boytoy wrote: Thu May 08, 2025 6:21 pm Great indicator.. works real well and the mean reversion zones are on point

boytoy wrote: Thu May 08, 2025 6:21 pm Great indicator.. works real well and the mean reversion zones are on point

• Draws a statistically fitted channel
• Tracks the market trend over a given period

• Divides the channel into horizontal levels
• Calculates the trading volume at each level

• Shows the share of each level in the total volume
• Visualises high/low volume areas

• Colour from yellow (low volume) to red (high volume)
• Quickly identify key areas of interest

• Adjust profile width and resolution
• Channel direction indicator (arrow)
• Customise line style (solid/dashed/dotted)

1. Trend Identification:
   • Use the Linear Regression Channel to identify direction
   • Analyse the slope of the central line
2. Volume Analysis:
   • Look for levels with maximum volume - key S/R zones
   • Pay attention to large bars - zones of institutional interest
3. Trading signals:
   • Direction arrow helps to determine the trend
   • Combine with other indicators (Price Action, RSI, MACD)

• Combined trend and volume analysis
• Identifying significant price levels
• Making informed trading decisions

• Identifying accumulation/distribution zones
• Filtering false breakouts
• Finding entry points with volume confirmation

• Buy on a rebound from the lower border with increasing volume
• Sell on a rebound from the upper border with increasing volume

• Buy at the lower border with low volume
• Sell at the upper border with low volume

• Use directional arrow to confirm trend
• Pay attention to areas with maximum volume

• Enter when level breaks with low volume
• Stop loss behind the nearest level with high volume

• Enter when level bounces with high volume
• Take profit at the next level

mrtools wrote: Thu May 08, 2025 1:25 am ATR Based Zig Zag with EMA

Hello, could you please verify if this is close to the TV version.

What is the ATR Based Zig Zag indicator?

This code was originally published on TradingView by HabibiBudo as a refined trend-following tool for traders seeking clear trend signals. It uses an "ATR breakout method" to determine the market trend and incorporates a smooth EMA line for visual trend direction.

The indicator monitors new swing highs and lows using ATR volatility thresholds. A significant price move against the trend, exceeding a distance multiplied by ATR, signals a trend reversal. This method ensures trend changes are based on key volatility movements rather than random price fluctuations.

How is this different from using the Zig Zag?

Rather than showing a bunch of zigzag pivots that can make things look messy, this indicator creates a clean, smooth EMA line based on the average price ((high + low) / 2). The line changes color right away depending on the trend: green (or any color you choose) for when prices are going up, and red for when they're going down.

didichung wrote: Thu May 08, 2025 7:17 pm There was a small error in the alert logic, I am guessing it was just a cut and paste issue. I have left the offending code as text (Line 390) and added the correction underneath (Line 391). Anyway, here is the fixed version, alerts should now work.

Rgds
DC

Jackson Doh wrote: Thu May 08, 2025 11:23 pm I added a few options to this, I hope you don't mind. Histo width/ Auto width, line width, arrow width & arrow code (a choice of wingdings), and separate colors for each if you wish. As a bonus, added a button. Seems to work.

High_Low_Cloud_Trend_wAlert BT.ex4
High_Low_Cloud_Trend_wAlert BT.mq4

ummadirajani wrote: Thu May 08, 2025 11:10 pm It is almost same
Thanks for your work. I'm extremely grateful.
is it possible to have buy and sell buffers and various moving averages and price options if possible
thanks in advance

mrtools wrote: Fri May 09, 2025 12:55 am Hello, added arrows for the buffers and the averages with the price options.

dmnik wrote: Thu May 08, 2025 8:55 pm
This indicator combines a Linear Regression channel with a dynamic volume profile, providing traders with a powerful tool for visualizing both directional price movement and volume concentration along a trend.

Jackson Doh wrote: Fri May 09, 2025 9:35 pm I was faced with many question marks in the Inputs tab descriptions so I copied everything (and I mean EVERYTHING) and converted the Russian to English. Surprisingly, it worked.

I take nothing away from dmnik - all the donate details per the original.

LRVP input menu.png

LR_Volume Profile_Eng.ex4LR_Volume Profile_Eng.mq4