SCOTTGO 5 PILLARS & ELITE MOMO PRODescription: SCOTTGO 5 Pillars & Elite Momo Pro
This comprehensive trading dashboard combines ScottGo’s 5 Pillars of Momentum with the Elite Momo Pro confluence system. It is designed to help traders identify high-probability momentum setups by filtering for price, volume, and technical alignment in real-time.
Key Features:
The 5 Pillars Table: Automatically tracks the core requirements for momentum trading:
Pillar 1: Relative Volume (RVOL): Compares current volume to a 30-day average.
Pillar 2: Daily % Change: Monitors momentum against the daily open.
Pillar 3: Catalyst Check: Displays a "🔥" icon for strong intraday moves.
Pillar 4: Price Range: Ensures the asset is within your preferred trading window.
Pillar 5: Float Analysis: Filters for low-float runners (with "⚠️ N/A" handling).
Elite Momo Dashboard: A confluence-based scoring system (0-6) that monitors:
VWAP & 9EMA Alignment: Confirms price is on the right side of the trend.
RVOL Direction: Checks if volume is expanding.
RSI & MACD Confluence: Validates momentum and trend strength.
Visual Signals & Labels: * Supertrend Buy/Sell: Visualizes trend flips on the chart.
Elite Bull/Bear Labels: Highlights specific high-volume breakout points.
Dynamic Daily Label: Real-time floating label showing Daily %, Volume, and RVOL.
How to Use:
Watch for "Meets All Criteria": When the 5 Pillars table turns green, the stock has passed the core momentum filters.
Verify Confluence: Look for a high Elite Momo Score (5/6 or 6/6) to confirm technical alignment.
Check News: Use the "Catalyst" prompt to perform a manual check for news or fundamental drivers.
تحليل الاتجاه
Overbought/Oversold - TheTechnicalTraders.comTheTechnicalTraders.com 30-minute overbought and oversold indicator shows where price generally slows and reverses direction. During an uptrend (green bars), focus on oversold levels as support and entry points. During a downtrend (red bars), focus on overbought levels to exit longs, or buy inverse ETFs.
Moving Averages & Volume - TheTechnicalTraders.comTheTechnicalTraders.com moving averages and daily volume chart setup.
These are Chris Vermeulen's daily chart settings and moving average mix for identifying long, intermediate, and short-term trends.
Support/Resistance & EMA Crossovers with AlertsPublic Script for Support/Resistance & EMA Crossovers with Alerts
TQ Gold Trend (Macro Regime)This indicator answers one question only:
Is gold in a monetary uptrend right now?
It does not:
Forecast prices
Time entries
Use momentum or volatility
It simply classifies the macro trend regime of gold.
3️⃣ Logic (Simple, Explicit)
Timeframe: Weekly
Indicator: 30-week Simple Moving Average
Interpretation:
Bullish: Price above a rising 30W SMA
Bearish: Price below a falling 30W SMA
Neutral: Everything else (transition / range)
This is classic macro trend / stage analysis, adapted for gold as a monetary asset.
4️⃣ How to Use It (User Instructions)
How to read the chart
>If Gold is Bull, precious metals matter.
>If Gold is Bear, ignore silver and miners.
>If Gold is Neutral, wait — no edge.
Best use
Check once per week
Use as the first filter before looking at:
Gold/DXY
Gold/SPY
Silver/Gold
Recommended timeframe
Weekly only (designed for macro regimes, not trading)
15:50 AnticipeThis indicator is designed to anticipate the market behavior around a specific time of day (by default 15:50) by evaluating market conditions one minute before the target candle.
It is primarily intended for intraday trading on 1-minute charts, especially on index futures such as NQ / MNQ.
The logic combines trend, volatility compression, momentum, volume, and VWAP positioning, using a scoring system to determine whether a LONG, SHORT, or NEUTRAL bias is statistically favored before the target candle prints.
Core Concept
At the anticipation candle (15:49 by default), the indicator evaluates multiple technical conditions.
Each condition adds points to a LONG score or SHORT score.
If one side reaches the required score threshold and is stronger than the opposite side, a persistent signal is generated and held through the 15:50 candle.
The 15:50 candle is highlighted in yellow for visual reference.
Indicators Used
The system combines:
• Bollinger Bands to detect volatility compression
• EMA 9 / EMA 21 / EMA 89 for short-term and structural trend
• RSI for momentum confirmation
• Volume Spike Detection based on a volume SMA multiplier
• Anchored VWAP, reset daily and anchored at a configurable time
• Optional Reversal Mode for mean-reversion setups
Scoring Logic
Each side (LONG / SHORT) accumulates points based on conditions such as:
• Bollinger Band compression
• EMA 9 vs EMA 21 alignment
• Price location relative to EMA 9 and BB basis
• RSI above or below threshold
• Volume spike confirmation
• Price position relative to Anchored VWAP
If Reversal Mode is enabled, additional points are added when:
• Price touches or exceeds Bollinger extremes
• RSI divergence is detected
• Price deviates significantly from Anchored VWAP
Reversal conditions carry more weight, favoring exhaustion and snap-back setups.
Signal Generation
At the anticipation candle:
• LONG signal
Triggered when LONG score ≥ required threshold and stronger than SHORT score.
• SHORT signal
Triggered when SHORT score ≥ required threshold and stronger than LONG score.
• NEUTRAL signal
Displayed when neither side has a clear statistical edge.
Signals are displayed as labels above or below price, positioned dynamically using ATR to avoid candle overlap.
Once triggered, the signal remains active through the 15:50 candle and can be used for trade execution or confirmation.
Anchored VWAP
The Anchored VWAP:
• Resets automatically each trading day
• Starts calculating from a user-defined hour and minute
• Acts as a directional and mean-reversion reference
• Is fully integrated into both trend and reversal logic
Alerts
The indicator provides alert conditions for:
• Anticipated LONG setup
• Anticipated SHORT setup
• NEUTRAL condition
Alerts trigger when the anticipation signal becomes active, allowing automation or discretionary execution.
Intended Use
This indicator is best used as:
• A directional bias tool before a known time-based volatility event
• A confirmation layer, not a standalone entry system
• A way to structure disciplined trades instead of reacting emotionally to the 15:50 candle
It favors clarity, confluence, and probability, not prediction.
TQ Silver / Gold (Weekly Macro)This indicator tracks the Silver / Gold ratio on a weekly basis to determine whether silver is leading gold (risk appetite returning inside metals) or gold is leading silver (a more defensive precious-metals posture).
Within the TQ Weekly Macro Framework, this indicator is designed to be used after confirming the broader macro environment using TQ Gold Trend (Weekly Macro), TQ Gold / DXY (Weekly Macro), and TQ Gold / SPY (Weekly Macro).
Why Silver / Gold matters
>When Silver / Gold rises, silver is outperforming gold — often associated with reflation, growth expectations, or broad risk appetite within precious metals.
>When Silver / Gold falls, gold is outperforming silver — often associated with defense, uncertainty, or tighter financial conditions.
>This ratio is not a timing tool — it is a regime and leadership indicator within the metals complex.
How it works (regime rules)
Using weekly data:
Compute Silver ÷ Gold
Apply a 30-week SMA
Regime definitions:
Bull: Ratio above a rising 30-week SMA (silver leading)
Bear: Ratio below a falling 30-week SMA (gold leading)
Neutral: Transition / range
A clear label marks the current regime.
How to use it in your system
Use after confirming:
TQ Gold Trend (Weekly Macro)
TQ Gold / DXY (Weekly Macro)
TQ Gold / SPY (Weekly Macro)
> If Silver / Gold is Bull, metals participation is broadening and silver often has more upside torque.
> If Silver / Gold is Bear, gold leadership is defensive and silver exposure may underperform.
> Neutral often signals rotation or consolidation.
Best timeframe
Designed for weekly macro regime analysis.
TQ Gold / SPY (Weekly Macro)What this indicator does
This indicator tracks the Gold/SPY ratio on a weekly basis to show whether gold is outperforming U.S. equities (risk assets). It helps you determine if the market is favoring hard money / defensive leadership vs risk-on equity leadership.
Within the TQ Weekly Macro Framework, this indicator is intended to be used after confirming gold’s primary trend using TQ Gold Trend (Weekly Macro) and its monetary backdrop using TQ Gold / DXY (Weekly Macro).
Why Gold/SPY matters
Gold can rise during equity booms and during equity stress.
The Gold/SPY ratio tells you which asset class is winning in relative terms.
Rising Gold/SPY often signals defensive leadership, shifting macro preferences, or risk repricing, especially when aligned with TQ Gold Trend (Weekly Macro).
How it works (regime rules)
Using weekly data:
Compute Gold ÷ SPY
Apply a 30-week SMA
Regime definitions:
Bull: Ratio above a rising 30-week SMA (gold leading equities)
Bear: Ratio below a falling 30-week SMA (equities leading gold)
Neutral: Transition / range
A clear label marks the current regime.
How to use it in your system
Use after TQ Gold Trend (Weekly Macro) and TQ Gold / DXY (Weekly Macro).
> If Gold/SPY is Bull, gold is leading risk assets — metals tend to behave stronger and more “macro-relevant.”
> If Gold/SPY is Bear, equities are winning — gold moves may be less dominant.
> Neutral usually means rotation or consolidation.
Best timeframe
Designed for weekly macro regime analysis, not short-term trading.
Crypto Exhange Rank BTC/ETHShows the rank from 1-5 between the main spot pairs of crypto exchanges. Works for BTC and ETH.
SOL HTF Fib levelsJust marked the HTF fib levels on SOL, best asset to trade, don't use it for other assets
TCT - Range Bar ScalperA confluence-based scalping indicator designed for range bar charts that identifies high-probability trade entries using ADX momentum, Directional Movement bias, and Short-Term Trend direction.
📊 How It Works
This indicator generates buy and sell signals when three key conditions align:
Buy Signal Triggers When:
ADX is above the threshold (default: 20) confirming trend strength
Directional Movement shows bullish bias (DI+ > DI-)
Short-Term Trend candles are bullish
Sell Signal Triggers When:
ADX is above the threshold confirming trend strength
Directional Movement shows bearish bias (DI- > DI+)
Short-Term Trend candles are bearish
🎯 Key Features
Dashboard Panel
Real-time display of Momentum (ADX value), Bias (DM direction), and Direction (STT state)
Color-coded cells for instant visual assessment
Fully customizable position, colors, and text size
Short-Term Trend Candles
Smoothed candles using linear regression to filter noise
Overlaid directly on your chart
Adjustable reaction speed for faster or smoother signals
Smart Signal Logic
Toggle between consecutive signals or alternating buy/sell mode
Optional filter to require bar close in signal direction
Signals only fire when conditions fail and recover (prevents spam)
Confluence Dots (Optional)
Visual status indicators for each component (ADX, DM, STT)
Quickly see which conditions are met or missing
Alerts
Built-in alert conditions for both buy and sell signals
⚙️ Settings
ADX Length
Period for ADX/DI calculation (default: 10)
ADX Threshold
Minimum ADX for signals (default: 20)
STT Speed
Speed for trend candles (5-200, default: 25)
Allow Consecutive Signals
Enable/disable same-direction signal repeats
Require Bar Close in Direction
Filter signals by candle close direction
💡 Best Used On
Range bar charts (primary design intent)
Works on any timeframe but optimized for scalping
Pairs well with support/resistance levels and volume analysis
📝 Notes
Lower STT Speed values react faster to price changes; higher values provide smoother signals
The ADX threshold filters out choppy, sideways markets
Use the confluence dots to understand why signals may not be firing
Coinbase PremiumShows the Coinbase Premium over Binance adjusted for USDT peg. Works for ETH and BTC.
TQ Gold / DXY (Weekly Macro)What this indicator does
This indicator tracks the relative performance of gold versus the U.S. dollar using the Gold/DXY ratio. It helps determine whether gold’s strength is real (monetary) or merely nominal.
Why Gold/DXY matters
Gold rising with a rising dollar is not a strong signal.
Gold rising against a weakening dollar signals monetary outperformance.
This ratio filters out dollar noise and focuses on true purchasing-power strength.
How it works
The indicator calculates Gold ÷ DXY using weekly data.
A 30-week SMA is applied to the ratio.
Regimes are defined as:
Bull: Ratio above a rising 30-week SMA (gold beating the dollar)
Bear: Ratio below a falling 30-week SMA
Neutral: Transition or range-bound periods
A clear on-chart label shows the current regime.
How to use it
Use after confirming Gold Trend is Bull.
When Gold/DXY is Bull, gold has a true monetary tailwind.
When Gold/DXY is Bear, gold rallies are often fragile or dollar-driven.
Neutral readings signal consolidation or regime change.
Best timeframe
Designed for weekly charts and macro analysis.
Not intended for short-term trading signals.
Weekly macro ratio indicator tracking Silver/Gold with a 30-weekWhat this indicator does
This indicator tracks the Silver/Gold ratio on a weekly basis to determine whether silver is leading gold (risk appetite returning inside metals) or gold is leading silver (more defensive precious-metals posture).
Why Silver/Gold matters
When Silver/Gold rises, silver is outperforming gold — often associated with reflation, growth expectations, or broad risk appetite.
When Silver/Gold falls, gold is outperforming silver — often associated with defense, uncertainty, or tighter financial conditions.
This ratio is not a timing tool — it’s a regime/leadership indicator.
How it works (regime rules)
Using weekly data:
Compute Silver ÷ Gold
Apply a 30-week SMA
Regime definitions:
Bull: Ratio above a rising 30-week SMA (silver leading)
Bear: Ratio below a falling 30-week SMA (gold leading)
Neutral: Transition/range
A clear label marks the current regime.
How to use it in your system - This indicator is designed to be used as part of the broader TQ Weekly Macro Framework, alongside other TQ indicators such as TQ Gold Trend (Weekly Macro), TQ Gold / DXY (Weekly Macro), and TQ Gold / SPY (Weekly Macro).
Each indicator can also be used independently.
Use after confirming:
Pane 1: Gold Trend
Pane 2: Gold/DXY
Pane 3: Gold/SPY
If Silver/Gold is Bull, metals participation is broadening and silver often has more upside torque.
If Silver/Gold is Bear, gold leadership is defensive; silver exposure may underperform.
Neutral often signals rotation or consolidation.
Best timeframe
Designed for weekly macro regime analysis.
Stoch RSI Tops vs PriceMarks all Stochastic RSI top in the overbought region and determines whether price action went up or down thereafter
Can be used on any time frame.
Stoch RSI Bottom vs PriceMarks all Stochastic RSI bottoms in the oversold region and determines whether price action went up or down thereafter
Can be used on any time frame.
Trend Futures Trading AssistantHere is the translation of your trading strategy into professional English, suitable for a trading guide or script comments:
**Usage Instructions:**
Try to enter long or short positions when the signal is sharpest (at the "needle tip"). Note that false signals often appear during strong uptrends or downtrends; always hold positions in accordance with the trendline direction.
**Example for Short Selling:**
If the trendline is moving downward, hold the position for a longer period even if a brief trend reversal occurs. Always use previous highs and lows to further confirm the trend.
In a downtrend: if the price fails to break below the previous low, and there is a clear trend reversal accompanied by a long/bullish signal appearing at the bottom of the candlestick, you may enter a light position to avoid falling for a false signal.
The same logic applies to long positions.
***
**Key Terminology Used:**
* **接针尖:** Enter at the "needle tip" / when the signal is sharpest (implying precision entries at turning points).
* **假信号:** False signals.
* **趋势线:** Trendline.
* **前高前低:** Previous highs and lows.
* **轻仓入场:** Enter a light position / Enter with small position size.
使用方法：
做多做空尽量接针尖，上升和下降的趋势中总会出现几个假信号，请结合趋势线走势持仓。
例如做空：
趋势线一直往下走，即使出现了短暂的趋势反转，也要持仓久一点，结合前高前低线进一步确认走势，下跌行情中，如果没有跌破前低，而且趋势有了明显的反转，而且K线底部出现了做多的信号，此刻可以轻仓入场，防止是假信号。做多也是如此操作。
Weekly macro ratio indicator comparing gold vs SPY 30 SMAWhat this indicator does
This indicator tracks the Gold/SPY ratio on a weekly basis to show whether gold is outperforming U.S. equities (risk assets). It helps you determine if the market is favoring hard money / defensive leadership vs risk-on equity leadership.
Why Gold/SPY matters
Gold can rise during equity booms and during equity stress.
The Gold/SPY ratio tells you which asset class is winning in relative terms.
Rising Gold/SPY often signals defensive leadership, shifting macro preferences, or risk repricing.
How it works (regime rules)
Using weekly data:
Compute Gold ÷ SPY
Apply a 30-week SMA
Regime definitions:
Bull: Ratio above a rising 30-week SMA (gold leading equities)
Bear: Ratio below a falling 30-week SMA (equities leading gold)
Neutral: Transition/range
A clear label marks the current regime.
How to use it in your system
Use after Pane 1 (Gold Trend) and Pane 2 (Gold/DXY).
If Gold/SPY is Bull, gold is leading risk assets — metals tend to behave stronger and more “macro-relevant.”
If Gold/SPY is Bear, equities are winning — gold moves may be less dominant.
Neutral usually means rotation or consolidation.
Best timeframe
Designed for weekly macro regime analysis, not short-term trading.
Multi-Timeframe Stochastic RSI (Daily + Weekly)View the Daily and Weekly Stochastic RSI together on any timeframe to see how they oscillate
Multi-Timeframe RSI (Daily + Weekly)View the Daily and Weekly RSI together so you see how the oscillate on any timeframe
Weekly macro trend indicator for gold using a 30-week SMAWhat this indicator does
This indicator identifies the macro trend regime of gold using a simple, time-tested framework: the weekly price of gold relative to its 30-week simple moving average.
It is designed to answer one question only:
Is gold currently in a monetary uptrend?
How it works
The indicator uses weekly data and applies a 30-week SMA regime filter:
Bullish (Monetary Uptrend):
Gold price is above a rising 30-week SMA.
Bearish (Monetary Downtrend):
Gold price is below a falling 30-week SMA.
Neutral (Transition):
All other conditions (range-bound or early trend change).
A clear on-chart label displays the current regime.
How to use it
Use this as the first filter before analyzing silver, miners, or relative-strength ratios.
When gold is Bull, precious metals deserve attention.
When gold is Bear, most precious-metal trades lose their edge.
When gold is Neutral, patience is usually rewarded.
Best timeframe
This indicator is designed for weekly charts and macro-level decision-making.
It is not intended for day trading or short-term signals.
Who this is for:
Investors and traders focused on macro trends
Those treating gold as a monetary asset, not a short-term trade
Anyone looking for a clean, objective regime filter.
AlgoLevel - Price Action ToolkitAlgoLevel — Price Action Toolkit is a price-action–based analysis indicator designed to help traders better understand how price behaves around key areas, rather than relying on lagging indicators or isolated signals.
The script is built on widely used price action concepts such as Supply & Demand zones, market structure (BOS / CHoCH), displacement, volume participation, and key market reference levels. These concepts are commonly studied and applied by discretionary traders across different markets.
By automatically organizing these elements on the chart, AlgoLevel helps reduce manual work and chart clutter, allowing traders to focus on context, confirmation, and disciplined decision-making. When combined with proper risk management and a well-defined trading plan, the tool is intended to support consistent and structured analysis, not shortcuts or guarantees.
AlgoLevel is designed for learning, analysis, and situational awareness, and can be used across any market or timeframe.
AlgoLevel is built around four core price-action pillars, applied in a specific and intentional order:
1. Supply & Demand Zones (Primary Focus)
2. Zone Lifecycle: Mitigation & Retests
3. Market Structure (BOS / CHoCH)
4. Momentum & Key Market Levels (Context)
It is a decision-support system that shows where price is reacting, what structure is doing, and whether momentum supports continuation or reversal.
🔶 CORE FEATURES (OVERVIEW)
AlgoLevel includes the following major components:
• Automated Supply & Demand zone detection with strength scoring
• Smart Demand / Smart Supply zone highlighting
• Zone mitigation & invalidation tracking
• Price-entered zone detection (normal & Smart)
• Swing market structure (HH / HL / LH / LL)
• BOS & CHoCH detection
• Optional ghost swings (emerging structure)
• Hybrid Momentum Cloud (ATR-normalized displacement × volume)
• Optional MTF momentum confluence
• Key market levels:
o PDH / PDL
o WKH / WKL
o PMH / PML
• Built-in alerts + optional on-chart popup alerts
• Hover tooltips on all major elements (zones, structure, levels)
🔶 1) SUPPLY & DEMAND ZONES (PRIMARY ENGINE)
Supply & Demand zones are the foundation of AlgoLevel. Zones are detected on confirmed candles only, using:
• Candle direction (bullish / bearish)
• Relative volume vs EMA baseline
• Price displacement & imbalance behavior
Each zone stores:
• Zone top / bottom / midpoint
• Formation volume
• Relative strength score
• Time anchor for clean plotting & extension
✅ Smart Zones (Strength-Based Filtering)
Zones are ranked relative to recent zones.
Zones meeting your configured threshold (example: ≥ 60%) are highlighted as Smart Demand or Smart Supply.
🔶 2) ZONE LIFECYCLE — MITIGATION & RETEST LOGIC
Zones in AlgoLevel are dynamic, not static drawings.
Each zone follows a lifecycle:
Formation → Active → Mitigated / Invalidated
Mitigation styles:
• Close — strict confirmation beyond the zone
• Wick — sensitive touch behavior
• Avg — average-based mitigation logic
Mitigated zones are automatically removed, keeping the chart focused on relevant price areas.
Price Entered Zone Detection
AlgoLevel detects when price:
• Enters Demand / Supply zones
• Enters Smart Demand / Smart Supply zones
These events can trigger:
• Alerts
• On-chart popup labels
• Monitoring workflows
🔶 3) MARKET STRUCTURE — BOS / CHoCH CONFIRMATION
After price interacts with a zone, market structure provides intent.
The structure engine identifies:
• HH / HL / LH / LL
• BOS (Break of Structure) — continuation context
• CHoCH (Change of Character) — potential reversal context
Optional Ghost Swings
Ghost swings show temporary emerging pivots and disappear once structure is confirmed — providing early context without repainting confirmed labels.
🔶 4) HYBRID MOMENTUM CLOUD (TREND CONTEXT)
The Momentum Cloud is a bias & trend context tool, not a timing trigger.
It combines:
• ATR-normalized displacement
• Volume-weighted momentum
• EMA smoothing
• Adaptive envelope expansion / contraction
Optional MTF Momentum Confluence
Momentum confirmation can require agreement from additional timeframes with a configurable signal count.
🔶 5) KEY MARKET LEVELS (CONTEXT & FRAMING)
AlgoLevel includes widely used reference levels:
• PDH / PDL — Previous Day High / Low
• WKH / WKL — Previous Week High / Low
• PMH / PML — Premarket High / Low
• Optional VWAP
These levels help frame:
• Liquidity context
• Reaction zones
• Potential targets
Example 2
🔶 6) HOVER TOOLTIPS & INTERACTIVE EXPLANATIONS (KEY UX FEATURE)
AlgoLevel includes contextual hover tooltips across all major elements to make the script self-explanatory directly on the chart.
When hovering over zones, structure labels, or levels, users can see:
Zone Tooltips
• Zone type (Demand / Supply)
• Strength percentage (relative ranking)
• Formation volume
• Quick interpretation (strong / medium / weak context)
Structure Tooltips
• BOS vs CHoCH explanation
• Internal vs swing structure context
• Confirmation logic reference
Level Tooltips
• Level type (PDH, PMH, WKH, etc.)
• Session or timeframe origin
• Intended use as reference, not signals
This allows users to understand what each element represents and why it matters without reading documentation or code.
🔶 BASIC DEMONSTRATION (CONCEPTUAL EXAMPLES)
Example A — Trend Continuation from Demand
1. Momentum Cloud indicates bullish bias
2. Price pulls back into Smart Demand
3. BOS confirms continuation
4. Levels used for context & targets
Example B — Reversal Context from Supply
1. Price enters Supply zone
2. CHoCH appears
3. Momentum shifts bearish
4. Zone + structure used as reversal context
🔶 USAGE & WORKFLOW (RECOMMENDED)
1️⃣ Establish bias using Momentum Cloud
2️⃣ Identify Smart Demand / Supply zones
3️⃣ Wait for price interaction
4️⃣ Confirm intent using structure
5️⃣ Use levels for context
6️⃣ Execute with personal risk rules
🔶 SETTINGS (HIGH-LEVEL GUIDE)
Supply & Demand
• Lookback count
• Mitigation method
• De-dup distance
• Zone extension
• Smart labels & metrics
• MTF zone source
Structure
• Swing length
• BOS / CHoCH labels
• Ghost swings
Momentum
• EMA base
• Volume & displacement lookbacks
• Smoothing & envelope factor
• MTF confirmation
Levels
• PDH / PDL
• WKH / WKL
• PMH / PML
Alerts
• Zone formed / mitigated
• Zone entered
• Smart zone entered
• On-chart popups
🔹 HOW I USE THIS TOOL (AUTHOR WORKFLOW)
This is one practical way I personally use AlgoLevel for intraday context and execution alignment.
1️⃣ Use a Lower Timeframe for Early Zone Awareness (10-Second Chart)
I first monitor a very low timeframe (example: 10-second) to observe:
• Where Supply and Demand zones are forming early
• How price reacts inside those zones (acceptance, rejection, or clean breaks)
• Which zones show higher relative strength or volume participation
This helps me see micro reactions and intent before they become obvious on higher timeframes.
2️⃣ Execute Decisions on a Higher Timeframe (1-Minute Chart)
Once zones are established on the lower timeframe, I shift focus to the 1-minute chart to:
• Trade with cleaner structure
• Reduce noise from ultra-fast price fluctuations
• Use Supply/Demand zones as areas, not precise entries
Execution decisions are always made on the higher timeframe, with the lower timeframe acting as context only, not a trigger.
3️⃣ Always Check Key Reference Levels
Before taking any trade idea, I verify where price is relative to:
• Premarket High / Low (PMH / PML)
• Previous Day High / Low (PDH / PDL)
• Previous Week High / Low (WKH / WKL)
If price is reacting at these levels in confluence with Supply/Demand zones, the context is stronger.
If not, I stay patient.
4️⃣ Use Structure & Momentum for Confirmation, Not Prediction
• Swing structure (HH/HL/LH/LL, BOS, CHoCH) helps confirm whether price is continuing or shifting
• The Momentum Cloud provides trend context, not entries
I avoid trading against structure or momentum, even if a zone exists.
5️⃣ Risk Management Is Always User-Defined
AlgoLevel does not:
• Generate buy/sell signals
• Define stops or targets
• Guarantee outcomes
Risk, position sizing, and execution rules are entirely up to the user. Zones and levels are decision areas, not guarantees.
📝 IMPORTANT NOTE
This workflow is shared for educational purposes only to demonstrate how multiple timeframes, zones, structure, and levels can be combined logically. Results depend on market conditions, execution discipline, and risk management.
• Zones can fail or be mitigated
• Structure labels require confirmation
• Momentum is context, not timing
• Best results come from confluence
📝Conclusion
Price action trading is widely respected for its straightforward and practical approach to understanding market behavior. This tool is designed to enhance that approach by presenting structured price-based insights in a clear and accessible way, helping traders better observe and interpret market movement.
While this script provides valuable visual context and analytical support, it should be used as part of a broader trading process. Market outcomes depend on many variables, and consistent performance comes from experience, discipline, and sound decision-making over time.
🔒 How to get access
This is an Invite-Only script.
Follow the author’s access instructions on the publication page.
Super Indicator by ShahedShort Description (one‑liner)
Trend‑gated line‑breakout system for 1D charts: buy breakouts + pullback buys, ATR‑buffered stops, long target & volume‑scaled target, PDL/PDH and liquidity stats, with a light green/red background for trend.
Full Description
What this script does
Finds buy opportunities on a line chart (close):
Recent High Breakout (tiny green dot)
Pullback Buy after a confirmed swing‑high break → 3–7 lower closes, then a bullish bar (tiny black dot)
Flags sells only for context:
Recent Low Breakout and Swing‑Low Break (tiny red dots)
Applies trend gating:
Signals only plot when the background is light green, i.e., when SMA20 > SMA50, SMA150, and SMA200
Background turns light red when the condition fails (no signals in red regime)
Uses ATR‑buffered stops and targets:
Long ATR Stop = last swing low − (ATR × multiplier)
Long Target (R multiple) = entry + RR × (entry − ATR stop)
Volume Target = entry + (ATR × base multiplier × Relative Volume)
(Relative Volume = Today’s daily volume ÷ 30‑day average daily volume, capped between user‑defined min/max)
Shows a compact, relocatable info panel (no drag—choose corner in settings):
Long Stop (ATR), Short Stop (ATR)
PDL (previous day low), PDH (previous day high)
Today’s Volume (Millions)
Avg Turnover (30‑day, Crores)
Long Target, Volume Target
Relative Volume (x)
Draws a horizontal line at the current Long Target, automatically updating on new long entries (extends to the right).
Why it’s useful
Simple entries on the close (line chart) with objective structure (swing confirmation).
Trend alignment by design (light green background required for signals).
Risk-aware: stops use ATR buffers off confirmed swing lows/highs.
Liquidity-aware: targets flex with relative volume.
Clean visual layer: tiny dots, light background, compact panel.
Signals & Logic (plain language)
Buy (Breakout): close crosses above the recent high (lookback N).
Buy (Pullback): after a swing‑high break, count 3–7 consecutive lower closes, then on the next bullish bar → buy.
Sell (Context): recent low breakout or a break below the most recent swing low.
Trend filter: all signals only print when SMA20 > SMA50, SMA150, SMA200 (background light green).
Note: Swings use pivotlow/pivothigh on close to match a line chart. Pivots confirm after swRight bars, making stops stable (but slightly delayed).
Table / Panel (what you see)
Long Stop (ATR) and Short Stop (ATR)
PDL / PDH (from daily timeframe)
Vol Today (M) and Avg Turn 30D (Cr)
Long Target (R) and Volume Target
Rel Vol (x) (today’s daily volume ÷ 30D average volume)
You can change the panel position via Panel Position (Top‑Left / Top‑Right / Bottom‑Left / Bottom‑Right).
Inputs (key)
Breakout Lookback and Repaint‑safe recent levels toggle
Swing Left/Right (pivot confirmation)
ATR Length and ATR Multiplier
RR for Long Target (e.g., 2.0R)
Volume Target base ATR Multiplier, RelVol floor/ceiling
Panel Position, Panel Transparency
Show Target Line, color, width
Enable Pullback Buy, LL min/max, Require bullish bar
Show Text Labels (BUY/SELL)
Alerts
BUY – Recent High Broken
SELL – Recent Low Broken
SELL – Swing Low Broken
BUY – Pullback after Swing High Break
Alerts only fire when the background is green (trend up condition).
Best‑practice tips
This is tuned for Daily charts. For intraday, consider adjusting:
Swing Left/Right (e.g., 1–2 for faster swings)
ATR Multiplier (e.g., 0.5–1.0 intraday; 1.0–1.5 if noisy)
RR (start with 1.0–1.5, then explore 2.0)
If you want the Volume Target to matter more or less, adjust Vol Target Base ATR Multiplier and RelVol caps.
Limitations & notes
No repainting of signals: pivots are confirmed before being used for stops/pullback logic.
Relative Volume uses daily volumes. On non‑daily charts, values still come from the daily timeframe to stay consistent.
No manual drag for the panel (Pine v4 limitation). Use the corner selector.
How to present screenshots
1D chart with:
Light green background, green/red dots, a black pullback buy dot.
Panel in a corner (e.g., Bottom Right).
Target line drawn and extending right.
One screenshot with a marked pullback sequence (3–7 lower closes) and the following bullish bar entry.
Suggested Tags
breakout, swing, ATR, trend, volume, relative-volume, PDL, PDH, targets, risk-management, line-chart
Disclaimer
This script is for educational purposes. Not financial advice. Trading involves risk. Always validate on your timeframe and instruments, and combine with your execution and risk rules.
