% of NASDAQ stocks are advancing, red columns mean more than 50% of NASDAQ stocks are declining.
Green values above the top band mean correlation to the upside, red values bellow the low band mean correlation to the downside.
Correlation means rising probability of capitulation (to the upside or to the downside).
For a better interpretation, NASDAQ Advance/Decline Line should be used in conjunction with other indicators (volatility, volume, etc.).
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NASDAQ here refers to the totality of assets listed on the NASDAQ exchange, not to the Nasdaq Composite index or the Nasdaq100 index.
NASDAQ is the second-largest stock exchange on earth, and operates the two major stock indexes based on companies that trade on its exchange: the Nasdaq Composite and the Nasdaq 100.
The Nasdaq Composite tracks the performance of more than 3,000 stocks listed on the Nasdaq while the Nasdaq 100 captures the performance of the exchange’s largest non-financial companies.
Indicator
Trend System Oscillator Averages RatingThis is a trend system made with multiple oscillator averages designed especially for trending markets such as stocks or crypto.
It can be used with any timeframe.
Its made of multiple moving oscillators such as
RSI
Stochastic
ADX
CCI
AO
MACD
MOM
STOCH RSI
WPR
BP
UO
Avg of all oscillators
It has also a rating, making an avg from all of the oscillators , going from -100 (all ma's are telling to go short ) to 100 ( all ma are telling to go long).
If you have any questions let me know !
Indicator
Improved Bollinger Swing Strategy Stock NasdaqThis is an improved bollinger band strategy adapted to Nasdaq Index/Stocks.
The new update include a multiple logic calculation BB adapted for long and short, together with a risk management using movement in %.
Rules for entry
For long we have a crossover between the close and the lower band from the bb
For long we have a crossover between the close and the upper band from the bb
Rules for exit
We exit when we either find a reverse condition, or if we hit the take profit/stop loss levels.
If you have any questions, let me know !
Strategy
Stock trending strategy This is a long only strategy designed maily for stock markets and futures. In general it works best with 1h, however it can be optimized with other timeframes as well.
Components:
VWAP
MACD histogram
EMA 9
Rules for entry
Long :
For VWAP: close is above the vwap daily
EMA: close is above the moving average
MACD histogram is above 0
Short:
For VWAP: close is belowthe vwap daily
EMA: close is below the moving average
MACD histogram is below 0
Rules for exit
This strategy does not have any risk management inside. Instead it exits whenver it receives an opposite signal form the original one used for entry.
If you have any questions let me know !
Strategy
Ichimoku with MACD/ CMF/ TSIThis is a very powerful trend strategy designed for markets such as stocks market , stock index and crypto.
For time frames I found out that 1h seems to do the trick.
Components:
Ichimoku full pack
MACD histogram
CMF oscillator
TSI oscillator
Rules for entry
Long :
For Ichimoku:Tenkan part of cloud is bigger than kijun, Chikou is above 0 , close of a candle is above the Senkou
MACD histogram is above 0
CMF oscillator is positive and bigger than 0.1
TSI oscillator is above 0
Short:
For Ichimoku:Tenkan part of cloud is smaller than kijun, Chikou is below 0 , close of a candle is belowthe Senkou
MACD histogram is below 0
CMF oscillator is negative and below -0.1
TSI oscillator is below 0
Rules for exit
This strategy does not have any risk management inside. Instead it exits whenver it receives an opposite signal form the original one used for entry.
If you have any questions let me know !
Strategy
Higher vs Lower Pivots overlayA simple script that I made that draws lines between the high and low pivots. The color of the line define if the pivot is higher or lower than the previous pivot. The main thing to tune is the pivot look back vs look ahead, which are the same params used by the pulsewire pivot indicator. There are several other params you can tweaks to get the look you want.
Indicator
SMI-VIX-SPY-NDX-Index
This script offers an SMI index of VIX, SPY, and NDX. Rather than overlaying VIX, NDX and SPY on the same chart.
It's much easier to see the correlation between VIX's price and NDX / SPY price in this manner.
Thanks to Buckkets & William Blau for the TSI smoothing method.
Indicator
