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Weekly Open LineThis script is designed to assist traders in identifying the "Power of Three" (PO3) model on a weekly basis — as taught by ICT (Inner Circle Trader). It automatically plots: - The **Weekly Open**, a crucial reference level for detecting manipulation zones. - **Weekly High and Low**, to frame liquidity zones and potential sweep areas. - A customizable **Manipulation Zone**, calculated as a percentage range above and below the weekly open. The PO3 model breaks market structure into: 1. Accumulation (early-week range) 2. Manipulation (false breakouts and liquidity grabs) 3. Distribution (true directional move) This tool helps visualize those stages and align trades with smart money behavior. Best used on 1H, 4H, or 15M timeframes for clarity. Tip: Combine with FVGs, Order Blocks, and time-of-day filters for enhanced setups.
Pine Script® indicator
by onurirmak
All SMAs Bullish/Bearish ScreenerTitle: All SMAs Bullish/Bearish Screener: Uncover Powerful Trend Alignment Description: Are you tired of sifting through countless charts, desperately trying to find stocks that are truly trending? Do you seek clear, unequivocal signals that scream "Buy!" or "Sell!" based on robust price action? Look no further. Introducing the "All SMAs Bullish/Bearish Screener," a powerful yet elegantly simple Pine Script indicator designed to pinpoint stocks where the current price is in absolute harmony (or discord) with a comprehensive suite of Simple Moving Averages. The Power of Confluence: Why This Indicator Matters In the dynamic world of trading, strong trends are often characterized by significant alignment across multiple timeframes. This indicator is built on the profound principle of Moving Average Confluence. Instead of just looking at one or two moving averages, this screener meticulously analyzes the relationship between the current closing price and six critical Simple Moving Averages (SMAs): the 5, 10, 20, 50, 100, and 200-period SMAs. When the price is trading above ALL these moving averages – from the shortest-term (5-period) to the longest-term (200-period) – it's a powerful declaration of unwavering bullish momentum. This often signifies strong institutional buying, a clear accumulation phase, and a robust uptrend across all market horizons. Imagine easily identifying stocks like the one pictured (SAIL), where price confidently rides above every key average, signaling a prime opportunity. Conversely, when the price is trading below ALL these moving averages, it indicates a severe and widespread bearish bias. This is a warning sign, often preceding further declines, suggesting strong distribution, and a downtrend that impacts every time horizon. What This Script Delivers: Unambiguous Trend Identification: Quickly identify stocks exhibiting exceptionally strong bullish or bearish trends. No more guessing – the alignment of all SMAs provides undeniable clarity. Customizable SMA Lengths: Tailor the moving average periods to your specific trading style and preferred timeframes. Whether you prefer slightly different short, medium, or long-term averages, you have full control via user-friendly input settings. Instant Visual Cues: The indicator visually highlights these rare and significant conditions directly on your chart: A green triangle-up signal appears below the bar when all SMAs are bullish. A red triangle-down signal appears above the bar when all SMAs are bearish. The chart background color will subtly shift to lime green for bullish alignment and red for bearish alignment, providing immediate visual feedback at a glance. Real-time Screener Capability (via TradingView Alerts): This is where the true power of this script shines for efficient trading. Set up custom alerts on TradingView for "All SMAs Bullish" or "All SMAs Bearish" conditions. Receive instant notifications (email, mobile, webhook) on any stock in your watchlist that meets these stringent criteria, allowing you to react swiftly to high-probability setups without constant chart monitoring. The alert message even tells you the ticker! On-Chart Status Display: A clear, concise status message is displayed directly on your chart, indicating "Current Price is ABOVE ALL SMAs (Bullish)", "Current Price is BELOW ALL SMAs (Bearish)", or "SMAs are Mixed," ensuring you're always aware of the prevailing condition. Who is This For? This indicator is invaluable for: Trend Followers: Identify robust trends early and ride them for significant gains. Swing Traders: Spot strong directional momentum for intermediate-term trades. Long-Term Investors: Confirm the health and direction of fundamental trends. Screener Enthusiasts: Automate your market scanning to find the cleanest setups. Stop wasting time on ambiguous charts. Leverage the "All SMAs Bullish/Bearish Screener" to gain an edge, simplify your analysis, and focus only on the highest conviction trend opportunities. Add it to your favorites today and transform your trading workflow! #PineScript #TradingView #SMA #MovingAverage #TrendFollowing #StockScreener #TechnicalAnalysis #Bullish #Bearish #MarketScanner
Pine Script® indicator
by appzandgame
Omega Market Mood Meter [OmegaTools]The Omega Market Mood Meter is a precision-built sentiment oscillator that captures the market’s emotional intensity through a multi-layered RSI system. Designed for traders who seek to align with the market's true behavioral state, it blends momentum readings with a brand-new, rarely-seen innovation: the Sentiment-Weighted Moving Average (WMA-Ω)—a trend filter that dynamically adjusts to the market’s psychological tone. 🧠 Market Mood Oscillator At its core, the Ω 3M oscillator aggregates three RSI-based components: RSI(9) on close — captures short-term tension; RSI(21) on HLC3 — balances medium-term positioning; RSI(50) on HL2 — reflects long-term directional weight. Each input is scaled and weighted to contribute to a final oscillator centered around zero, with ±50 and ±100 acting as key sentiment boundaries. When values exceed ±100, the market is likely reaching emotional extremes—zones that often precede reversals or require caution. Visual features include: Dynamic Background Highlighting: automatically emphasizes extreme sentiment zones. Reference Lines: plotted at ±100, ±50, and 0 for fast sentiment interpretation. 🔥 WMA-Ω: Sentiment-Weighted Moving Average The standout innovation of this tool is the Weighted Market Mood Moving Average, or WMA-Ω—a proprietary calculation that averages price using the absolute value of sentiment as its weighting force. This approach gives greater importance to price during periods of strong emotional conviction (either bullish or bearish), resulting in a context-aware trend filter that reacts only when sentiment truly matters. This technique: Filters noise during low-volatility or indecisive conditions; Enhances reliability by reacting to meaningful sentiment surges; Offers a more psychologically-adjusted trend baseline compared to traditional MAs. Visually: When price is above WMA-Ω, a semi-transparent bullish fill highlights underlying strength; When below, a bearish fill reveals dominant downward sentiment. This feature is unique among public TradingView tools and provides an edge in identifying trend quality with psychological context. ✅ How to Use Extreme Sentiment Zones (±100): Use as contrarian warning zones or signal dampeners. Crosses of WMA-Ω: Treat these as psychological trend confirmations; price above indicates structurally bullish sentiment and vice versa. Range-bound Bias: Between ±50, sentiment may be indecisive; watch for breakout or alignment with WMA-Ω. Advanced Confluence: Combine with other Omega tools (e.g., Ω Bias Forecaster, Ω IV Walls) for powerful regime-based strategies. Omega Market Mood Meter is ideal for discretionary and systematic traders who want a clean, multi-timeframe sentiment readout and a cutting-edge weighted trend engine grounded in market psychology.
Pine Script® indicator
by OmegaTools
2
SP Indicator Clone## 💡 **SCRIPT का STRUCTURE और FUNCTION** ### 📌 **Indicator Name** * नाम: `SP Indicator Clone` * Overlay पर plot होती है — मतलब ये indicator chart पर ही lines, dots, shapes बनाता है। --- ### 📌 **Inputs** User से कुछ values input लेता है: 1️⃣ **Short EMA Length** → default: 5 👉 ये एक छोटा EMA बनाता है ताकि short term trend दिखे। 2️⃣ **Long EMA Length** → default: 50 👉 ये एक लंबा EMA बनाता है — इसे black trendline जैसा use करते हैं। 3️⃣ **ATR Length** → default: 14 👉 ये ATR निकालता है ताकि trailing stop calculate कर सके। --- ### 📌 **Indicators Plotted** 1️⃣ **Short EMA (blue)** * Chart पर एक हल्की तेजी/मंदी की direction दिखाता है। 2️⃣ **Long EMA (black)** * ये SP Indicator की तरह main trend line की तरह काम करता है। * इस black line के ऊपर/नीचे price जाने पर signals generate होते हैं। --- ### 📌 **Signal Conditions** #### Long Signal * जब price का **close** black line (Long EMA) के ऊपर cross करता है। 👉 मतलब market नीचे से ऊपर की तरफ जा रहा है। #### Short Signal * जब price का **close** black line (Long EMA) के नीचे cross करता है। 👉 मतलब market ऊपर से नीचे गिर रहा है। --- ### 📌 **Signal Shapes** * Long signal पर: Green triangle (नीचे candle के नीचे दिखेगा) * Short signal पर: Red triangle (candle के ऊपर दिखेगा) --- ### 📌 **Trailing Stop** * Trailing Stop को ATR से निकाला जाता है: * Long trade में: close price - ATR * Short trade में: close price + ATR 👉 ये stoploss points green/red dots की तरह दिखते हैं। --- ### 📌 **Visualization** आप chart पर देख पाते हैं: * Short EMA (blue line) * Long EMA (black line) * Long/Short signal markers (triangles) * Trailing stop points (dots) --- ## ⚙️ **इस Script से आप क्या देख सकते हैं?** ✅ कब trend बदला (black line के cross पर signal मिलेगा)। ✅ कहाँ approximate trailing stop लगाना है (ATR dots से)। ✅ कब entry लेनी थी (triangles से)। --- ## 🚫 **इस Script की Limitations** ⚠️ यह सिर्फ signals और trailing stop show करता है — **ये Pine Strategy नहीं है** यानी ये Trades को backtest नहीं करता। ⚠️ आप इसका use visual reference के लिए कर सकते हैं, लेकिन P\&L, win/loss stats Strategy Tester में नहीं आएंगे। --- 💡 **अगर आप चाहते हो कि मैं इसी को एक Pine Strategy में बदलूं ताकि Strategy Tester में actual performance दिखे (number of trades, profit, loss आदि)?** बस बताओ — मैं code तैयार कर दूँ! 🚀
Pine Script® indicator
by bharatjangid9860524730
Initial Balance Wave Map📊 Initial Balance Wave Map – Powered by VWAP Wave The Initial Balance Wave Map is your visual roadmap for navigating the first hour of trading like a pro. Built to align with the VWAP Wave System, this indicator automatically plots the Initial Balance (IB) high and low, calculates real-time IB extensions, and layers in key midpoints and volume-based structure to map out high-probability zones for both reversals and breakouts. This upgraded indicator builds upon the open-source foundation by @noop-noop, with enhancements and user-facing labels tailored for Auction Market Theory, scalping, and structure-based trade setups. 🔍 Key Features: ✅ Automatically plots IB High/Low based on session times (customizable) 🔁 Displays +1x / +2x IB extensions and midpoints for precision targeting 📐 Integrated with VWAP Wave strategy: use with deviation bands for full context 🎯 Works across futures, forex, and crypto — universal structure map 🎨 Optional visual highlights for calculation window and labeling 💡 How to Use: Fade setups: Look for price rejection at ±1x or ±2x IB extensions inside a balanced market. Breakout setups: Combine IB breaks with VWAP Wave price discovery for high-momentum plays. Return to value: When price rejects extension levels and rotates, target the IB midpoint or VWAP. Whether you’re scalping futures like NQ & ES, swinging gold, or analyzing forex pairs, the Initial Balance Wave Map gives you the structural clarity to react instead of guess. For more information, visit vwapwave.com and find the VWAP Wave System official published book on Amazon.com . 🙌 Credits: This script builds upon the excellent open-source work by @noop-noop. Original script available here .
Pine Script® indicator
by traderdrysdale
Intermarket Analisis V.1What is Intermarket Analysis? Intermarket analysis looks at how various asset classes influence each other. The key idea is that markets are interconnected, and movements in one can signal or predict movements in another. For example: Stocks and Bonds: Rising bond yields (e.g., US 10-year Treasury) often pressure stock prices downward. Commodities and Forex: A rising US Dollar (USD) typically weakens gold (XAU/USD) prices due to their inverse relationship. Forex and Equities: Strong economic data boosting equities might strengthen the USD. This method helps you confirm trends, anticipate reversals, or avoid false signals in your EMA 10/20 crossover strategy. Key Intermarket Relationships USD Index (DXY) and Gold (XAU/USD): Correlation: Inverse. When DXY rises (stronger USD), gold often falls, and vice versa. Indicator: Track DXY on a separate chart. Use a 50-period SMA or RSI to spot overbought/oversold conditions in USD strength. Application: If your EMA 10/20 gives a buy signal on gold but DXY is overbought (RSI > 70), it might be a false signal—wait for DXY to cool off. US 10-Year Treasury Yields and Equities (e.g., S&P 500): Correlation: Inverse. Higher yields increase borrowing costs, pressuring stocks. Indicator: Use a 200-day EMA on yields (e.g., ^TNX) and compare with S&P 500’s 50-day EMA. Application: If yields are trending up (above 200 EMA) while your EMA 10/20 signals a stock buy, consider it risky—cross-check with macro data. Crude Oil (WTI/Brent) and Gold: Correlation: Positive. Both are inflation hedges, so they often move together during economic uncertainty. Indicator: Apply a MACD (12, 26, 9) on oil prices to confirm trend direction. Application: If oil’s MACD shows a bullish crossover and your gold buy signal aligns, it strengthens the case for a trend. Bond Yields and USD: Correlation: Positive. Rising yields support a stronger USD. Indicator: Use a Stochastic Oscillator (14, 3, 3) on DXY to spot momentum shifts. Application: If Stochastic is overbought on DXY and yields are high, a gold sell signal from EMA 10/20 might be more reliable. How to Apply Intermarket Analysis to Your EMA 10/20 Strategy Your current strategy uses EMA 10/20 crossovers for entry/exit, with SL at swing low/high and no TP until an opposite crossover. Here’s how to integrate intermarket analysis: Confirmation: Before acting on a buy signal (EMA 10 > EMA 20), check if DXY is weakening (e.g., below 50 SMA) or oil is rising (MACD bullish). This supports a gold uptrend. Divergence Warning: If your EMA 10/20 buy signal occurs but DXY is trending up (strong USD) or yields are spiking, it might indicate a false breakout—hold off. Macro Context: On July 02, 2025, 08:30 PM WIB, watch for upcoming US Jobless Claims (3-4 July). A weak report could boost gold and weaken USD, aligning with your buy signal.
Pine Script® indicator
by milikgroupy_tv
IntermarketWhat is Intermarket Analysis? Intermarket analysis looks at how various asset classes influence each other. The key idea is that markets are interconnected, and movements in one can signal or predict movements in another. For example: Stocks and Bonds: Rising bond yields (e.g., US 10-year Treasury) often pressure stock prices downward. Commodities and Forex: A rising US Dollar (USD) typically weakens gold (XAU/USD) prices due to their inverse relationship. Forex and Equities: Strong economic data boosting equities might strengthen the USD. This method helps you confirm trends, anticipate reversals, or avoid false signals in your EMA 10/20 crossover strategy. Key Intermarket Relationships USD Index (DXY) and Gold (XAU/USD): Correlation: Inverse. When DXY rises (stronger USD), gold often falls, and vice versa. Indicator: Track DXY on a separate chart. Use a 50-period SMA or RSI to spot overbought/oversold conditions in USD strength. Application: If your EMA 10/20 gives a buy signal on gold but DXY is overbought (RSI > 70), it might be a false signal—wait for DXY to cool off. US 10-Year Treasury Yields and Equities (e.g., S&P 500): Correlation: Inverse. Higher yields increase borrowing costs, pressuring stocks. Indicator: Use a 200-day EMA on yields (e.g., ^TNX) and compare with S&P 500’s 50-day EMA. Application: If yields are trending up (above 200 EMA) while your EMA 10/20 signals a stock buy, consider it risky—cross-check with macro data. Crude Oil (WTI/Brent) and Gold: Correlation: Positive. Both are inflation hedges, so they often move together during economic uncertainty. Indicator: Apply a MACD (12, 26, 9) on oil prices to confirm trend direction. Application: If oil’s MACD shows a bullish crossover and your gold buy signal aligns, it strengthens the case for a trend. Bond Yields and USD: Correlation: Positive. Rising yields support a stronger USD. Indicator: Use a Stochastic Oscillator (14, 3, 3) on DXY to spot momentum shifts. Application: If Stochastic is overbought on DXY and yields are high, a gold sell signal from EMA 10/20 might be more reliable. How to Apply Intermarket Analysis to Your EMA 10/20 Strategy Your current strategy uses EMA 10/20 crossovers for entry/exit, with SL at swing low/high and no TP until an opposite crossover. Here’s how to integrate intermarket analysis: Confirmation: Before acting on a buy signal (EMA 10 > EMA 20), check if DXY is weakening (e.g., below 50 SMA) or oil is rising (MACD bullish). This supports a gold uptrend. Divergence Warning: If your EMA 10/20 buy signal occurs but DXY is trending up (strong USD) or yields are spiking, it might indicate a false breakout—hold off. Macro Context: On July 02, 2025, 08:30 PM WIB, watch for upcoming US Jobless Claims (3-4 July). A weak report could boost gold and weaken USD, aligning with your buy signal.
Pine Script® indicator
by milikgroupy_tv
Relative Measured Volatility (RMV)RMV • Volume-Sensitive Consolidation Indicator A lightweight Pine Script that highlights true low-volatility, low-volume bars in a single squeeze measure. What it does Calculates each bar’s raw High-Low range. Down-weights bars where volume is below its 30-day average, emphasizing genuine quiet periods. Normalizes the result over the prior 15 bars (excluding the current bar), scaling from 0 (tightest) to 100 (most volatile). Draws the series as a step plot, shades true “tight” bars below the user threshold, and marks sustained squeezes with a small arrow. Key inputs Lookback (bars): Number of bars to use for normalization (default 15). Tight Threshold: RMV value under which a bar is considered squeezed (default 15). Volume SMA Period: Period for the volume moving average benchmark (default 30). How it works Raw range: barRange = high - low Volume ratio: volRatio = min(volume / sma(volume,30), 1) Weighted range: vwRange = barRange * volRatio Rolling min/max (prior 15 bars): exclude today so a new low immediately registers a 0. Normalize: rmv = clamp(100 * (vwRange - min) / (max - min), 0, 100) Visualization & signals Step line for exact bar-by-bar values. Shaded background when RMV < threshold. Consecutive-bar filter ensures arrows only appear when tightness lasts at least two bars, cutting noise. Why use it Quickly spot consolidation zones that combine narrow price action with genuine dry volume—ideal for swing entries ahead of breakouts.
Pine Script® indicator
by byunjungwon
[eLm] 0-1-2# 📈 Market Structure Indicator – Counter System This indicator dynamically analyzes price action to detect key market structure shifts and trend strength using four essential formations: ## 🔍 Detected Structures - **Higher High (HH):** A candle forming a new high above recent peaks - **Lower Low (LL):** A candle forming a new low below recent bottoms - **Higher Low (HL):** A higher dip, indicating potential trend continuation - **Lower High (LH):** A lower peak, signaling potential weakness ## 🧠 Structure Protection Logic After a HH or LL is formed, if price does not breach that level within a user-defined number of candles, the level is considered **"protected."** This provides insight into trend strength and market reaction. ## 🔢 HL / LH Counter System - Each HL or LH increases a counter. - A new HH or LL **resets** the corresponding counter to zero. > This helps visualize how many consecutive HL or LH structures have occurred — useful for measuring trend momentum. ## 🎯 Use Cases - Trend following and confirmation - Early trend reversal detection - Building structure-based trading strategies - Understanding price behavior and market intent --- > **Note:** This indicator does not provide financial advice. It is designed to support technical analysis with clear, structure-based visual signals.
Pine Script® indicator
by elmasgunes
15-Min ORB Indicator with Breakout Targets **What this indicator does:** The 15-Min ORB (Opening Range Breakout) Indicator helps traders spot breakout trades by automatically detecting the high and low of the first 15 minutes after a session opens. It then monitors for breakouts above or below this range and plots dynamic take-profit levels based on your chosen multipliers. **How it works:** You set the start time for your session (hour and minute) in the settings. The indicator marks the high and low during the first 15 minutes after your chosen open time, drawing lines on the chart and, if enabled, labels for these levels. If price breaks above the 15-min high, a potential long breakout is identified; if it breaks below the low, a potential short breakout is detected. Upon a breakout, the script calculates the distance from the entry (breakout) to the opposite side of the 15-min range and uses your input multipliers to project two take-profit levels (TP1/TP2). All lines and labels (for the range and targets) can be individually toggled on or off in the settings. Both the 15-min range and the targets can be styled (color, line style, label position). **How to use it:** Add the indicator to your chart. Set the session start hour and minute to match your instrument’s open (e.g., 9:30 for US stocks or futures). Use the settings to customize which levels and labels are shown, their appearance, and the target expansion multiples. When price breaks out above or below the opening range, the script will plot TP1 and TP2 lines at your chosen risk/reward multiples, and label them if desired. You can use the visual levels for trade entries, profit taking, or alerts. **What makes it unique and useful:** > Unlike many basic ORB indicators, this script not only marks the opening range but also tracks breakouts, auto-plots your profit targets based on range expansion, and gives you full control over display (styles, toggles, and label positions). The TP targets are dynamic and can be set to any multiples, adapting to your risk/reward plan and breakout style. Everything is customizable for your own session times, instrument, or trading approach. **Typical uses:** Intraday traders looking for clear breakout setups around the session open. Automated R-multiple target planning for both long and short trades. Visualizing volatility and measuring early price expansion.
Pine Script® indicator
by JWinters318
Warrior Trading Momentum Strategy # 🚀 Warrior Trading Momentum Strategy - Day Trading Excellence ## Strategy Overview This comprehensive Pine Script strategy replicates the proven methodologies taught by Ross Cameron and the Warrior Trading community. Designed for active day traders, it identifies high-probability momentum setups with strict risk management protocols. ## 📈 Core Trading Setups ### 1. Gap and Go Trading - **Primary Focus**: Stocks gapping up 2%+ with volume confirmation - **Entry Logic**: Breakout above gap open with momentum validation - **Volume Filter**: 2x average volume requirement for quality setups ### 2. ABCD Pattern Recognition - **Pattern Detection**: Automated identification of classic ABCD reversal patterns - **Validation**: A-B and C-D move relationship analysis - **Entry Trigger**: D-point breakout with volume confirmation ### 3. VWAP Momentum Plays - **Strategy**: Entries near VWAP with bounce confirmation - **Distance Filter**: Configurable percentage distance for optimal entries - **Direction Bias**: Above VWAP bullish momentum validation ### 4. Red to Green Reversals - **Setup**: Reversal patterns after consecutive red candles - **Confirmation**: Volume spike with bullish close required - **Momentum**: Trend change validation with RSI support ### 5. Breakout Momentum - **Logic**: Breakouts above recent highs with volume - **Filters**: EMA20 and RSI confirmation for quality - **Trend**: Established momentum direction validation ## ⚡ Key Features ### Smart Risk Management - **Position Sizing**: Automatic calculation based on account risk percentage - **Stop Loss**: 2 ATR-based stops for volatility adjustment - **Take Profit**: Configurable risk-reward ratios (default 1:2) - **Trailing Stops**: Profit protection with adjustable triggers ### Advanced Filtering System - **Time Filters**: Market hours trading with lunch hour avoidance - **Volume Confirmation**: Multi-timeframe volume analysis - **Momentum Indicators**: RSI and moving average trend validation - **Quality Control**: Multiple confirmation layers for signal accuracy ### PDT-Friendly Design - **Trade Limiting**: Built-in daily trade counter for accounts under $25K - **Selective Trading**: Priority scoring system for A+ setups only - **Quality over Quantity**: Maximum 2-3 high-probability trades per day ## 🎯 Optimal Usage ### Best Timeframes - **Primary**: 5-minute charts for entry timing - **Secondary**: 1-minute for precise execution - **Context**: Daily charts for gap analysis ### Ideal Market Conditions - **Volatility**: High-volume, momentum-driven markets - **Stocks**: Market cap $100M+, average volume 1M+ shares - **Sectors**: Technology, biotech, growth stocks with news catalysts ### Account Requirements - **Minimum**: $500+ for proper position sizing - **Recommended**: $25K+ for unlimited day trading - **Risk Tolerance**: Active day trading experience preferred ## 📊 Performance Optimization ### Entry Criteria (All Must Align) 1. ✅ Time filter (market hours, avoid lunch) 2. ✅ Volume spike (2x+ average volume) 3. ✅ Momentum confirmation (RSI 50-80) 4. ✅ Trend alignment (above EMA20) 5. ✅ Pattern completion (setup-specific) ### Risk Parameters - **Maximum Risk**: 1-2% per trade - **Position Size**: 25% of account maximum - **Stop Loss**: 2 ATR below entry - **Take Profit**: 2:1 risk-reward minimum ## 🔧 Customization Options ### Gap Trading Settings - Minimum gap percentage threshold - Volume multiplier requirements - Gap validation criteria ### Pattern Recognition - ABCD ratio parameters - Swing point sensitivity - Pattern completion filters ### Risk Management - Risk-reward ratio adjustment - Maximum daily trade limits - Trailing stop trigger levels ### Time and Session Filters - Trading session customization - Lunch hour avoidance toggle - Market condition filters ## ⚠️ Important Disclaimers ### Risk Warning - **High Risk**: Day trading involves substantial risk of loss - **Capital Requirements**: Only trade with risk capital - **Experience**: Strategy requires active monitoring and experience - **Market Conditions**: Performance varies with market volatility ### PDT Considerations - **Day Trading Rules**: Accounts under $25K limited to 3 day trades per 5 days - **Compliance**: Strategy includes trade counting for PDT compliance - **Alternative**: Consider swing trading modifications for smaller accounts ### Backtesting vs Live Trading - **Slippage**: Real trading involves execution delays and slippage - **Commissions**: Factor in broker fees for accurate performance - **Market Impact**: Large positions may affect fill prices - **Psychological Factors**: Live trading involves emotional challenges ## 📚 Educational Value This strategy serves as an excellent learning tool for understanding: - Professional day trading methodologies - Risk management principles - Pattern recognition techniques - Volume and momentum analysis - Multi-timeframe analysis ## 🤝 Community and Support Based on proven Warrior Trading methodologies with active community support. Strategy includes comprehensive plotting and information tables for educational purposes and trade analysis. --- **Disclaimer**: This strategy is for educational purposes. Past performance does not guarantee future results. Always practice proper risk management and never risk more than you can afford to lose. **Tags**: #DayTrading #Momentum #WarriorTrading #GapAndGo #ABCD #VWAP #PatternTrading #RiskManagement
Pine Script® strategy
by pgmqs42k5s