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ADR Plots + OverlayADR Plots + Overlay This tool calculates and displays Average Daily Range (ADR) levels on your chart, giving traders a quick visual reference for expected daily price movement. It plots guide levels above and below the daily open and shows how much of the day's typical range has already been covered—all in one interactive table and on-chart overlay. What It Does ADR Calculation: Uses daily high-low differences over a user-defined period (default 14 days), smoothed via RMA, SMA, EMA, or WMA to calculate the average daily range. Projected Levels: Plots four reference levels relative to the current day's open price: +100% ADR: Open + ADR +50% ADR: Open + 50% of ADR −50% ADR: Open − 50% of ADR −100% ADR: Open − ADR Coverage %: Tracks intraday high and low prices to calculate what percentage of the ADR has already been covered for the current session: Coverage % = (High − Low) ÷ ADR × 100 Interactive Table: Shows the ADR value and today's ADR coverage percentage in a customizable table overlay. The table position, colors, border, transparency, and an optional empty top row can all be adjusted via settings. Customization Options Table Settings: Position the table (top/bottom × left/right). Change background color, text color, border color and thickness. Toggle an empty top row for spacing. Line Settings: Choose color, line style (solid/dotted/dashed), and width. Lines automatically reposition each day based on that day's open price and ADR calculation. General Inputs: ADR length (number of days). Smoothing method (RMA, SMA, EMA, WMA). How to Use It for Trading Measure Daily Movement: Instantly know the expected daily price range based on historical volatility. Identify Overextension: Use the coverage % to see if the market has already moved close to or beyond its typical daily range. Plan Entries & Exits: Align trade targets and stops with ADR levels for more objective intraday planning. Visual Reference: Horizontal guide lines and table update automatically as new data comes in, helping traders stay informed without manual calculations. Ideal For Intraday traders tracking daily volatility limits. Swing traders wanting a quick reference for expected price movement per day. Anyone seeking a volatility-based framework for planning targets, stops, or identifying extended market conditions.
Pine Script® indicator
by abbadon9
Adjustable Percentage Range Moving Average - Add'l LinesThe Adjustable Percentage Range Moving Average (APRMA), originally developed by @ReallyWendy, is a versatile PineScript indicator designed for traders and market analysts to analyze market volatility and identify trends dynamically. Building on the original concept, this updated version plots a central moving average (MA) with four customizable percentage-based range bands around it. Users can select the MA type (SMA, EMA, HMA, RMA, SWMA, TMA, WMA, VWMA), timeframe, and length, tailoring the indicator to their trading style. Each range band (upper and lower) is calculated as a percentage offset from the MA, with adjustable colors and transparency settings for enhanced visual clarity. Extension lines project the latest values forward, with customizable styles (solid, dashed, dotted). The indicator includes toggleable display options for the MA and each range pair, making it an effective tool for identifying price ranges, support/resistance levels, and trend dynamics. Credit to @ReallyWendy for the foundational concept.
Pine Script® indicator
by northfieldwhale
1 Hour HA Venkat Sir CommoditiesHere’s a clear and professional description you can use for your TradingView script: --- ### **Script Name:** **1 Hour HA Venkat Sir Commodities** ### **Description:** This indicator is designed for identifying potential **buy and sell signals** in commodity markets using **Heikin Ashi candlestick patterns** combined with a **Relative Strength Index (RSI) filter**. It works on the **1-hour timeframe** and aims to capture early trend reversals or momentum shifts. ### **Key Features:** * ✅ **Heikin Ashi Pattern Detection:** Detects the following reversal candlestick patterns on calculated Heikin Ashi candles: * **Bullish Engulfing** * **Bullish Harami** * **Bearish Engulfing** * **Bearish Harami** * ✅ **RSI Confirmation Filter:** Adds an extra layer of confirmation using the standard 14-period RSI on regular price candles: * **Buy signals** trigger only when RSI < 40 (oversold zone). * **Sell signals** trigger only when RSI > 60 (overbought zone). * ✅ **Visual Signals:** * **Green upward triangles** below candles for buy signals. * **Red downward triangles** above candles for sell signals. * ✅ **Alert Conditions:** Built-in alerts to notify users when valid buy or sell conditions are met. ### **Usage Tip:** Best used on commodities charts set to the **1-hour timeframe**. Ensure you're not using Heikin Ashi chart mode, as the script calculates its own Heikin Ashi values for accuracy and consistency. --- Let me know if you’d like a shorter version or want this translated into Hindi or another language.
Pine Script® indicator
by CA_Anand_kumar
Williams Alligator with Background ColoringThe Benefits of the Williams Alligator – Without the “Spaghetti” on Your Chart If you're one of those traders who prefer a clean, well-structured chart but don't want to miss out on the advantages of the Williams Alligator, this script is the perfect solution. It includes all the features of the original TradingView script plus a background color feature based on your custom parameters: Green when all candles are above the Alligator lines Red when all candles are below all lines Gray for everything in between Feel free to customize the colors and transparency to your liking. Happy Trading!
Pine Script® indicator
by trdvak
Opening-Range BreakoutNote: Default trading date range looks mediocre. Set date range to "Entire History" to see full effect of the strategy. 50.91% profitable trades, 1.178 profit factor, steady profits and limited drawdown. Total P&L: $154,141.18, Max Drawdown: $18,624.36. High R^2 █ Overview The Opening-Range Breakout strategy is a mechanical, session‑based day‑trading system designed to capture the initial burst of directional momentum immediately following the market open. It defines a user‑configurable “opening range” window, measures its high and low boundaries, then places breakout stop orders at those levels once the range closes. Built‑in filters on minimum range width, reward‑to‑risk ratios, and optional reversal logic help refine entries and manage risk dynamically. █ How It Works Opening‑Range Formation Between 9:30–10:15 AM ET (configurable), the script tracks the highest high and lowest low to form the day’s opening range box. On the first bar after the range window closes, the range high (OR_high) and low (OR_low) are “locked in.” Range‑Width Filter To avoid false breakouts in low‑volatility mornings, the range must be at least X% of the current price (default 0.35%). If the measured opening-range width < minimum threshold, no orders are placed that day. Entry & Order Placement Long: a stop‑buy order at the opening‑range high. Short: a stop‑sell order at the opening‑range low. Only one side can trigger (or both if reverse logic is enabled after a losing trade). Risk Management Once triggered, each trade uses an ATR‑style stop-loss defined as a percentage retracement of the range (default 50% of range width). Profit target is set at a configurable Reward/Risk Ratio (default 1.1×). Optional: Reverse on Stop‑Loss – if the initial breakout loses, immediately reverse into the opposite side on the same day. Session Exit Any open positions are closed at the end of the regular trading day (default 3:45 PM ET window end, with hard flat at session close). Visual cues are provided via green (range high) and red (range low) step‑line plots directly on the chart, allowing you to see the range box and breakout triggers in real time. █ Why It Works Early Momentum Capture: The first 15 – 60 minutes of trading encapsulate overnight news digestion and institutional order flow, creating a well‑defined volatility “range.” Mechanical Discipline: Clear, rule‑based entries and exits remove emotional guesswork, ensuring consistency. Volatility Filtering: By requiring a minimum range width, the system avoids choppy, low‑range days where false breakouts are common. Dynamic Sizing: Stops and targets scale with the opening range, adapting automatically to each day’s volatility environment. █ How to Use Set Your Instruments & Timeframe -Apply to any futures contract on a 1‑ to 5‑minute chart. -Ensure chart timezone is set to America/New_York. Configure Inputs -Opening‑Range Window: e.g. “0930-1015” for a 45‑minute range. -Min. OR Width (%): e.g. 0.35 for 0.35% of current price. -Reward/Risk Ratio: e.g. 1.1 for a modest profit target above your stop. -Max OR Retracement %: e.g. 50 to set stop at 50% of range width. -One Trade Per Day: toggle to limit to a single breakout. -Reverse on Stop Loss: toggle to flip direction after a losing breakout. Monitor the Chart -Watch the green and red range boundaries form during the session open. -Orders will automatically submit on the first bar after the range window closes, conditioned on your filters. Review & Adjust -Backtest across multiple months to validate performance on your preferred contract. -Tweak range duration, minimum width, and R/R multiple to fit your risk tolerance and desired win‑rate vs. expectancy balance. █ Settings Reference Input Defaults Opening‑Range Window - Time window to form OR (HHMM-HHMM) - 0930–1015 Regular Trading Day - Full session for EOD flat (HHMM-HHMM) - 0930–1545 Min. OR Width (%) - Minimum OR size as % of close to trigger orders - 0.35 Reward/Risk Ratio - Profit target multiple of stop‑loss distance - 1.1 Max OR Retracement (%) - % of OR width to use as stop‑loss distance - 50 One Trade Per Day - Limit to a single breakout order per day - false Reverse on Stop Loss - Reverse direction immediately after a losing trade - true Disclaimer This strategy description and any accompanying code are provided for educational purposes only and do not constitute financial advice or a solicitation to trade. Futures trading involves substantial risk, including possible loss of capital. Past performance is not indicative of future results. Traders should assess their own risk tolerance and conduct thorough backtesting and forward-testing before committing real capital.
Pine Script® strategy
by fabledforman
1
Opening Range v3 (Dynamic)Opening Range Signals v3 (Dynamic) - Indicator Guide Created by: MecarderoAurum Why This Indicator Exists: An Overview The "Opening Range Signals" indicator is a sophisticated tool designed for day traders who focus their strategy on the price action that unfolds during the Regular Trading Hours (RTH) of the New York session (09:30 - 16:00 ET). The opening period of the market, often called the "initial balance," is a critical time where institutions and traders establish the early high and low for the day. Trading the breakout of this range is a classic and effective strategy, but it's often plagued by false moves and "head fakes." This indicator was built to solve that problem. It not only identifies the initial range but also incorporates a powerful dynamic expansion feature. This allows the indicator to intelligently adapt to early session volatility, filter out false breakouts, and establish more reliable support and resistance levels for the rest of the trading day. It provides a clear, visual framework for executing opening range strategies with more confidence. Key Features & How to Use Them 1. Customizable Opening Range This is the foundation of the indicator. It draws the high and low of the initial trading period on your chart. What it does: Establishes the initial support and resistance levels for the day. How to use it: In the settings under "Time Settings," you can set the "Opening Range Duration" from 1 to 30 minutes. A shorter duration (e.g., 5 minutes) will be more sensitive and give earlier signals, while a longer duration (e.g., 30 minutes) will establish a wider, more robust range. 2. Dynamic Range Expansion This is the indicator's most powerful and unique feature. It helps you avoid getting trapped in false breakouts. What it does: If the price breaks out of the initial range but then quickly closes back inside, the indicator will automatically expand the range to include the full wick of the failed breakout. This tells you the market is still establishing its true range. How to use it: In the settings under "Dynamic Range," you can: "Enable Dynamic Range Expansion": This is on by default. "Expansion Time Limit (Min)": Set how long the indicator should look for these failed breakouts. After this time, the range will be locked for the day. 3. Clear Visual Trading Signals The indicator provides three distinct signals to help you interpret the price action around the opening range. Breakout Body (Yellow plotshape): What it means: The first confirmation that the price has decisively moved outside the established range. It appears when a candle's body closes entirely above the high or below the low. How to use it: This is your alert that a potential breakout is underway. Do not enter yet; wait for confirmation. Continuation (Green plotshape): What it means: This signal appears on the candle immediately following a breakout if it shows momentum in the same direction. It confirms that the breakout has strength. How to use it: This is a potential entry trigger. A continuation signal suggests the breakout is valid and may continue. Failure (Red plotshape): What it means: This signal appears if, after a breakout and continuation, the price quickly reverses and closes back inside the range. It's a strong indication of a false breakout. How to use it: If you are in a breakout trade, a failure signal is a clear sign to exit. It can also be used as a setup for a reversal trade in the opposite direction. Sample Strategy: The Breakout-Continuation Trade This strategy uses the indicator's signals to trade a classic opening range breakout with added confirmation. Setup: Set the "Opening Range Duration" to your preferred time (e.g., 5 or 15 minutes). Ensure the "Dynamic Range Expansion" is enabled to filter out early noise. Entry Trigger: Wait for a Breakout signal (yellow) to appear. This puts you on high alert. Wait for a Continuation signal (green) on the very next candle. This is your entry trigger. Enter a long trade on a bullish continuation or a short trade on a bearish continuation. Stop-Loss: For a bullish (long) trade, a common stop-loss placement is just below the low of the continuation candle or, for a more conservative stop, just inside the opening range high. For a bearish (short) trade, place your stop-loss just above the high of the continuation candle or just inside the opening range low. Trade Management: If a Failure signal (red) appears after you've entered, it indicates the breakout has failed. This is a strong signal to exit your trade immediately to protect your capital. If the trade moves in your favor, you can manage it by taking profits at key levels or using a trailing stop.
Pine Script® indicator
by MercaderoAurum
ALMA Optimized Strategy - Volatility Filter + UT BotThe strategy you provided is an ALMA Optimized Strategy implemented in Pine Script™ version 5 for TradingView. Here is a brief English summary of what it is and how it works: It is a trend-following strategy combining multiple technical indicators to optimize trade entries and exits. The core moving average used is the ALMA (Arnaud Legoux Moving Average), known for smoother and less lagging price smoothing compared to traditional EMAs or SMAs. The strategy also uses other indicators: Fast EMA (Exponential Moving Average) EMA 50 ATR (Average True Range) for volatility measurement and dynamic stop loss and take profit levels RSI (Relative Strength Index) for momentum with overbought/oversold levels ADX (Average Directional Index) for confirming trend strength Bollinger Bands as a volatility filter Buy signals trigger when volatility is sufficient (ATR filter), price is above EMA 50 and ALMA, RSI indicates bullish momentum, ADX confirms trend strength, price is below the upper Bollinger Band, and there is a cooldown period to prevent repeated buys within a short time. Sell signals are generated when price crosses below the fast EMA. The strategy manages position entries and exits dynamically, applying ATR-based stop loss and take profit levels, and optionally a time-based exit. Additionally, the script integrates the UT Bot, an ATR-based trailing stop and signal system, enhancing trade exit precision. Buy and sell signals are visually marked on the chart with colored triangles for easy identification. In essence, this strategy blends advanced smoothing (ALMA) with volatility filters and trend/momentum indicators to generate reliable buy and sell signals, while managing risk dynamically through ATR-based stops and profit targets. It aims to adapt to changing market conditions by filtering noise and confirming trends before entering trades.
Pine Script® strategy
by blntduman
MJBFX VWAP WITH SIGNALSThe MJBFX VWAP Channel is a custom-built volume-weighted average price indicator designed around the MJBFX trading methodology. This tool tracks multiple rolling VWAPs anchored to a user-defined timeframe (default: 1H), then calculates percentile levels (Max, Upper, Median, Lower, Min) to create a dynamic channel. These levels act as key support and resistance zones that adapt to market conditions. 🔶 Features: Adjustable anchor period and VWAP count (up to 500 VWAPs) Percentile-based VWAP levels (Max, Upper, Median, Lower, Min) Customisable colours, widths, and line styles Optional gradient channel fills Anchor period highlights for session awareness MJBFX Branded Signals: 🟠 Buy – Triggered when price crosses above the lower VWAP (MJBFX Orange) ⚪ Sell – Triggered when price crosses below the upper VWAP (MJBFX Grey) Built-in alert conditions for automated trade notifications 🔶 How to Use: The VWAP channel provides a dynamic structure for intraday trading. Buy opportunities often occur when price sweeps below the lower band and reclaims it. Sell opportunities often occur when price sweeps above the upper band and rejects. Use in confluence with market structure, session timing, and your trading plan (e.g., MJB-FX Asian Sweep strategy).
Pine Script® indicator
by MJB-FX
3
EMA+ATR Band MTF Trend EntryThis is a Multi-Timeframe Trend Trading indicator strategy adapted from Sahil Rohmehtra’s Mentorship programme. The trading decision is made by first accessing the trend in higher timeframe (say Monthly) by using TWO EMAs. If the faster EMA (say 20 period) is above Slower EMA (say 50 period) and the price is above slower EMA then the trend is suitable for buyers. Similarly if faster EMA is below slow EMA and the price is below that then trend is suitable for sellers. Once we access the trend in the higher timeframe we move to the lower timeframe (say Weekly) and access the 5-period RSI value. If RSI is below 30 then we can prepare for possible buy entry in lower (Daily) timeframe if entry conditions are met in daily timeframe. Similarly sell bias can be initiated when the higher timeframe EMA trend is down, daily RSI is above 70 and sell entry condition is met in daily timeframe. The RSI thresholds can be changed by the user. Once we identified the RSI bias then wait for the confirmation candle in the lower timeframe (say 1 hour). In the entry timeframe we plot a band of 20 EMA of LOWs ± 1 ATR lines. Here,we wait for a candle to close above the 20 EMA of LOWs + 1 ATR for a buy signal with an increase in On Balance Volume (OBV) value. Similarly for sell signal we should get a candle close below the 20 EMA of LOWs - 1 ATR with corresponding change in OBV. This candle is the signal candle. Once we get a Buy or Sell signal the corresponding stop loss is the nearest LOW - 1 ATR or HIGH + 1 ATR. The ATR scaling may be changed by the user. Now if another candle closes above the high of the buy signal candle then enter on buy. If the low of the buy signal candle is broken then it is a potential short-term sell entry. Similarly if another candle closes below the sell signal candle then enter short and if there is a close above high of the signal candle then it is a potential buy entry.
Pine Script® indicator
by librantrader
Keltner Channels MTFKeltner Channels MTF | Adapted 🌌 Navigate the market’s wild waves with these Keltner Channels, a sleek spin on AlchimistOfCrypto’s Bollinger Bands! This Pine Script v6 indicator tracks price action like a radar, highlighting trends with scientific precision. 🧪 Key Features: Customizable Channels: Adjust period and multiplier to map market volatility, signaling potential reversals when prices hit the upper or lower bands. 📈 MA Options: Switch between Exponential or Simple Moving Average for trend clarity. ⚙️ Band Styles: Select Average True Range, True Range, or Range to define volatility edges. 📏 Glow Effect: Illuminate bands with 8 vibrant themes (Neon, Grayscale, etc.) for visual pop. ✨ Trend Signals: Spot bullish/bearish shifts with glowing circles, flagging momentum changes. 💡 Alerts: Catch price breakouts or trend reversals at band edges, warning of potential market U-turns. 🚨 Perfect for traders decoding market trends with a touch of cosmic style! 🌠
Pine Script® indicator
by AlchimistOfCrypto
SMAs Ghost in the Machine v3SMAs Ghost in the Machine v3 Created by: MecarderoAurum Overview The "SMAs Ghost in the Machine" is a powerful multi-timeframe analysis tool designed for traders who want to align their entries and exits with the trend on several different chart periods simultaneously. At its core, the indicator plots the 9-period and 20-period Simple Moving Averages (SMAs) from up to three user-defined timeframes directly onto your active chart. Its most powerful feature is the Combined Crossover Signal, which allows you to create highly specific, custom trading setups by defining conditions that must occur at the same time across any of the enabled timeframes. This eliminates guesswork and helps you visually confirm when your precise market conditions are met. Important Note on Line Drawing This indicator allows you to see trends of other timeframes. A specific design choice was made not to smooth the moving average lines. This is to ensure that the crossover signals appear on the exact candle where the cross occurs in real-time. Smoothing the lines can cause a delay and shift the signal to a later candle. The side effect of this accuracy is that the lines will appear "stepped." As new data comes in on your current chart, you may need to refresh the chart to keep the higher timeframe lines updated. We are working on a solution to this. Capabilities Multi-Timeframe Analysis: Plot the 9 and 20 SMAs from three different timeframes (e.g., 1-minute, 5-minute, and 30-minute) on a single chart. Individual Crossover Signals: Automatically plots a green triangle (▲) for a "Golden Cross" (9 SMA crosses above 20) and a red triangle (▼) for a "Death Cross" (9 SMA crosses below 20) on each individual timeframe. Combined Crossover Engine: Define a custom bullish or bearish signal by combining multiple events. The indicator will plot a green diamond (◆) for your bullish setup and a red diamond (◆) for your bearish setup when all specified conditions are met on the same candle. Customizable Alerts: Create alerts for both the individual 9/20 SMA crosses and your custom Combined Crossover Signal to ensure you never miss a potential setup. How to Use the Indicator Basic Setup Add the "SMAs Ghost in the Machine v3" indicator to your TradingView chart. Open the indicator settings. Under the Timeframe Settings, enable the timeframes you want to monitor and select the desired period for each (e.g., TF1: '1', TF2: '5', TF3: '30'). Configuring the Combined Crossover Signal This is the core feature for defining your specific trading setups. In the settings, go to the "Combined Crossover Signal" group and check the box to "Enable Combined Signal." Decide if you are building a bullish (long) or bearish (short) setup. Under the "Bullish Setup" or "Bearish Setup" sections, check the boxes for every event that must happen at the same time for your signal to trigger. Example Bullish Setup: Let's say your strategy is to go long when: On the 1-minute chart (TF1), the price crosses above the 9 SMA. AND, on the 5-minute chart (TF3), the price also crosses above its 9 SMA. To configure this, you would check the following two boxes under the "Bullish Setup": TF1: Price crosses above 9 SMA TF3: Price crosses above 9 SMA Now, a green diamond (◆) will only appear on your chart when both of those conditions are true on the exact same bar, giving you a precise entry signal. Setting Up Alerts Go to the "Alert Settings" tab in the indicator options. Check the boxes for the alerts you want to enable (e.g., "Alert on TF1 SMA Cross," "Alert on Combined Signal"). Close the settings. Now, right-click on the chart and choose "Add alert." In the "Condition" dropdown, select "SMA Ghosts v3." A second dropdown will appear. Choose the specific event you want an alert for, such as Combined Bullish Signal or TF1 Golden Cross. Configure the alert options as desired and click "Create." Trading Strategies Trend Confirmation: Use the indicator on a 1-minute chart with the 5-minute 9/20 SMA lines enabled to see the 5-minute trend. Only take 1-minute trades that are in the same direction as the 5-minute SMAs. Multi-Flow Alignment: Keep track of bigger timeframes (like the 30-min or 4-hour) to also match your entries with longer-term market flows. Avoid Flat Markets: Avoid taking trades when the SMA lines from multiple timeframes are flat or moving sideways, as this indicates a lack of clear trend.
Pine Script® indicator
by MercaderoAurum
1
Futures Trade Entry Indicator (MTF)Work in Progress with the help of Claude. Not ready for active trading. Public for help improving. This will be a multi-timeframe futures trading indicator with supply/demand zones, Fair Value Gaps (FVGs), and sophisticated entry/exit logic.I've created a comprehensive Pine Script v6 indicator that matches all your specifications! Here's what the script includes: ## **Key Features Implemented:** ### **🔄 Multi-Timeframe Logic** - **1H Chart Data**: Detects Supply Zones, Demand Zones, and Fair Value Gaps - **Current Timeframe**: Monitors for re-entry and confirmation signals ### **📊 Zone Detection** - **Supply Zones**: Identified using pivot highs with configurable strength - **Demand Zones**: Identified using pivot lows with touch validation - **Fair Value Gaps**: Both bullish and bearish FVGs detected automatically - **Auto-Expiry**: Zones expire after 24 hours (configurable) ### **⚡ Entry Logic** - **Dual Confirmation Required**: - ✅ Engulfing candle pattern (bullish/bearish) - ✅ Market structure shift (HH→LL or LL→HH) - **Zone Re-entry**: Price must be within identified zones/FVGs ### **🎯 Probability System** - **Smart Scoring**: Based on zone age, strength, and risk/reward ratio - **Color-Coded**: Green (High), Yellow (Medium), Red (Low) - **Real-time Calculation**: Updates with each potential entry ### **🎨 Visual Elements** - **Colored Zones**: Supply (red), Demand (green), FVGs (blue/orange) - **Entry Labels**: 🟩 LONG / 🟥 SHORT markers - **Probability Labels**: Display confidence levels - **Confirmation Shapes**: Triangle indicators for pattern completion ### **⚙️ Manual Controls** All the requested toggles are available in the settings panel: - Show/Hide Supply Zones - Show/Hide Demand Zones - Show/Hide FVGs - Show/Hide Labels - Show/Hide Probability - Zone strength and expiry settings - Custom colors for all elements ### **🔔 Alert System** - Entry opportunity alerts - Includes probability assessment - Ticker symbol identification ## **Usage Instructions:** 1. **Apply to 15m chart** for active trading signals 2. **Configure settings** based on your preferences 3. **Set up alerts** for automated notifications 4. **Monitor probability levels** for trade quality assessment The script automatically handles the complex multi-timeframe analysis while keeping the interface clean and user-friendly. All zones update dynamically and expire appropriately to avoid clutter. Would you like me to adjust any specific parameters or add additional features?
Pine Script® indicator
by A_warrior
1
Vertical Time Marker Configurable (VTMC)# Vertical Time Marker Configurable (VTMC) ## Overview The Vertical Time Marker Configurable (VTMC) is a powerful PineScript v6 indicator designed to help traders quickly identify key market times across their entire chart history. Instead of hovering over candles to check timestamps, VTMC draws clear vertical lines with customizable labels at your specified times, making it easy to spot important market sessions, news events, or personal trading windows at a glance. ## Key Features ### ⏰ Flexible Time Selection - Set any time using an intuitive time picker (defaults to 8:30 AM Central Time) - Automatically draws lines at your specified time across all historical data - Perfect for marking market opens, closes, news releases, or personal trading times ### 🎨 Full Visual Customization - **Line Color**: Choose any color (defaults to white for maximum visibility) - **Line Style**: Solid, dashed, or dotted options - **Line Width**: Adjustable from 1-10 pixels - **Opacity Control**: Precise opacity slider (0-100%) for both line and text ### 🏷️ Smart Text Labels - **Preset Options**: New York Open, New York Close, London Open, London Close, Asia Open, Asia Close - **Custom Labels**: Enter any text for personalized marking (news events, trading windows, etc.) - **Configurable Text**: Adjustable size (8-20px), color, and opacity - **Smart Positioning**: Text appears just above the price action for clear visibility ### 📊 Professional Display - Lines extend fully from top to bottom of chart - Clean, non-intrusive design that doesn't clutter your analysis - Works on any timeframe and market - Historical lines persist across all chart data ## Perfect For ### Market Session Traders - Mark key session opens and closes - Identify overlap periods between major markets - Track session-specific price behavior patterns ### News Traders - Mark important economic releases (FOMC, NFP, etc.) - Create visual reminders for scheduled events - Track market reaction patterns around news times ### Institutional Flow Traders - Identify key institutional activity times - Mark order block formation periods - Track smart money movement windows ### Personal Trading Systems - Mark your optimal trading hours - Create visual discipline for trading windows - Track performance during specific time periods ## Why VTMC? Unlike hardcoded session indicators that only work for specific markets, VTMC gives you complete flexibility to mark ANY time that matters to your trading strategy. Whether you're tracking "MY Trading Window" from 9:30-10:30 AM or marking custom news events, VTMC adapts to your specific needs. The indicator eliminates the constant need to hover over candles to check times, instead providing instant visual reference points across your entire chart. This makes pattern recognition, backtesting, and trade timing significantly more efficient. ## Usage Tips - Use multiple instances for different time zones or events - Combine with other indicators for comprehensive market timing - Customize colors to match your chart theme - Use custom labels for personalized trading reminders *Built with precision in PineScript v6 for reliable performance and modern TradingView compatibility.*
Pine Script® indicator
by iluvit