WOW Intraday Tracker by Dev

🎯 WOW Intraday Tracker: Professional Trade Execution & R/R Analysis
The WOW Intraday Tracker (V1.30 Final) is an advanced, invite-only tool built for disciplined intraday trading. It transforms market signals into a fully managed trade, providing both real-time execution confidence and objective performance review.
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✨ Core Execution Features
The Tracker automates the most critical aspects of trade management:

Automatic Entry Trigger: The script uses a proprietary multi-factor scoring system to identify high-probability setups. Once a trade signal is validated and its Score meets the Activation Threshold (which is visible in the Running Trade Table), the entry order (Long or Short) is automatically triggered and monitored.

Trade Grade Qualification: Crucially, every setup is assigned a Trade Grade (A+, A, or B) before entry, based on structural confluence, allowing traders to qualify the setup quality instantly.

Initial SL & Multiple Targets (TGTs): All trades are established with risk-defined parameters from the start.

Initial Stop-Loss (SL): Automatically calculated based on user-defined ATR Multiples to align risk with current volatility.

Multiple Take-Targets (TGTs): Two distinct target levels (TGT1 and TGT2) are set based on user-defined R-Multiples (Risk-to-Reward ratios) to facilitate a partial profit-taking strategy.

Dynamic Trailing & Stop Adjustment: As the trade progresses, the script automatically manages risk, adjusting the stop-loss upon TGT hits to lock in profit.

Signal Cancellation Feature: To protect capital, the script actively monitors the signal's health. If the internal trade score drops below the configurable Cancellation Threshold before entry, the pending order is automatically invalidated and cleared.

⚖️ Trade Exit and Weighted R/R Assumptions
The script's primary function is to track and calculate a Weighted Risk-to-Reward (R/R) based on a predetermined exit plan:

Target 1 (T1): 30% of the original position. Stop is adjusted to protect profits.
Target 2 (T2): Another 30% of the original position. Trailing Stop begins based on a volatility factor.

Final Exit: Rest 40% of the original position. Exited when the Trailing Stop is hit.

Important Note: The Trailing Stop is tracked on a closing basis within the script. While you can choose to exit the trade manually on a hit basis or book profits based on your personal judgment, the script's final Weighted R/R calculation is based on the assumption that the position exits as detailed above.

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📊 Global R/R Tracker Table (Performance by Grade)
This powerful feature provides objective, actionable data for trade review. It continuously tallies your performance, broken down by the quality (Grade) of the trade setup.

The table tracks performance for A+, A, and B grade setups, plus a TOTAL row, based on your chosen lookback (Full History or Day Start)

By separating performance by Grade, you gain a clear, evidence-based understanding of which setups truly deserve your capital and focus.
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🎨 Advanced Customization & Styling
The WOW Intraday Tracker offers extensive control over the look and feel of your workspace to ensure maximum clarity and minimal chart clutter.

Table Positioning: Freely select the on-chart location (Top Right, Bottom Left, etc.) for all three tables.

Theming: Customize the background and text colors for all tables, including the dynamic green/red backgrounds of the Global R/R Tracker.

Plot Lines: Full color control over all plotted trade lines: PDH/PDL, Entry Price, Initial Stop, Trailing Stop, and Targets.

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⏱️ Usage & Recommended Timeframes

The WOW Intraday Tracker is primarily designed and optimized for high-frequency, short-term intraday trading.

Recommended Timeframes: For optimal performance, we recommend using the script on lower-to-mid-range intraday timeframes: 5-minute, 15-minute, and 25 (or 30) minutes.

Intended Use: While the script can be applied to higher timeframes, its main purpose is to capture volatility and quick moves within the trading day.

Swing Trading: In rare instances, the tracker may generate signals suitable for a short-term swing trade (1-2 days), but this is secondary to its core intraday function.

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🔑 Access Note
The WOW Intraday Tracker utilizes proprietary logic within its scoring system and is published as an invite-only script. The source code is protected to maintain the integrity and value of the intellectual property.

To inquire about access, please contact the author directly via TradingView Private Message on this profile.