OPEN-SOURCE SCRIPT
SBP Multimode Trading System FREE

SBP Multimode Trading System — FREE is a non-repainting indicator designed to help traders identify major directional moves using a combination of trend structure, momentum confirmation, and sideways-market filtering.
The FREE version focuses on clarity and reliability, avoiding signal clutter and emphasizing confirmed trend conditions.
This script is shared for educational and informational purposes only.
🔹 Features of the FREE Version
✅ Adaptive UW Moving Average
Volatility-adjusted moving average
Automatically adapts to changing market conditions
Color-coded direction:
Green → bullish bias
Red → bearish bias
Used as trend confirmation, not standalone signals
✅ Dynamic Trend Filter (DTF)
Smooth trend bias line
Helps align trades with the dominant direction
Reduces counter-trend entries
Especially effective during strong directional moves
✅ PMR Momentum Ribbon
Fast and slow momentum lines with ribbon fill
Green ribbon → bullish momentum
Red ribbon → bearish momentum
Visual tool to assess trend strength and continuation
✅ Sideways / Choppy Market Filter
Automatically detects low-volatility compression
Filters out signals during ranging conditions
Helps reduce false entries in non-trending markets
✅ Major BUY / SELL Signals
Signals appear only on confirmed trend changes
Conditions include:
Trend state flip
Momentum alignment
Price confirmation
Sideways filter clearance
No repainting, no intrabar repaint tricks
✅ Clean Visuals & Alerts
Optional BUY / SELL labels
Non-repainting alerts
Customizable display toggles for clean charts
🧭 How to Trade Using the FREE Version
This indicator is designed to assist decision-making, not replace discretion.
🔹 BUY Setup (General Guidance)
Trend flips to bullish
Price holds above the Dynamic Trend Filter
UW MA is rising (green)
PMR ribbon is bullish
Market is not sideways
🔹 SELL Setup (General Guidance)
Trend flips to bearish
Price holds below the Dynamic Trend Filter
UW MA is falling (red)
PMR ribbon is bearish
Market is not sideways
🔹 Risk Management (User-Defined)
Stop-loss and targets are not enforced in the FREE version
Users should apply:
ATR-based stops
Structure-based exits
Higher-timeframe context
🖼 Screenshot Examples
The screenshots demonstrate the FREE version applied across different asset classes:
Crypto (SOL/USD): Clean trend continuation and reversal behavior
Commodities (Crude Oil): Stable handling of high volatility
Indices (NIFTY 50): Directional filtering during intraday moves
All screenshots use the same default logic, highlighting consistency across markets.
🔍 Detailed Feature Comparison (For Transparency)
The table below compares the FREE version with a separate Invite-Only research build.
This is provided for informational clarity only.
Feature Area FREE (Public) Invite-Only (Research Build)
Core Trend Engine ✔ Yes ✔ Enhanced
Adaptive UW MA ✔ Basic ✔ Market & Mode-Aware
Dynamic Trend Filter ✔ Standard ✔ Fully Adaptive
PMR Ribbon ✔ Standard ✔ Advanced Logic
Sideways Filter ✔ Single-Layer ✔ Multi-Layer
Buy / Sell Signals ✔ Major Trend ✔ Mode-Specific
Scalping Logic ✖ No ✔ Dedicated
Strategy Backtesting ✖ No ✔ Yes
Risk Management Engine ✖ No ✔ ATR-Based
Liquidity Filters ✖ No ✔ Optional
Fibonacci / HTF Levels ✖ No ✔ Yes
Repainting ✖ No ✖ No
⚠️ Disclaimer
This indicator does not provide financial advice
Past performance does not guarantee future results
Trading involves risk, including loss of capital
Users are responsible for their own trade decisions
This publication does not promote paid services, subscriptions, or commercial offerings of any kind.
The FREE version focuses on clarity and reliability, avoiding signal clutter and emphasizing confirmed trend conditions.
This script is shared for educational and informational purposes only.
🔹 Features of the FREE Version
✅ Adaptive UW Moving Average
Volatility-adjusted moving average
Automatically adapts to changing market conditions
Color-coded direction:
Green → bullish bias
Red → bearish bias
Used as trend confirmation, not standalone signals
✅ Dynamic Trend Filter (DTF)
Smooth trend bias line
Helps align trades with the dominant direction
Reduces counter-trend entries
Especially effective during strong directional moves
✅ PMR Momentum Ribbon
Fast and slow momentum lines with ribbon fill
Green ribbon → bullish momentum
Red ribbon → bearish momentum
Visual tool to assess trend strength and continuation
✅ Sideways / Choppy Market Filter
Automatically detects low-volatility compression
Filters out signals during ranging conditions
Helps reduce false entries in non-trending markets
✅ Major BUY / SELL Signals
Signals appear only on confirmed trend changes
Conditions include:
Trend state flip
Momentum alignment
Price confirmation
Sideways filter clearance
No repainting, no intrabar repaint tricks
✅ Clean Visuals & Alerts
Optional BUY / SELL labels
Non-repainting alerts
Customizable display toggles for clean charts
🧭 How to Trade Using the FREE Version
This indicator is designed to assist decision-making, not replace discretion.
🔹 BUY Setup (General Guidance)
Trend flips to bullish
Price holds above the Dynamic Trend Filter
UW MA is rising (green)
PMR ribbon is bullish
Market is not sideways
🔹 SELL Setup (General Guidance)
Trend flips to bearish
Price holds below the Dynamic Trend Filter
UW MA is falling (red)
PMR ribbon is bearish
Market is not sideways
🔹 Risk Management (User-Defined)
Stop-loss and targets are not enforced in the FREE version
Users should apply:
ATR-based stops
Structure-based exits
Higher-timeframe context
🖼 Screenshot Examples
The screenshots demonstrate the FREE version applied across different asset classes:
Crypto (SOL/USD): Clean trend continuation and reversal behavior
Commodities (Crude Oil): Stable handling of high volatility
Indices (NIFTY 50): Directional filtering during intraday moves
All screenshots use the same default logic, highlighting consistency across markets.
🔍 Detailed Feature Comparison (For Transparency)
The table below compares the FREE version with a separate Invite-Only research build.
This is provided for informational clarity only.
Feature Area FREE (Public) Invite-Only (Research Build)
Core Trend Engine ✔ Yes ✔ Enhanced
Adaptive UW MA ✔ Basic ✔ Market & Mode-Aware
Dynamic Trend Filter ✔ Standard ✔ Fully Adaptive
PMR Ribbon ✔ Standard ✔ Advanced Logic
Sideways Filter ✔ Single-Layer ✔ Multi-Layer
Buy / Sell Signals ✔ Major Trend ✔ Mode-Specific
Scalping Logic ✖ No ✔ Dedicated
Strategy Backtesting ✖ No ✔ Yes
Risk Management Engine ✖ No ✔ ATR-Based
Liquidity Filters ✖ No ✔ Optional
Fibonacci / HTF Levels ✖ No ✔ Yes
Repainting ✖ No ✖ No
⚠️ Disclaimer
This indicator does not provide financial advice
Past performance does not guarantee future results
Trading involves risk, including loss of capital
Users are responsible for their own trade decisions
This publication does not promote paid services, subscriptions, or commercial offerings of any kind.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
S B Prasad Email sbprasad2005@gmail.com, Mobile no 9903367725
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
S B Prasad Email sbprasad2005@gmail.com, Mobile no 9903367725
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.