SS Critical Advanced Swing Trading Decision Matrix

📊 How to Use the SS Critical Advanced Swing Trading Decision Matrix Indicator

Installation & Setup
Adding to TradingView
Open TradingView and Click "Add to Chart"

The indicator will load with the dashboard on your selected position
Recommended Timeframes
Daily charts: Primary timeframe for swing trading signals
4-hour charts: For fine-tuning entry/exit points
Weekly charts: For confirming long-term trends

Interpreting the Decision Matrix Scores

Final Score Ranges


Component Breakdown
Trend (25%): MA alignment + SuperTrend direction + ADX strength
Momentum (30%): RSI + MACD + Stochastic + ROC + MFI
Volume (20%): Volume surge + MFI confirmation
Volatility (15%): Bollinger Bands position + ATR
Oscillators (10%): CCI + Williams %R + ADX

Trading Signals

BUY Signal
Triggers when Final Score crosses above 65
Confirms bullish momentum building
Enter within 1-2 bars of signal for best results

SELL Signal
Triggers when Final Score drops below 35
Indicates bearish pressure intensifying
Exit or consider shorting opportunities

Signal Quality Validation
Check Previous Close score for trend confirmation
Higher previous score = stronger continuation
Diverging scores = potential reversal or consolidation

Customisation for Your Strategy

Adjusting Signal Weights
Trending Markets: Increase Trend Weight to 30-35%
Volatile Markets: Increase Volatility Weight to 20-25%
Low Volume Stocks: Decrease Volume Weight to 10-15%
High Volume Stocks: Increase Volume Weight to 25-30%

Parameter Optimization
Fast MA (9): For aggressive entries, reduce to 5-7
Slow MA (50/200): For longer holds, keep standard
RSI Length (14): Increase to 21 for smoother signals
Profit Target: Set based on stock volatility (6-7% default)

Best Practices

Entry Strategy
Wait for score ≥ 65 (STRONG or EXCELLENT)
Confirm trend on higher timeframe (weekly)
Check volume is above average
Enter on price pullback or breakout

Exit Strategy
Target: Achieve 6-7% profit within timeframe
Stop-loss: When score drops below 50 (MODERATE)
Trailing stop: Move to breakeven at 3% profit

Risk Management
Never risk more than 2% of capital per trade
Use position sizing based on signal quality:
EXCELLENT: 100% of planned position
STRONG: 75% of planned position
MODERATE: 25% or skip

Avoiding False Signals
Use multiple timeframe confirmation (daily + weekly)
Avoid trading during low volume periods
Check fundamentals for stocks with EXCELLENT scores
Don't overtrade - wait for quality setups

Dashboard Interpretation
Current Bar Section
Shows real-time analysis of ongoing candle
Component scores color-coded (Green/Yellow/Red)
Weighted column shows actual contribution to final score
Previous Close Section
Displays confirmed signal from last closed bar
Use for backtesting and strategy validation
Compare with current to spot trend changes
Alerts Setup
Create alerts for Buy/Sell signals
Set notifications for EXCELLENT quality signals
Combine with price alerts for automated monitoring

Practical Example
EXCELLENT Signal (Score 85)
All 5 components show green (>60 points)
Strong uptrend with high volume
Action: Enter full position, target 6-7% in 5 -15 days
WEAK Signal (Score 40)
Mixed indicators, declining momentum
Action: Avoid new entries, monitor existing positions

Pro Tip: Backtest this indicator on your favorite stocks using historical data before live trading. Adjust weights and parameters based on which components work best for your specific market/timeframe.
© Dr Shantanu Samanta - This indicator combines proven swing trading indicators into a single decision matrix for clearer trade execution.

For Educational purposes only