Metals vs DXY CorrelationThere's a growing interest in Gold and Metals in general - due to safe have demand - a lot of traders get blindsided by sudden consolidation and reversals while trading Gold or Silver. The key is to know that GC is closely related to DXY because large institutions and central banks hedge the two instruments. They are inversely correlated for the most part.
This indicator looks at price action applies Pearson correlation to find the strength in their "entanglement" and tells you if its is strongly, weakly or positively correlated.
It has helped me stay away from the markets when there's a strong inverse correlation because the price action can be very unpredictable.
Hopefully you find this useful.
Multitimeframe
ALANI - Multi-Timeframe (MTF)An almost zero lag version of the LSMA (Least Squares Moving Average)
Gives instant linear regression of current price action.
This line works with the same rules as its "laggy" counterpart the LSMA:
When price crosses over it signals a bull trend.
When price crosses under it signals bear trend.
When price stays close or on the line sideways action is to be expected.
The direction of the line shows the direction of the trend.
Fair Value Gaps by DGTFair Value Gaps
A refined, multi-timeframe Fair Value Gap (FVG) detection tool that brings institutional imbalance zones to life directly on your chart.
Designed for precision, it visualizes how price delivers into inefficiencies across chart, higher, and lower (intrabar) timeframes — offering a fluid, structural view of liquidity displacement and market flow.
The script continuously tracks unfilled, partially repaired, and fully resolved imbalances, revealing where liquidity inefficiencies concentrate and where price may seek rebalancing.
Overlapping zones naturally expose institutional footprints, potential liquidity targets, and key re-pricing regions within the broader market structure.
KEY FEATURES
⯌ Multi-Timeframe Detection
Detect and display FVGs from the current chart, higher timeframes (HTF), or lower timeframes (LTF)
⯌ Smart Fill Tracking
Automatic real-time monitoring of each FVG’s fill progress with live percentage updates
⯌ Custom Fill Logic
Choose your preferred definition of when a gap is considered filled: Any Touch
Midpoint Reached
Wick Sweep
Body Beyond
⯌ Dynamic Labels & Tooltips
Labels can be toggled on/off. Even when hidden, detailed tooltips remain available by hovering over the FVG midpoint.
⯌ Adaptive Lower-Timeframe Mode
When set to “Auto,” the script intelligently selects the optimal lower timeframe based on the chart resolution.
DISCLAIMER
This script is intended for informational and educational purposes only. It does not constitute financial, investment, or trading advice. All trading decisions made based on its output are solely the responsibility of the user.
Previous High/Low Multi-Timeframe (3 TFs)Supports 3 customizable timeframes, with full color, width, style, and label options
Previous 4-Hour High/Low (Updated)Features:
- Works on any chart timeframe.
- Automatically updates at the close of each 4H candle.
- Lines extend across the chart (both directions).
- Customizable color and thickness.
- Optional labels.
- No flickering or constant deletion/recreation — lines are updated only when the 4H candle closes
H1 ATR on all timeframesVisual aid that displays the value of the H1 ATR (standard setting: 14) across all timeframes.
Multi-Timeframe Bollinger RSI SignalsIt's literally Free Money. Buy and Sell signal indicator based on RSI and Bollinger Bands Confluence.
EMA+MACD动态0轴主图动态MACD，EMA55作为当前周期动态0轴使用。EMA13作为小4倍周期动态0轴。当前周期DIF线穿越0轴标记+MACD金死叉标记。
The main chart dynamic MACD and EMA55 are used as the dynamic 0-axis for the current cycle. EMA13 is used as the dynamic 0- axis for the smaller 4x cycle. The current cycle's DIF line has crossed the 0-axis, marked with a "+" sign indicating a golden cross on the MACD.
XAU Aurum Precision Scalper Pro v1.0🏆 Aurum Precision Scalper Pro v1.0
SMMA 21/50/200 + RSI14 | Multi-Rule Gold Strategy (M3–M15)
💡 Overview
Aurum Precision Scalper Pro is a professional multi-rule intraday strategy built for scalping and day-trading XAUUSD (Gold) on short timeframes (3m, 5m, 15m).
It combines RSI, SMMA trend filters, volume, and volatility logic with clean breakout and mean-reversion mechanics.
Optimized for the London–New York overlap, this system captures directional moves while filtering out noise and false breakouts — the most common trap for gold traders.
⚙️ Core Components
1️⃣ Multi-Timeframe Guardrail
Works only on 3m / 5m / 15m charts for precision.
Prevents accidental backtests on irrelevant timeframes.
2️⃣ SMMA Trend Framework
Uses SMMA(21) for short-term bias,
SMMA(50) for medium-term direction,
SMMA(200) for higher-order trend control.
RSI(14) confirms momentum and prevents chasing extreme moves.
3️⃣ Global Filters
✅ Trend filter (optional):
• Longs only if close > SMMA200
• Shorts only if close < SMMA200
✅ SMMA proximity filters:
• Blocks trades when SMMA21–SMMA50 or SMMA21–SMMA200 are too close → reduces chop.
✅ Volume filter:
• Requires volume > SMA(volume) × multiplier.
✅ Impulse filter:
• Body size ≥ k × ATR (volatility confirmation).
✅ Active-session filter:
• Default: 07:00–20:00 CET (Europe/Brussels).
4️⃣ XAUUSD Preset (optional toggle)
When symbol = “XAU” or “GOLD”, auto-applies gold-specific tuning:
RSI thresholds tightened (BUY > 55 / SELL < 45)
Stronger volume & volatility filters
Stricter SMMA distance checks
Automatic session activation
⚔️ Entry Rules
Rule Setup Type Logic Summary
R1 Full SMMA breakout Price closes above (or below) all SMMAs + RSI confirms direction
R2 SMMA21 touch + alignment Price bounces on 21 while aligned with 50 & 200 + RSI filter
R3 3-bar engulfing reversal After 3 candles in one direction, an engulfing opposite bar + RSI momentum
R4 SMMA21/50 crossover 21 crosses 50 with trend & volume confirmation
All rules respect your global filters (trend, volume, impulse, proximity, sessions).
R2–R4 entries can be individually toggled ON/OFF in inputs.
💰 Exit Logic
Simple % exits (for quick prototyping):
• TP = +X% (default 1.0%)
• SL = −X% (default 0.5%)
All entries are managed individually (R1–R4 IDs).
More advanced versions include ATR-based partials, breakeven and dynamic trailing logic.
🎨 Visuals
SMMA21 → teal line
SMMA50 → orange line
SMMA200 → magenta line
On-chart labels for each rule (BUY/SELL R1–R4).
Alerts for all entry conditions — ready for automation or alerting bots.
🧠 Suggested Usage
Best window: 14:00–17:00 CET (London–New York overlap).
Ideal timeframes: M5 and M15.
Avoid over-trading during low volatility (Asian session).
For XAUUSD, enable all filters for realistic conditions.
Recommended baseline:
TP = 1.0%
SL = 0.5%
UseVolFilter = true
UseImpulse = true
GapFilter = true
TrendFilter = true
📈 Performance Tips
✅ Stronger filter = fewer but higher-quality trades.
✅ When gold volatility spikes (CPI/NFP/FOMC), increase “minGap%” thresholds slightly.
✅ For smooth trend capture, use R4 (SMMA21/50 cross) with trend filters ON.
✅ For reversals, combine R3 (engulfing) + RSI confirmation.
🧾 Changelog (v1.0)
✅ Multi-timeframe guard (3/5/15min only)
✅ 4 rule logic (R1–R4)
✅ Global filters: trend, volume, impulse, proximity
✅ XAUUSD preset with adaptive parameters
✅ Session/timezone logic
✅ Simple exits for fast backtesting
✅ On-chart labels and alert system
🧭 Recommended Title / Tagline for TradingView
Aurum Precision Scalper Pro v1.0
“A high-precision RSI-SMMA strategy for Gold scalpers — designed for the London–NY overlap.”
🔖 Tags
#XAUUSD #Gold #Scalping #SMMA #RSI #Strategy #DayTrading #PineScriptV6 #ATR #TrendFollowing #Breakout
4h Top & BottomDraws a line at the top of the first 4h candle as well as the bottom. Colors the background green for possible long entries after reclaiming the bottom and red for short entries after rejecting the top.
Opening Range Fibonacci Extensions (ATR Adjusted)this script displays daily, weekly, or monthly range extensions as a function of ATR in a Fibonacci retracement
VWMA True Range | Lyro RSVWMA True Range | Lyro RS
This script is a hybrid technical analysis tool designed to identify trends and spot potential reversals. It employs a consensus-based system that uses multiple smoothed, Volume-Weighted Moving Averages (VWMA) to generate both trend-following and counter-trend signals.
Understanding the Indicator's Components
The indicator plots a main line on a separate pane and provides visual alerts directly on the chart.
The Main Line: This line represents a smoothed average of momentum scores derived from multiple VWMAs. Its direction and value are the foundation of the analysis.
Signal Generation: The tool provides two distinct types of signals:
Trend Signals: These trend-following signals ("⬆️Long" / "⬇️Short") activate when the indicator's consensus reaches a pre-set strength threshold, indicating sustained momentum in one direction.
Reversal Signals: These counter-trend alerts ("📈Oversold" / "📉Overbought") trigger when the main line breaks a previous period's level, hinting at exhaustion and a potential short-term reversal.
Visual Alerts:
Colored Background: The indicator's background highlights during strong trend signals for added visual emphasis.
Chart Shapes: Small circles appear on the main chart to mark where potential reversals are detected.
Colored Candles: You can choose to color the price candles to reflect the current trend signal.
Information Table: A compact table provides an at-a-glance summary of all currently active signals.
Suggested Use and Interpretation
Here are a few ways to incorporate this indicator into your analysis:
Following the Trend: Use the "Long" or "Short" trend signals to align your trades with the prevailing market momentum.
Spotting Reversals: Watch for "Oversold" or "Overbought" reversal signals, often accompanied by chart shapes, to identify potential market turning points.
Combining Signals: Use the primary trend signal for context and look for reversal signals that may indicate a pullback within the larger trend, potentially offering favorable entry points.
Customization Options:
You can tailor the indicator's behavior and appearance through several settings:
Core Settings: Adjust the Calculation Period and Smooth Length to make the main line more or less responsive to price movements.
Signal Thresholds: Fine-tune the Long threshold and Short threshold to control how easily trend signals are triggered.
Visual Settings: Toggle various visual elements like the indicator band, candle coloring, and the information table on or off.
Table Settings: Customize where the information table appears and its size to suit your chart layout.
⚠️Disclaimer
This indicator is a tool for technical analysis and does not guarantee future results. It should be used as part of a comprehensive trading strategy that includes other analysis techniques and strict risk management. The creators are not responsible for any financial decisions made based on its signals.
Timeframe LiquidityTimeframe Liquidity – Multi-Timeframe Highs & Lows by @archie_trades
Timeframe Liquidity automatically plots previous day, week, month, and year highs and lows — key liquidity zones used by smart money and price-action traders. These levels extend into the future and can automatically stop once price wicks through, showing clear liquidity sweeps and tested zones.
Perfect for traders using ICT concepts, liquidity theory, or market structure analysis. Instantly see where liquidity rests, where it’s been taken, and how price reacts at major support and resistance.
Features:
Auto-plots PDH/PDL, PWH/PWL, PMH/PML, PYH/PYL
Custom line styles, colors, and label sizes
Option to stop line on wick (liquidity sweep)
Smart timeframe visibility (hides same-TF levels)
Accurate UTC offset handling
Identify liquidity pools fast, trade cleaner charts, and track where smart money hunts liquidity.
Built for precision, clarity, and confluence.
Dynamic 21 SMA Zone S/R (Weekly and 2-Day)This custom indicator creates a dynamic support and resistance zone based on the 21-period Simple Moving Average (SMA) from the weekly timeframe and the 21-period SMA from the 2-day timeframe. The zone is visible and functional across all chart timeframes, adapting seamlessly to provide multi-timeframe insights.
Color Logic:
Green: When the current price is fully above the upper boundary of the zone, indicating potential bullish strength or a support level.
Gray: When the price is fully below the lower boundary, signaling potential bearish pressure or a resistance level.
Light Blue: When the price is within the zone (between the two SMAs), representing a neutral "no man's land" where the market is indecisive.
As the two SMAs converge or diverge, the zone naturally thins or widens, visually reflecting changes in market momentum—such as a thinning green zone during a potential reversal. Ideal for higher-timeframe swing trading to identify key levels, this indicator is also useful on lower timeframes for gauging the relative position of these SMAs, helping traders align short-term moves with broader trends.
Adaptive Range Breakout (UPDATED RBVC)RBVC UPDATED WITH TIGHTER RANGE TIMELY BREAKOUT. This as an updated version for range breakout with volume as the earlier indicator had delayed response time
Asian, UK & NY SessionTimes and Day Highs and LowsWhat It Does
The Asian, UK & NY Sessions indicator automatically identifies and highlights the three major global trading sessions on your chart.
For each session, it:
Detects session time in its local timezone.
Tracks the session’s highest and lowest prices.
Plots colored horizontal lines to show those levels throughout the trading day.
Optionally shades each session’s background in its signature color for instant visual context:
🟡 Asian Session: Yellow background
🔴 London Session: Red background
🔵 New York Session: Blue background
This helps traders see how price reacts within and between sessions — spotting overlaps, liquidity zones, and daily ranges.
⚙️ Inputs and Variables
Input Description
Extend lines until next session start (extendLines) Extends each session’s high/low lines forward until the next session begins.
Show prices in scale column (showScaleValues) Controls whether the price labels for session highs/lows appear on the chart’s right-hand price scale.
Show All Session Highs & Lows (showAllHighsLows) Master switch — turn this off to hide all session lines instantly, keeping the chart clean.
Show Session Backgrounds (showBackgrounds) Turns all background shading on or off. When off, all session colors disappear.
Background Opacity (bgOpacityAll) Adjusts the transparency for all session backgrounds (0 = solid, 100 = fully transparent).
🎨 Visual Color Scheme
Session Background High/Low Line
Asian Yellow Green
London Red Red
New York Blue Blue
Each color has a consistent role — making it easy to distinguish sessions even in replay or live view.
Price Tracking:
For each session, the indicator resets High and Low when the new session starts, then updates them as bars print.
Display Control:
If lines or backgrounds are disabled via settings, they’re completely hidden (no clutter, no partial transparency).
💡 How Traders Use It
Identify daily ranges in each global session.
Compare volatility between markets.
Align entries or exits with session transitions.
Observe how price respects previous session highs/lows.
Multi-TF MA Overlay (Double + Regular)Displays multiple moving averages from various timeframes (1m–30m) overlaid on a single chart.
Includes two independent MA sets for comparison and a same-timeframe regular MA.
All parameters are customizable.
Disclaimer: For visual analysis only — not financial advice.
Crypto Mean Reversion System (Pullback & Bounce)Mean Reversion Theory
The indicator operates on the principle that extreme price movements in crypto markets tend to revert toward their mean over time.
Consider this a valuable aid for your dollar-cost averaging strategy, effectively identifying periods ripe for accumulating or divesting from the market.
Research shows that:
Short-term momentum often persists briefly after surges, but extreme moves trigger mean reversion
Sharp drops exhibit strong bounce patterns, especially after capitulation events
Longer timeframes (7-day) show stronger mean reversion tendencies than shorter ones (1-day)
Timeframe Analysis
1-Day Timeframe
Pullback probabilities: 45-85% depending on surge magnitude
Bounce probabilities: 55-95% depending on drop severity
Captures immediate overextension and panic selling
More volatile but faster signal generation
7-Day Timeframe
Pullback probabilities: 50-90% (higher confidence)
Bounce probabilities: 50-90% (slightly moderated)
Filters out noise and identifies sustained trends
Stronger mean reversion signals due to extended moves
Probability Tiers
Pullback Risk (After Surges)
Moderate (45-60%): 5-10% surge → Expected -3% to -12% pullback
High (55-70%): 10-15% surge → Expected -5% to -18% pullback
Very High (65-80%): 15-25% surge → Expected -10% to -25% pullback
Extreme (75-90%): 25%+ surge → Expected -15% to -40% pullback
Bounce Probability (After Drops)
Moderate (55-65%): -5% to -10% drop → Expected +3% to +10% bounce
High (65-75%): -10% to -15% drop → Expected +6% to +18% bounce
Very High (75-85%): -15% to -25% drop → Expected +10% to +30% bounce
Extreme (85-95%): -25%+ drop → Expected +18% to +45% bounce
The probability ranges are derived from:
Crypto volatility patterns: Higher volatility than traditional assets creates stronger mean reversion
Behavioral finance: Extreme moves trigger emotional trading (FOMO/panic) that reverses
Historical backtesting: Probability estimates based on typical reversion patterns in crypto markets
Timeframe correlation: Longer timeframes show increased reversion probability due to reduced noise
Key Features
Dual-direction signals: Identifies both overbought (pullback) and oversold (bounce) conditions
Multi-timeframe confirmation: 1D and 7D analysis for different trading styles
Customizable thresholds: Adjust sensitivity based on asset volatility
Visual alerts: Color-coded labels and table for quick assessment
Risk categorization: Clear severity levels for position sizing
Commodity Pulse Matrix (CPM) [WavesUnchained] [Strategy]Commodity Pulse Matrix (CPM) - Strategy Version
⚠️ Development Status
ACTIVE DEVELOPMENT - This strategy is currently under heavy development and optimization. The risk management settings, entry/exit logic, and parameter tuning are still being refined and are NOT yet satisfactory for live trading.
Current development areas:
Stop-loss and take-profit optimization
Position sizing and risk management
Entry timing and signal filtering
Backtest validation across different market conditions
⚠️ Use for testing and backtesting only - NOT recommended for live trading yet!
For detailed information about the underlying indicator logic, signals, and analysis methods, please refer to the Commodity Pulse Matrix (CPM) indicator description.
Overview
The CPM Strategy is an automated trading system based on the Commodity Pulse Matrix indicator. It converts the indicator's multi-timeframe confluence signals into executable trades with dynamic ATR-based risk management.
Strategy Core Features
Signal Sources
The strategy trades based on:
Strong Buy/Sell signals from the CPM indicator
Multi-timeframe alignment (configurable: 3/3, 2/3, or score-only)
EMA-200 trend filter (prevents counter-trend entries)
Dynamic signal cooldown (5-8 bars)
Optional reversal zone signals (triple-confirmed)
Risk Management (ATR-Based)
Stop-Loss & Take-Profit
Stop-Loss: 2.5x ATR (default) - Dynamic distance based on volatility
Take-Profit: 4.0x ATR (default) - Risk/Reward ratio of 1.6:1
ATR Length: 14 periods (adjustable)
Both SL and TP adjust to current market volatility
Trailing Stop (Optional)
Enabled by default
Trails at 2.5x ATR distance
Protects profits in trending moves
Can be disabled for fixed SL/TP only
Position Management
Trade Direction Filter
Both Directions (default) - Trade both Long and Short
Long Only - Only enter long positions
Short Only - Only enter short positions
Cooldown After Exit
Default: 3 bars minimum after closing a position
Prevents immediate re-entry (whipsaw protection)
Adjustable from 0 (disabled) to any number of bars
Signal Filtering
Signal Mode (Timeframe Consensus)
Strict (3/3 TFs): All 3 timeframes must agree - Most conservative
Majority (2/3 TFs): At least 2 of 3 timeframes agree - Balanced (default)
Flexible (Score Only): Overall score threshold only - Most signals
Optional Filters
Min ABS(overallScore): Only trade when confluence score meets minimum (default: 0 = disabled)
Confirmed Bar Only: Wait for bar close before entry (prevents repainting) - Recommended ON
Strategy Settings Guide
For Conservative Trading (Lower Risk)
Signal Mode: "Strict (3/3 TFs)"
Stop-Loss: 3.0x ATR or higher
Take-Profit: 5.0x ATR or higher
Trailing Stop: Enabled
Cooldown: 5-10 bars
Min Score: 8.0 or higher
For Aggressive Trading (More Signals)
Signal Mode: "Flexible (Score Only)"
Stop-Loss: 2.0x ATR
Take-Profit: 3.0x ATR
Trailing Stop: Optional
Cooldown: 0-3 bars
Min Score: 4.0 or disabled
For Balanced Trading (Recommended Starting Point)
Signal Mode: "Majority (2/3 TFs)"
Stop-Loss: 2.5x ATR
Take-Profit: 4.0x ATR
Trailing Stop: Enabled
Cooldown: 3 bars
Min Score: 6.0-8.0
TradingView Strategy Tester Settings
Essential Settings to Configure:
Properties Tab
Initial Capital: Set to realistic account size
Order Size: Use "% of Equity" (e.g., 10-25% per trade)
Commission: Set realistic commission (e.g., 0.05% for crypto, 0.1% for stocks)
Slippage: Add realistic slippage (1-3 ticks for liquid markets)
Verify "Recalculate: On Every Tick" is DISABLED (for realistic backtests)
Inputs Tab
Adjust ATR multipliers for your market
Set appropriate cooldown period
Choose signal mode based on desired trade frequency
Enable/disable trailing stop
Configure directional filter if needed
Backtesting Recommendations
Before Using This Strategy:
Test across multiple markets - What works for one commodity may not work for another
Test different timeframes - Strategy behavior changes significantly with TF
Test different market conditions - Trending vs ranging markets
Validate performance metrics - Win rate, profit factor, max drawdown, Sharpe ratio
Forward test on paper account - Before risking real capital
Key Metrics to Monitor:
Win Rate (aim for >40% minimum)
Profit Factor (aim for >1.5)
Max Drawdown (should be acceptable for your risk tolerance)
Sharpe Ratio (higher is better, >1.0 is good)
Average Trade (should be positive after commissions/slippage)
Known Limitations
Range-bound markets: May produce more whipsaws despite filters
Low volatility: ATR-based stops may be too tight
High volatility: ATR-based stops may be too wide
News events: Strategy cannot account for fundamental shocks
Signal timing: Entry timing is still being optimized
Indicator vs Strategy
When to use the Indicator:
- Manual trading with discretion
- Confluence analysis and timing
- Multiple signal validation
- Learning market structure
When to use the Strategy:
- Automated backtesting
- System validation
- Parameter optimization
- Performance measurement
⚠️ The indicator provides richer information and context than the strategy can execute!
Technical Details
Pine Script v6
Non-repainting: Uses confirmed bars for HTF data
Strategy type: Long/Short with dynamic stops
Risk management: ATR-based (adaptive to volatility)
Position sizing: Configured in Strategy Tester
Pyramiding: Default 1 (no adding to positions)
Important Notes
⚠️ Strategy parameters are still under optimization - Current settings may not be optimal for all markets or timeframes
⚠️ Backtest thoroughly before live trading - Test across different market conditions and timeframes
⚠️ Risk management is critical - Use appropriate position sizing (1-2% risk per trade recommended)
⚠️ Market conditions change - A strategy that works in trending markets may fail in ranging markets
⚠️ Commission and slippage matter - Always include realistic costs in backtests
✅ Start with conservative settings and optimize gradually
✅ Paper trade before going live
✅ Monitor performance and adjust as needed
✅ Never risk more than you can afford to lose
Disclaimer
Educational and testing purposes only. Not financial advice.
This strategy is provided as-is for backtesting and educational purposes. Past performance is not indicative of future results. Trading involves substantial risk of loss. The developer is not responsible for any losses incurred from using this strategy. Always do your own research, backtest thoroughly, and consult with a qualified financial advisor before making trading decisions.
NEVER use this strategy with real money until:
You have thoroughly backtested it on your specific market and timeframe
You understand all parameters and their impact
You have forward tested it on a paper account
You are comfortable with the maximum drawdown and risk profile
The strategy has been marked as production-ready by the developer
Version
v1.2 - Strategy Adapter (Active Development)
Based on: Commodity Pulse Matrix v1.2 Indicator
Last Updated: 2025-10-10
For detailed indicator documentation, see the Commodity Pulse Matrix (CPM) indicator description.
3-1-2 Strat Combo by NaturalBelleThe 3-1-2 Strat Combo by NaturalBelle automatically detects and highlights one of The Strat’s most powerful reversal patterns — the 3-1-2 setup.
When a 3 (outside bar) is followed by a 1 (inside bar) and then a 2 that breaks direction, this script plots yellow triangles and draws yellow box zones across the sequence, giving traders a clean visual cue for potential reversals or continuations.
Features:
Highlights both bullish (3-1-2-Up) and bearish (3-1-2-Down) sequences
Draws yellow boxes covering the 3-1-2 structure for easy zone recognition
Optional text labels for clarity
Adjustable box extension and transparency
Built-in alert conditions for both up and down setups
This clean, no-clutter version focuses purely on price action — no indicators, no noise. Just the pattern.
🟡 Best used on: Any timeframe
🟡 Strategy: Combine with market structure, EMAs, or supply & demand zones for confirmation
Created by NaturalBelle — keeping Strat analysis simple, visual, and precise.
TRADALOGIX A-Setup Mentoring Checklist97% of traders (new or old) sometime forget that to win the markets consistently, you have to be consistent in your thought process as well. Many that come to me desire only to know the secrets to my trading success. And I ask the same question to each and everyone: What are your steps in finding, validating & executing the best trade possible? Majority of the times, they know of only 3-5 points to consider when trading. Hence the reason why many traders fail.
This led me down to compiling a 1000 trader survey. It resulted in finding the reasons for trader failures. Most traders were unaware of some of the critical steps in finding, validating & executing the A-Setup trade of the day.
Once launched, you will find the critical steps in processing your setup. No one item should be ignored if you are seeking consistency in your trading. Good luck.
Monks - SessionsScript that shows the sessions of the market by coloring the candles of each market session as defined by the user. It also shows inside bars, a timer on the left of the screen, it shows if the previous high time frame candle has been gained (1D,1W or 1M). It also shows the days of the week as vertical lines
Fractals & SweepThe Fractals & Sweep indicator is designed to identify key market structure points (fractals) and detect potential liquidity sweeps around those areas. It visually highlights both Bill Williams fractals and regular fractals, and alerts the user when the market sweeps liquidity above or below the most recent fractal levels.
Fractal Recognition:
Detects both bullish (low) and bearish (high) fractals on the price chart.
Users can choose between:
Bill Williams fractal logic (default), or
Regular fractal logic (when the “Filter Bill Williams Fractals” option is enabled).
Fractals are plotted directly on the chart as red downward triangles for highs and green upward triangles for lows.
Fractal Tracking:
The indicator stores the most recent high and low fractal levels to serve as reference points for potential sweep detection.
Sweep Detection:
A bearish sweep is triggered when the price wicks above the last fractal high but closes below it — suggesting a liquidity grab above resistance.
A bullish sweep is triggered when the price wicks below the last fractal low but closes above it — suggesting a liquidity grab below support.
When a sweep occurs, the indicator draws a horizontal line from the previous fractal point to the current bar.
Alert System:
Custom alerts notify the trader when a bearish sweep or bullish sweep occurs, allowing for timely reactions to potential reversals or liquidity traps.
