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Intrabar

Internal Candle Strength [LuxAlgo]The Internal Candle Strength tool allows traders to divide each chart bar into multiple rows of custom size and inspect the strength of the lower timeframes trends located within each row. This tool effectively helps traders in identifying the power dynamic between bulls and bears within multiple areas within each bar, providing the ability to conduct LTF analysis. 🔶 USAGE The strength displayed within each row ranges from 0% to 100%, with 0% being the most bearish and 100% being the most bullish. Traders should be aware of the extreme probabilities located at the higher/lower end of the bars, as this can signal a change in strength and price direction. Traders can select the lower timeframe to pull the data from or the row size in the scale of the chart. Selecting a lower timeframe will provide more data to evaluate an area's strength. Do note that only a timeframe lower than the chart timeframe should be selected. 🔹 Row Size Selecting a smaller row size will increase the number of rows per bar, allowing for a more detailed analysis. A lower value will also generally mean that less data will be considered when calculating the strength of a specific area. As we can see on the chart above (all BTCUSD 30m), by selecting a different row size, traders can control how many rows are displayed per bar. 🔶 SETTINGS Timeframe: Lower timeframe used to calculate the candle strength. Row Size: Size of each row on the chart scale, expressed as a fraction of the candle range.
Pine Script® indicator
by LuxAlgo
11
Timeframe LoopThe Timeframe Loop publication aims to visualize intrabar price progression in a new, different way. 🔶 CONCEPTS and USAGE I got inspiration from the Pressure/Volume loop, which is used in Mechanical Ventilation with Critical Care patients to visualize pressure/volume evolution during inhalation/exhalation. The main idea is that intrabar prices are visualized by a loop, going to the right during the first half and returning to the left towards its closing point. Here, the main chart timeframe (CTF) is 4 hours, and we see the movements of eight 30-minute lower timeframe (LTF) periods, highlighted by four yellow dots/lines (first 2 hours -> "Right") and four blue dots/lines (last 2 hours <- "Left"): 🔹 BTF If "Show Lowest TF" is enabled, the LTF is split into another lower TF (BTF - "Base TF"); in this case, the 30-minute LTF is split into 10 parts of 3 minutes (BTF): Enabling "Loop Lowest TF" will enable the BTF to react similarly to the largest loop; from halfway, it will return to its startpoint: Here is a more detailed example: 🔹 Mini-Candles The included option "Mini-Candles" will bring even more detail, showing the LTF as Japanese candlesticks with user-defined colors and adjustable body width; in this example, the mini-candles associated with the first half (yellow lines/dots) are green/red, while blue/fuchsia in the second half (blue lines/dots): CTF 10 minutes, LTF 1 minute, BTF 5 seconds One can see the detailed intrabar price progression in one glance. CTF 5 minutes, LTF 1 minute, BTF 5 seconds If the LTF/BTF ratio, divided by two, results in a non-integer number, the right side will be a vertical line instead of just a turning point. In that case, the smaller, most right blue loop will be situated at the right of that line. 10 minutes / 1 minute = 10 -> 10 / 2 =    5 parts    5 minutes / 1 minute =   5 ->   5 / 2 = 2.5 parts 🔶 SETTINGS 🔹 Timeframes Lower Timeframe 1 Lower Timeframe 2 No need to worry about the order of both timeframes; BTF will be the lowest TF of the 2, LTF the highest; both have to be lower than the main chart TF (CTF); otherwise, it will result in the error: "`Lower Timeframes` should be lower than current chart timeframe". The ratio LTF / BTF should be equal or higher than 2; otherwise, this error will show: "`Lower Timeframe` should minimally be twice the `Base (smallest) Timeframe`" Lastly, the ratio CTF / BTF should be lower than 500; otherwise, this error will pop up: "`Current Chart timeframe` / `Lower Timeframe` should be less than 500." I have tried to capture runtime errors as best I could. If one should be triggered (red exclamation mark next to the title), it is best to increase the lowest TF. 🔹 Options Show Lowest TF: Show BTF progression. Loop Lowest TF: Enabling will let the BTF line return halfway. Show Mini-Candles Show Steps "Show Steps" can be useful to see how the script works, where the location of the current price is compared against the position of the left (L) and right (R) labels: 🔹 Style
Pine Script® indicator
by fikira
4
Intrabar Volume Distribution [BigBeluga]Intrabar Volume Distribution is an advanced volume and order flow indicator that visualizes the buy and sell volume distribution within each candlestick. 🔔 Before Use: Turn off the background color of your candles for clear visibility. Overlay the indicator on the top layout to ensure accurate alignment with the price chart. 🔵 Key Features: Inside Bar Volume Visualization: Each candlestick is divided into two columns: Left column displays the sell % volume amount. Right column displays the buy % volume amount. Provides a clear representation of buyer-seller activity within individual bars. Percentage Volume Labels: Labels above each bar show the percentage share of sell and buy volume relative to the total (100%). Quickly assess market sentiment and volume imbalances. Point of Control (POC) Levels: Orange dashed lines mark the POC inside each bar, indicating the price level with the highest traded volume. Helps identify key liquidity zones within individual candlesticks. Multi-Timeframe Volume Analysis: The indicator automatically uses a timeframe 20-30 times lower than the current one to gather detailed volume data. For each higher timeframe candle, it collects 20-30 bars of lower timeframe data for precise volume mapping. Each bar is divided into 100 volume bins to capture detailed volume distribution across the price range. Bins are filled based on the aggregated volume from the lower timeframe data. Lookback Period: Allows traders to select how many bars to display with delta and volume information. The beginning of the selected lookback period is marked with a gray line and label for quick reference. Indicator displays up to 80 bars back 🔵 Usage: Order Flow Analysis: Monitor buy/sell volume distribution to spot potential reversals or continuations. Liquidity Identification: Use POC levels to locate areas of strong market interest and potential support/resistance. Volume Imbalance Detection: Pay attention to percentage labels for quick recognition of buyer or seller dominance. Scalping & Intraday Trading: Ideal for traders seeking real-time insight into order flow and volume behavior. Historical Analysis: Adjust the lookback period to analyze past price action and volume activity. Intrabar Volume Distribution is a powerful tool for traders aiming to gain deeper insight into market sentiment through detailed volume analysis, allowing for more informed trading decisions based on real-time order flow dynamics.
Pine Script® indicator
by BigBeluga
14
Intrabar BoxPlotThe Intrabar BoxPlot publication highlights an uncommon technique by displaying statistical intrabar Lower Timeframe (LTF) values on the chart. 🔶 USAGE 🔹 Middle 50% Boxes By showing the middle 50% intrabar values through a box, we can more easily see where the intrabar activity is mainly situated. The middle 50% intrabar values are referred to from here on as Interquartile range (IQR). In this example, the successive IQRs form a channel where the price eventually breaks out. Disproportionately distributed values can give insights which can be used to find potential support/resistance areas. IQR gaps can give valuable information as well. Potentially, the price can return to these gaps. Seeing the IQR areas against regular candles gives an alternative image of the underlying price movements. 🔹 Highest volume Price level The script displays the price level with the highest volume situated, dependable on the user's source setting. Setting the source at 'close' will only display intrabar close values; the same goes for high, low, ... As seen in the above example, the volume levels can aid in finding support/resistance. 🔹 Median The location of the median off all intrabar values is displayed as a coloured dot: green when the close price is higher than the opening price and red if otherwise. The median can give valuable insights into price movements. 🔹 Outliers Medium (white dots) and extreme (white X) outliers, in combination with the IQR box, can help identify potential areas of interest. 🔹 Volume Delta When there is a discrepancy between the delta volume and direction of the candle, this will be displayed as follows: Green candle: when the sum of the volume of red intrabars is higher than the sum of the volume of green intrabars, the candle will be coloured orange. Red candle: when the sum of the volume of green intrabars is higher than the sum of the volume of red intrabars, the candle will be coloured blue. 🔹 Highlight Boxplot only Probably the easiest way to display boxplot only is by changing the Bar's style to Bars . 🔶 DETAILS All intrabar values (Lower TimeFrame - LTF) are sorted and evaluated. Values can be close , high , low , ... by selecting this in Settings ( source ). The middle 50% of all values are displayed as a box; this contains the values between percentile 25 (p25) and percentile 75 (p75). The value of percentile rank 75 means 75% of all values are lower. The value of percentile rank 25 means 25% of all values are lower, or 75% is higher. The difference between p75 and p25 is also known as Interquartile range (IQR) IQR is used to check for outliers. Wiki: Boxplot , Interquartile range Extreme high: maximum value, higher than p75 + IQR*3 Max outlier high: maximum value, higher than p75 + IQR*1.5 but lower than p75 + IQR*3 Max: maximum value, lower than p75 + IQR*1.5 Min: minimum value, higher than p25 - IQR*1.5 Min outlier low: minimum value, lower than p25 - IQR*1.5 but higher than p25 - IQR*3 Extreme low: minimum value, lower than p25 - IQR*3 Max and min must not be interpreted with the current candle high/low. 🔹 Example: Length of chart-puppets The following example can make it easier to digest. Forty "chart-puppets" are sorted by their length. The p25 value is 97 The p50 value is 120 The p75 value is 149 75% of all "chart-puppets" are smaller than p75, and 25% is larger than p75. 50% of all "chart-puppets" are smaller than p50, and 50% is larger than p50 (= median). 25% of all "chart-puppets" are smaller than p25, and 75% is larger than p25. IQR = 149 - 97 = 52 Extreme outlier limit max: p75 + IQR*3 = 149 + 52*3 = 305 Mild outlier limit max: p75 + IQR*1.5 = 149 + 52*1.5 = 227 Mild outlier limit min: p25 - IQR*1.5 = 97 - 52*1.5 = 19 Extreme outlier limit min: p25 - IQR*3 = 97 - 52*3 = -59 In this example there are no outliers to be found, all values are located between p25 - IQR*1.5 (19) and p75 + IQR*1.5. (227) 🔹 Source settings Note that results are dependable on the chosen source (settings). When, for example, close is chosen as the source, only intrabar close prices are included. This means a low or high can stretch further then the min or max. Here we can see different results with different source settings 🔹 LTF settings When 'Auto' is enabled (Settings, LTF), the LTF will be the nearest possible x times smaller TF than the current TF. When 'Premium' is disabled, the minimum TF will always be 1 minute to ensure TradingView plans lower than Premium don't get an error. Examples with current Daily TF (when Premium is enabled): 500 : 3 minute LTF 1500 (default): 1 minute LTF 5000: 30 seconds LTF (1 minute if Premium is disabled) 🔶 SETTINGS Source: Set source at close, high, low,... 🔹 LTF LTF: LTF setting Auto + multiple: Adjusts the initial set LTF Premium: Enable when your TradingView plan is Premium or higher 🔹 Intrabar Delta : Colors, dependable on different circumstances. Up: Price goes up, with more bullish than bearish intrabar volume. Up-: Price goes up, with more bearish than bullish intrabar volume. Down: Price goes down, with more bearish than bullish intrabar volume. Down+: Price goes down, with more bullish than bearish intrabar volume. 🔹 Table Show table: Show details at the top right corner Show TF: Show LTF at the bottom right corner Text color/table size See DETAILS for more information
Pine Script® indicator
by fikira
11
Market Structure (Intrabar) [LuxAlgo]The Market Structure (Intrabar) indicator is designed to automatically detect and highlight real-time intrabar market structures, a core component of the Smart Money Concepts methodology. 🔶 USAGE The proposed indicator gives a detailed picture of the most recent candle lower timeframe trends, highlighting market structures within them. This can be particularly useful to assess the price dynamic within the most recent candle. For example, we can see how pronounced a trend is by the number of opposite bullish/bearish market structures formed within the candle. Users can select the intrabar timeframe of interest from the "Intrabar Timeframe" setting, using a timeframe significantly lower than the chart timeframe will return more intrabar candles and potentially more market structures. 🔹 Dashboard Users have access to a dashboard returning useful statistics such as the number of formed CHoCH's and BOS's from the intrabar prices. These can be indicative of how predominant a trend is within the intrabar data or if there exist multiple trends. 🔶 DETAILS Market structures allow determining trend continuations as well as trend reversals in the market through two distinct structures: 🔹 Change of Character (CHoCH) A change of character (CHoCH) refers to a shift in the market behavior of a security that is driven by changes in the underlying supply and demand dynamics. CHoCH's are indicative of confirmed reversals. 🔹 Break of Structure (BoS) The break of structure (BoS) refers to the point at which a key level of support or resistance is broken. BOS's are indicative of confirmed trend continuations. 🔶 SETTINGS 🔹Inside the Bar Market Structure Intrabar Timeframe: Lower timeframe setting option, if set to 'Auto' the script will determine the lower timeframe based on the chart timeframe. Intrabar Market Structure, Length: Toggles the visibility of the break of structures and change of characters. Length defines the detection length of the swing levels. Intrabar Swing Levels: Toggles the visibility of the swing levels, including a color customization option for highs and lows. Intrabar Statistics: Toggles the visibility of the dashboard. Some further statistical details are presented in the tooltips of the table cells 🔹 General Market Structure Colors: Color customization option for the break of structure and change of character lines and labels. Intrabar Candle Colors: Color customization option for intrabar candles. Intrabar Candles Horizontal Offset: Adjusting the intrabar candles horizontal position Dashboard: Dashboard position and size customization option 🔶 LIMITATIONS Please note that seconds-based intervals are available for premium and professional plan holders, which implies that the seconds-based intervals usage of the indicator may not be available for all users depending on their subscription plan. 🔶 RELATED SCRIPTS Smart-Money-Concepts ICT-Concepts
Pine Script® indicator
by LuxAlgo
16
Intrabar Analyzer [Kioseff Trading]Hello! This indicator (Intrabar Analyzer) presents intrabar data in various derivative forms. On-Chart Features Traditional price data down to 1 min. Heikin-Ashi price data down to 1 min. Kagi price data down to 1 min. Point & Figure price data down to 1 min. Renko price data down to 1 min. Linebreak price data down to 1 min. LinReg channel SMA EMA ALMA Echomorphic Average (A @kaigouthro special!) HMA RMA WMA VWMA VWAP SWMA SAR Supertrend On-Chart Features Price x Volume graph Intrabar technical rating Positive volume index Negative volume index Price volume trend RSI %k ROC MFI MFC OBV CCI BBW CMO COG KCW MOM RANGE %r Let's look at the objects populated by the indicator! The image above shows what data correlates to the populated graphs! Let's dial in on the price x volume graph. The image above provides an example/explanation of the price x volume graph. All data is sourced from a lower timeframe (configurable - default = 1 minute). Colors are configurable; the plot characters are configurable. The numbers above show an alternative view of the price x volume graph! Price graph The price graph can populate 6 variations of price data: traditional, heikin-ashi, renko, point & figure, line break, and kagi. The subsequent images will show all available forms of price data, in addition to a randomly selected, on-chart technical indicator! Kagi + LinReg Traditional + EMA Renko + SAR Point & Figure + ALMA Heikin-Ashi + Supertrend Line Break + VWAP You can display up to three indicators concomitantly - all calculated using intrabar data! Lastly, the indicator displays the TradingView calculated technical rating for the intrabar. The technical ratings are multiplied by x100 and oriented left & right of the price box. Left values are negative; right values are positive. The "0" value is not shown; therefore, if the technical rating isn't highlighted then the rating is "0". The image above shows the technical rating system in action (: That's it! This was a fun project and I'm certainly willing to add more - let me know if there's anything you'd like included. Additionally, a future feature involves compatibility with any custom indicator! Stay tuned; thank you for checking this out (: Thank you to @kaigouthro, TradingView and @PineCoders for providing some cool libraries to play with!
Pine Script® indicator
by KioseffTrading
46
Volume Profile: Intra-bar VolumeThis indicator was developed as part of a free blog post tutorial on the Backtest-Rookies website for detailed code commentary, head over there. Scope The indicator shall attempt to do the following: Look at a lower time-frame. E.g 5 minutes when on a 1-hour chart. Create a function to loop through through candles and make an assessment. If the candle it closed up, the volume will be categorized as buying volume. Conversely, if it closed down, the volume will be categorized as selling volume The function will then be passed to the security() function to run on a lower timeframe. All buying volume and selling volume from the lower time-frame shall be summed and displayed on the main chart. Important Note This indicator will not give you genuine buying or selling volume. It simply follows the assumption that if price closed up, there must have been more buyers than sellers and if it closed down we assume the opposite. Usage In order to use this indicator, users will need to calculate how many lower time-frame bars are contained in the time-frame on the main chart. So for example, the default settings are configured for the indicator to be run on the 1H chart. As a result, we need to set the "Bars on Lower Timeframe" input to 12. This is because there are 12 x 5-minute bars in 60 minutes.
Pine Script® indicator
by BacktestRookies
11